Common use of Preservation of Company Existence Clause in Contracts

Preservation of Company Existence. (i) Preserve and maintain its company existence, rights, franchises and privileges in the jurisdiction of its formation and (ii) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where such qualification is required other than any jurisdiction where the failure so to qualify would not have a Material Adverse Effect.

Appears in 10 contracts

Samples: u.s. Receivables Loan Agreement, u.s. Servicing Agreement, u.s. Receivables Purchase Agreement (Huntsman International LLC), European Receivables Loan Agreement, European Receivables Loan Agreement (Huntsman International LLC)

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Preservation of Company Existence. (i) Preserve and maintain its company existence, rightsrights and privileges, franchises and privileges if any, in the jurisdiction of its formation organization and (ii) qualify and remain qualified in good standing as a foreign corporation company in each jurisdiction where such qualification is required other than any jurisdiction the nature of its business so requires, except where the failure so to qualify would not not, individually or in the aggregate with other such failures, have a Material Adverse EffectEffect with respect to it.

Appears in 4 contracts

Samples: European Contribution Agreement (Huntsman International LLC), u.s. Contribution Agreement (Huntsman CORP), Contribution Agreement (Huntsman International LLC)

Preservation of Company Existence. (i) Preserve It will preserve and maintain its company organizational existence, rights, franchises and privileges in the jurisdiction of its formation formation, and (ii) qualify and remain qualified in good standing as a foreign corporation limited liability company or a corporation, as applicable (or other applicable entity in the case of a Successor Servicer), in each jurisdiction where such qualification is required other than any jurisdiction where the failure so to qualify would not have preserve and maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, a Material Adverse Effect.

Appears in 3 contracts

Samples: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)

Preservation of Company Existence. (i) Preserve and maintain its --------------------------------- company existence, rightsrights and privileges, franchises and privileges if any, in the jurisdiction of its formation organization and (ii) qualify and remain qualified in good standing as a foreign corporation company in each jurisdiction where such qualification is required other than any jurisdiction the nature of its business so requires, except where the failure so to qualify would not not, individually or in the aggregate with other such failures, have a Material Adverse EffectEffect with respect to it.

Appears in 2 contracts

Samples: Contribution Agreement (Huntsman Ici Holdings LLC), Contribution Agreement (Huntsman Ici Chemicals LLC)

Preservation of Company Existence. (i) Preserve and maintain --------------------------------- its company existence, rights, franchises and privileges in the jurisdiction of its formation and (ii) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where such qualification is required other than any jurisdiction where the failure so to qualify would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Pooling Agreement (Huntsman Ici Holdings LLC), Pooling Agreement (Huntsman Ici Chemicals LLC)

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Preservation of Company Existence. (ia) Preserve and maintain its company existence, rightsrights and privileges, franchises and privileges if any, in the jurisdiction of its formation and organization; and (iib) qualify Qualify and remain qualified in good standing as a foreign corporation company in each jurisdiction where such qualification is required other than any jurisdiction the nature of its business so requires, except where the failure so to qualify would not not, individually or in the aggregate with other such failures, have a Material Adverse EffectEffect with respect to it.

Appears in 1 contract

Samples: Asset Backed Loan Agreement (Memec Inc)

Preservation of Company Existence. (i) Preserve and maintain its company existence, rights, franchises and privileges in the jurisdiction of its formation and (ii) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where such qualification is required other than any jurisdiction where the failure so to qualify would not have a Material Adverse Effect.and

Appears in 1 contract

Samples: u.s. Receivables Loan Agreement (Huntsman International LLC)

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