Common use of Maintenance of Licenses, Permits, etc Clause in Contracts

Maintenance of Licenses, Permits, etc. The Borrower (i) shall maintain in full force and effect, and shall cause each of its Subsidiaries and Affiliates, to maintain in full force and effect, all licenses, permits, governmental approvals, franchises, authorizations or other rights necessary for the operation of the Borrower's, its Subsidiaries' and/or its Affiliates' businesses, except where the failure to obtain any of the foregoing would not have or is not reasonably likely to have a Material Adverse Effect and (ii) shall notify the Lender in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any such license, permit, governmental approval, franchise authorization or right, where the result thereof could reasonably be expected to have a Material Adverse Effect.

Maintenance of Licenses, Permits, etc. The Borrower Co-Borrowers (i) shall maintain in full force and effect, and shall cause each of its their Subsidiaries and Affiliates, to maintain in full force and effect, all licenses, permits, governmental approvals, franchises, authorizations or other rights necessary for the operation of the Borrower'sCo-Borrowers', its their Subsidiaries' and/or its Affiliates' businesses, except where the failure to obtain any of the foregoing would not have or is not reasonably likely to have a Material Adverse Effect and (ii) shall notify the Lender Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any such license, permit, governmental approval, franchise authorization or right, where the result thereof could reasonably be expected to have a Material Adverse Effect.

Maintenance of Licenses, Permits, etc. The Borrower Borrower, its -------------------------------------- Subsidiaries and Affiliates shall, and shall cause the Guarantors, their Subsidiaries and Affiliates to, (i) shall maintain in full force and effect, and shall cause each of its Subsidiaries and Affiliates, to maintain in full force and effect, effect all licenses, permits, governmental approvals, franchises, authorizations or other rights necessary for the operation of the Borrower's, its Subsidiaries' and/or its Affiliates' their respective businesses, except where the failure to obtain any of the foregoing would not have result in or is not reasonably likely to have result in a Material Adverse Effect and (ii) shall to notify the Lender in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any such license, permit, governmental approval, franchise authorization or right, Permit where the result thereof could reasonably be expected to have result in a Material Adverse Effect.