Common use of Preservation of Existence Clause in Contracts

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organization, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have result in a Material Adverse EffectChange.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation incorporation and the limited liability company agreement by-laws and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have result in a Material Adverse EffectChange.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation incorporation and the limited liability company agreement by-laws and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have result in a Material Adverse EffectChange.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organizationformation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation organization and the limited liability company operating agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organization, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation incorporation and the limited liability company agreement by-laws and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation incorporation and the limited liability company agreement by-laws and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation incorporation and the limited liability company agreement by-laws and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification qualification, and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the or limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises franchises, licenses, permits and privileges in the jurisdiction of its organization, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified preserve and maintain such rights, franchises, privileges, licenses, permits and qualifications could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organization, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.. DB1/ 121185831.1121185831.9 74

Preservation of Existence. (i) Observe all procedures required by its certificate or articles of formation organization and the limited liability company operating agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organization, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.. ACTIVE 200146376v.2

Preservation of Existence. (i) Observe all procedures required by its certificate of formation incorporation and the limited liability company agreement regulations and preserve and maintain its limited liability company corporate existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company corporation in each other jurisdiction where the nature of its business requires such qualification qualification, and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have a Material Adverse Effect.

Preservation of Existence. (i) Observe all procedures required by its certificate of formation and the limited liability company agreement and preserve and maintain its limited liability company existence, rights, franchises and privileges in the jurisdiction of its organizationincorporation, and (ii) qualify and remain qualified in good standing as a foreign limited liability company in each other jurisdiction where - 62 - the nature of its business requires such qualification and where, in the case of clause (ii), the failure to be so qualified could reasonably be expected to have result in a Material Adverse EffectChange.