Common use of Organizational Existence Clause in Contracts

Organizational Existence. Except as otherwise permitted by subsection 3.6, Borrower will, and will cause each of its Restricted Subsidiaries to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 5 contracts

Samples: Credit Agreement (Portola Packaging Inc), Credit Agreement (Portola Packaging Inc), Credit Agreement (Portola Packaging Inc)

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Organizational Existence. Borrower will at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business. Except as otherwise permitted by subsection 3.6Section 3.6 or except as could not reasonably be expected to have a Material Adverse Effect, Borrower Holdings will, and Borrower will cause each of its Restricted Borrower’s Subsidiaries to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 4 contracts

Samples: Credit Agreement (TNS Inc), Credit Agreement (TNS Inc), Credit Agreement (TNS Inc)

Organizational Existence. Except as otherwise permitted by subsection 3.6SECTION 5.4, each Borrower will, will and will cause each of its Restricted Subsidiaries to, to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material the absence of which could reasonably be expected to its businesshave a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (MTM Technologies, Inc.), Credit Agreement (MTM Technologies, Inc.)

Organizational Existence. Except as otherwise permitted by subsection 3.6Section 5.6, Borrower will, will and will cause each of its Restricted Subsidiaries to, to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Cardlytics, Inc.)

Organizational Existence. Except as otherwise permitted by subsection 3.6Section 5.4, Borrower will, will and will cause each of its Restricted Subsidiaries to, to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material the absence of which could reasonably be expected to its businesshave a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Vertical Communications, Inc.)

Organizational Existence. Except as otherwise permitted by subsection Section 3.6, each of Borrower and Holdings will, and will cause each of its Restricted Borrower's Subsidiaries to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (TNS Inc)

Organizational Existence. Except as otherwise permitted by subsection 3.6, Borrower will, and will cause each of its Restricted Subsidiaries to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (Aki Holding Corp)

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Organizational Existence. Except as otherwise permitted by subsection Section 3.6, each of Borrower and Holdings will, and will cause each of its Restricted Borrower’s Subsidiaries to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (TNS Inc)

Organizational Existence. Except as otherwise permitted by subsection 3.6, Borrower will, and will cause each of its Restricted Subsidiaries (other than the Excluded Subsidiaries) to, at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (Sunsource Inc)

Organizational Existence. Except as otherwise permitted by subsection Section 3.6, Borrower will, will and will cause each of its Restricted Subsidiaries to, to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Penhall International Corp)

Organizational Existence. Except as otherwise permitted by subsection 3.6Section 6.4, each Borrower will, will and will cause each of its Restricted Subsidiaries to, to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material the absence of which could reasonably be expected to its businesshave a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Commitment and Reimbursement Agreement (MTM Technologies, Inc.)

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