Maintenance of Existence. The Company will, and will cause each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 44 contracts
Samples: Securities Purchase Agreement (Liberty Star Uranium & Metals Corp.), Securities Purchase Agreement (3dicon Corp), Securities Purchase Agreement (Titan Iron Ore Corp.)
Maintenance of Existence. The Company will, and will cause each Significant Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its their respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business; provided that nothing in this Section 5.03 shall prohibit or interfere with the Company's publicly announced strategy to discontinue or dispose of in one or more transactions the financial services businesses of it or of any of its Subsidiaries.
Appears in 9 contracts
Samples: Credit Agreement (Us West Inc), Credit Agreement (Usw-C Inc), Credit Agreement (Us West Inc)
Maintenance of Existence. The Company willwill continue, and will cause each Subsidiary towill continue, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 6 contracts
Samples: Securities Purchase Agreement (American International Petroleum Corp /Nv/), Securities Purchase Agreement (Touch Tone America Inc), Securities Purchase Agreement (Vitech America Inc)
Maintenance of Existence. The Except as permitted by Section 6.12, the Company will, and will cause each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company (a) preserve and such Subsidiaries, and will preserve, renew and keep in full force and effect maintain its respective corporate existence and their respective material all of its rights, privileges and franchises necessary or desirable in the normal conduct of businessits business and (b) conduct its business in a regular manner.
Appears in 5 contracts
Samples: Long Term Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), 364 Day Credit Agreement (Bemis Co Inc)
Maintenance of Existence. The Except for the Merger, the Company will, and will cause each Significant Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its their respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 2 contracts
Samples: Credit Agreement (U S West Inc /De/), Credit Agreement (U S West Communications Inc)
Maintenance of Existence. The Company will, and will cause each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its effect, and will cause each Subsidiary to preserve, renew and keep in full force and effect, their respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Investment Agreement (Palace Entertainment Holdings, Inc.)
Maintenance of Existence. The Company will, and will cause each Subsidiary to, continue continue, to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Equity Financing Agreement (American International Petroleum Corp /Nv/)
Maintenance of Existence. The Company willwill continue, and an--- ubsidiary will cause each Subsidiary tocontinue, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Convertible Debenture and Convertible Preferred Stock Purchase Agreement (Tamboril Cigar Co)
Maintenance of Existence. The Company will, and will cause ------------------------ each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Securities Purchase Agreement (International Fuel Technology Inc)
Maintenance of Existence. The Each Specified Company will, and will cause each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its effect, and will cause each Subsidiary to preserve, renew and keep in full force and effect, their respective corporate existence (except for Subsidiary mergers permitted by Section 8.7) and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of businessbusiness except for such rights, privileges and/or franchises the failure of which to maintain could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Securities Purchase Agreement (Loud Technologies Inc)
Maintenance of Existence. The Company willshall, and will the ------------------------ Company shall cause each Subsidiary to, continue to engage maintain its existence and carry on the major part of its business in business of substantially the same general type manner and in substantially the same fields as such business is now conducted carried on and maintained, except as permitted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of businessSection 8.04.
Appears in 1 contract
Samples: Investment and Participation Agreement (Us Xpress Enterprises Inc)
Maintenance of Existence. The Except as expressly permitted pursuant to Section 6.09 hereof, the Company will, and will cause each Subsidiary of its subsidiaries to, continue to engage in business of preserve and maintain the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material all of the rights, privileges and franchises of the Company or such subsidiaries necessary or desirable in the normal conduct of businessthe business of the Company or such subsidiaries, and conduct such business in a regular manner.
Appears in 1 contract
Maintenance of Existence. The Company will, and except as set forth on Schedule 7.4, the will cause each Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Securities Purchase Agreement (Dial Thru International Corp)
Maintenance of Existence. The Company will, and will cause each Subsidiary to, will continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Securities Purchase Agreement (Take Two Interactive Software Inc)
Maintenance of Existence. The Company will, and will cause each Significant Subsidiary to, continue to engage in business of the same general type as now conducted by the Company and such Subsidiaries, and will preserve, renew and keep in full force and effect its their respective corporate existence and their respective material rights, privileges and franchises necessary or desirable in the normal conduct of business; PROVIDED that nothing in this Section 5.03 shall prohibit or interfere with the Company's publicly announced strategy to discontinue or dispose of in one or more transactions the financial services businesses of it or of any of its Subsidiaries.
Appears in 1 contract
Samples: Credit Agreement (Us West Inc)