Common use of Maintenance of Existence, etc Clause in Contracts

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

Appears in 8 contracts

Samples: Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.), Loan and Security Agreement (Mammoth Energy Services, Inc.)

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Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

Appears in 3 contracts

Samples: Term B Guaranty and Collateral Agreement (Sei Investments Co), Guaranty and Collateral Agreement (Sei Investments Co), Guaranty Agreement (American Railcar Industries, Inc./De)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions except in those instances in which the failure to be qualified or in good standing could does not reasonably be expected to have a Material Adverse Effect).

Appears in 3 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc), Credit Agreement (Loews Cineplex Entertainment Corp)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) (a) its existence and good standing (or equivalent) in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

Appears in 2 contracts

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Loan and Security Agreement (Therapeutics Acquisition Corp.)

Maintenance of Existence, etc. Maintain and preserve (subject Subject to Section 11.5) 8.04, maintain and preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing would not have or could not reasonably be expected to have a Material Adverse Effect).

Appears in 2 contracts

Samples: Credit Agreement (Kid Brands, Inc), Credit Agreement (Kid Brands, Inc)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) (a) its existence and good standing in the jurisdiction of its organization incorporation and (b) its qualification to do business and good standing as a foreign corporation in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions except in those instances in which the failure to be qualified or in good standing could would not be reasonably be expected likely to have result in a Material Adverse Effect).

Appears in 1 contract

Samples: Guaranty (Hollinger International Inc)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.510.4) (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could would not reasonably be expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Credit Agreement (Greenlight Capital Re, Ltd.)

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Maintenance of Existence, etc. Maintain and preserve preserve, and (subject to Section 11.58.7) cause each of its Subsidiaries to maintain and preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its foreign qualification to do business and good standing in each other jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions except in those instances in which the failure to be qualified or in good standing could will not reasonably be expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Term Loan Agreement (Apw LTD)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing would not have or could not reasonably be expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Maintenance of Existence, etc. Maintain and preserve (subject to Section 11.5) preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions except in those instances in which the failure to be qualified or in good standing could does not reasonably be expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Credit Agreement (Clarion Technologies Inc/De/)

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