Corporate Existence and Rights. (i) do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) and franchises, except where the failure to do so, in the aggregate, could not reasonably be expected to have a Material Adverse Effect, and (ii) to maintain each Subsidiary as a Subsidiary, in each case except as permitted or required by Section 6.7(a) and Section 6.8(b); and
Appears in 3 contracts
Samples: Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation)
Corporate Existence and Rights. (i) do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) and franchises, subject to Section 7.9, except where the failure to do so, in the aggregate, so could not reasonably be expected to have a Material Adverse Effect, and
(ii) to maintain each Subsidiary as a Subsidiary, in each case except as permitted or required by Section 6.7(a) and Section 6.8(b); and
Appears in 2 contracts
Samples: Note Purchase Agreement (Alleghany Corp /De), Note Purchase Agreement (Alleghany Corp /De)
Corporate Existence and Rights. (i) do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) and franchises, except where the failure to do so, in the aggregate, could not reasonably be expected to have a Material Adverse Effect, and
(ii) to maintain each Subsidiary as a Subsidiary, in each case except as permitted or required by Section 6.7(a) and Section 6.8(b); and,
Appears in 1 contract
Samples: Note Purchase Agreement (Credit Acceptance Corporation)
Corporate Existence and Rights. (i) do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) existence and franchises, except where the failure to do so, either individually or in the aggregate, would not have, and could not reasonably be expected to have have, a Material Adverse Effect, and
(ii) to maintain each Subsidiary as a Subsidiary, in each case except as permitted or required by Section 6.7(a) 6.7 and Section 6.8(b6.8(a); and
Appears in 1 contract
Corporate Existence and Rights. (i) do or cause to be done all things necessary necessary
(i) to preserve and keep in full force and effect its corporate existence, rights (charter and statutory) and franchises, subject to Section 7.6, except where the failure to do so, in the aggregate, so could not reasonably be expected to have a Material Adverse Effect, ; and
(ii) to maintain each Subsidiary as a Subsidiary, except as otherwise permitted by Section 7.6 and Section 7.7; provided, that, in each case except as case, the Company shall be permitted or required by Section 6.7(a) and Section 6.8(b)to complete the Subsidiary Restructuring; and
Appears in 1 contract
Samples: Senior Subordinated Note and Warrant Purchase Agreement (Hutchinson Products Corp)
