Common use of Maintenance and Compliance, etc Clause in Contracts

Maintenance and Compliance, etc. The Company will and will cause each of its Subsidiaries to (i) except as permitted by Section 5.04(c) and except with respect to Unrestricted Subsidiaries, preserve and maintain its corporate existence, and (ii) except where failure to do so could not reasonably be expected to have a Material Adverse Effect, observe and comply with all Governmental Requirements.

Appears in 1 contract

Samples: Credit Agreement (Sterling Chemical Inc)

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Maintenance and Compliance, etc. The Company will and will cause each of its Subsidiaries to (i) except as permitted by Section 5.04(c) and except with respect to Unrestricted Subsidiaries), preserve and maintain its corporate existence, and (ii) except where failure to do so could not reasonably be expected to have a Material Adverse Effect, observe and comply with all Governmental Requirements.

Appears in 1 contract

Samples: Credit Agreement (Sterling Chemical Inc)

Maintenance and Compliance, etc. The Company will and will cause each of its Subsidiaries to (i) except as permitted by Section 5.04(c) and except with respect to Unrestricted Subsidiaries5.03(c), preserve and maintain its corporate partnership or corporate, as the case may be, existence, rights and franchises, and (ii) observe and comply in all material respects with all Governmental Requirements, except where failure to do so could not reasonably be expected to have a Material Adverse Effect, observe and comply with all Governmental Requirements.

Appears in 1 contract

Samples: Credit Agreement (Titan Exploration Inc)

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Maintenance and Compliance, etc. The Company will and will cause ------------------------------- each of its Restricted Subsidiaries to (i) except as permitted by Section 5.04(c) and except with respect to Unrestricted Subsidiaries5.03(c), preserve and maintain its corporate corporate, limited liability company or partnership, as the case may be, existence, rights and franchises, and (ii) observe and comply in all material respects with all Governmental Requirements, except where failure to do so could not reasonably be expected to have a Material Adverse Effect, observe and comply with all Governmental Requirements.

Appears in 1 contract

Samples: Credit Agreement (Titan Exploration Inc)

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