Status and Filings Clause Samples
The "Status and Filings" clause establishes the obligation of a party—typically a business entity—to maintain its legal standing and comply with all necessary governmental filings and registrations. In practice, this means the party must remain in good standing in its jurisdiction of formation and any other relevant locations, ensuring that all required documents, such as annual reports or licenses, are timely filed and up to date. This clause serves to assure the other party that the entity is legally authorized to conduct business, thereby reducing the risk of contractual issues arising from lapses in legal compliance.
Status and Filings. The Purchaser will maintain its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. BSI will maintain its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. SAS will maintain its respective corporate status and comply with all applicable securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. Foro will maintain its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. Naked will maintain its corporate status and comply with all applicable corporate and securities requirements, and any other requirements of any Governmental Bodies, (including any applicable filing requirements) prior to Closing.
Status and Filings. SBH will maintain its corporate status and comply with all Applicable Securities Laws (including any applicable filing requirements) prior to Closing.
Status and Filings. ETS will maintain its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. Interra will maintain, and cause Subco to maintain, its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. Lion will maintain its corporate status and comply with all applicable securities requirements (including any applicable filing requirements) prior to Closing.
Status and Filings. DLT will maintain its corporate status and comply with all applicable corporate and securities requirements (including any applicable filing requirements) prior to Closing.