Common use of Maintenance of Licenses and Permits Clause in Contracts

Maintenance of Licenses and Permits. The Company will, and will cause each of its Significant 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, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD)

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Maintenance of Licenses and Permits. The Company will, and will cause each of its Significant 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, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect. SECTION 5.10.

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)

Maintenance of Licenses and Permits. The Company will, and will cause each of its Significant 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 samesame would not reasonably be expected to have, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD)

Maintenance of Licenses and Permits. The Company will, and will cause each of its Significant 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, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Facility Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)

Maintenance of Licenses and Permits. The Company Holdings will, and will cause each of its Significant 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, either individually or in the aggregate, has not had, and would same is not reasonably be expected likely to have, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Trenwick Group LTD)

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Maintenance of Licenses and Permits. The Company Holdings will, and will cause each of its Significant 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, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.. SECTION 5.10

Appears in 1 contract

Samples: Credit Agreement (Validus Holdings LTD)

Maintenance of Licenses and Permits. The Company willshall, and will shall cause each of its Significant 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 samesame would not reasonably be expected to have, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Flagstone Reinsurance Holdings LTD)

Maintenance of Licenses and Permits. The Company will, and will cause each of its Significant Subsidiaries to, maintain and comply with the terms and conditions of all permits, licenses licenses, consents and consents Insurance Licenses 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, either individually or in the aggregate, has not had, and would not reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Letter of Credit Facility Agreement (Third Point Reinsurance Ltd.)

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