Common use of Corporate Existence Clause in Contracts

Corporate Existence. Subject to Article VII, the Company will 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), licenses and franchises of the Company; provided, however, that the Company will not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV hereof, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect (i) its corporate existence and (ii) the corporate existence, material rights (charter and statutory), licenses and franchises of the CompanyCompany and its Subsidiaries taken as a whole; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if the Board of Directors shall determine determines that the preservation thereof is no longer desirable in the conduct best interests of the business of the Company Company, and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VII9, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise right if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VII7, the Company will at all times do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and its rights and franchises; provided that nothing in this Section 9.4 shall prevent the corporate existence, rights (charter and statutory), licenses and franchises abandonment or termination of any right or franchise of the Company; provided, however, Company if it shall be determined that the Company will not be required to preserve any such existence, right, license abandonment or franchise if the Board of Directors shall determine that the preservation thereof termination is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses and franchises of the Companyfranchises; provided, however, that the Company will not be required to preserve any such existence, right, license or franchise if the Board of Directors it shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter existence and statutory), licenses corporate power and franchises authority of the CompanyCompany and each Restricted Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise corporate existence and corporate power and authority if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Restricted Subsidiaries taken as a whole.

Corporate Existence. Subject to Article VII6 hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine Company determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and any Restricted Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries as a whole.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence in accordance with its organizational documents and its rights (charter and statutory), licenses ) and franchises of the Companycorporate franchises; provided, howeverhowever , that the Company will shall not be required to preserve any such existenceright or franchise, right, license or franchise if (a) 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 that (b) the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVI, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any a material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors 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 is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to the rights of the Company under Article VIIXII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence in accordance with its organizational documents and the corporate existence, rights (charter and statutory), licenses ) and corporate franchises of the Company; provided, however, that the Company will shall not be required to preserve preserve, with respect to itself, any such existenceright or franchise, right, license or franchise if (a) 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 that (b) the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will 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), licenses ) and franchises of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and its Subsidiaries as a whole and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Except as otherwise provided in Article VIIIV, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate its existence, rights (charter and statutory), licenses and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if the Board of Directors it shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if the Board of Directors shall determine it determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Except as otherwise permitted under Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and will use its best efforts to do or cause to be done all things necessary to preserve and keep in full force and effect its rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VII8, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the foregoing shall not obligate the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the its business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holdersany Holder.

Corporate Existence. Subject to Article VIIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), ) licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company Company, and that the loss thereof is not, and will not adverse be, disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine determines that the preservation thereof of the right or franchise is no longer desirable in the conduct of the business of the Company and that the its loss thereof is will not adverse be disadvantageous in any material respect to the HoldersHolders of the Notes.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the HoldersHolders of Securities of any series or Tranche in any material respect.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and will use its best efforts to do or cause to be done all things necessary to preserve and keep in full force and effect its rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VII6, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine Company determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIX hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the its business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holdersholders of Debt Securities.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine determines that the preservation thereof of the right or franchise is no longer desirable in the conduct of the business of the Company and that the its loss thereof is will not adverse be disadvantageous in any material respect to the HoldersHolders of Securities of any series.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if the Board of Directors shall determine of the Company determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company Company, and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company Corporation will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCorporation and any Restricted Subsidiary; provided, however, that the Company will Corporation shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Corporation shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company Corporation and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter existence and statutory), all licenses and franchises permits material to the normal conduct of the Companyits business; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company Corporation will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCorporation and its Subsidiaries; provided, however, that the Company will Corporation shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Corporation shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCorporation.

Corporate Existence. Subject to Article VII10 hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine Company determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIXII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise right if the Board of Directors shall determine in good faith that the preservation thereof is no longer desirable in the conduct of the Company's business of the Company and that the loss thereof is not, and will not be, adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise 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 that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will 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 Restricted Subsidiary and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and each Restricted Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIARTICLE IV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise franchise, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, in accordance with its organizational documents, and the rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if in the judgment of the Board of Directors shall determine that the such preservation thereof or existence is no longer desirable in not material to the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and any Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries as a whole.

Corporate Existence. Subject to Article VIIV, the Company will Corporation shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will Corporation shall not be required to preserve any such existence, right, license right or franchise if the its Board of Directors or a committee thereof shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company Corporation and that the loss thereof is not adverse disadvantageous in any material respect to the HoldersOwners or Holders of the Warrants, as the case may be.

Corporate Existence. Subject to Article VII8, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence in accordance with its organizational documents and the corporate existence, rights (charter and statutory), licenses ) and corporate franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existenceright or franchise, rightif (a) the Company shall, license or franchise if the Board of Directors shall in good faith, reasonably determine that the preservation thereof is no longer desirable in the conduct of the its business of the Company and that (b) the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will 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 and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries as a whole.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate its existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors in good faith shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and its Subsidiaries; provided, however, that the Company will shall not be required -------- ------- to preserve any such existence, right, license right or franchise if the Board of Directors it shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and/or any Subsidiary and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its existence in accordance with its organizational documents (as the corporate existence, same may be amended from time to time) and the rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license franchise or franchise existence if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries taken as a whole.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors or senior management of the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence in accordance with its organizational documents and its rights (charter and statutory), licenses ) and franchises of the Companycorporate franchises; provided, however, that the Company will shall not be required to preserve any such existenceright or franchise, right, license or franchise if (a) 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 that (b) the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise franchise, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, -------- ------- that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIIX, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory)) and franchises; PROVIDED, licenses and franchises of the Company; provided, howeverHOWEVER, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence in accordance with its organizational documents and its rights (charter and statutory)) and corporate franchises; provided , licenses and franchises of the Company; provided, howeverhowever , that the Company will shall not be required to preserve any such existenceright or franchise, right, license or franchise if (a) 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 that (b) the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIARTICLE VIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIEight, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries taken as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and its rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the foregoing shall not obligate the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the its business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holdersany Holder.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence in accordance with its organizational documents and its rights (charter and statutory), licenses ) and franchises of the Companycorporate franchises; provided, however, that the Company will shall not be required to preserve any such existenceright or franchise, right, license or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries, taken as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, -------- ------- that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 50 right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right if an Officer (evidenced by an Officer’s Certificate) or franchise if the Board of Directors of the Company shall determine that the preservation thereof is no longer necessary or desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIEight, the Company will 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), licenses ) and franchises of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the HoldersHolder.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIARTICLE 11, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, its legal existence and rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the foregoing shall not obligate the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the its business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holdersany Holder.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any a material respect to the Holders.

