Common use of Business and Existence Clause in Contracts

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound and prudent manner.

Appears in 10 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

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Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in substantially as conducted and operated during the present and preceding calendar years except where the failure to do so could not reasonably be expected to have a sound and prudent mannerMaterial Adverse Effect.

Appears in 6 contracts

Samples: Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Miller Industries Inc /Tn/)

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its respective existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound and prudent manner.

Appears in 6 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

Business and Existence. Perform all things reasonably necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound substantially as conducted and prudent manneroperated during the present and preceding calendar years.

Appears in 5 contracts

Samples: Loan Agreement (King Pharmaceuticals Inc), Loan Agreement (King Pharmaceuticals Inc), Loan Agreement (King Pharmaceuticals Inc)

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound substantially as conducted and prudent manneroperated during the present and preceding calendar years.

Appears in 4 contracts

Samples: Revolving Loan Agreement (CNL Strategic Capital, LLC), Revolving Loan Agreement (Kempharm, Inc), Loan Agreement

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound and prudent mannerbusiness.

Appears in 3 contracts

Samples: Loan Agreement (LINC Logistics Co), Credit Agreement (LINC Logistics Co), Loan Agreement (LINC Logistics Co)

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in substantially as conducted and operated during the present and preceding calendar years except where the failure to do so could not reasonably be expected to have a sound and prudent manner.Material Adverse Effect. 6.2

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Business and Existence. Perform all things necessary to preserve and keep in full force and effect affect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound and prudent mannerbusiness.

Appears in 1 contract

Samples: Loan Agreement (Universal Truckload Services, Inc.)

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its business in a sound substantially as conducted and prudent manneroperated during the present and preceding calendar years (subject to compliance with any so-called “Stay At Home” orders issued by any applicable governmental official or authority).

Appears in 1 contract

Samples: Loan Agreement (Pam Transportation Services Inc)

Business and Existence. Perform all things necessary to ---------------------- preserve and keep in full force and effect its existence, rights and franchises, franchises and comply with all laws applicable to it and continue to conduct and operate its business in a sound substantially as conducted and prudent manneroperated during the present and preceding calendar years.

Appears in 1 contract

Samples: Reimbursement Agreement (Grand Prix Association of Long Beach Inc)

Business and Existence. Perform all things necessary to preserve and keep in full force and effect its respective existence, rights and franchises, comply with all laws applicable to it and continue to conduct and operate its respective business in a sound substantially as conducted and prudent manneroperated during the present and preceding calendar years.

Appears in 1 contract

Samples: Loan Agreement (Standard Premium Finance Holdings, Inc.)

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