CONTINUITY OF BUSINESS AND COMPLIANCE WITH AGREEMENT. Borrower shall continue in business in a prudent, reasonable and lawful manner with all licenses, permits, and qualifications necessary to perform its respective obligations under this Agreement, except where such failure could not be expected to materially and adversely affect such performance or the enforceability of Lender's security interest in the Collateral.
Appears in 4 contracts
Samples: Lending Agreement (Triad Financial Corp), Lending Agreement (Triad Financial Corp), Master Residual Loan Agreement (Triad Financial Corp)
CONTINUITY OF BUSINESS AND COMPLIANCE WITH AGREEMENT. Borrower shall continue in business in a prudent, reasonable and lawful manner with all licenses, permits, and qualifications necessary to perform its respective obligations under this Agreement, except where such failure could not be expected to materially and adversely affect such performance or the enforceability of Lender's the Agent’s security interest for the benefit of the Lenders in the Collateral.
Appears in 1 contract
