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

Compliance with Laws and Preservation of Corporate Existence. 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. 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.

Appears in 4 contracts

Samples: Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc)

AutoNDA by SimpleDocs

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 partnership existence, as the case may be, rights, franchises and privileges in the jurisdiction of its incorporation, organization and qualify and remain qualified in good standing as a foreign corporation entity in each jurisdiction where its business is conducted.

Appears in 1 contract

Samples: Receivables Sale Agreement (LKQ Corp)

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

Appears in 1 contract

Samples: Receivables Sale Agreement (Trendwest Resorts Inc)

Compliance with Laws and Preservation of Corporate Existence. 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. 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 registered foreign corporation in each jurisdiction where its business is conducted.

Appears in 1 contract

Samples: Receivables Sale Agreement (Timken Co)

AutoNDA by SimpleDocs

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 be so comply qualified 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.,

Appears in 1 contract

Samples: Receivables Sale Agreement (Plexus Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!