Common use of Continuing Existence Clause in Contracts

Continuing Existence. The Company will maintain its corporate existence, business, assets (except for dispositions in the ordinary course of business consistent with past practice) and foreign qualifications in all necessary jurisdictions, except where failure to maintain such qualifications would not reasonably be expected to have a material adverse effect on the Company.

Appears in 1 contract

Sources: Loan Agreement (Accumed International Inc)

Continuing Existence. The Company will maintain its corporate existence, business, assets (except for dispositions in the ordinary course of business consistent with past practice) and foreign qualifications in all necessary jurisdictions, except where failure to maintain such qualifications would not reasonably be expected to have a material adverse effect on the CompanyCompany and its subsidiaries considered as a whole.

Appears in 1 contract

Sources: Securities Purchase Agreement (FBR Capital Corp /Nv/)