Common use of Preservation of Rights and Properties Clause in Contracts

Preservation of Rights and Properties. Each Borrower will, and will cause each of its Subsidiaries to (unless a failure by such Subsidiary would not have a Material Adverse Effect), maintain and preserve the existence of the Borrowers and their Subsidiaries and all material public rights, privileges and franchises now enjoyed, and conduct its business in an orderly, efficient and customary manner.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ch2m Hill Companies LTD), Ch2m Hill Companies (Ch2m Hill Companies LTD)

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Preservation of Rights and Properties. Each Borrower will, and will cause each of its Subsidiaries to (unless a failure by such a Subsidiary would not have a Material Adverse Effect), maintain and preserve the existence of the Borrowers and their Subsidiaries and all material public rights, privileges and franchises now enjoyed, and conduct its their business in an orderly, efficient and customary manner.

Appears in 1 contract

Samples: Agreement (Ch2m Hill Companies LTD)

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Preservation of Rights and Properties. Each Borrower will, and ------------------------------------- will cause each of its Subsidiaries to (unless a failure by such a Subsidiary would not have a Material Adverse Effect), maintain and preserve the existence of the Borrowers and their Subsidiaries and all material public rights, privileges and franchises now enjoyed, and conduct its their business in an orderly, efficient and customary manner.

Appears in 1 contract

Samples: Credit Agreement (Ch2m Hill Companies LTD)

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