Common use of RIGHTS AND FACILITIES Clause in Contracts

RIGHTS AND FACILITIES. Borrower shall maintain and preserve all rights, franchises and other authority adequate for the conduct of its business. Borrower shall also maintain its properties, equipment and facilities in good order and repair and conduct its business in an orderly manner without voluntary interruption and maintain and preserve its existence.

Appears in 7 contracts

Samples: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.), Loan and Security Agreement (Stratus Services Group Inc), Loan and Security Agreement (Celtic Investment Inc)

AutoNDA by SimpleDocs

RIGHTS AND FACILITIES. Borrower shall maintain and preserve all rights, franchises and other authority adequate for the conduct of its business. Borrower shall also maintain its properties, equipment and facilities in good order and repair and conduct its business in an orderly manner without voluntary interruption and maintain and preserve its existence, other than as permitted hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Intervisual Books Inc /Ca)

AutoNDA by SimpleDocs

RIGHTS AND FACILITIES. Borrower shall maintain and preserve all rights, franchises rights and other authority adequate for the conduct of its business. Borrower shall also maintain its properties, equipment and facilities in good order and repair and conduct its business in an orderly manner without voluntary interruption and maintain and preserve its existence.

Appears in 1 contract

Samples: Credit Agreement (Pacificamerica Money Center Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.