Common use of Conduct of Business; Maintenance of Existence Clause in Contracts

Conduct of Business; Maintenance of Existence. The Borrower --------------------------------------------- will, and will cause of each of its Subsidiaries to, continue to engage in the business in which they are engaged and maintain its existence and comply with all applicable statutes, rules and regulations and remain duly qualified as a foreign corporation, licensed and in good standing in each jurisdiction where such qualification or licensing is required by the nature of its business, the character and location of its property, business, or the ownership or leasing of its property, except where such noncompliance or failure to so qualify would not have a Material Adverse Effect, and the Borrower will maintain its properties in good operating condition, and continue to conduct its business as presently conducted.

Appears in 2 contracts

Samples: Revolving Credit Agreement (American Dental Partners Inc), Revolving Credit Agreement (American Dental Partners Inc)

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Conduct of Business; Maintenance of Existence. The Borrower --------------------------------------------- will, and will cause of each of its Subsidiaries to, continue to engage in the business in which they are engaged and maintain its existence and comply with all applicable statutes, rules and regulations and remain duly qualified as a foreign corporation, licensed and in good standing in each jurisdiction where such qualification or licensing is required by the nature of its business, the character and location of its property, business, or the ownership or leasing of its property, except where such noncompliance or failure to so qualify would not have a Material Adverse Effect, and the Borrower will maintain its properties in good operating condition, and continue to conduct its business as presently conducted.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Dental Partners Inc)

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Conduct of Business; Maintenance of Existence. The --------------------------------------------- Borrower --------------------------------------------- will, and will cause of each of its Subsidiaries to, continue to engage in the business in which they are it is engaged and maintain its existence and comply with all applicable statutesstatues, rules and regulations and remain duly qualified as a foreign corporation, licensed and in good standing in each jurisdiction where such qualification or licensing is required by the nature of its business, the character and location of its property, business, or the ownership or leasing of its property, except where such noncompliance or failure to so qualify would not have a Material Adverse Effect, and the Borrower will maintain its properties in good operating condition, and continue to conduct its business as presently conducted.

Appears in 1 contract

Samples: Credit Agreement (Lifeline Systems Inc)

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