Preservation of Corporate Existence and Qualifications. Each Company shall keep in full effect its existence, rights and franchises as a corporation or association under the laws of the jurisdiction in which organized and will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.
Appears in 7 contracts
Samples: Allocation Agreement (Westcorp /Ca/), Allocation Agreement (WFS Financial Inc), Allocation Agreement (Westcorp /Ca/)
Preservation of Corporate Existence and Qualifications. Each Company shall keep in full effect its existence, rights and franchises as a corporation or association under the laws of the jurisdiction in which each is organized and will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.
Appears in 4 contracts
Samples: Interest Rate Swap Guarantee Agreement (Westcorp /Ca/), Interest Rate Swap Guarantee Agreement (Westcorp /Ca/), Future Interest Payment Hedge Guarantee and Reimbursement Agreement (WFS Financial Inc)
Preservation of Corporate Existence and Qualifications. Each Company shall will keep in full effect its existence, rights and franchises as a corporation or association under the laws of the its jurisdiction in which organized and and, if required, will obtain and preserve its qualifications to carry on business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary.
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