Common use of Preservation of Corporate Existence and Similar Matters Clause in Contracts

Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.

Appears in 20 contracts

Samples: Loan and Security Agreement (Intellicall Inc), Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Ild Telecommunications Inc)

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Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.

Appears in 3 contracts

Samples: Credit Agreement, Security Agreement (Benefitfocus,Inc.), Security Agreement (Benefitfocus,Inc.)

Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, and its material rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ithaca Industries Inc), Loan and Security Agreement (Ithaca Industries Inc)

Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existenceexistence (or existence as a trust), rights, franchises, licenses and privileges in the jurisdiction of its incorporation (or, with respect to the Trust, its formation) and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.

Appears in 1 contract

Samples: Loan and Security Agreement (Kellstrom Industries Inc)

Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorizationauthorization except where the failure to be qualified or authorized would not have a Materially Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Airport Systems International Inc)

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Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, rights, franchises, rs licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization.

Appears in 1 contract

Samples: Loan and Security Agreement (Texfi Industries Inc)

Preservation of Corporate Existence and Similar Matters. Preserve and maintain its corporate existence, rights, franchises, licenses and privileges in the jurisdiction of its incorporation and qualify and remain qualified as a foreign corporation and authorized to do business in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization, except where the failure to so qualify could not reasonably be expected to have a Materially Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Galileo Corp)

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