Common use of Maintenance of Existence and Rights Clause in Contracts

Maintenance of Existence and Rights. Each Borrower shall preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in a Material Adverse Effect.

Appears in 19 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 4, Inc.)

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Maintenance of Existence and Rights. Each Such Borrower shall preserve and maintain its existence. Each Such Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Owl Rock Capital Corp III), Revolving Credit Agreement (NMF SLF I, Inc.), Revolving Credit Agreement (Owl Rock Technology Finance Corp.)

Maintenance of Existence and Rights. Each of Borrower, each Qualified Borrower shall and Guarantor will preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amb Property Lp), Revolving Credit Agreement (Amb Property Corp)

Maintenance of Existence and Rights. Each Borrower shall preserve and maintain its existence. Each Borrower The Borrower, shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.), Revolving Credit Agreement (Lafayette Square Empire BDC, Inc.)

Maintenance of Existence and Rights. Each The Borrower shall preserve and maintain its existence. Each The Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.)

Maintenance of Existence and Rights. Each Borrower shall will preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in would have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Municipal Mortgage & Equity LLC)

Maintenance of Existence and Rights. Each The Borrower shall preserve and maintain its existence. Each Borrower The Borrower, shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)

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Maintenance of Existence and Rights. Each Borrower shall will preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in to the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

Maintenance of Existence and Rights. Each Borrower shall preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in a Material Adverse Effect. 8.4 [Reserved.] 8.5

Appears in 1 contract

Samples: Revolving Credit Agreement (TCG BDC II, Inc.)

Maintenance of Existence and Rights. Each Borrower shall will preserve and maintain its existence. Each The Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure of which could reasonably be expected to result in constitutes a Material Adverse EffectEvent.

Appears in 1 contract

Samples: Gramercy Capital Corp

Maintenance of Existence and Rights. Each Borrower shall will preserve and maintain its existence. Each Borrower shall further preserve and maintain all of its rights, privileges, and franchises necessary in the normal conduct of its business and in accordance with all valid regulations and orders of any Governmental Authority the failure to preserve or to maintain of which could reasonably be expected to result in would have a Material Adverse Effect. Borrower will not change its country of incorporation during the term hereof without the prior written consent of Administrative Agent.

Appears in 1 contract

Samples: Term Loan Agreement (WhiteHorse Finance, LLC)

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