Consolidated Corporate Franchises. Each of the Borrower and each Parent Guarantor will do, and will cause each Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that each Parent Guarantor, the Borrower and the Subsidiaries may consummate any transaction permitted under Section 10.3, 10.4 or 10.5.
Appears in 7 contracts
Samples: Credit Agreement (WideOpenWest Finance, LLC), Credit Agreement (WideOpenWest Finance, LLC), Credit Agreement (WideOpenWest Finance, LLC)
Consolidated Corporate Franchises. Each of the The Parent Borrower and each Parent Guarantor will do, and will cause each Material Subsidiary that is a Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could would not reasonably be expected to have a Material Adverse Effect; provided, however, that each the Parent Guarantor, the Borrower and the Restricted Subsidiaries may consummate any transaction otherwise permitted hereby, including under Section 10.2, 10.3, 10.4 or 10.5.
Appears in 2 contracts
Samples: Abl Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.)
Consolidated Corporate Franchises. Each of Holdings and the Borrower and each Parent Guarantor will do, and will cause each Restricted Subsidiary (other than any Immaterial Subsidiary) Guarantor to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that each Parent Guarantor, the Borrower and the Subsidiaries Loan Parties may consummate any transaction permitted or not otherwise prohibited under Section 10.3, 10.4 7.2 or 10.57.5.
Appears in 1 contract
Samples: Credit Agreement (Brookfield Residential Properties Inc.)
Consolidated Corporate Franchises. Each of the Borrower and each eachthe Parent Guarantor will do, and will cause each Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that each eachthe Parent Guarantor, the Borrower and the Subsidiaries may consummate any transaction permitted under Section 10.3, 10.4 or 10.5.
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