Section 1004. Corporate Existence Sample Clauses

Section 1004. Corporate Existence. Subject to Article Eight, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence and related rights and franchises (charter and statutory) of the Company and each Subsidiary; provided, however, that the Company shall not be required to preserve any such right or franchise or the corporate existence of any such Subsidiary if the Board of Directors of the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries as a whole and that the loss thereof would not reasonably be expected to have a material adverse effect on the ability of the Company to perform its obligations hereunder; and provided, further, however, that the foregoing shall not prohibit a sale, transfer or conveyance of a Subsidiary or any of its assets in compliance with the terms of this Indenture.
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Section 1004. Corporate Existence. Subject to Article Eight, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and material rights and franchises (charter and statutory); provided , that, the Company shall not be required to preserve any such right or franchise if it shall determine that the preservation thereof is no longer necessary or desirable in the conduct of the business of the Company; and provided further , that the foregoing shall not prohibit a sale, transfer or conveyance of a Subsidiary or any of its assets in compliance with the terms of the Indenture.
Section 1004. Corporate Existence. Subject to Article VIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory), licenses and franchises; provided, however, that the Company will not be required to preserve any such right, license or franchise if it shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company.
Section 1004. Corporate Existence. Subject to Article Eight, Parent and the Issuer shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter and statutory) and franchises of Parent, the Issuer and each Subsidiary of the Issuer; provided, however, that Parent and the Issuer shall not be required to preserve, with respect to Parent or the Issuer, respectively, any such right or franchise or, with respect to any such Subsidiary (subject to all the other covenants in this Indenture), any such corporate existence, right or franchise, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of Parent and its Subsidiaries taken as a whole or the Issuer and its Subsidiaries taken as a whole, respectively and that, in each case, the loss thereof is not disadvantageous in any material respect to the Holders.
Section 1004. Corporate Existence. Subject to Article Eight, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and that of each Subsidiary of the Company and the corporate rights (charter and statutory), corporate licenses and corporate franchises of the Company and its Subsidiaries; provided that the Company shall not be required to preserve any such existence (except of the Company), right, license or franchise if the Board of Directors of the Company, or of the Subsidiary concerned, shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company or such Subsidiary and that the loss thereof is not disadvantageous in any material respect to the Holders.
Section 1004. Corporate Existence. 46 Section 1005 - Maintenance of Properties.......................................................46 Section 1006 - Payment of Taxes and Other Claims...............................................46 Section 1007 - Statement as to Compliance......................................................46 Section 1008 - Waiver of Certain Covenants.....................................................47 Article XI - Redemption of Securities...................................................................48 Section 1101 - Applicability of Article........................................................48 Section 1102 - Election to Redeem; Notice to Trustee...........................................48 Section 1103 - Selection by Trustee of Securities to be Redeemed...............................48 Section 1104 - Notice of Redemption............................................................49 Section 1105 - Deposit of Redemption Price.....................................................49 Section 1106 - Securities Payable on Redemption Date...........................................49 Section 1107 - Securities Redeemed in Part.....................................................50 Article XII - Meetings of Holders of Securities.........................................................50 Section 1201 - Purposes for Which Meetings May Be Called.......................................50 Section 1202 - Manner of Calling Meetings......................................................51 Section 1203 - Call of Meetings by Company or Holders..........................................51 Section 1204 - Who May Attend and Vote at Meetings.............................................51 Section 1205 - Regulations May be Made by Trustee..............................................51 Section 1206 - Evidence of Actions by Holders..................................................52 Section 1207 - Exercise of Rights of Trustee and Holders Not to be Hindered or Delayed...........................................................52
Section 1004. Corporate Existence. 55 SECTION 1005.
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Section 1004. Corporate Existence. Subject to Article Eight, the Issuer shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter and statutory) and franchises of the Issuer and each Subsidiary of the Issuer; provided, however, that the Issuer shall not be required to preserve, with respect to the Issuer, any such right or franchise or, with respect to any such Subsidiary (subject to all the other covenants in this Indenture), any such corporate existence, right or franchise, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Issuer and its Subsidiaries taken as a whole and that, in each case, the loss thereof is not disadvantageous in any material respect to the Holders.
Section 1004. Corporate Existence. Subject to Article Eight, the Issuer and, upon and after the Securities Assumption, Parent and the Issuer shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter and statutory) and franchises of Parent (solely upon and after the Securities Assumption), the Issuer and each Subsidiary of the Issuer; provided, however, that Parent and the Issuer shall not be required to preserve, with respect to Parent or the Issuer, respectively, any such right or franchise or, with respect to any such Subsidiary (subject to all the other covenants in this Indenture), any such corporate existence, right or franchise, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of Parent and its Subsidiaries taken as a whole or the Issuer and its Subsidiaries taken as a whole, respectively and that, in each case, the loss thereof is not disadvantageous in any material respect to the Holders.
Section 1004. Corporate Existence. Subject to Article Eight, the Company and, so long as any Securities in respect of which Subsidiary Guarantees have been issued are Outstanding, the Subsidiary Guarantors shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and material rights and franchises (charter and statutory); provided, however, that neither the Company nor any of the Subsidiary Guarantors shall be required to preserve any such right or franchise if it shall determine that the preservation thereof is no longer necessary or desirable in the conduct of the business of the Company; and provided further, however, that the foregoing shall not prohibit a sale, transfer or conveyance of a Subsidiary or any of its assets in compliance with the terms of the Indenture.
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