Maintenance of Existence, Rights, Etc. The Borrower and each Subsidiary Guarantor will preserve, renew and keep in full force and effect its existence and its rights, privileges, licenses and franchises necessary or desirable in the normal conduct of business; provided that nothing in this Section shall prohibit (a) any transaction permitted by Section 7.03(a), (b) the loss of any rights, privileges, licenses and franchises if the loss thereof, in the aggregate, could not reasonably be expected to have a Material Adverse Effect or (c) the Borrower or any Subsidiary Guarantor from changing its name so long as the Borrower or such Subsidiary Guarantor, as the case may be, complies with the requirements of the Security Agreement in connection with such name change.
Maintenance of Existence, Rights, Etc. (a) The Borrower will preserve, renew and keep in full force and effect its, and will cause each of its Restricted Subsidiaries to preserve, renew and keep in full force and effect their, respective corporate or partnership existence and its and their respective rights, privileges and franchises necessary or desirable in the normal conduct of business, except when failure to do so could not be reasonably expected to have a Material Adverse Effect; provided that nothing in this Section 5.05 shall prohibit (i) a transaction permitted under Section 6.02 or (ii) the termination of the corporate or partnership existence of any Restricted Subsidiary (other than FMC Technologies B.V.) if the Borrower in good faith determines that such termination is in the best interest of the Borrower and could not be reasonably expected to have a Material Adverse Effect.
Maintenance of Existence, Rights, Etc. (a) The Borrower will preserve, renew and keep in full force and effect, and will cause each of its Restricted Subsidiaries to preserve, renew and keep in full force and effect their respective corporate or partnership existence and their respective rights, privileges and franchises necessary or desirable in the normal conduct of business, except when failure to do so would not have a Material Adverse Effect; provided that nothing in this Section 6.05 shall prohibit (i) a transaction permitted under Section 7.02 or (ii) the termination of the corporate or partnership existence of any Restricted Subsidiary if the Borrower in good faith determines that such termination is in the best interest of the Borrower and would not have a Material Adverse Effect.
Maintenance of Existence, Rights, Etc. (a) Subject to Section 5.07, the Borrower will preserve, renew and keep in full force and effect, and will cause each of its Subsidiaries to preserve, renew and keep in full force and effect their respective corporate, limited liability company or partnership existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business, except when failure to do so would not result in a Material Adverse Effect; provided that nothing in this Section 5.05 shall prohibit (i) the merger of a Restricted Subsidiary into the Borrower in a transaction permitted under Section 5.07 or the merger or consolidation of a Restricted Subsidiary with or into another Person if, in each case, after giving effect thereto, no Default shall have occurred and be continuing or (ii) the termination of the corporate, limited liability company or partnership existence of any Restricted Subsidiary if the Borrower in good faith determines that such termination is in the best interest of the Borrower and will not result in a Material Adverse Effect.
Maintenance of Existence, Rights, Etc. The Borrower and each Guarantor will preserve, renew and keep in full force and effect its existence and its rights, privileges, licenses and franchises necessary or desirable in the normal conduct of business; provided that nothing in this Section shall prohibit (a) any merger or consolidation permitted by Section 7.03, (b) the termination of the existence of any Subsidiary if (i) the Borrower determines that such termination is in its best interest and (ii) such termination is not adverse in any material respect to the Lenders, (c) the loss of any rights, privileges, licenses and franchises if the loss thereof, in the aggregate, could not reasonably be expected to have a Material Adverse Effect or (d) the Borrower or any Guarantor from changing its name to the name set forth below the name of the Borrower or such Guarantor on the Perfection Certificate delivered pursuant to the Security Agreement, so long as the Borrower and such Guarantor comply with the requirements of Section 5 of the Security Agreement in connection with such name change.
Maintenance of Existence, Rights, Etc. Each Vencor Company will preserve, renew and keep in full force and effect its existence and its rights, privileges, licenses and franchises necessary or desirable in the normal conduct of business; provided that nothing in this Section shall prohibit (i) any merger or consolidation permitted by Section 7.05, (ii) the termination of the existence of any Subsidiary if (A) Vencor determines that such termination is in its best interest and (B) such termination is not adverse in any material respect to the Lenders, or (iii) the loss of any rights, privileges, licenses and franchises if the loss thereof, in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
Maintenance of Existence, Rights, Etc. Each Vencor -------------------------------------- Company will preserve, renew and keep in full force and effect its existence and its rights, privileges, licenses and franchises necessary or desirable in the normal conduct of business; provided, however, that Vencor Companies may consolidate or merge to the extent permitted under Section 7.03.
Maintenance of Existence, Rights, Etc. The Lessee will preserve, renew and keep in full force and effect its, and will cause each of its Subsidiaries to preserve, renew and keep in full force and effect their respective, corporate or partnership existence and its and their respective rights, privileges and franchises necessary or desirable in the normal conduct of business, except when failure to do so could not be reasonably expected to have a Material Adverse Effect; provided that nothing in this Section 5.2(d) shall prohibit (i) a transaction permitted under Section 5.3 or (ii) the termination of the corporate or partnership existence of any Subsidiary if the Lessee in good faith determines that such termination is in the best interest of the Lessee and could not be reasonably expected to have a Material Adverse Effect.
Maintenance of Existence, Rights, Etc. (a) The Parent will preserve, renew and keep in full force and effect, and will cause each of its Restricted Subsidiaries to preserve, renew and keep in full force and effect their respective corporate or partnership existence and their respective rights, privileges and franchises necessary or desirable in the normal conduct of business, except when failure to do so could not be reasonably expected to have a Material Adverse Effect; provided that nothing in this Section 6.05 shall prohibit (i) a transaction permitted under Section 7.02 or (ii) the termination of the corporate or partnership existence of any Restricted Subsidiary (other than the Borrower) if the Parent in good faith determines that such termination is in the best interest of the Parent and could not be reasonably expected to have a Material Adverse Effect. 31 $370,000,000 Five-Year Credit Agreement
Maintenance of Existence, Rights, Etc. Each MHG Company ------------------------------------- will preserve, renew and keep in full force and effect its existence and its rights, privileges, licenses and franchises necessary or desirable in the normal conduct of business; provided, however, that MHG Companies may consolidate or merge to the extent permitted under Section 7.03.
