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), Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Credit 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: Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of 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 shall cause each Subsidiary to maintain, all permits, licenses and consents as may be are required for the conduct of its business by any federal state, Federal or local government agency or instrumentality except where (including, without limitation, any such license, consent or permit relating to Hazardous Materials or the disposal thereof) if the failure to maintain the same such licenses, permits and consents could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Secured Credit Agreement (Gibraltar Packaging Group Inc)

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: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

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