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

Maintenance of Existence and Rights; Conduct of Business. Borrower will 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: Secured Revolving Credit Loan Agreement (Remington Oil & Gas Corp)

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Maintenance of Existence and Rights; Conduct of Business. The Borrower will shall preserve and maintain its corporate limited liability company existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its businessbusinesses, and conduct its business 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.

Appears in 1 contract

Samples: Credit Agreement (Sl Green Realty Corp)

Maintenance of Existence and Rights; Conduct of Business. Borrower will shall, and shall cause each of the other Companies to, preserve and maintain its corporate existence (except as permitted by SECTION 7.9) and all of its rights, privileges 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 (United Dental Care Inc /De/)

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Maintenance of Existence and Rights; Conduct of Business. Borrower will shall preserve and maintain its corporate existence and all of its rights, privileges 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 Legal Requirements of any Governmental Authority, a breach of which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Toreador Resources Corp)

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