Preservation of Existence and Franchises. Except as expressly permitted by Section 8.2 or Section 8.3 below, the Borrower will, and will cause each of its Principal Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, and material rights, franchises and authority.
Appears in 10 contracts
Samples: Five Year Credit Agreement (Integrys Energy Group, Inc.), Five Year Credit Agreement (Integrys Energy Group, Inc.), Five Year Credit Agreement (Integrys Energy Group, Inc.)
Preservation of Existence and Franchises. Except as expressly permitted by Section 8.2 or Section 8.3 below, the The Borrower will, will do (and will cause each of its Principal Material Subsidiaries to, do to do) all things necessary to preserve and keep in full force and effect its existence, and material rights, franchises and authority; provided that nothing in this Section 8.2 shall prevent any transaction otherwise permitted under Section 9.2 or Section 9.3 or any change in the form of organization (by merger or otherwise) of any Material Subsidiary of the Borrower so long as such change shall not have an adverse effect on the Borrower's ability to perform its obligations hereunder.
Appears in 9 contracts
Samples: Letter of Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Consolidated Natural Gas Co/Va)
Preservation of Existence and Franchises. (a) Except as expressly in a transaction permitted by Section 8.2 or Section 8.3 below8.2, the Borrower will, will do (and will cause each of its Principal Subsidiaries to, do to do) all things necessary to preserve and keep in full force and effect its existence, existence and material rights, franchises and authority.
Appears in 7 contracts
Samples: Credit Agreement (Texas New Mexico Power Co), Term Loan Credit Agreement (PNM Resources Inc), Term Loan Credit Agreement (Texas New Mexico Power Co)
Preservation of Existence and Franchises. Except The Borrower will, except as expressly permitted by Section 8.2 or Section 8.3 below, the Borrower will, and will cause each of its Principal Subsidiaries to8.2, do all things necessary to preserve and keep in full force and effect its existence, and material rights, franchises and authority.
Appears in 7 contracts
Samples: Bridge Credit Agreement, Term Loan Agreement (Alabama Power Co), Bridge Credit Agreement (Southern Co)
Preservation of Existence and Franchises. (a) Except as expressly in a transaction permitted by Section 8.2 or Section 8.3 below8.2, the such Borrower will, will do (and will cause each of its Principal Subsidiaries to, do to do) all things necessary to preserve and keep in full force and effect its existence, existence and material rights, franchises and authority.
Appears in 2 contracts
Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)
Preservation of Existence and Franchises. Except as expressly to the extent otherwise permitted by under Section 8.2 or Section 8.3 below8.4, the Borrower will, and will cause each of its Principal Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, and material rights, franchises and authority.
Appears in 2 contracts
Samples: Credit Agreement (Genicom Corp), Credit Agreement (Genicom Corp)
Preservation of Existence and Franchises. (a) Except as expressly in a transaction permitted by Section 8.2 or Section 8.3 below8.2, the Borrower will, will do (and will cause each of its Principal Subsidiaries to, do to do) all things necessary to preserve and keep in full force and effect its existence, existence and material rights, franchises and authority.
Appears in 2 contracts
Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Texas New Mexico Power Co)
Preservation of Existence and Franchises. Except as expressly otherwise permitted by pursuant to the terms of Section 8.2 or Section 8.3 below8.4, the Borrower will, and will cause each of its Principal Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, material rights and material rights, franchises and authority.
Appears in 1 contract
