Common use of Corporate Existence and Maintenance of Properties Clause in Contracts

Corporate Existence and Maintenance of Properties. Borrower shall, and shall cause each other Obligor to, maintain and preserve (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be so qualified or in good standing could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect). Borrower will, and will cause each other Obligor to, maintain or cause to be maintained in good repair, working order and condition, ordinary wear and tear excepted, all material properties used or useful in the business of the Borrower and other Obligors and from time to time will make or cause to be made all appropriate repairs, renewals and replacements thereof.

Corporate Existence and Maintenance of Properties. Borrower shall, and Borrower shall cause each other Obligor of its Subsidiaries to, maintain and preserve (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be so qualified or in good standing could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect). Borrower willshall, and will Borrower shall cause each other Obligor of its Subsidiaries to, maintain or cause to be maintained in good repair, working order and condition, ordinary wear and tear excepted, all material properties used or useful in the business of the Borrower and other Obligors its Subsidiaries and from time to time will make or cause to be made all appropriate repairs, renewals and replacements thereof.

Corporate Existence and Maintenance of Properties. Borrower shall, and shall cause each other Obligor of its Subsidiaries to, maintain and preserve (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be so qualified or in good standing could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect). Borrower will, and will cause each other Obligor of its Subsidiaries to, maintain or cause to be maintained in good repair, working order and condition, ordinary wear and tear excepted, all material properties used or useful in the business of the Borrower and other Obligors its Subsidiaries and from time to time will make or cause to be made all appropriate repairs, renewals and replacements thereof.