Common use of Maintenance of Existence Clause in Contracts

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its jurisdiction of organization and, if applicable, qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.

Appears in 16 contracts

Samples: Revolving Credit Agreement (Vornado Realty Lp), Term Loan Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Lp)

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Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity in each other jurisdiction in which such qualification is required, required except to the extent that failure to be so qualify would qualified in such other jurisdictions is not likely to result in a Material Adverse Change.

Appears in 10 contracts

Samples: Term Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc), Term Loan Agreement (Avalonbay Communities Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its the jurisdiction of organization and, if applicable, qualify and remain qualified as a foreign entity partnership in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would is not likely to result in a Material Adverse Change.

Appears in 10 contracts

Samples: Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its the jurisdiction of organization and, if applicable, qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would is not likely to result in a Material Adverse Change.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Vornado Realty Trust), Revolving Credit Agreement (Vornado Realty Lp), Revolving Credit Agreement (Price Enterprises Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits formation, if applicable, and qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.

Appears in 4 contracts

Samples: Loan Agreement (Eastern Insurance Holdings, Inc.), Loan Agreement (Eastern Insurance Holdings, Inc.), Loan Agreement (Eastern Insurance Holdings, Inc.)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity corporation in each other jurisdiction in which such qualification is required, required except to the extent that failure to be so qualify would qualified in such other jurisdictions is not likely to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Revolving Loan Agreement (Bay Apartment Communities Inc), Revolving Loan Agreement (Avalon Bay Communities Inc), Revolving Loan Agreement (Bay Apartment Communities Inc)

Maintenance of Existence. Preserve and maintain Fail to do all things necessary to preserve its legal existence and, in good standing (if applicable, good standing in its ) under the laws of the jurisdiction of its organization andor formation, if applicable, or fail to qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.,

Appears in 3 contracts

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Clipper Realty Inc.), Consolidation, Modification and Extension Agreement (Clipper Realty Inc.), Consolidation, Modification, Extension and Spreader Agreement (Clipper Realty Inc.)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in the jurisdictions of its jurisdiction of organization and, if applicablerequired by applicable Law, where each Property is located, and qualify and remain qualified as a foreign entity in each other jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.

Appears in 2 contracts

Samples: Secured Loan Agreement (Crescent Real Estate Equities Co), Secured Loan Agreement (Crescent Real Estate Equities Co)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its current form of organization in the jurisdiction of organization and, if applicable, and qualify and remain qualified as a foreign entity corporation in each jurisdiction in which such qualification is required, except to where the extent that failure to remain so qualify qualified would not likely result in have a Material Adverse ChangeEffect.

Appears in 2 contracts

Samples: Assumption, Ratification and Modification Agreement (Energea Portfolio 2 LLC), Credit Agreement (Energea Portfolio 2 LLC)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign business entity in each jurisdiction in which such qualification is required, except to where the extent that failure to so qualify would not likely result in have a Material Adverse Changematerial adverse effect on Borrower’s business or financial condition.

Appears in 2 contracts

Samples: Credit and Security Agreement (Sun Hydraulics Corp), Credit and Security Agreement (Sun Hydraulics Corp)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its the jurisdiction of organization and in each jurisdiction where a Property is located, and, if applicable, qualify and remain qualified as a foreign entity in each other jurisdiction in which such qualification is required, required except to the extent that failure to so qualify would is not likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Revolving Credit Agreement (First Washington Realty Trust Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified qualified, as a foreign entity corporation in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in may reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Interactive Strength, Inc.)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity in each other jurisdiction in which such qualification is required, required except to the extent that failure to so qualify would do any of the foregoing (other than the preservation and maintenance of Borrower’s legal existence and good standing in the jurisdiction of its organization) is not likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Revolving Loan Agreement (Avalonbay Communities Inc)

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Maintenance of Existence. Preserve Fail to do all things necessary to preserve its existence and maintain its legal existence and, good standing (if applicable, good standing in its ) under the laws of the jurisdiction of its organization andor formation, if applicable, or fail to qualify and remain qualified as a foreign entity limited liability company in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.,

Appears in 1 contract

Samples: Loan Agreement (Winthrop Realty Trust)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity in each other jurisdiction in which such qualification is required, required except to the extent that failure to be so qualify would qualified in such other jurisdictions do any of the foregoing (other than the preservation and maintenance of Borrower’s legal existence and good standing in the jurisdiction of its organization) is not likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Term Loan Agreement (Avalonbay Communities Inc)

Maintenance of Existence. Preserve and maintain its legal existence andexistence, if applicablerights, good standing in its jurisdiction of organization franchises and authority and, if applicable, qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would will not likely result in a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Secured Loan Agreement (Resource America Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its the jurisdiction of organization and, if applicable, qualify and remain qualified as a foreign entity in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Change.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Westfield America Inc)

Maintenance of Existence. Preserve Except as permitted by Section 7.03, preserve and maintain its legal existence and, if applicable, and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity organization in each jurisdiction in which the nature of its business requires such qualification is required, except to the extent that failure to so qualify would not likely result in a Material Adverse Changequalification.

Appears in 1 contract

Samples: Credit Agreement (Huttig Building Products Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, good standing in its current form of organization in the jurisdiction of organization andorganization, if applicable, and qualify and remain qualified as a foreign entity corporation or company, as the case may be, in each jurisdiction in which such qualification is required, except to where the extent that failure to remain so qualify qualified would not likely result in have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Zygo Corp)

Maintenance of Existence. Preserve and maintain its legal -------------------------- existence and, if applicable, good standing in its the jurisdiction of organization and, if applicable, qualify and remain qualified as a foreign entity partnership in each jurisdiction in which such qualification is required, except to the extent that failure to so qualify would is not likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Taubman Centers Inc)

Maintenance of Existence. Preserve and maintain its legal existence and, if applicable, in its current form of organization and good standing in its the jurisdiction of organization andits organization, if applicable, and qualify and remain qualified as a foreign entity corporation in each jurisdiction in which such qualification is required, except to where the extent that failure to remain so qualify qualified would not likely result in a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Loan Agreement (Microfluidics International Corp)

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