Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its legal existence, good standing, rights and franchises.
Appears in 5 contracts
Samples: Credit Agreement (Adcare Health Systems, Inc), Credit Agreement (Prospect Medical Holdings Inc), Loan and Security Agreement (Healthessentials Solutions Inc)
Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its legal existence, good standing, rights and franchises, except as permitted to do otherwise pursuant to Section 7.1 hereof.
Appears in 2 contracts
Samples: Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp)
Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its legal existence, good standing, rights and franchises.
Appears in 1 contract
Samples: Loan and Security Agreement (Point Therapeutics Inc)
Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its and each of its Subsidiaries’ legal existence, good standing, rights and franchises, except as permitted to do otherwise pursuant to Section 7.1 hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Providence Service Corp)
Existence and Rights. Each Borrower shall do (do, or cause to be done) , all things necessary to preserve and keep in full force and effect affect its legal existence, good standing, rights standing and franchisesrights.
Appears in 1 contract
Samples: Security Agreement (Growlife, Inc.)
Existence and Rights. Each Borrower shall do (or cause to be done) all things necessary to preserve and keep in full force and effect its legal existence, good standing, rights and franchisesfranchises except as otherwise permitted by Section 7.01.
Appears in 1 contract
Samples: Credit Agreement (Enzo Biochem Inc)
