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 8 contracts
Samples: Amendment No. 1 (Validus Holdings LTD), Unsecured Revolving Credit Agreement (Validus Holdings LTD), Five Year Secured Letter of Credit Facility 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: Five Year Secured Letter of Credit Facility Agreement (Validus Holdings LTD), Three Year Unsecured Letter of Credit Facility 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: Unsecured Revolving Credit and Letter of Credit Facility Agreement (Third Point Reinsurance Ltd.)
