Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 4 contracts
Samples: Loan and Security Agreement (Versar Inc), Loan and Security Agreement (Widepoint Corp), Loan and Security Agreement (Versar Inc)
Conduct of Business and Maintenance of Existence. The Each of the Borrower will and its Material Subsidiaries shall continue to engage in business of the same general type as now conducted by the Borrower, it and will preserve, renew and keep in full force and effect its corporate existence and its take all reasonable action to maintain all material rights, privileges privileges, franchises, approvals, licenses and franchises concessions necessary or desirable in the normal conduct of its business.
Appears in 3 contracts
Samples: Loan Agreement (Telefonos De Mexico S a De C V), Loan Agreement (Telefonos De Mexico S a B De C V), Loan Agreement (Telefonos De Mexico S a De C V)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect effect, its corporate existence and its respective rights, privileges and franchises necessary or desirable in for the normal conduct of business.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc), Revolving Credit Agreement (Trinet Corporate Realty Trust Inc)
Conduct of Business and Maintenance of Existence. The Said Borrower will continue continue, and will cause each of its Subsidiaries to continue, to engage in business of the same general type as now conducted by the Borrowersaid Borrower or such Subsidiary, and will preserve, renew and keep in full force and effect effect, and will cause each of its Subsidiaries to preserve, renew and keep in full force and effect, their respective corporate existence and its their respective rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 2 contracts
Samples: Secured Credit Agreement (Microstrategy Inc), Secured Credit Agreement (Microstrategy Inc)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of its business.
Appears in 2 contracts
Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and each will preserve, renew and keep in full force and effect effect, its corporate partnership and trust existence and its respective rights, privileges and franchises necessary or desirable in for the normal conduct of businessbusiness unless the failure to maintain such rights and franchises does not have a Material Adverse Effect.
Appears in 2 contracts
Samples: Senior Subordinated Term Loan Agreement (Merry Land Properties Inc), Senior Term Loan Agreement (Merry Land Properties Inc)
Conduct of Business and Maintenance of Existence. The ------------------------------------------------ Borrower will continue to engage in business of the same general type as now conducted by the Borrower, it and will preserve, renew and keep in full force and effect its corporate existence and its take all reasonable action to maintain all material rights, privileges and franchises necessary or desirable in the normal conduct of its business., except, in each case, as otherwise permitted by Section 7.2.6. -------------
Appears in 2 contracts
Samples: Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrowerit, and will preserve, renew and keep in full force and effect effect, its corporate existence as a business trust and its rights, privileges and franchises necessary or desirable in the normal conduct of its business.
Appears in 2 contracts
Samples: Credit Agreement (Van Kampen Merritt Prime Rate Income Trust), Credit Agreement (Van Kampen American Capital Prime Rate Income Trust)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect effect, its corporate existence and its respective rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Avalon Properties Inc), Revolving Credit Agreement (Avalon Properties Inc)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect its corporate existence and its all rights, privileges privileges, contracts and franchises leases necessary or desirable in for the normal conduct of Borrower’s business. The Borrower will also continue to conduct its business in an orderly manner without voluntary interruption and remain qualified to do business in the State and in each other jurisdiction where such qualification is required.
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Conduct of Business and Maintenance of Existence. The Borrower will shall continue to engage in business of the same general type as now being conducted by the Borrower, and will preserve, renew do and cause to be done all things necessary to maintain and keep in full force and effect its corporate or limited liability company existence and its rights, privileges and franchises necessary or desirable (as applicable) in the normal conduct of good standing in each jurisdiction in which it conducts business.
Appears in 1 contract
Samples: Credit Agreement (International Assets Holding Corp)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the BorrowerBorrower and its Subsidiaries, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Borrower will shall continue to engage in business of the same general type in all material respects as now conducted by the Borrower, it and will preserve, renew and keep in full force and effect its corporate existence and its take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in for the normal conduct of its business. Borrower shall comply with all Contractual Obligations and Requirements of Law.
Appears in 1 contract
Samples: Subordinated Loan and Security Agreement (Riviera Tool Co)
Conduct of Business and Maintenance of Existence. The ------------------------------------------------ Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect effect, its corporate existence and its respective rights, privileges and franchises necessary or desirable in for the normal conduct of business.
Appears in 1 contract
Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc)
Conduct of Business and Maintenance of Existence. The Each Borrower will continue to engage in business of the same general type as now conducted by the each Borrower, and will preserve, renew and keep in full force and effect effect, its corporate partnership existence and its respective rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as it now conducted by conducts (except to the Borrower, extent otherwise contemplated on the Closing Date and reflected in the Approved Budget) and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of its business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect its corporate existence all rights; privileges, contracts and its rights, privileges and franchises leases necessary or desirable in for the normal conduct of Borrower's business. The Borrower will also continue to conduct its business in an orderly manner without voluntary interruption and remain qualified to do business in the State and in each other jurisdiction where such qualification is required.
Appears in 1 contract
Samples: Reimbursement Agreement
Conduct of Business and Maintenance of Existence. The Each Borrower will shall continue to engage in business of the same general type as now conducted by the Borrowerconducted, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of businessbusiness and which are material to each Borrower and each of the other Guarantors.
Appears in 1 contract
Samples: Security Agreement (Total Tel Usa Communications Inc)
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the BorrowerBorrower and any of its affiliates, if any, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Second Lien Term Loan Agreement (Summer Energy Holdings Inc)
Conduct of Business and Maintenance of Existence. The Borrower will continue continue, and will cause each of its Subsidiaries to continue, to engage in business of the same general type as now conducted by the BorrowerBorrower or said Subsidiary, and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Each Borrower will continue to engage in business of the same general type as now conducted by the such Borrower, and will preserve, renew and keep in full force and effect effect, its corporate existence trust, corporate, partnership or limited liability company existence, as applicable, and its respective rights, privileges and franchises necessary or desirable in for the normal conduct of business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Borrower will shall continue to engage in business of the same general type as now conducted by the Borrower, and will preserve, renew and keep in full force and effect its corporate company existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sunrise Assisted Living Inc)
Conduct of Business and Maintenance of Existence. The Borrower will continue continue, and will cause each of its Subsidiaries to continue, to engage in business of the same general type as now conducted by the BorrowerBorrower and its Subsidiaries, and will preserve, renew and keep in full force and effect effect, and will cause each of its Subsidiaries to preserve, renew and keep in full force and effect, their respective corporate existence and its their respective rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Samples: Credit Agreement (Trex Co Inc)
Conduct of Business and Maintenance of Existence. The Borrower will Borrowers shall continue to engage in business of the same general type in all material respects as now conducted by the Borrower, their and will preserve, renew and keep in full force and effect its corporate their existence and its take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in for the normal conduct of their business. Borrowers shall comply with all Contractual Obligations and Requirements of Law.
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Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, Borrower and any of its affiliates and will preserve, renew and keep in full force and effect its corporate existence and its rights, privileges and franchises necessary or desirable in the normal conduct of business.
Appears in 1 contract
Conduct of Business and Maintenance of Existence. The Borrower will continue to engage in business of the same general type as now conducted by the Borrower, and will shall preserve, renew and keep in full force and effect its corporate existence and its take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business; and comply with all Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, individually or in the aggregate, have a Material Adverse Effect.
Appears in 1 contract
