Common use of Disaggregation Clause in Contracts

Disaggregation. (i) Except as permitted by Section 7.02(b) hereof, preserve and maintain its existence, corporate or otherwise, material rights (statutory and otherwise) and franchises except where the failure to maintain and preserve such rights and franchises would not materially adversely affect the financial condition, properties, prospects or operations of such Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities System)

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Disaggregation. (i) Except as permitted by Section 7.02(b) hereof, preserve and maintain maintain, and cause each of its Principal Subsidiaries to preserve and maintain, its existence, corporate or otherwise, material rights (statutory and otherwise) and franchises except where the failure to maintain and preserve such rights and franchises would not materially adversely affect the financial condition, properties, prospects or operations of such BorrowerBorrower or any of its Principal Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Northeast Utilities System), Collateral Agency Agreement (Northeast Utilities System), Credit Agreement (Northeast Utilities)

Disaggregation. (i) Except as permitted by Section 7.02(b) hereof, preserve and maintain maintain, and cause each of its Principal Subsidiaries to preserve and maintain, its existence, corporate or otherwise, material rights (statutory and otherwise) and franchises except where the failure to maintain and preserve such rights and franchises would not materially adversely affect the financial condition, properties, prospects or operations of such BorrowerCovered Person or any of its Principal Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Northeast Utilities System)

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Disaggregation. (i) Except as permitted by Section 7.02(b) hereof, preserve and maintain its existence, corporate or otherwise, material rights (statutory and otherwise) and franchises except where the failure to maintain and preserve such rights and franchises would not materially adversely affect the financial condition, properties, prospects or operations of such Borrower.

Appears in 1 contract

Samples: Credit Agreement (Northeast Utilities System)

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