Common use of Continuity of Business Clause in Contracts

Continuity of Business. The Borrower shall and shall cause LendingClub to: (i) preserve and maintain its legal existence; and (ii) maintain all licenses, rights, permits, franchises and qualifications necessary to perform its respective obligations under this Agreement and the other Transaction Documents and to operate its business generally, except, in the case of clause (ii), where failure to so maintain could not reasonably be expected to result in a Material Adverse Change.

Continuity of Business. The Borrower shall and shall cause LendingClub the Seller and the Servicer to: (i) preserve and maintain its legal existence; and (ii) maintain all licenses, rights, permits, franchises and qualifications necessary to perform its respective obligations under this Agreement and the other Transaction Documents to which it is party, and to operate its business generally, except, in the case of clause (ii), where ii),where failure to so maintain could not reasonably be expected to result in a Material Adverse Change.