Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Continue to engage in their respective business and operations substantially as conducted immediately prior to the Effective Date;
(b) Preserve, renew and keep in full force and effect its existence and maintain its qualifications to do business in each jurisdiction where such qualifications are necessary for its operations, except as otherwise permitted pursuant to Section 8.4;
(c) Take all action it deems necessary in its reasonable business judgment to maintain all rights, privileges, licenses and franchises necessary for the normal conduct of its business except where the failure to so maintain such rights, privileges or franchises could not, either singly or in the aggregate, reasonably be expected to have a Material Adverse Effect;
(d) Comply with all Contractual Obligations and Requirements of Law, except to the extent that failure to comply therewith could not, either singly or in the aggregate, reasonably be expected to have a Material Adverse Effect; and
(i) Continue to be a Person whose property or interests in property is not blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism (66 Fed. Reg. 49079 (2001)) (the “Order”), (ii) not engage in the transactions prohibited by Section 2 of that Order or become associated with Persons such that a violation of Section 2 of the Order would arise, and (iii) not become a Person on the list of Specially Designated National and Blocked Persons, or (iv) otherwise not become subject to the limitation of any OFAC regulation or executive order.
Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Continue to engage in their respective business and operations substantially as conducted immediately prior to the Effective Date;
(b) Preserve, renew and keep in full force and effect its existence and maintain its qualifications to do business in each jurisdiction where such qualifications are necessary for its operations, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect or as otherwise permitted pursuant to Section 6.4;
(c) Take such actions or cause to be done all things necessary to preserve and keep in full force and effect Borrower’s corporate or limited partnership existence, rights, franchises, licenses and approvals, including without limitation, its status as an FNMA approved seller/servicer, a HUD direct endorsement lender, and an FHA/VA approved lender, in each case, in good standing; comply with all applicable laws; continue to conduct and operate its business substantially as conducted and operated during the present and preceding calendar year; at all times maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property and keep the same in good repair, working order and condition; and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly and advantageously conducted at all times;
(d) Comply with all Contractual Obligations and Requirements of Law, except to the extent that failure to comply therewith could not, either singly or in the aggregate, reasonably be expected to have a Material Adverse Effect; and
(i) Continue to be a Person whose property or interests in property is not blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit or Support Terrorism (66 Fed. Reg. 49079 (2001)) (the “Order”), (ii) not engage in the transactions prohibited by Section 2 of that Order or become associated with Persons such that a violation of Section 2 of the Order would arise, and (iii) not become a Person on the list of Specially Designated National and Blocked Persons, or (iv) otherwise not become subject to the limitation of any OFAC regulation or executive order.
Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Continue to engage solely in the business now conducted by the Company or the Guarantors and businesses related thereto and preserve, renew and keep in full force and effect its existence, except as otherwise permitted pursuant to Sections 8.4 and 8.5;
(b) Take all reasonable action it deems necessary in its reasonable business judgment to maintain all rights, privileges and franchises necessary in the normal conduct of its business except as otherwise permitted pursuant to Section 8.5 or where the failure to so maintain would not reasonably be expected to have a Material Adverse Effect; and
(c) Comply with all Contractual Obligations and Requirements of Law, except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.
Conduct of Business and Maintenance of Existence; Compliance with Laws. Continue to engage in business of the same general type as now conducted by it, or business reasonably related or incidental thereto, and take all reasonable action to maintain its organizational existence and all other rights, privileges and franchises material to its and those of each of its Subsidiaries’ business, in each case, except as otherwise permitted pursuant to Sections 8.3 and 8.4 and comply and cause each of its Subsidiaries to comply with all Contractual Obligations and Requirements of Law, except to the extent that failure to comply therewith could not in the aggregate reasonably be expected to have a Material Adverse Effect.
Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Continue to engage in their respective lines of business and operations substantially as conducted or contemplated to be conducted immediately prior to the Effective Date, it being understood that this Section 7.4(a) shall not be construed to limit any activities or operations incidental, ancillary, reasonably related to the Credit Parties’ lines of business or reasonable extensions thereof;
(b) Preserve, renew and keep in full force and effect its existence and maintain its qualifications to do business in each jurisdiction where such qualifications are necessary for its operations, except as otherwise permitted pursuant to Section 8.4, except, in each case, where the failure to do so could not reasonably be expected to result in a Material Adverse Effect;
(c) Take all action it deems necessary in its reasonable business judgment to maintain all rights, privileges, licenses and franchises necessary for the normal conduct of its business except where the failure to so maintain such rights, privileges or franchises could not, either singly or in the aggregate, reasonably be expected to have a Material Adverse Effect;
Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Each Credit Party will continue to engage in business of the same general type as conducted by such Credit Party as described in the Prospectus in effect on the Closing Date, taken as a whole.
(b) The Borrower will preserve, renew and keep in full force and effect its existence and good standing as a Delaware statutory trust and its rights, privileges and franchises necessary in the normal conduct of its business. Each Holding Vehicle and the Additional Pledgor will preserve, renew and keep in full force and effect its existence and good standing as a Delaware limited liability company or Delaware limited partnership, as applicable, and its rights, privileges and franchises necessary in the normal conduct of its business. The Borrower will maintain in full force and effect its registration as a closed-end management investment company under the Investment Company Act.
(c) Each Credit Party will comply in all material respects with all Requirements of Law (including the Investment Company Act) and the requirements of any Governmental Authority with respect thereto, except in such instances in which the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.
Conduct of Business and Maintenance of Existence; Compliance with Laws. Seller shall comply in all respects with all applicable laws, ordinances, rules, regulations and requirements of governmental authorities (including, without limitation, those relating to pollution and environmental matters and employee pension plans), except where the necessity of compliance therewith is contested in good faith by appropriate proceedings or where non-compliance therewith would not, individually or in the aggregate, have an adverse effect on the ability of Seller to satisfy its obligations under this Agreement or consummate the transactions contemplated hereby.
Conduct of Business and Maintenance of Existence; Compliance with Laws. Continue to engage in their respective business and operations substantially as conducted immediately prior to the Restatement Date;
Conduct of Business and Maintenance of Existence; Compliance with Laws. (a) Continue to engage in the business as substantially now conducted by each Borrower and its Subsidiaries and businesses related thereto and not acquire any material operating or other assets, other than shares of stock or membership or other equity interest in its Subsidiaries; and preserve, renew and keep in full force and effect its existence, except as otherwise permitted pursuant to Section 7.5;
(b) take all reasonable action it deems necessary in its reasonable business judgment to maintain all rights, privileges and franchises necessary in the normal conduct of its business except as otherwise permitted pursuant to Section 7.5 or where the failure to so maintain would not reasonably be expected to have a Material Adverse Effect; and
(c) comply with all Contractual Obligations and Requirements of Law, except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.
Conduct of Business and Maintenance of Existence; Compliance with Laws. Continue to engage in businesses of the same general type as now conducted by it (after giving effect to the Acquisition), and preserve, renew and keep in full force and effect its corporate existence and take all reasonable action to maintain all material rights, material privileges, franchises, copyrights, patents, trademarks and trade names necessary or desirable in the normal conduct of its business except for rights, privileges, franchises, copyrights, patents, trademarks and tradenames the loss of which would not in the aggregate have a material adverse effect on the business, assets, condition (financial or otherwise) or results of operations of Holdings, the Borrower and its Subsidiaries taken as a whole, and except as otherwise permitted by subsections 8.4 and 8.5; and comply with all applicable Requirements of Law except to the extent that the failure to comply therewith would not, in the aggregate, have a material adverse effect on the business, assets, condition (financial or otherwise) or results of operations of Holdings, the Borrower and its Subsidiaries taken as a whole and comply with all obligations under any License and the Sprint Agreements).
