Maintenance of Existence and Property. (a) Preserve, renew, and maintain in full force and effect each Obligor’s and its Subsidiaries’ respective corporate or organizational existence and (b) take all reasonable action to maintain all rights, privileges, and franchises necessary or desirable in the normal conduct of such Obligor’s and its Subsidiaries’ respective business, except, in each case, where the failure to do so would not reasonably be expected to have a Material Adverse Effect. Maintain and preserve all of such Obligor’s and its Subsidiaries’ respective property useful and necessary in their respective business in good working order and condition, ordinary wear and tear and casualty events excepted.
Maintenance of Existence and Property. (a) Preserve, renew, and maintain in full force and effect the Company’s and its Subsidiaries’ respective corporate or organizational existence and (b) take all reasonable action to maintain all rights, privileges, and franchises necessary or desirable in the normal conduct of the Company’s and its Subsidiaries’ respective business, and (c) preserve all of the Company’s and its Subsidiaries’ respective property useful and necessary in their respective business in good working order and condition (ordinary wear and tear and casualty events excepted), except, in each case, where the failure to do so would not reasonably be expected to have a Material Adverse Effect.
Maintenance of Existence and Property. Borrower shall preserve and maintain its existence and all rights, privileges and franchises necessary in the normal conduct of its business. In all dealings with the public, Borrower shall identify itself under its own name and as a separate and distinct entity.
Maintenance of Existence and Property.
(a) Each Clean Line Party shall preserve and maintain (i) its legal existence as a limited liability company and (ii) all of its licenses, rights, privileges and franchises material to the conduct of its business and the Project.
(b) Each Clean Line Party shall engage only in the business consistent with the Transaction Documents and the Project Financing Documents to which it is a party and any business reasonably incidental or related thereto (including with respect to the Other Facilities).
(c) Each Clean Line Entity shall (i) keep (or cause to be kept) all its Properties (including with respect to the Project) in good working order and condition to the extent necessary to ensure that its business can be conducted properly at all times and
Maintenance of Existence and Property. Grantor shall:
(a) at all times do or cause to be done all things necessary to maintain its corporate or other entity existence and to obtain and, once obtained, maintain all Authorizations necessary to carry on its business and own its assets in the State of Idaho and each other jurisdiction in which it carries on business or in which its assets are located;
(b) at all times do or cause to be done all things necessary to maintain the Real Property in good standing, including paying or causing to be paid all Taxes owing in respect of the Project Assets, performing or causing to be performed all required assessment work thereon, paying or causing to be paid all maintenance fees and other amounts owing in respect of the Project Assets, paying or causing to be paid all rents and other payments in respect of leased properties forming a part thereof and otherwise maintaining the Real Property in accordance with Applicable Laws;
(c) not cause or allow to be registered or otherwise permit to exist any Encumbrance on the Project Assets, other than a Permitted Encumbrance; and
(d) upon Grantor entering into any Permitted Secured Debt, shall cause the lender(s) or counterparties, as applicable, to deliver to Holder a letter addressed to Holder which acknowledges the intention and agreement between the Parties that the Royalty constitutes a real property interest in the Real Property and a covenant running with the land and burdening the Real Property.
Maintenance of Existence and Property. The Borrower will, and will cause each of its Subsidiaries to (a) preserve and maintain its corporate existence and (b) maintain all of its property used or useful in its business in good working order and condition, ordinary wear and tear excepted, except to the extent such failure to maintain such property could not reasonably be expected to have a Material Adverse Effect.
Maintenance of Existence and Property
