Maintenance of Business; Existence. The Company shall continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its organizational existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its principal line of business, except, in each case, (i) to the extent that failure to do so would not have a Material Adverse Effect and (ii) as otherwise permitted or provided in the Loan Documents.
Appears in 17 contracts
Samples: 364 Day Revolving Credit Agreement (General Motors Financial Company, Inc.), 364 Day Delayed Draw Term Loan Credit Agreement (General Motors Co), 364 Day Revolving Credit Agreement (General Motors Co)
Maintenance of Business; Existence. The Company shall will continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its organizational corporate existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its principal line of business, except, in each case, (i) except to the extent that failure to do so would not have a Material Adverse Effect and (ii) as otherwise permitted or provided in the Loan DocumentsEffect.
Appears in 12 contracts
Samples: 364 Day Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co)
Maintenance of Business; Existence. The Company shall continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its 509265-1725-14038-Active.16362140 organizational existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its principal line of business, except, in each case, (i) to the extent that failure to do so would not have a Material Adverse Effect and (ii) as otherwise permitted or provided in the Loan Documents.
Appears in 1 contract
Samples: 5 Year Revolving Credit Agreement (General Motors Co)
Maintenance of Business; Existence. The Company shall continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its organizational existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its 509265-1725-08888-13316466 76 principal line of business, except, in each case, (i) to the extent that failure to do so would not have a Material Adverse Effect and (ii) as otherwise permitted or provided in the Loan Documents.
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