Common use of Maintenance of Licenses Clause in Contracts

Maintenance of Licenses. Each COAF Company or any successors thereof shall maintain all licenses, permits, charters and registrations which are material to the conduct of its business in all circumstances where failure could reasonably result in a Material Adverse Change.

Appears in 7 contracts

Samples: Insurance Agreement (Capital One Auto Finance Trust 2005-A), Insurance Agreement (Capital One Auto Receivables LLC), Insurance Agreement (Capital One Auto Finance Trust 2007-C)

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Maintenance of Licenses. Each COAF Company or any successors thereof shall maintain all licenses, permits, charters and registrations which are material to the conduct of its business in all circumstances where failure reasonably could reasonably result in a Material Adverse Change.

Appears in 5 contracts

Samples: Insurance Agreement (Capital One Auto Receivables LLC), Insurance Agreement (Capital One Auto Receivables LLC), Insurance Agreement (Capital One Auto Finance Trust 2005-D)

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Maintenance of Licenses. Each COAF Company or any successors thereof shall maintain all licenses, permits, charters and registrations which are material to the conduct of its business in all circumstances where failure could reasonably result in a Material Adverse Changebusiness.

Appears in 1 contract

Samples: Insurance Agreement (Capital One Auto Finance Trust 2002-C)

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