Common use of Maintenance of Permits, Etc Clause in Contracts

Maintenance of Permits, Etc. Borrower will cause each UPP Subpartnership to maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing will not have a Material Adverse Effect on Borrower; and Borrower shall notify 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 material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Spieker Properties Inc)

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Maintenance of Permits, Etc. Borrower will cause each UPP Subpartnership to maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing will not have a Material Adverse Effect on Borrower; and Borrower shall notify Administrative 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 material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Spieker Properties Inc)

Maintenance of Permits, Etc. Borrower The REIT will and will cause each UPP Subpartnership of its Consolidated Subsidiaries to maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing will would not have a Material Adverse Effect on BorrowerEffect; and Borrower shall notify the Administrative 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 material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Uni Invest Usa LTD)

Maintenance of Permits, Etc. Borrower will cause each UPP Subpartnership Guarantor Subsidiary to maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing will not have a Material Adverse Effect on Borrowersuch Guarantor Subsidiary; and Borrower shall notify 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 material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Pacific Gulf Properties Inc)

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Maintenance of Permits, Etc. The Borrower will and will cause each UPP Subpartnership of its Consolidated Subsidiaries to maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing will would not have a Material Adverse Effect on Borrowersuch Person; and Borrower shall notify the Administrative 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 material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Uni Invest Usa LTD)

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