Maintenance of Existence, Qualification and Assets. Borrower shall at all times (i) maintain its legal existence, (ii) maintain its qualification to transact business and good standing in any state and in any jurisdiction where it conducts business in connection with the Resorts, and (iii) comply or cause compliance with all governmental laws, rules, regulations and ordinances applicable to the Resorts, Borrower or its business, including, without limitation, the Timeshare Act.
Maintenance of Existence, Qualification and Assets. Borrower shall at all times (a) maintain its legal existence in current active status, (b) maintain its qualifications to transact business and good standing in the State of Delaware and in any jurisdiction where it conducts business, and (c) comply or cause compliance with all Applicable Laws except where the failure to comply would not result in a Material Adverse Effect.
Maintenance of Existence, Qualification and Assets. Borrower, the Resort Manager, the Club Manager and the DRC Affiliates shall (a) maintain their respective legal existence, and (b) maintain their qualification, where required, to transact business and good standing in the state of their respective formation and in any other jurisdiction where any of them conduct business in connection with the Resorts and the Club.
Maintenance of Existence, Qualification and Assets. Borrower shall at all times (i) maintain its legal existence; (ii) maintain its qualification, where required, to transact business and good standing in the State of Rhode Island and in any other jurisdiction in which it conducts business; and (iii) comply or cause its compliance with all Applicable Laws.
Maintenance of Existence, Qualification and Assets. The Company shall at all times maintain its legal existence, maintain its qualification, where required, to transact business and good standing in the State of Texas and each Resort State and in any other jurisdiction where it conducts business in connection with the Resorts, and comply or cause compliance with all governmental laws, rules, regulations and ordinances applicable to the Resorts or the Encumbered Timeshares, the Company or its business, including, without limitation, the Timeshare Act and all other applicable timeshare and consumer protection acts and regulations.
Maintenance of Existence, Qualification and Assets. Borrower and each Operating Subsidiary shall at all times maintain, and, with respect to Borrower, cause each Consolidated Subsidiary to maintain, (i) its legal existence (except as otherwise required or permitted by Section 6.2(m) with respect to Consolidated Subsidiaries other than Operating Subsidiaries), (ii) its qualification to transact business and good standing in all jurisdictions where the nature of its Assets
Maintenance of Existence, Qualification and Assets. Borrower shall at all times (i) maintain its legal existence; (ii) maintain its qualification, where required, to transact business and good standing in the State of Texas and in any other jurisdiction in which it conducts business; and (iii) comply or cause its compliance with all Applicable Laws.
Maintenance of Existence, Qualification and Assets. At all times (i) maintain its legal existence; and (ii) maintain its qualification, where required, to transact business and good standing in the State of Maryland; and in any other jurisdiction in which it conducts business, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change.
Maintenance of Existence, Qualification and Assets. Borrower --------------------------------------------------- shall at all times (i) maintain its legal existence, (ii) maintain its qualification to transact business and good standing in the State of Nevada (as to Preferred Equities Corporation) and in the State of Colorado (as to Colorado Land and Grazing Corp.), and (iii) comply with all governmental laws, rules, regulations and ordinances applicable to Borrower or its business, including, without limitation, the Lot Sales Acts.
Maintenance of Existence, Qualification and Assets. SPV shall at all times (i) maintain its legal existence, (ii) maintain its qualification, where required, to transact business and good standing in Delaware and each Resort State, and in any other jurisdiction where it conducts business in connection with the Resorts, and (iii) comply or cause compliance with all governmental laws, rules, regulations and ordinances applicable to SPV, the Resorts or its business, including without limitation the Timeshare Act and all other applicable time share and consumer protection acts and regulations.
