Common use of Maintenance of Existence, etc Clause in Contracts

Maintenance of Existence, etc. (a) The Borrower shall preserve and maintain (i) its legal existence as a Delaware limited liability company and (ii) all of its material licenses, rights, privileges and franchises necessary for the Development.

Appears in 6 contracts

Samples: Common Terms Agreement (Cheniere Energy, Inc.), Common Terms Agreement (Sabine Pass Liquefaction, LLC), Common Terms Agreement (Cheniere Energy Partners, L.P.)

AutoNDA by SimpleDocs

Maintenance of Existence, etc. (a) The Borrower shall preserve and maintain (i) its legal existence as a Delaware limited liability company partnership and (ii) all of its material licenses, rights, privileges and franchises necessary for the Development.

Appears in 2 contracts

Samples: Credit Agreement (Cheniere Energy Inc), Credit Agreement (Cheniere Energy Inc)

AutoNDA by SimpleDocs

Maintenance of Existence, etc. (a) The Borrower shall preserve and maintain (i) its legal existence as a Delaware limited liability company partnership and (ii) all of its material licenses, rights, privileges and franchises necessary for the DevelopmentDevelopment except (in the case of this item (ii)) to the extent such failure to preserve and maintain could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Cheniere Energy Partners, L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!