Common use of Maintenance of Licenses and Permits Clause in Contracts

Maintenance of Licenses and Permits. Each Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, except where failure to maintain the same would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 17 contracts

Samples: Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.)

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Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would could not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Superior National Insurance Group Inc), Credit Agreement (Amerus Group Co/Ia)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would not reasonably be expected to havecould not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, except where failure to maintain the same would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Letter of Credit Facility Agreement (Arch Capital Group Ltd.)

Maintenance of Licenses and Permits. Each The Parent Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, except where failure to maintain the same would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Bridge Credit Agreement (Arch Capital Group Ltd.), Term Loan Agreement (Endurance Specialty Holdings LTD)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, except where failure to maintain the same would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group LTD)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Ceres Group Inc)

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Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the 40 conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would could not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would not reasonably be expected to havecould not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Amerus Group Co/Ia)

Maintenance of Licenses and Permits. Each The Borrower will, and will cause each of its Subsidiaries to, maintain all permits, licenses and consents as may be required for the conduct of its business by any state, federal or local government agency or instrumentality, instrumentality except where failure to maintain the same would is not reasonably be expected likely to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Trenwick Group Inc)

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