Common use of Preservation of Legal Existence Clause in Contracts

Preservation of Legal Existence. The Borrower will preserve and maintain its legal existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, efficient and regular manner.

Preservation of Legal Existence. The Borrower will shall preserve and maintain its legal existence existence, rights, franchises and all privileges in the jurisdiction of its rightsorganization, privileges and franchises necessary qualify and remain qualified in good standing in each jurisdiction where the failure to so preserve and maintain or desirable in the normal conduct of its business and shall conduct its business in an orderly, efficient and regular mannerqualify could reasonably be expected to have a Material Adverse Effect.

Preservation of Legal Existence. The Borrower will preserve and maintain its legal existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, efficient and regular manner, except the Borrower shall not be required to do so to the extent that failure to do so would not result in a Material Adverse Effect.

Preservation of Legal Existence. The Borrower will preserve and maintain maintain, and will cause each other Credit Party to preserve and maintain, its legal existence and all of its rights, privileges and franchises necessary or desirable in the normal conduct of its business and shall conduct its business in an orderly, efficient and regular manner.

Preservation of Legal Existence. The Borrower will preserve and maintain (a) its legal existence and (b) all of its Licenses, rights, privileges and franchises necessary or desirable in the normal conduct of its business and shall conduct conduct, and cause each other Borrower to conduct, its business in an orderly, efficient and regular manner.