Common use of Preservation of Corporate Existence Clause in Contracts

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has hadfranchises necessary or desirable in the normal conduct of its business; and shall conduct its business in an orderly, or could reasonably be expected to have, a Material Adverse Effectefficient and regular manner.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has hadfranchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, or could reasonably be expected to have, a Material Adverse Effectefficient and regular manner.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, have a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will preserve and maintain maintain, and cause each of its Subsidiaries to preserve and maintain, its corporate existence, rightsrights (charter and statutory) and franchises, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing in each jurisdiction except where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or do so could not reasonably be expected to have, have a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will, and will cause each of its Subsidiaries to, preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has hadfranchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, or could reasonably be expected to have, a Material Adverse Effectefficient and regular manner.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, franchises necessary or could reasonably be expected to have, a Material Adverse Effectdesirable in the normal conduct of its business.

Preservation of Corporate Existence. The Each of Borrower and Servicer will preserve and maintain its existence, existence rights, franchises and privileges in the jurisdiction of its formationincorporation or organization, and qualify and remain qualified in good standing as a foreign entity in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, qualifications would have a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its formationorganization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, would materially adversely affect the interests of the Lender or could reasonably be expected the Program Manager or their ability of to have, a Material Adverse Effectperform their respective obligations hereunder or under the RPTA.

Preservation of Corporate Existence. The Each Borrower will preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has hadfranchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, or could reasonably be expected to have, a Material Adverse Effectefficient and regular manner.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified existence in good standing in each its governing jurisdiction and shall remain qualified to do business and own assets in such jurisdictions except where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, do so would not constitute a Material Adverse EffectChange.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its existence, existence as a corporation and all of its rights, privileges, and franchises and privileges necessary or desirable in the jurisdiction normal conduct of its formationbusiness and shall conduct its business in an orderly, efficient, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, a Material Adverse Effectregular manner.

Preservation of Corporate Existence. The Borrower will preserve and maintain its existence, rights, franchises corporate existence and privileges in the jurisdiction all of its formation, and qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, franchises necessary or could reasonably be expected to have, a Material Adverse Effectdesirable in the normal conduct of its business.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its formationorganization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, would materially adversely affect the interests of the Lender or could reasonably be expected the Program Manager or their ability of to have, a Material Adverse Effectperform their respective obligations hereunder or under the RPA.

Preservation of Corporate Existence. The As to the Borrower will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction each of its formationSubsidiaries, preserve, protect, maintain, renew and qualify keep in full force and remain qualified in good standing in each jurisdiction where the failure to maintain such effect, their corporate existence, rights, franchises, licenses and privileges in the jurisdictions of their incorporation and qualify, and remain qualified, and cause each Subsidiary to remain qualified, as a foreign corporation in each jurisdiction where such qualification has had, is necessary or could reasonably be expected to have, a Material Adverse Effectdesirable in view of their business and operations or the ownership of their properties.

Preservation of Corporate Existence. The Each Borrower will and Holdings shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its formationorganization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, would materially adversely affect the interests of the Lender or could reasonably be expected the Program Manager or their ability of to have, a Material Adverse Effectperform their respective obligations hereunder.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and {B2297203; 11} - 30 - qualify and remain qualified in good standing in each jurisdiction where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will shall, except as contemplated by the Related Transactions, preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its formationincorporation, and qualify and remain qualified as a foreign corporation in good standing in each jurisdiction such jurisdictions where the failure to maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, so qualify would have a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will preserve and maintain its limited liability existence, rights, franchises and privileges in the jurisdiction of its formationorganization, and qualify and remain qualified in good standing as a limited liability company in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, or could reasonably be expected to have, would have a Material Adverse Effect.

Preservation of Corporate Existence. The Borrower will shall preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its formationorganization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification has had, would materially adversely affect the interests of the Lender or could reasonably be expected the Program Manager or their ability to have, a Material Adverse Effectperform their respective obligations hereunder or under the RPTA.