Common use of Preservation of Existence and Franchises Clause in Contracts

Preservation of Existence and Franchises. (a) The Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 26 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc), Term Loan Agreement (Public Service Co of New Mexico)

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Preservation of Existence and Franchises. (a) The Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 10 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc)

Preservation of Existence and Franchises. (a) The Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 6 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

Preservation of Existence and Franchises. (a) The Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 6 contracts

Samples: Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc)

Preservation of Existence and Franchises. (a) The Borrower will ---------------------------------------- do (and will or cause each of its Subsidiaries to do) be done all things necessary to preserve and keep in full force and effect its existence and all material the Property Owner's existence, rights, franchises and authority.

Appears in 1 contract

Samples: Credit Agreement (Desert Springs Marriott Limited Partnership)

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Preservation of Existence and Franchises. (a) The Except in a transaction permitted by Section 7.2, the Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 1 contract

Samples: Term Loan Agreement (PNM Resources Inc)

Preservation of Existence and Franchises. (a) The Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 1 contract

Samples: Term Loan Agreement (Public Service Co of New Mexico)

Preservation of Existence and Franchises. (a) The Such Borrower will do (and will cause each of its Subsidiaries to do) all things necessary to preserve and keep in full force and effect its existence and all material rights, franchises and authority.

Appears in 1 contract

Samples: Credit Agreement (PNM Resources Inc)

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