Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licenses, franchises and permits, and qualify and remain qualified as a validly existing corporation in good standing in each jurisdiction in which such qualification is necessary under applicable law.
Appears in 8 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licenses, franchises and permitsfranchises, and qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is necessary under applicable lawin view of its business and operations or the ownership of its properties; provided that the Company shall not be required to preserve any such right or franchise or to remain so qualified unless the failure to do so would reasonably be expected to result in a Material Adverse Change.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Consumers Energy Co), Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licensesrights, franchises and permitsprivileges in the jurisdiction of its incorporation, and qualify and remain qualified qualified, as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is necessary under applicable lawor desirable in view of its business and operations or the ownership of its properties.
Appears in 5 contracts
Samples: Discretionary Revolving Credit Agreement (Sunrise Resources Inc\mn), Credit Agreement (Aero Systems Engineering Inc), Revolving Credit Agreement (Lifecore Biomedical Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licensesrights, franchises and permits, privileges in the jurisdiction of its incorporation and qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Borrower or the ownership of its properties.
Appears in 3 contracts
Samples: Loan Agreement (Cascade Natural Gas Corp), Loan Agreement (Cascade Natural Gas Corp), Loan Agreement (Legend Properties Inc)
Preservation of Corporate Existence, Etc. Preserve Except as otherwise permitted under Section 7.2(e), preserve and maintain its corporate existence, rights and privileges and its material licenses, franchises and permits, existence and qualify and remain qualified as a validly existing corporation in good standing in each jurisdiction where the failure to so maintain its corporate existence, qualify and be in which such qualification is necessary under applicable lawgood standing would have a material adverse effect on the business, property, operations or condition, financial or otherwise, of the Company or of the Company and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Credit Agreement (Wolverine World Wide Inc /De/), Credit Agreement (Wolverine World Wide Inc /De/)
Preservation of Corporate Existence, Etc. Preserve To preserve and maintain its corporate existence, rights rights, and privileges in the jurisdiction of its incorporation and its material licenses, franchises and permits, and will qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Guarantor or the ownership of its properties.
Appears in 2 contracts
Samples: Loan Purchase and Servicing Agreement (United Grocers Inc /Or/), Loan Purchase Agreement (United Grocers Inc /Or/)
Preservation of Corporate Existence, Etc. Preserve The Company will preserve and maintain its corporate existence, rights and privileges and its material licenses, franchises and permits, and qualify and remain qualified as a validly existing corporation in good standing in each jurisdiction in which the conduct of its operations or the ownership of its properties requires such qualification is necessary under applicable lawand failure so to qualify would materially and adversely affect the Company and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Credit Agreement (Mascotech Inc), Credit Agreement (Masco Corp /De/)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licensesrights, franchises and permitsprivileges in the jurisdiction of its incorporation, and qualify and remain qualified qualified, as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is necessary under applicable lawor desirable in view of its business and operations or the ownership of its properties, and cause Medacquisition to do so.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Medamicus Inc)
Preservation of Corporate Existence, Etc. Preserve To preserve and maintain its corporate existence, rights rights, and privileges in the jurisdiction of its incorporation and its material licenses, franchises and permits, and to qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Seller, or the ownership of its properties.
Appears in 1 contract
Preservation of Corporate Existence, Etc. Preserve To preserve and maintain its corporate existence, rights rights, and privileges in the jurisdiction of its incorporation and its material licenses, franchises and permits, and to qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Seller or the ownership of its properties.
Appears in 1 contract
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licenseslegal structure, rights, franchises and permitsprivileges in the jurisdiction of its formation, and qualify and remain qualified as a validly existing corporation in good standing in each other jurisdiction in which such qualification is necessary under applicable lawit owns or leases property or in which the conduct of its business requires it to so qualify, except where the failure to so preserve, maintain, qualify and remain qualified could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Common Terms Agreement (Allegheny Energy Supply Co LLC)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licensesrights, franchises and permitsprivileges in the jurisdiction of its incorporation, and qualify and remain qualified qualified, as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is necessary under applicable lawor desirable in view of its business and operations or the ownership of its properties, and cause the Corporate Guarantor to do so.
Appears in 1 contract
Samples: Term Loan Agreement (Corvu Corp)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and in the state of its material licenses, franchises and permitsincorporation, and qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which the absence of such qualification is necessary under applicable lawwould materially and adversely affect its business and operations or the ownership of its properties.
Appears in 1 contract
Samples: Reimbursement and Security Agreement (Apac Customer Service Inc)
Preservation of Corporate Existence, Etc. Preserve To preserve and maintain its corporate existence, rights rights, and privileges in the jurisdiction of its incorporation and its material licenses, franchises and permits, and will qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Seller or the ownership of its properties.
Appears in 1 contract
Samples: Loan Origination and Purchase Agreement (KFC National Purchasing Cooperative Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and its material licensesrights, franchises and permitsprivileges in the jurisdiction of its incorporation, and qualify and remain qualified qualified, as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is necessary under applicable lawor desirable in view of its business and operations or the ownership of its properties except where failure to so preserve and maintain or so qualify could not reasonably be expected to cause a Material Adverse Change.
Appears in 1 contract
Samples: Credit Agreement (Valhi Inc /De/)
Preservation of Corporate Existence, Etc. Preserve To preserve and maintain its corporate existence, rights rights, and privileges in the jurisdiction of its incorporation and its material licenses, franchises and permits, and will qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which where such qualification is necessary under applicable lawor advisable in view of the business and operations of Seller or Servicer, as the case may be, or the ownership of its properties.
Appears in 1 contract
Samples: Loan Purchase and Servicing Agreement (United Grocers Inc /Or/)
Preservation of Corporate Existence, Etc. Preserve and maintain its (and subsidiaries) corporate existence, existence and such of its rights (charter and statutory) and privileges as are material to its business and its material licenses, franchises and permits, and operations; qualify and remain qualified as a validly existing foreign corporation in good standing in each jurisdiction in which such qualification is material to its business and operations or the ownership of its properties; and maintain in effect all material licenses necessary under applicable lawto the conduct of its business.
Appears in 1 contract
Samples: Loan Agreement (Neogen Corp)
Preservation of Corporate Existence, Etc. Preserve and maintain its corporate existence, rights and privileges and and, except for terminations in the ordinary course of business deemed appropriate by the Company, its material licenses, franchises and permits, and qualify and remain qualified as a validly existing corporation in good standing in each jurisdiction in which such qualification is necessary under applicable law.
Appears in 1 contract