Maintenance of Existence and Rights; Conduct of Business. Subject to Section 6.13, Borrower shall, and shall cause its operating Subsidiaries to, preserve and maintain their respective corporate existence and all of their respective material rights and privileges necessary in the normal conduct of their respective businesses, and to conduct their respective businesses in an orderly and efficient manner consistent with good business practices and in accordance with all valid regulations and orders of any Governmental Authority. Borrower shall keep its principal place of business within the United States.
Appears in 8 contracts
Samples: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Cover All Technologies Inc), Convertible Loan Agreement (Freepcsquote Com)
Maintenance of Existence and Rights; Conduct of Business. Subject to Section 6.13, (a) Borrower shall, and shall cause its operating Subsidiaries (if any) to, preserve and maintain their respective its corporate existence and all of their respective material rights its rights, privileges and privileges franchises necessary or desirable in the normal conduct of their respective businessesits business, and to conduct their respective businesses its business in an orderly and efficient manner consistent with good business practices and in accordance with all valid regulations and orders of any Governmental Authority. Borrower shall keep its principal place of business within the United States.
Appears in 2 contracts
Samples: Convertible Loan Agreement (Jakks Pacific Inc), Convertible Loan Agreement (Integrated Security Systems Inc)
Maintenance of Existence and Rights; Conduct of Business. Subject to Section 6.13, Borrower shall, and shall cause its operating Subsidiaries to, preserve and maintain their respective corporate existence and all of their respective material rights and privileges necessary in the normal conduct of their respective businesses, and to conduct their respective businesses in an orderly and efficient manner consistent with good business practices and in accordance with all valid regulations and orders of any Governmental Authority. Borrower shall keep its principal place of business within the United States.
Appears in 2 contracts
Samples: Convertible Loan Agreement (Caminosoft Corp), Convertible Loan Agreement (Caminosoft Corp)