Maintenance of status and franchises. The Borrower will do all such things as are necessary to maintain its corporate existence in good standing and will ensure that it has the right and is duly qualified to conduct its business as it is conducted in all applicable jurisdictions and will obtain and maintain all franchises and rights necessary for the conduct of its business.
Appears in 38 contracts
Samples: Facility Agreement (NCL CORP Ltd.), Secured Loan Agreement (NCL CORP Ltd.), Facility Agreement (NCL CORP Ltd.)
Maintenance of status and franchises. The Borrower will do all such things as are necessary to maintain its corporate limited liability company existence in good standing and will ensure that it has the right and is duly qualified to conduct its business as it is conducted in all applicable jurisdictions and will obtain and maintain all franchises and rights necessary for the conduct of its business.
Appears in 6 contracts
Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)
Maintenance of status and franchises. (a) The Borrower will do all such things as are necessary to maintain its corporate company existence in good standing and will ensure that it has the right and is duly qualified to conduct its business as it is conducted in all applicable jurisdictions and will obtain and maintain all franchises and rights necessary for the conduct of its business.
Appears in 4 contracts
Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)
Maintenance of status and franchises. (a) The Borrower will do all such things as are necessary to maintain its corporate existence in good standing and will ensure that it has the right and is duly qualified to conduct its business as in a proper and efficient manner and in compliance with all laws, regulations, authorisations, agreements and obligations applicable to it is conducted in and pay all applicable jurisdictions and will obtain and maintain all franchises and rights necessary for the conduct of its businessTaxes imposed on it when due.
Appears in 1 contract
Samples: Agreement (Lam Sw Inc)