Common use of Maintenance of Existence and Rights; Conduct of Business Clause in Contracts

Maintenance of Existence and Rights; Conduct of Business. Company will, and will cause each of its Subsidiaries to, preserve and maintain its corporate existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business, and conduct 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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Cross Timbers Oil Co), Credit Agreement (Cross Timbers Oil Co)

AutoNDA by SimpleDocs

Maintenance of Existence and Rights; Conduct of Business. Company will, and It will cause each of its Subsidiaries to, preserve and maintain its corporate existence and all of its rights, privileges privileges, licenses, permits, franchises and franchises other rights necessary or desirable in the normal conduct of its business, and conduct 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 Authoritypractices.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hypercom Corp), Security Agreement (Schuff Steel Co)

Maintenance of Existence and Rights; Conduct of Business. Except to the extent permitted according to Section 9.10 hereof, Company will, and will cause each of its Subsidiaries to, preserve and maintain its corporate or limited liability existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business, and conduct 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

Maintenance of Existence and Rights; Conduct of Business. The Company willshall, and will shall cause each of its Subsidiaries to, preserve and maintain its corporate their existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its businesstheir businesses, and conduct conduct, and cause each of its business Subsidiaries to conduct, their businesses in an orderly and efficient manner consistent with good sound business practices and in accordance with all valid regulations applicable laws and orders of any Governmental Authorityregulations.

Appears in 1 contract

Samples: Note Purchase Agreement (Prison Realty Corp)

AutoNDA by SimpleDocs

Maintenance of Existence and Rights; Conduct of Business. Company -------------------------------------------------------- will, and will cause each of its Subsidiaries to, preserve and maintain its corporate existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business, and conduct 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

Maintenance of Existence and Rights; Conduct of Business. The Company willshall, and will shall cause each other member of its Subsidiaries the Obligated Group to, preserve and maintain its corporate existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business, and conduct 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alamo Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.