Existence; Business. (a) Debtor shall take all necessary steps to preserve its existence and its right to conduct business in all states in which the nature of its business or ownership of its property requires such qualification. (b) Debtor shall engage only in the operation of convenience stores, truck stops, and the retail sale of motor fuel; the operation of fuel terminals, including the processing of commingled products and storage and delivery of fuel for third parties; the wholesale distribution of motor fuel; and activities ancillary to the foregoing.
Appears in 3 contracts
Sources: Loan and Security Agreement (FFP Marketing Co Inc), Loan and Security Agreement (FFP Partners L P), Loan and Security Agreement (FFP Partners L P)