Common use of Preservation of Corporate Existence and Franchises Clause in Contracts

Preservation of Corporate Existence and Franchises. The Mortgagor will, so long as any of the Notes are outstanding, take or cause to be taken all such action as from time to time may be necessary to preserve its corporate existence and to preserve and renew all franchises, rights of way, easements, permits, and licenses now or hereafter to be granted or upon it conferred, and will comply with all valid laws, ordinances, regulations and requirements applicable to it or its property.

Preservation of Corporate Existence and Franchises. Compliance with Laws; Limitations on Mergers, Transfers and Purchases: The Mortgagor willwill at all times, so long as any of the Notes are shall be outstanding, take or cause to be taken all such action as from time to time may be necessary to preserve its corporate existence and to preserve and renew all franchises, rights of way, easements, permits, permits and licenses now or hereafter necessary to be granted or upon it conferredthe conduct of its business, and will materially comply with all valid laws, ordinances, regulations and requirements applicable to it or its property.

Preservation of Corporate Existence and Franchises. The Mortgagor will, so long as any of the Notes are outstanding, take or cause to be taken all such action as from time to time may be necessary to preserve its corporate existence and to preserve and renew all franchises, rights of way, easements, permits, and licenses now or hereafter to be granted or upon it conferred, and will comply with all valid laws, ordinances, regulations regulations, and requirements applicable to it or its property.