Common use of Maintenance of Corporate Separateness Clause in Contracts

Maintenance of Corporate Separateness. The Company will, and will cause each of its Subsidiaries to, satisfy customary corporate formalities, including the holding of regular board of directors’ and shareholders’ meetings and the maintenance of corporate offices and records and take all actions reasonably necessary to maintain their corporate separateness.

Appears in 4 contracts

Samples: Credit Agreement (Ferro Corp), Credit Agreement (Ferro Corp), Original       Extended (Ferro Corp)

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Maintenance of Corporate Separateness. The Company will, and will cause each of its Subsidiaries to, satisfy customary corporate formalities, including the holding of regular board of directors’ and shareholders’ meetings and the maintenance of corporate offices and records and take records, in each case, in all actions material respect to the extent reasonably necessary to maintain their corporate separateness.

Appears in 3 contracts

Samples: Credit Agreement (Ferro Corp), Pledge and Security Agreement (Ferro Corp), Credit Agreement (Ferro Corp)

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