Common use of Corporate Existence; Ownership of Subsidiaries Clause in Contracts

Corporate Existence; Ownership of Subsidiaries. The Company will, and will cause its Subsidiaries, if any, to, at all times preserve and keep in full force and effect their corporate existence, and rights and franchises material to the business of the Company, and will qualify, and will cause each of its Subsidiaries, if any, to qualify, to do business as a foreign corporation in any jurisdiction where the failure to do so would have a material adverse effect on the business, condition (financial or other), assets, properties or operations of the Company. The Company shall at all times own of record and beneficially, free and clear of all liens, charges, restrictions, claims and encumbrances of any nature, all of the issued and outstanding capital stock of each of its wholly-owned Subsidiaries.

Corporate Existence; Ownership of Subsidiaries. The Company will, and will cause its Subsidiaries, if any, Subsidiaries to, at all times preserve and keep in full force and effect their corporate existence, and rights and franchises material to the business of the CompanyCompany and its Subsidiaries, taken as a whole, and will qualify, and will cause each of its Subsidiaries, if any, Subsidiaries to qualify, to do business as a foreign corporation in any jurisdiction where the failure to do so would have a material adverse effect on the business, condition (financial or other), assets, properties or operations of the CompanyMaterial Adverse Effect. The Company shall at all times own of record and beneficially, free and clear of all liens, charges, restrictions, claims and encumbrances of any nature, all a majority of the issued and outstanding capital stock of each of its wholly-owned Subsidiaries.

Corporate Existence; Ownership of Subsidiaries. The Company will, and ---------------------------------------------- will cause its Subsidiaries, if any, Subsidiaries to, at all times preserve and keep in full force and effect their corporate existence, and rights and franchises material to the business of the CompanyCompany and its Subsidiaries, taken as a whole, and will qualify, and will cause each of its Subsidiaries, if any, Subsidiaries to qualify, to do business as a foreign corporation in any jurisdiction where the failure to do so would have a material adverse effect on the business, condition (financial or other), assets, properties or operations of the CompanyMaterial Adverse Effect. The Company shall at all times own of record and beneficially, free and clear of all liens, charges, restrictions, claims and encumbrances of any nature, all of the issued and outstanding capital stock of each of its wholly-owned Subsidiaries.

Corporate Existence; Ownership of Subsidiaries. The Company will, and will cause its Subsidiaries, if any, Subsidiaries to, at all times preserve and keep in full force and effect their corporate existence, and rights and franchises material to the business of the CompanyCompany and its Subsidiaries, taken as a whole, and will qualify, and will cause each of its Subsidiaries, if any, Subsidiaries to qualify, to do business as a foreign corporation in any jurisdiction where the failure to do so would have a material adverse effect on the business, condition (financial or other), assets, properties or operations of the CompanyMaterial Adverse Effect. The Company shall at all times own of record and beneficially, free and clear of all liens, charges, restrictions, claims and encumbrances of any nature, all of the issued and outstanding capital stock of each of its wholly-owned Subsidiaries.