Consolidated Corporate Franchises. The Borrower will do, and will cause each Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material rights and authority, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Universal Outdoor Holdings Inc), Credit Agreement (Hosiery Corp of America Inc), Acquisition Credit Agreement (Universal Outdoor Inc)
Consolidated Corporate Franchises. The Borrower will do, and will cause each Material Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material corporate rights and authority, provided except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; PROVIDED, HOWEVER, that the Borrower and its Subsidiaries may consummate any transaction permitted by under Section 8.02 will not constitute a breach of this Section 7.0510.3, 10.4 or 10.5.
Appears in 3 contracts
Samples: Credit Agreement (PanAmSat Holding CORP), Credit Agreement (Wki Holding Co Inc), Credit Agreement (Corning Consumer Products Co)
Consolidated Corporate Franchises. The Borrower will do, and will cause each Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material rights and authority, provided unless the failure to do so would not have a Material Adverse Effect; PROVIDED, HOWEVER, that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.
Appears in 2 contracts
Samples: Credit Agreement (Global Marine Inc), Credit Agreement (Global Marine Inc)
Consolidated Corporate Franchises. The Borrower will do, and will cause each Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material rights and authority, provided unless the failure to do so would not have a Material Adverse Effect; provided, however, that any transaction permitted by Section SECTION 8.02 will not constitute a breach of this Section SECTION 7.05.
Appears in 1 contract
Samples: Credit Agreement (Global Marine Inc)
Consolidated Corporate Franchises. The Borrower will do, and the Borrower will cause each Material Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material corporate rights and authority, provided except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; PROVIDED, HOWEVER, that the Borrower and its Subsidiaries may consummate any transaction permitted by under Section 8.02 will not constitute a breach of this Section 7.0510.3, 10.4 or 10.5.
Appears in 1 contract
Samples: Credit Agreement (Intelsat LTD)
Consolidated Corporate Franchises. The Borrower will do, and the Borrower will cause each Material Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence, material corporate rights and authority, provided except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; PROVIDED, HOWEVER, that the Borrower and its Subsidiaries may consummate any transaction permitted by under Section 8.02 will not constitute a breach of this Section 7.0510.4 or 10.10.
Appears in 1 contract