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

Corporate Existence; Maintenance of Properties. (a) The Borrower will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights and franchises and those of its Subsidiaries and will not, and will not cause or permit any of its Subsidiaries to, convert to any other entity.

Appears in 6 contracts

Samples: Credit Agreement (BTHC VII Inc), Subordinated Credit Agreement (Whitehall Jewelers Holdings, Inc.), Term Loan Credit Agreement (Whitehall Jewellers Inc)

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Corporate Existence; Maintenance of Properties. (a) The Borrower will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights and franchises and those of its Subsidiaries and will not, and will not cause or permit any of its Subsidiaries to, convert to any other entitya limited liability company.

Appears in 3 contracts

Samples: Consignment Agreement (Marks Bros Jewelers Inc), Loan and Gold Consignment Agreement (Commemorative Brands Inc), Gold Consignment Agreement (Commemorative Brands Inc)

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Corporate Existence; Maintenance of Properties. (a) The Borrower Each of the Borrowers will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights existence and franchises and those the corporate existence of its Subsidiaries and will not, and will not cause or permit any of its Subsidiaries to, convert to any other entityeach Subsidiary thereof.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)

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