Common use of Conduct of Business, Maintenance of Existence, Compliance with Laws Clause in Contracts

Conduct of Business, Maintenance of Existence, Compliance with Laws. (a) Engage in business of the same general type as now conducted by it; carry on and conduct its business and operations in a proper, efficient and businesslike manner, in accordance with good business practice and Requirements of Law; preserve, renew and keep in full force and effect its existence; and take all reasonable action to maintain all rights, privileges and franchises necessary in the normal conduct of its business, and (b) comply in all material respects with all Material Agreements, Material Licences and Permitted Encumbrances.

Appears in 3 contracts

Samples: Credit Agreement (Strategic Storage Trust VI, Inc.), Non Revolving Term Facility Credit Agreement (Strategic Storage Trust VI, Inc.), Non Revolving Term Facility Credit Agreement (Strategic Storage Trust VI, Inc.)

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Conduct of Business, Maintenance of Existence, Compliance with Laws. (a) Engage engage in business of the same general type as now conducted by it; carry on and conduct its business and operations in a proper, efficient and businesslike manner, in accordance with good business practice and Requirements of Lawpractice; preserve, renew and keep in full force and effect its existence; and take all reasonable action to maintain all rights, privileges and franchises necessary in the normal conduct of its business, business and (b) to comply in all material respects with all Material Agreements, Material Licences Contracts and Permitted Encumbrances.all Laws;

Appears in 1 contract

Samples: Credit Agreement

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Conduct of Business, Maintenance of Existence, Compliance with Laws. (a) Engage in business of the same general type as now conducted by it; carry on and conduct its business and operations in a proper, efficient and businesslike manner, in accordance with good business practice and Requirements of Lawpractice; preserve, renew and keep in full force and effect its existence; and take all reasonable action to maintain all rights, privileges and franchises necessary in the normal conduct of its business, business and (b) to comply in all material respects with all Material AgreementsContracts, Material Licences and Permitted EncumbrancesRequirements of Law, including Requirements of Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Dirtt Environmental Solutions LTD)

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