Preservation of Licenses. Each Loan Party shall, and shall cause each of its Subsidiaries to, at all times preserve and keep in full force and effect all Material Licenses.
Appears in 4 contracts
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)
Preservation of Licenses. Each Loan Party shall, and shall cause each of its Subsidiaries to, at all times preserve preserve, renew and keep in full force and effect all Material Licenses, except for immaterial Licenses and Licenses which are no longer required in the conduct of such Loan Party’s or Subsidiary’s business and which cannot be sold or which have de minimis fair market value.
Appears in 3 contracts
Samples: Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Nuvera Communications, Inc.)
Preservation of Licenses. Each Loan Party shall, and shall cause each of its Subsidiaries to, at all times preserve and keep in full force and effect all Material Licenses, except for Licenses which are no longer required in the conduct of such Loan Party’s or Subsidiary’s business and which cannot be sold or which have de minimis fair market value.
Appears in 1 contract
Samples: Credit Agreement (Otelco Inc.)
Preservation of Licenses. Each Loan Party shall, and shall cause each of its Subsidiaries Subsidiaries6.3 to, at all times preserve and keep in full force and effect all Material Licenses.
Appears in 1 contract
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/)
