Common use of Compliance with Laws and Preservation of Corporate Existence Clause in Contracts

Compliance with Laws and Preservation of Corporate Existence. Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Such Originator will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where its business is conducted, except where the failure to so preserve and maintain any such rights, franchises or privileges or to so qualify could not reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement, Receivables Sale Agreement (Patterson Companies, Inc.)

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Compliance with Laws and Preservation of Corporate Existence. Such (i) Originator will comply in all respects with the requirements of all applicable laws, rules, regulationsregulations and governmental approvals, and all orders, writs, judgmentsinjunctions and decrees of any court or governmental authority or agency, injunctions, decrees or awards to which it may be subject, except where the if failure to so comply with such requirements could not reasonably be expected to have a Material Adverse Effect. Such . (ii) Originator will (A) preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, incorporation and (B) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where its business is conducted, except where the failure to so preserve and maintain any such rights, franchises or privileges or to so qualify could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Puget Energy Inc /Wa), Receivables Sale Agreement (Puget Sound Energy Inc), Receivables Sale Agreement (Puget Sound Energy Inc)

Compliance with Laws and Preservation of Corporate Existence. Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Such Originator will preserve and maintain its corporate existence, rights, rights and franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where in which such qualification is necessary in view of its business is conductedbusinesses and operations or the ownership of its properties, except where provided that Originator shall not be required to preserve any such right or franchise or to remain so qualified unless the failure to do so preserve and maintain any such rights, franchises or privileges or to so qualify could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Sale Agreement (CMS Energy Corp), Receivables Sale Agreement (CMS Energy Corp)

Compliance with Laws and Preservation of Corporate Existence. Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject, except where the failure to so comply could not reasonably be expected to have a Material Adverse EffectEffect (such determination to be made solely by Agent). Such Originator will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where its business is conducted, except where the failure to so preserve and maintain any such rights, franchises qualify or privileges or to so qualify remain in good standing could not reasonably be expected to have a Material Adverse EffectEffect (such determination to be made solely by Agent).

Appears in 1 contract

Samples: Receivables Sale Agreement (Ceridian Corp /De/)

Compliance with Laws and Preservation of Corporate Existence. Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Such Originator will preserve and maintain its corporate or limited liability company, as applicable, existence, rights, franchises and privileges in the jurisdiction of its incorporationincorporation or formation, as applicable, and qualify and remain qualified in good standing as a foreign corporation or foreign limited liability company, as applicable, in each jurisdiction where its business is conducted, except where the failure to so preserve and maintain any such rights, franchises or privileges or to so qualify could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (P&l Coal Holdings Corp)

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Compliance with Laws and Preservation of Corporate Existence. (i) Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subject, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. . (ii) Such Originator will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where its business is conducted, except where the failure to be so preserve and maintain any such rights, franchises or privileges or to so qualify qualified could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (Lennox International Inc)

Compliance with Laws and Preservation of Corporate Existence. Such Originator will comply in all respects with all applicable laws, rules, regulations, orders, writs, judgments, injunctions, decrees or awards to which it may be subjectimposed by all governmental authorities in respect of the conduct of their respective businesses and the ownership of their respective properties, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Such Originator will preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where its business is conducted, except where the failure to so preserve and maintain any such rights, franchises qualify or privileges or to so qualify could remain qualified would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Funding Agreement (Reynolds & Reynolds Co)

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