Examples of Permitted Corporate Reorganization in a sentence
The Borrower shall and, except as part of a Permitted Corporate Reorganization, shall cause each other Obligor and each Specified Entity to, maintain its corporate existence in good standing and qualify and remain duly qualified to carry on business and own property in each jurisdiction where the nature of its business makes such qualification necessary, except where failure to be so qualified would not reasonably have a Material Adverse Effect.
Except as contemplated by any Permitted Corporate Reorganization, the Borrower shall, and shall cause each other Obligor to, maintain its existence in good standing.
Except as contemplated by any Permitted Corporate Reorganization, the Borrower shall, and shall cause each other Subject Entity to, maintain its legal existence.
Except as contemplated by any Permitted Corporate Reorganization, the Parent shall, and shall cause each other Subject Entity (other than Rockcliff) to, maintain its existence in good standing.
Except as contemplated by any Permitted Corporate Reorganization, the Borrowers shall, and shall cause each other Subject Entity to, maintain its corporate existence in good standing.