Common use of Preservation of Existence and Franchises Clause in Contracts

Preservation of Existence and Franchises. Except as would not result in a Material Adverse Effect, the Borrower 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.

Appears in 17 contracts

Samples: 364 Day Credit Agreement (Autozone Inc), 364 Day Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc)

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Preservation of Existence and Franchises. Except as would not result in a Material Adverse Effect, the The Borrower will, and will cause each of its Significant Subsidiaries to, do all things necessary to preserve and keep in full force and effect its existence, material rights, franchises and authority.

Appears in 2 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

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