Common use of Preservation of Existence and Conduct of Business Clause in Contracts

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.

Appears in 2 contracts

Samples: Convertible Note and Warrant Purchase Agreement (Digital Domain Media Group, Inc.), Convertible Note and Warrant Purchase Agreement (Digital Domain Media Group, Inc.)

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Preservation of Existence and Conduct of Business. The Company will, will and will cause each of its Subsidiaries to, 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 Effectpractices.

Appears in 1 contract

Samples: Note Purchase Agreement (Unique Fabricating, Inc.)

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Preservation of Existence and Conduct of Business. The Company will, will and will cause each of its Subsidiaries to, (other than the Immaterial Foreign 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 Effectpractices.

Appears in 1 contract

Samples: Note Purchase Agreement (Deckers Outdoor Corp)

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