Common use of Continued Existence; Compliance with Law Clause in Contracts

Continued Existence; Compliance with Law. The Company shall comply in all respects with its Certificate of Incorporation. The Company shall preserve, renew and keep in full force and effect its existence as a corporation and its material rights, licenses, certificates, and permits and shall comply in all material respects with all laws, rules, regulations, ordinances, orders and judgments applicable to it. The Company will obtain, renew and extend all of the foregoing rights, certificates, permits, licenses, certificates of compliance and the like which may be necessary for the continuation of the operation of its business as currently conducted and will give prompt written notice to the Purchasers of (i) any citation or order relating thereto, (ii) any lapse, suspension, revocation, rescission or other termination thereof, (iii) any alleged breach or violation thereof by the Company or any other Person, (iv) any proceeding relating thereto or (v) any refusal of any Person to grant or extend the same.

Continued Existence; Compliance with Law. The Company Borrower shall comply in all respects with its Certificate certificate of Incorporationincorporation. The Company Borrower shall preserve, renew and keep in full force and effect its existence as a corporation and its material rights, licenses, certificates, and permits permits, and shall comply in all material respects with all laws, rules, regulations, ordinances, orders and judgments applicable to it. The Company Borrower will obtain, renew renew, and extend all of the foregoing rights, certificates, permits, licenses, certificates of compliance and the like which may be necessary for the continuation of the operation of its business as currently conducted and will give prompt written notice to the Purchasers Lender of (ia) any citation or order relating thereto, (iib) any lapse, suspension, revocation, rescission or other termination thereof, (iiic) any alleged breach or violation thereof by the Company Borrower or any other Person, (ivd) any proceeding relating thereto thereto, or (ve) any refusal of any Person person to grant or extend the same.