Books, Existence, etc Sample Clauses

Books, Existence, etc. Keep proper, accurate and complete books of account and do or cause to be done all things necessary to: (i) preserve its existence under the laws of the State where each entity is incorporated; (ii) remain or become a corporation qualified and/or authorized to engage in business in good standing in all other jurisdictions in which the character of its properties or the transaction of its business make such qualifications and/or authorization necessary and the failure to be so qualified would have a material adverse effect on Co-Borrowers; and (iii) preserve and maintain in full force and effect all other qualifications, certificates or licenses required for the conduct of the businesses of Co-Borrowers except where the failure to do so would not have a material would not have a material adverse effect on Co-Borrowers.
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Books, Existence, etc. Keep proper, accurate and complete books of account and do or cause to be done all things necessary to: (i) preserve its existence under the laws of the State of Nevada, or, after 10 days notice to RBL, such other jurisdiction as Borrower shall become incorporated; (ii) remain or become qualified and/or authorized to engage in business in good standing in the State of Nevada and all other jurisdictions in which the character of its properties or the transaction of its business make such qualifications and/or authorization necessary, the absence of which would have a negative material effect on Borrower; and (iii) preserve and maintain in full force and effect all other qualifications, certificates or licenses required for the conduct of the businesses of Borrower the absence of which would have a negative material effect on Borrower.
Sample 1

Related to Books, Existence, etc

  • Organization, Existence, etc The Buying Corporation is a corporation duly organized, validly existing and in good standing under the laws of the state of Minnesota and has the power to carry on its business as it is now being conducted.

  • Corporate Existence, Etc Subject to Section 10.2, the Company will at all times preserve and keep its corporate existence in full force and effect. Subject to Section 10.2, the Company will at all times preserve and keep in full force and effect the corporate existence of each of its Subsidiaries (unless merged into the Company or a Wholly-Owned Subsidiary) and all rights and franchises of the Company and its Subsidiaries unless, in the good faith judgment of the Company, the termination of or failure to preserve and keep in full force and effect such corporate existence, right or franchise would not, individually or in the aggregate, have a Material Adverse Effect.

  • Maintenance of Corporate Existence, etc The Company shall maintain in full force and effect its corporate existence, rights and franchises and all licenses and other rights in or to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it or any subsidiary and deemed by the Company to be necessary to the conduct of their business.

  • Legal Existence, Etc Subject to Section 10.2, the Company will at all times preserve and keep in full force and effect its legal existence. Subject to Section 10.2, the Company will at all times preserve and keep in full force and effect the legal existence of each of its Principal Subsidiaries (unless merged into the Company or a Wholly-Owned Subsidiary) and all rights and franchises of the Company and its Principal Subsidiaries unless, in the good faith judgment of the Company, the termination of or failure to preserve and keep in full force and effect such legal existence, right or franchise would not, individually or in the aggregate, have a Material Adverse Effect.

  • Existence, Etc Seller shall:

  • Maintain Existence It will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing as a foreign trust or limited liability company in each jurisdiction where its business is conducted, and will obtain and maintain all requisite authority to conduct its business in each jurisdiction in which its business requires such authority.

  • Preservation of Corporate Existence, Etc Preserve and maintain, and cause each of its Subsidiaries to preserve and maintain, its corporate existence, rights (charter and statutory) and franchises; provided, however, that the Borrower and its Subsidiaries may consummate any merger or consolidation permitted under Section 5.02(b) and provided further that neither the Borrower nor any of its Subsidiaries shall be required to preserve any right or franchise if the Board of Directors of the Borrower or such Subsidiary shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Borrower or such Subsidiary, as the case may be, and that the loss thereof is not disadvantageous in any material respect to the Borrower, such Subsidiary or the Lenders.

  • Formation; Existence Buyer is a limited liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware, and the Buyer, or its applicable Designated Subsidiary, is qualified to do business in the states where the Properties acquired by Buyer or such Designated Subsidiary are located.

  • Maintenance of Existence, etc Maintain and preserve, and (subject to Section 11.5) cause each other Loan Party to maintain and preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

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