Common use of Existence; Franchises Clause in Contracts

Existence; Franchises. The Borrowers will, and will cause each of the Restricted Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, franchises, licenses and permits in each case to the extent material; provided, however, that nothing in this Section 9.04 shall prevent (i) sales of assets and other transactions by Lead Borrower or any of its Restricted Subsidiaries in accordance with Section 10.02, (ii) the abandonment by Lead Borrower or any of its Restricted Subsidiaries of any franchises, licenses or permits that Lead Borrower reasonably determines are no longer material to the operations of Lead Borrower and its Restricted Subsidiaries taken as a whole or (iii) the withdrawal by Lead Borrower or any of its Restricted Subsidiaries of its qualification as a foreign corporation, partnership, limited liability company or unlimited liability company, as the case may be, in any jurisdiction if such withdrawal would not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Franchises. The Borrowers Borrower will, and will cause each of the Restricted Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, franchises, licenses and permits in each case to the extent material; provided, however, that nothing in this Section 9.04 shall prevent (i) sales of assets and other transactions by Lead Borrower or any of its Restricted Subsidiaries in accordance with Section 10.02, (ii) the abandonment by Lead Borrower or any of its Restricted Subsidiaries of any franchises, licenses or permits that Lead Borrower reasonably determines are no longer material to the operations of Lead Borrower and its Restricted Subsidiaries taken as a whole or (iii) the withdrawal by Lead Borrower or any of its Restricted Subsidiaries of its qualification as a foreign corporation, partnership, limited liability company or unlimited liability companyother applicable business entity, as the case may be, in any jurisdiction if such withdrawal would not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Franchises. The Borrowers Borrower will, and will cause each of the its Restricted Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, franchises, licenses and permits in each case to the extent material; provided, however, that nothing in this Section 9.04 shall prevent (i) sales of assets and other transactions by Lead the Borrower or any of its Restricted Subsidiaries in accordance with Section 10.02, (ii) the abandonment by Lead the Borrower or any of its Restricted Subsidiaries of any franchises, licenses or permits that Lead the Borrower reasonably determines are no longer material to the operations of Lead the Borrower and its Restricted Subsidiaries taken as a whole or (iii) the withdrawal by Lead the Borrower or any of its Restricted Subsidiaries of its qualification as a foreign corporation, partnership, limited liability company or unlimited liability company, as the case may be, in any jurisdiction if such withdrawal would not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Franchises. The Borrowers Borrower will, and will cause each of the Restricted Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, franchises, licenses and permits in each case to the extent material; provided, however, that nothing in this Section 9.04 shall prevent (i) sales of assets and other transactions by Lead the Borrower or any of its Restricted Subsidiaries in accordance with Section 10.02, (ii) the abandonment by Lead the Borrower or any of its Restricted Subsidiaries of any franchises, licenses or permits that Lead the Borrower reasonably determines are no longer material to the operations of Lead the Borrower and its Restricted Subsidiaries taken as a whole or (iii) the withdrawal by Lead the Borrower or any of its Restricted Subsidiaries of its qualification as a foreign corporation, partnership, limited liability company, unlimited liability company or unlimited liability companyother applicable business entity, as the case may be, in any jurisdiction if such withdrawal would not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Existence; Franchises. The Borrowers Borrower will, and will cause each of the its Restricted Subsidiaries to, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence, franchises, licenses and permits in each case to the extent material; provided, however, that nothing in this Section 9.04 shall prevent (i) sales of assets and other transactions by Lead the Borrower or any of its Restricted Subsidiaries in accordance with Section 10.02, (ii) the abandonment by Lead the Borrower or any of its Restricted Subsidiaries of any franchises, licenses or permits that Lead the Borrower reasonably determines are no longer material to the operations of Lead the Borrower and its Restricted Subsidiaries taken as a whole or (iii) the withdrawal by Lead the Borrower or any of its Restricted Subsidiaries of its qualification as a foreign corporation, partnership, limited liability company or unlimited liability company, as the case may be, in any jurisdiction if such withdrawal would not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.. 9.05