Maintenance of Existence; Payment of Obligations; Compliance with Law. (a) The Borrower will, and will cause the Group Members taken as a whole to, continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its corporate existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its business, except to the extent that failure to do so would not, in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Security Agreement (Chrysler Group LLC), Lease Agreement (Chrysler Group LLC), Credit Agreement
Maintenance of Existence; Payment of Obligations; Compliance with Law. (a) The Borrower Company will, and will cause the each Group Members taken as a whole Member to, continue to engage primarily in the automotive business and preserve, renew and keep in full force and effect its corporate existence and take all reasonable actions to maintain all rights necessary for the normal conduct of its business, except to the extent that failure to do so would could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Contribution Agreement (Daimler Ag)