Common use of Maintenance of Existence and Rights Clause in Contracts

Maintenance of Existence and Rights. Borrower will preserve and maintain its corporate existence, authorities to transact business, rights and franchises, trade names, patents, trademarks and permits necessary to the conduct of its business.

Appears in 7 contracts

Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Loan Credit Agreement (Farrel Corp)

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Maintenance of Existence and Rights. The Borrower will shall preserve and maintain its their corporate existence, authorities authority to transact business, rights and franchises, trade names, patents, copyrights, trademarks and permits material and necessary to the conduct of its business.

Appears in 3 contracts

Samples: Loan, Pledge and Security Agreement, Loan, Pledge and Security Agreement (Softech Inc), Loan, Pledge and Security Agreement (Softech Inc)

Maintenance of Existence and Rights. Borrower will shall preserve and maintain its corporate existence, authorities to transact business, rights and franchises, trade names, patents, trademarks and permits necessary to the conduct of its business, except in connection with a transaction not otherwise prohibited hereunder, and except to the extent that the failure to preserve and maintain the foregoing would not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)

Maintenance of Existence and Rights. Borrower will preserve and ----------------------------------- maintain its corporate existence, authorities to transact business, rights and franchises, trade names, patents, trademarks and permits necessary to the conduct of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)

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Maintenance of Existence and Rights. The Borrower will shall preserve and maintain its corporate existence, authorities authority to transact business, rights and franchises, trade names, patents, copy rights, trademarks and permits material and necessary to the conduct of its business.

Appears in 1 contract

Samples: Loan, Pledge and Security Agreement (Softech Inc)

Maintenance of Existence and Rights. Borrower will shall preserve and maintain its corporate existence, authorities authority to transact business, rights and franchises, trade names, patents, trademarks and permits material and necessary to the conduct of its business.

Appears in 1 contract

Samples: Secured Promissory Note (Solomon Technologies Inc)

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