Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each Designated Subsidiary to preserve and maintain, its corporate existence and all its material rights (charter and statutory) privileges and franchises; provided, however, that the Company and each Designated Subsidiary may consummate any merger, consolidation or sale of assets permitted under Section 5.02(b).
Appears in 15 contracts
Samples: Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain, and and, in the case of the Company, cause each Designated Principal Subsidiary and each Restricted Affiliate to preserve and maintain, its corporate existence and all its material existence, rights (charter and statutory) privileges and material franchises; provided, however, that the Company and each Designated Subsidiary may consummate any merger, consolidation except as otherwise permitted by Section 5.2(d) or sale of assets permitted under Section 5.02(b5.2(e).
Appears in 9 contracts
Samples: Revolving Credit and Competitive Advance Facility Agreement (El Paso Natural Gas Co), Revolving Credit and Competitive Advance Facility Agreement (Tennessee Gas Pipeline Co), Revolving Credit and Competitive Advance Facility Agreement (El Paso Tennessee Pipeline Co)
Preservation of Corporate Existence, Etc. Preserve Except as provided in Section 5.02(d), preserve and maintain, and cause each Designated Significant Subsidiary to preserve and maintain, its corporate existence and all its material existence, rights (charter and statutory) privileges and franchises; provided, however, that the Company and each Designated Subsidiary may consummate any merger, consolidation or sale of assets permitted under Section 5.02(b).
Appears in 5 contracts
Samples: Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each Designated Material Subsidiary to preserve and maintain, its corporate existence and all its material existence, rights (charter and statutory) privileges and material franchises; provided, however, that the Company and each Designated Subsidiary may consummate any merger, consolidation except as otherwise permitted by Section 5.02(c) or sale of assets permitted under Section 5.02(b5.02(d).
Appears in 4 contracts
Samples: Long Term Revolving Credit Agreement (Burlington Resources Inc), Long Term Revolving Credit Agreement (Burlington Resources Inc), Short Term Revolving Credit Agreement (Burlington Resources Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each Designated Principal Subsidiary to preserve and maintain, its corporate existence and all its material existence, rights (charter organizational and statutory) privileges and material franchises; provided, however, except as otherwise permitted by Section 5.2(d) or 5.2(e) and except that nothing herein shall prevent any change in Business Entity form of the Company and each Designated Subsidiary may consummate or any merger, consolidation or sale of assets permitted under Section 5.02(b)Principal Subsidiary.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (El Paso Corp/De)
Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each Designated Subsidiary to preserve and maintain, its corporate existence and all its material rights (charter and statutory) privileges and franchises; provided, however, that the Company and each Designated Subsidiary may consummate any merger, consolidation or sale of assets permitted under Section 5.02(b) . (e).
Appears in 1 contract
Samples: Five Year Credit Agreement (Honeywell International Inc)
Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each Designated Material Subsidiary to preserve and maintain, its corporate existence and all its material existence, rights (charter organizational and statutory) privileges and material franchises, except as otherwise contemplated or permitted by Section 5.02(c) or 5.02(d); provided, however, that the Company and each Designated any Material Subsidiary may consummate any merger, consolidation change its form of organization to a partnership or sale other form of assets permitted under Section 5.02(b).Business Entity. 38
Appears in 1 contract
Samples: Short Term Revolving Credit Agreement (Burlington Resources Inc)