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

Corporate Existence and Conduct of Business. Each Borrower will maintain and preserve its corporate existence, good standing, certificates of authority, licenses, permits, franchises, patents, trademarks, trade names, service marks, copyrights, leases and all other contracts and rights necessary or desirable to continue its operations and business on a profitable basis and will generally continue the same line of business as that being presently conducted.

Appears in 3 contracts

Samples: Credit Agreement (Continental Waste Industries Inc), Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc)

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Corporate Existence and Conduct of Business. Each The Borrower will maintain and preserve its corporate existence, good standing, certificates of authority, licenses, permits, franchises, patents, trademarks, trade names, service marks, copyrights, leases and all other contracts and rights necessary or desirable to continue its operations and business on a profitable basis and will generally continue the same line of business as that being presently conducted.

Appears in 1 contract

Samples: Credit Agreement (Zebu)

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Corporate Existence and Conduct of Business. Each The Borrower will maintain and preserve its corporate existence, good standing, certificates of authority, licenses, permits, franchises, patents, trademarks, trade names, service marks, copyrightsIntellectual Property Rights, leases and all other contracts and rights necessary or desirable to continue its operations and business on a profitable basis and will generally continue the same line of business as that being presently conductedconducted by the Borrower. Without limiting the generality of the foregoing, the Borrower will maintain its status under the 1940 Act as a business development company and a regulated investment company.

Appears in 1 contract

Samples: Credit Agreement (Full Circle Capital Corp)

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