Common use of Maintenance of Permits Clause in Contracts

Maintenance of Permits. Maintain, and cause each Subsidiary to maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal or local government agency or instrumentality except where failure to maintain the same could not reasonably be expected to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Credit Agreement (Max Capital Group Ltd.), Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

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Maintenance of Permits. Maintain, and cause each Subsidiary of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal Governmental Authority except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 7.3 or local government agency or instrumentality except (y) where failure to maintain the same could would not reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Renaissancere Holdings LTD), Credit Agreement (Renaissancere Holdings LTD), Credit Agreement (Renaissancere Holdings LTD)

Maintenance of Permits. Maintain, and cause each ---------------------- Subsidiary to maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal or local government agency or instrumentality except where failure to maintain the same could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Amendment Agreement (Max Re Capital LTD), Max Re Capital LTD

Maintenance of Permits. Maintain, and cause each Subsidiary to ---------------------- maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal or local government agency or instrumentality except where failure to maintain the same could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Reimbursement Agreement (Max Re Capital LTD)

Maintenance of Permits. Maintain, and cause each Subsidiary ---------------------- of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal or local government agency or instrumentality except where failure to maintain the same could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Renaissancere Holdings LTD)

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Maintenance of Permits. Maintain, and cause each Subsidiary to maintain, all material 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 could not reasonably be expected to have a Material Adverse Effectinstrumentality.

Appears in 1 contract

Samples: Credit Agreement (Western National Corp)

Maintenance of Permits. Maintain, and cause each Subsidiary of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any federal or local government agency or instrumentality except where failure to maintain the same could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Renaissancere Holdings LTD)

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