Required Licenses, Permits, Etc. Borrower shall duly and lawfully obtain and maintain in full force and effect, and shall cause its Subsidiaries to obtain and maintain in full force and effect, all Required Licenses as appropriate for the business being conducted and properties owned by Borrower or such Subsidiaries at any given time except where the failure to obtain or maintain such Required Licenses could not reasonably be expected to result in a Material Adverse Effect.
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Sources: Credit Agreement (Pilgrims Pride Corp), Senior Unsecured Term Loan Agreement (Pilgrims Pride Corp), Credit Agreement (Pilgrims Pride Corp)
Required Licenses, Permits, Etc. Borrower shall duly and lawfully obtain and maintain in full force and effect, and shall cause its Restricted Subsidiaries to obtain and maintain in full force and effect, all Required Licenses as appropriate for the business being conducted and properties owned by Borrower or such Restricted Subsidiaries at any given time except where time; provided, however, that the failure of Borrower to obtain or maintain comply with this Section shall not constitute an Event of Default unless such Required Licenses failure could not reasonably be expected to result in have a Material Adverse Effect.
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