Common use of General Business Operations Clause in Contracts

General Business Operations. To the extent failure to do so could reasonably be expected to have a Material Adverse Effect, such Subsidiary Guarantor and its Subsidiaries shall (i) maintain its corporate existence and all rights, privileges and franchises necessary for the conduct of its business and (ii) comply with any material judgment, order, writ, decree, statute, rule or regulation applicable to such Person and any material mortgage, indenture, agreement, instrument or contract to which such Person is a party or by which it is bound.

Appears in 3 contracts

Samples: Subsidiary Guaranty (Columbia Capital LLC), Subsidiary Guaranty (DSL Net Inc), Subsidiary Guaranty (Vantagepoint Venture Partners 1996)

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General Business Operations. To the extent failure to do so could reasonably be expected to have a Material Adverse Effect, such Subsidiary Guarantor and its Subsidiaries shall (i) maintain its corporate existence and all rights, privileges and franchises necessary for the conduct of its business and (ii) comply with any material judgment, order, writ, decree, statute, rule or regulation all Requirements of Law and Contractual Obligations applicable to such Person and any material mortgage, indenture, agreement, instrument or contract to which such Person is a party or by which it is boundit.

Appears in 2 contracts

Samples: Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories)

General Business Operations. To the extent failure to do so could reasonably be expected to have a Material Adverse Effect, such Subsidiary Guarantor and its Subsidiaries shall (i) maintain its corporate existence and all rights, privileges and franchises necessary for the conduct of its business and (ii) comply with any material judgment, order, writ, decree, statute, rule or regulation applicable to such Person and any material mortgage, indenture, agreement, instrument or contract to which such Person is a party or by which it is bound.

Appears in 1 contract

Samples: Guaranty (Chadmoore Wireless Group Inc)

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General Business Operations. To the extent failure to do so could reasonably be expected to have a Material Adverse Effect, such Subsidiary Guarantor and its Subsidiaries shall (i) maintain its corporate existence and all rights, privileges and franchises necessary for the conduct of its business and (ii) comply with any material judgment, order, writ, decree, statute, rule or regulation applicable to such Person and any material mortgage, indenture, agreement, instrument or contract to which such Person is a party or by which it is bound.

Appears in 1 contract

Samples: Guarantee Agreement (DSL Net Inc)

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