Common use of Corporate Existence and Conduct of Business Clause in Contracts

Corporate Existence and Conduct of Business. The Borrower shall, and the Borrower shall cause the Guarantors to, maintain their respective corporate existences in good standing and do or cause to be done all things necessary to keep in full force and effect all properties, rights, franchises, licences and qualifications to carry on business in any jurisdiction in which it or they carry on business and each of the Borrowers shall, and the Borrower shall cause the Guarantors to, maintain all of its or their respective properties and assets consistent with industry standards.

Corporate Existence and Conduct of Business. The Except as contemplated by the Restructuring, the Borrower shall, and the Borrower shall cause the Guarantors its Subsidiaries to, maintain their respective corporate existences in good standing and do or cause to be done all things necessary to keep in full force and effect all properties, rights, franchises, licences and qualifications to carry on business in any jurisdiction in which it or they carry on business and each of the Borrowers it shall, and the Borrower shall cause the Guarantors its Subsidiaries to, maintain all of its or their respective properties and assets consistent with industry standards.