Common use of Legal Existence, Etc Clause in Contracts

Legal Existence, Etc. The Company will preserve and keep in force and effect, and will cause each Material Subsidiary to preserve and keep in force and effect, its legal existence as a limited partnership, general partnership or as a corporation, as the case may be, and all licenses and permits necessary to the proper conduct of its business, provided that the foregoing shall not prevent (x) any transaction permitted by Section 6.14 (including without limitation the Reorganization), (y) the merger or consolidation of any Eligible Subsidiary with, or the liquidation of any Eligible Subsidiary into, any other Eligible Subsidiary or, subject to Section 6.14, the Company or (z) the merger or consolidation of any other Material Subsidiary with or the liquidation of any other Material Subsidiary into any other Subsidiary or, subject to Section 6.14, the Company.

Legal Existence, Etc. The Company will preserve and keep in force and effect, and will cause each Material Subsidiary to preserve and keep in force and effect, its legal existence as a limited partnership, general partnership partnership, limited liability company or as a corporation, as the case may be, and all licenses and permits necessary to the proper conduct of its business, provided that the foregoing shall not prevent (x) any transaction permitted by Section 6.14 (including without limitation the Reorganization)6.14, (y) the merger or consolidation of any Eligible Subsidiary with, or the liquidation of any Eligible Subsidiary into, any other Eligible Subsidiary or, subject to Section 6.14, the Company or (z) the merger or consolidation of any other Material Subsidiary with or the liquidation of any other Material Subsidiary into any other Subsidiary or, subject to Section 6.14, the Company.

Legal Existence, Etc. The Company will preserve and keep in force and effect, and will cause each Material Subsidiary to preserve and keep in force and effect, its legal existence as a limited partnership, general partnership partnership, limited liability company or as a corporation, as the case may be, and all licenses and permits necessary to the proper conduct of its business, provided PROVIDED that the foregoing shall not prevent (x) any transaction permitted by Section 6.14 (including without limitation the Reorganization)6.14, (y) the merger or consolidation of any Eligible Subsidiary with, or the liquidation of any Eligible Subsidiary into, any other Eligible Subsidiary or, subject to Section 6.14, 52 the Company or (z) the merger or consolidation of any other Material Subsidiary with or the liquidation of any other Material Subsidiary into any other Subsidiary or, subject to Section 6.14, the Company.