Maintenance of Properties and Corporate Existence. The Company shall do or cause to be done all things necessary (i) to preserve and keep in full force and effect its existence, rights and franchises, and (ii) to maintain its status as a corporation duly organized and existing and in good standing under the laws of the state of its organization.
Appears in 8 contracts
Samples: Master Letter of Credit Facility Agreement (M I Homes Inc), Master Letter of Credit Facility Agreement (M I Homes Inc), Security Agreement (M I Homes Inc)
Maintenance of Properties and Corporate Existence. The Company shall do or cause to be done all things necessary (i) to preserve and keep in full force and effect its existence, rights and franchises, and (ii) to maintain its status as a corporation duly organized and existing and in good standing under the laws of the state of its organization. 4.3.
Appears in 1 contract
Samples: Facility Agreement
Maintenance of Properties and Corporate Existence. (a) The Company shall will, and will cause each of its subsidiaries to do or cause to be done done, all things necessary (i) to preserve and keep in full force force, and effect the existence of the Company and each of its existence, subsidiaries and the rights and franchises, and (ii) to maintain its status as a corporation duly organized and existing and in good standing under the laws franchises of the state Company and each of its organizationsubsidiaries which are material to the proper conduct of the business of the Company and its subsidiaries.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Digitec 2000 Inc)