Preservation of Existence and Conduct of Business. Borrower will preserve and maintain its limited liability company status and all of its leases, privileges, franchises, qualifications, and rights that are necessary or desirable in the ordinary conduct of its business, and conduct its business as presently conducted in an orderly and efficient manner in accordance with good business practices.
Preservation of Existence and Conduct of Business. The Company will preserve and maintain its existence and all of its leases, privileges, franchises, qualifications and rights that are necessary or useful in the ordinary conduct of its Business, and conduct its Business as presently conducted in an orderly and efficient manner in accordance with good business practices.
Preservation of Existence and Conduct of Business. The Company will, and will cause its Subsidiaries to, preserve and maintain its corporate existence and all of its leases, privileges, franchises, qualifications and rights that are reasonably necessary or useful in the ordinary conduct of its business, and conduct its business as presently conducted in an orderly and efficient manner in accordance with good business practices except where failure to do so would not reasonably be expected to have a Material Adverse Effect.
Preservation of Existence and Conduct of Business. Borrower and Guarantor will (i) preserve and maintain its corporate existence and all of their respective leases, privileges, franchises, qualifications and rights that are necessary or desirable in the ordinary conduct of their respective businesses, and (ii) conduct their respective businesses as presently conducted in an orderly and efficient manner in accordance with good business practices.
Preservation of Existence and Conduct of Business. Borrower will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights, leases, patents and all other licenses or rights necessary to comply with all laws, regulations, rules, statutes, or other provisions applicable to Borrower, the loss of which would have a material adverse effect in the operation of its business, in a prudent and businesslike manner.
Preservation of Existence and Conduct of Business. Parent and Company will each preserve and maintain its corporate existence and all of its leases, privileges, franchises, qualifications and rights that are necessary or useful in the ordinary conduct of its business and where failure to do so would have a Material Adverse Effect, and conduct its business as presently conducted in an orderly and efficient manner in accordance with good business practices.
Preservation of Existence and Conduct of Business. The Company shall, and shall cause each other Credit Party to, preserve and maintain in full force and effect (i) the corporate existence, rights and franchises of the Credit Parties, as the case may be, and (ii) all licenses and other rights to use Intellectual Property held or owned by Credit Parties, if any of the foregoing are reasonably necessary to the business of any Credit Party.
Preservation of Existence and Conduct of Business. Borrowers and Parent will preserve and maintain their corporate or legal existence and all of their leases, privileges, franchises, qualifications and rights that are necessary in the ordinary conduct of their business and will use reasonable efforts to conduct their business as presently conducted (other than Parent) in an orderly and efficient manner in accordance with sound business practices, except nothing contained in this Agreement will limit or preclude a Borrower from merging into, or selling all or substantially all of its assets to, another Borrower. 6.7
Preservation of Existence and Conduct of Business. The Borrower will (i) preserve and maintain, and will cause each Subsidiary to take all action to preserve and maintain, its corporate existence, and (ii) take all reasonable action to preserve and maintain, and cause each Subsidiary to preserve and maintain, all of its leases, privileges, franchises, qualifications, and rights that are necessary in the ordinary conduct of its business.
Preservation of Existence and Conduct of Business. The Company will, and will cause each of its Subsidiaries to, preserve and maintain (a) its corporate existence and (b) all of its material leases, privileges, franchises, qualifications and rights that are necessary or useful in the ordinary conduct of its business (if the failure to so maintain such leases, privileges, franchises, qualifications and rights would, individually or in the aggregate, have a Material Adverse Effect), and conduct its business as presently conducted in an orderly and efficient manner in accordance with good business practices (if the failure to so conduct its business would have a Material Adverse Effect); provided, however, the Company shall not be obligated to preserve the existence of any Inactive Subsidiary.
