Common use of Preservation of Legal Existence Clause in Contracts

Preservation of Legal Existence. It shall preserve and maintain its legal existence, rights, franchises and privileges in the jurisdiction of its organization, and qualify and remain qualified in good standing as a corporation in each jurisdiction where the failure to preserve and maintain such qualification could reasonably be expected to have Material Adverse Effect.

Preservation of Legal Existence. It shall preserve and maintain its legal existence, rights, franchises and privileges in the jurisdiction of its organization, and qualify and remain qualified in good standing as a corporation in each jurisdiction where the failure to so preserve and maintain such qualification or qualify could reasonably be expected to have a Material Adverse Effect.

Preservation of Legal Existence. It shall preserve Preserve and maintain its legal existence, rights, franchises and privileges in the jurisdiction of its organization, and qualify and remain qualified in good standing as a corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Seller Material Adverse Effect.

Preservation of Legal Existence. It shall preserve Preserve and maintain maintain, its legal existence, rights, franchises and privileges in the jurisdiction of its organization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where in which the failure to preserve and maintain such qualification could be so qualified would reasonably be expected to have Material Adverse Effecta material adverse effect on its business including its financial condition, properties and results of operations.