Common use of Corporate Franchises; Conduct of Business Clause in Contracts

Corporate Franchises; Conduct of Business. (a) Borrower and the Company shall do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and good standing in the State of its organization and in each state in which a Property is located, and its respective franchises, licenses, permits, certificates, authorizations, qualifications, accreditations, easements, rights of way and other rights, consents and approvals, except where the failure to so preserve any of the foregoing (other than existence and good standing) could not, individually or in the aggregate, result in a Material Adverse Effect.

Corporate Franchises; Conduct of Business. (ai) Borrower The Company and the Company Other Guarantors shall do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and good standing in the State of its organization and in each state in which a Real Property Asset is located, and its respective franchises, licenses, permits, certificates, authorizations, qualifications, accreditations, easements, rights of way and other rights, consents and approvals, except where the failure to so preserve any of the foregoing (other than existence and good standing) could not, individually or in the aggregate, result in a Material Adverse Effect.

Corporate Franchises; Conduct of Business. (ai) Borrower and the Company shall do or cause to be done, done all things necessary to preserve and keep in full force and effect its (A) corporate existence and its good standing in the State of its organization and in each state States in which a Property it is located, incorporated; and (B) its respective franchises, licenses, permits, certificates, authorizations, qualifications, accreditations, easements, rights of way and other rights, consents and approvals, except where the failure to so preserve any of the foregoing (other than existence and good standing) could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.