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

Maintenance of Existence; Conduct of Business. The Parent will, and will cause each of the Subsidiaries to, preserve and maintain (i) its existence (except as permitted by Section 11.3) and (ii) all of its privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 5 contracts

Samples: Credit Agreement (Tufco Technologies Inc), Credit Agreement (Tufco Technologies Inc), Credit Agreement (Tufco Technologies Inc)

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Maintenance of Existence; Conduct of Business. The Except as otherwise permitted by Section 9.3, Parent will, and will cause each of the Subsidiaries Subsidiary to, preserve and maintain (i) its corporate existence (except as permitted by Section 11.3) and (ii) all of its leases, privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Credit Agreement (Marketing Specialists Corp)

Maintenance of Existence; Conduct of Business. The Except as permitted by Section 11.3, Parent will, and will cause each Subsidiary of the Subsidiaries Parent to, preserve and maintain (i) its corporate existence (except as permitted by Section 11.3) and (ii) all of its leases, privileges, licenses, permitsPermits, franchises, qualifications, and rights that are reasonably necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each Subsidiary of the Subsidiaries Parent to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Credit Agreement (Intervoice Inc)

Maintenance of Existence; Conduct of Business. The Parent will, and will cause each of the Subsidiaries to, preserve and maintain (i) its existence (except as permitted by Section 11.3) and (ii) all of its privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Security Agreement (Tufco Technologies Inc)

Maintenance of Existence; Conduct of Business. The Except as permitted by Section 8.2, the Parent will, and will cause each Subsidiary of the Subsidiaries Parent to, preserve and maintain (ia) its corporate existence (except as permitted by Section 11.3) and (iib) all of its leases, privileges, licenses, permitsPermits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each Subsidiary of the Subsidiaries Parent to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Guaranty Agreement (Williams Sonoma Inc)

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Maintenance of Existence; Conduct of Business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, preserve and maintain (i) its existence (except as permitted by Section 11.310.3) and (ii) all of its privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Credit Agreement (Horizon Health Corp /De/)

Maintenance of Existence; Conduct of Business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, preserve and maintain (ia) its existence (except as permitted by Section 11.310.3) and (iib) all of its privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Credit Agreement (Horizon Health Corp /De/)

Maintenance of Existence; Conduct of Business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, preserve and maintain (ia) its existence (except as permitted by Section 11.39.3) and (iib) all of its privileges, licenses, permits, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business. The Parent will, and will cause each of the Subsidiaries Subsidiary to, conduct its business in an orderly and efficient manner in accordance with good business practices.

Appears in 1 contract

Samples: Credit Agreement (Horizon Health Corp /De/)

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