Preservation of Existence. It shall do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company and take all reasonable action to maintain its rights and franchises in the jurisdiction of its formation and (ii) qualify and remain qualified as a limited liability company in good standing in each jurisdiction where the failure to qualify and remain qualified would reasonably be expected to have a Material Adverse Effect.
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Samples: Loan and Servicing Agreement (Blue Owl Capital Corp III), Financing and Servicing Agreement (Capital Southwest Corp), Loan and Servicing Agreement (Antares Strategic Credit Fund)
Preservation of Existence. It shall do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company and take all reasonable action to corporate existence, (ii) maintain its rights and franchises in the jurisdiction of its formation and (iiiii) qualify and remain qualified as a limited liability company to do business in good standing in each any other jurisdiction where the failure to qualify and remain qualified would reasonably be expected to have a Material Adverse Effect.
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Samples: Loan and Security Agreement (North Haven Private Income Fund LLC)
Preservation of Existence. It shall do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company and take all reasonable action to existence, (ii) maintain its rights and franchises in the jurisdiction of its formation and (iiiii) qualify and remain qualified as a limited liability company to do business in good standing in each any other jurisdiction where the failure to qualify and remain qualified would reasonably be expected to have a Material Adverse Effect.
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Samples: Loan and Servicing Agreement (MSD Investment Corp.)
Preservation of Existence. It shall do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company in the corporate form in which it has been formed, and take all reasonable action to maintain its rights and franchises in the jurisdiction of its formation and (ii) qualify and remain qualified in all material respects as a limited liability company an entity in the corporate form in which it has been formed, in good standing in each jurisdiction applicable jurisdiction, except where the failure to qualify and remain qualified would could not reasonably be expected to have a Material Adverse Effect.
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Samples: Loan and Servicing Agreement (Ares Strategic Income Fund)
Preservation of Existence. It shall do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company and take all reasonable action to corporate existence, (ii) maintain its rights and franchises in the jurisdiction of its formation and (iiiii) qualify and remain qualified as a limited liability company to -106- do business in good standing in each any other jurisdiction where the failure to qualify and remain qualified would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Loan and Security Agreement (North Haven Private Income Fund LLC)
Preservation of Existence. It shall do Do or cause to be done all things necessary to (i) preserve and keep in full force and effect its existence as a limited liability company and take all reasonable action to maintain its material rights and franchises in the jurisdiction of its formation and (ii) qualify and remain qualified as a limited liability company in good standing and validly existing in each jurisdiction where the failure to qualify and remain qualified would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
