Corporate Existence, Properties. Each Guarantor covenants that it will at all times preserve and maintain its corporate existence and any rights and franchises material to its business and maintain in good repair, working order and condition (ordinary wear and tear excepted), all of the material properties useful or necessary to its business, and from time to time such Guarantor will make or cause to be made all appropriate repairs, renewals and replacements thereto.
Corporate Existence, Properties. Borrower will maintain, (a) its corporate existence, its qualification to do business and its good standing in each jurisdiction in which qualification is necessary for the proper conduct of its businesses, (b) all licenses, permits and other authorizations necessary for the ownership and operation of its properties and businesses, and (c) its properties in good repair, working order and condition and to make all necessary or appropriate repairs, renewals, replacements and substitutions, so that the efficiency of all such property shall at all times be properly preserved and maintained.
Corporate Existence, Properties. Borrowers will (a) 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 comply with all laws applicable to it; (b) maintain, preserve and protect all franchises, licenses and trade names and preserve all the remainder of its property used or useful in the conduct of its business; and (c) maintain in effect insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as shall be consistent with prudent business practices in the industry and furnish to Agent from time to time, upon their request therefor, evidence of same.
Corporate Existence, Properties. The Borrower shall, and shall cause each of its Subsidiaries to, do or cause to be done all things necessary to:
(a) preserve and keep in full force and effect its legal existence;
(b) remain or become a corporation qualified to engage in business in good standing in all jurisdictions in which the character of its properties or the transaction of its business make such qualification necessary;
(c) maintain, preserve and protect all permits, rights and privileges necessary for the proper conduct of its business and all franchises, licenses, patents, trade names, trademarks and copyrights owned by or licensed to it that are necessary or desirable in the normal conduct of its business;
(d) ensure that all property used or useful in the conduct of its business is maintained and kept in good repair, working order and condition, and from time to time take all reasonable action to make, or cause to be made, all needful and proper repairs, renewals, replacements, betterments and improvements thereto so that, in the reasonable judgment of the Borrower or such Subsidiary, the business carried on in connection therewith may be properly and advantageously conducted at all times.
Corporate Existence, Properties. Each Obligor will continue to conduct its business as presently conducted; 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 will comply with all laws applicable thereto; will maintain all licenses, patents and other rights necessary for the operation of its business; will at all times maintain, preserve and protect all franchises, patents, trademarks, trade names and water rights and will preserve all of the remainder of its Property used or useful in the conduct of its business and will keep the same in good condition and repair (normal wear and tear and obsolescence excepted), and from time to time will reasonably make, or cause to be made, all needful and proper repairs, renewals, replacements, betterments and improvements thereto, and will pay or cause to be paid, except when the same may be contested in good faith, all rent due on premises where any Property is held or may be held, so that the business carried on in connection therewith may be continuously conducted.
Corporate Existence, Properties. The Company will, and will cause ------------------------------- each of its Subsidiaries to, maintain, preserve and renew its corporate existence in good standing and to comply with all applicable laws and regulations of the United States or of any state or states thereof or of any political subdivision thereof and of any Governmental Body where, in any such case, the failure to so comply is reasonably likely to have a material adverse effect on the Business and Condition of the Company. The Company will, and will cause each of its Subsidiaries to, maintain, preserve and renew all of its Permits and take all action reasonably necessary or material to obtain, preserve, defend, renew and extend all Permits and Proprietary Rights (including, without limitation, the Requisite Rights) which are necessary or material to the conduct of the business.
Corporate Existence, Properties. (a) Preserve and maintain in full force and effect all governmental rights, privileges, qualifications, permits, licenses and franchises necessary or desirable in the normal conduct of its business except (i)(A) if in the reasonable business judgment of the Borrower or Guarantor, as the case may be, it is in its best economic interest not to preserve and maintain such rights, privileges, qualifications, permits, licenses and franchises, and (B) such failure to preserve the same could not, in the aggregate, reasonably be expected to have a material adverse effect on the operations, business, properties, assets, prospects or condition (financial or otherwise) of the Borrower and the Guarantors, taken as a whole, and (ii) as otherwise permitted in connection with sales of assets permitted by Section 6.11.
(b) Keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted.
Corporate Existence, Properties. (a) Maintain its corporate existence; (b) comply in all material respects with all applicable Laws;
Corporate Existence, Properties. (a) Maintain its corporate existence; (b) maintain all assets (other than assets no longer used or useful in the conduct of its business) in good repair, working order and condition, ordinary wear and tear excepted; (c) maintain accurate records and books of account in accordance with GAAP consistently applied throughout all accounting periods; and (d) maintain insurance of such nature and in such amounts as is customarily maintained by companies engaged in the same or similar business, including but not limited to hazard, general liability and workers' compensation insurance.
Corporate Existence, Properties. 75 9.13 Guarantor Acknowledgment........................................ 75
