Common use of Maintenance of Permits Clause in Contracts

Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where failure to maintain the same would not have a Material Adverse Effect.

Appears in 3 contracts

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

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Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority state, federal or local government agency or instrumentality including, without limitation, the Licenses, except (x) for where such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where failure to maintain the same would could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Conseco Inc Et Al), Credit Agreement (Conseco Inc Et Al), Credit Agreement (Conseco Inc)

Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority except state, federal or local government agency or instrumentality (xincluding, without limitation, the Licenses and any such license, consent or permit relating to Hazardous Materials or the disposal thereof) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where if the failure to maintain the same would not such licenses, permits and consents could have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Delphi Financial Group Inc/De), Credit Agreement (Delphi Financial Group Inc/De), Credit Agreement (Delphi Financial Group Inc/De)

Maintenance of Permits. MaintainOnce received, maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where failure to maintain the same would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)

Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) 6.3 or (y) where failure to maintain the same would not have a Material Adverse Effect.

Appears in 2 contracts

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

Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses (including, without limitation, the Licenses) and consents as may be required for the conduct of its business by any Governmental Authority except (x) for such permitsstate, licenses and consents related federal or local government agency or instrumentality to assets which are sold in accordance with Section 5.02(c) or (y) where the extent the failure to so maintain the same would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Professionals Insurance Co Management Group)

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Maintenance of Permits. MaintainExcept as permitted pursuant to Section 11.3, maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority except state, federal or local government agency or instrumentality (xincluding, without limitation, any such license, consent or permit relating to Hazardous Materials or the disposal thereof) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where if the failure to maintain the same would not such licenses, permits and consents could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

Maintenance of Permits. Maintain, and cause each of its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority federal or local government agency or instrumentality except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) or (y) where failure to maintain the same would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Renaissancere Holdings LTD)

Maintenance of Permits. Maintain, and cause each of ---------------------- its Subsidiaries to maintain, all permits, licenses and consents as may be required for the conduct of its business by any Governmental Authority federal or local government agency or instrumentality except (x) for such permits, licenses and consents related to assets which are sold in accordance with Section 5.02(c) 7.3 or (y) where ----------- failure to maintain the same would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Renaissancere Holdings LTD)

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