Common use of Preservation of Existence; Licenses Clause in Contracts

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Guaranty (Claros Mortgage Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.), Guaranty (Claros Mortgage Trust, Inc.)

AutoNDA by SimpleDocs

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the its material rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Guaranty (Blackstone Mortgage Trust, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.), Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Guaranty (Granite Point Mortgage Trust Inc.), Guaranty (Colony NorthStar Credit Real Estate, Inc.), Guaranty (Granite Point Mortgage Trust Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and in all material respects all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Guaranty (Fortress Credit Realty Income Trust), Guaranty (Colony Credit Real Estate, Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, Guaranty except where to the extent that any failure to comply could do so would not be reasonably likely to have result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (Cim Real Estate Finance Trust, Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where to the extent that any failure to comply could do so would not be reasonably likely to have result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (Cim Real Estate Finance Trust, Inc.)

AutoNDA by SimpleDocs

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and in all material respects all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under the making of any payment when due pursuant to the provisions of this Guaranty, except where to the extent the failure to comply could maintain any such rights, privileges, licenses, permits and franchises would not be reasonably likely to have a Material Adverse Effectmaterial adverse effect on this Guaranty or Guarantor’s obligations hereunder.

Appears in 1 contract

Samples: Guaranty (Terra Property Trust, Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and all of the material rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Guaranty (Colony NorthStar Credit Real Estate, Inc.)

Preservation of Existence; Licenses. Guarantor shall at all times maintain and preserve its legal existence and in all material respects all of the rights, privileges, licenses, permits and franchises necessary for the operation of its business and for its performance under the making of any payment when due pursuant to the provisions of this Guaranty, except where failure to comply could not be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Guaranty (Granite Point Mortgage Trust Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!