Common use of Preservation of Existence and Franchises Clause in Contracts

Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Credit Party will, and will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for the normal conduct of its business.

Appears in 6 contracts

Samples: Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/), Credit Agreement (Owens & Minor Inc/Va/)

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Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Each Credit Party will, and will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for the normal conduct of its businessexcept where failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Note Purchase and Private Shelf Agreement (Tractor Supply Co /De/), Credit Agreement (Tractor Supply Co /De/), Credit Agreement (Tractor Supply Co /De/)

Preservation of Existence and Franchises. Except as otherwise permitted under by Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect7.04, each of the Credit Party will, and Parties will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its (a) existence, rights, rights and franchises and (b) authority, unless failure to preserve and keep in full force and effect its authority for the normal conduct of its businesscould not be reasonably expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Pultegroup Inc/Mi/), Credit Agreement (Pultegroup Inc/Mi/), Term Loan Agreement (Pultegroup Inc/Mi/)

Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Each of the Credit Party Parties will, and will cause each all of its their Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for the normal conduct of its businessexcept (a) as permitted by Section 8.4 or (b) as would not have or be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Each of the Credit Party Parties will, and will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for except as permitted by Section 7.4 or except (with respect to rights, franchises and authority only) where the normal conduct of its businessfailure to do so would not have or be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Medical Staffing Network Holdings Inc), Credit Agreement (Medical Staffing Network Holdings Inc)

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Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Each Credit Party PartyThe Company will, and will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for the normal conduct of its businessexcept where failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Tractor Supply Co /De/)

Preservation of Existence and Franchises. Except as otherwise permitted under Section 8.5 and except as could not reasonably be expected to have a Material Adverse Effect, each Each of the Credit Party Parties will, and will cause each of its Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, rights, franchises and authority for authority, except where the normal conduct of its businessfailure to do so would not have a Material Adverse Effect or except as otherwise permitted by Section 8.4 or Section 8.5.

Appears in 1 contract

Samples: Credit Agreement (Anchor Holdings Inc)

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