Corporate Existence. Subject to the rights of the Company under Article VIIXIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect its existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is would not adverse adversely affect the interests of the Holders in any material respect to the Holdersrespect.”

Corporate Existence. Subject to Article VIIIV, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises corporate franchise of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or corporate franchise if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIX hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors 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 is not adverse disadvantageous in any material respect to the HoldersHolders of Debt Securities.

Corporate Existence. Subject to Article VIIXI, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory)) and franchises; PROVIDED, licenses and franchises of the Company; provided, howeverHOWEVER, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and material rights and franchises (charter and statutory), licenses and franchises of the Company; provided, howeverthat, that neither the Company will not shall be required to preserve any such existence, right, license right or franchise if the Board of Directors it shall determine that the preservation thereof is no longer necessary or desirable in the conduct of the business of the Company Company; and provided further, however, that the loss thereof is foregoing shall not adverse prohibit a sale, transfer or conveyance of a Subsidiary or any of its assets in any material respect to compliance with the Holdersterms of the Indenture.

Corporate Existence. Subject to Article VIIIX, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the CompanyCompany and its Subsidiaries; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if franchise, if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that its Subsidiaries taken as a whole and the loss thereof is not adverse disadvantageous in any material respect to the HoldersSecurityholders.

Corporate Existence. Subject to Article VII7, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VII6 hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall in good faith determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits subsidiaries considered as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and its rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the foregoing shall not obligate the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits business.

Corporate Existence. Subject to Article VIIEight, the Company will 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), licenses ) and franchises of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and its Subsidiaries as a whole and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company and its Subsidiaries will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise right if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries taken as a whole.

Corporate Existence. Subject to Article VIIARTICLE 6, the Company Corporation will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCorporation; provided, however, that the Company will Corporation shall not be required to preserve any such existenceright or franchise, right, license 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 Company Corporation taken as a whole and that the loss thereof is not, and will not be, adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VIISection 5.1, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise 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 that the loss thereof is not, and will not adverse be, disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders; provided, further, that the Company may convert to a limited liability company if it determines that it is in its best interests.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse disadvantageous in any material respect to the HoldersDebentureholders.

Corporate Existence. Subject to Article VIIEight hereof, the Company will shall do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, existence and its material rights (charter and statutory), licenses and franchises of the Companyfranchises; provided, however, provided that the Company will shall not be required to preserve any such existence, right, license or franchise 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 that the loss thereof is not adverse in any material respect to the Holdersits Restricted Subsidiaries, taken as a whole.

Corporate Existence. Subject to Article VII8, the Company Corporation will do or cause to be done all things necessary to preserve and keep in full force and effect its existence (corporate or other) and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCorporation; provided, however, that the Company will Corporation shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Corporation shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company Corporation and that the loss thereof is not adverse in any material respect to the Holdersits subsidiaries, taken as a whole.

Corporate Existence. Subject to Article VIIEight, the Company will 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), licenses ) and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise 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 that the loss thereof is not adverse disadvantageous in any material respect to the HoldersCompany.

Corporate Existence. Subject to Article VIIV, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine Trustees determines that the preservation thereof of the right or franchise is no longer desirable in the conduct of the business of the Company and that the its loss thereof is will not adverse be disadvantageous in any material respect to the HoldersHolders of Securities of any series.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter existence and statutory), licenses corporate power and franchises authority of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise corporate existence and corporate power and authority if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse in any material respect to the Holdersits Subsidiaries taken as a whole.

Corporate Existence. Subject to Article VII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate its existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse and is not reasonably likely to be disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIISection 7 of the Securities, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence in accordance with its organizational documents and the corporate existence, rights (charter and statutory), licenses and franchises of the Company; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise 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 that the loss thereof is not adverse in any material respect to the HoldersPurchasers.

Corporate Existence. Subject to Article VIIEight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses ) and franchises of the Company, Parent and any Restricted Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is its Subsidiaries as a whole and not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIEight, the Company will 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 Restricted Subsidiary and the corporate existence, rights (charter and statutory), licenses ) and franchises of the CompanyCompany and its Restricted Subsidiaries; provided, however, that the Company will shall not be required to preserve any such existence, right, license 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 Company and that the loss thereof is not adverse in any material respect to the Holdersits Restricted Subsidiaries considered as a whole.

Corporate Existence. Subject to Article VII7 hereof, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the its corporate existence, rights (charter and statutory), licenses ) and franchises of the Companyfranchises; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise if the Board of Directors shall determine Company determines that the preservation thereof is no longer desirable in the conduct of the business of the Company and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.

Corporate Existence. Subject to Article VIIVIII, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect the corporate existence, rights (charter existence and statutory), licenses and franchises corporate power of the CompanyCompany and each Subsidiary; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise corporate existence and corporate power if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Restricted Subsidiaries taken as a whole and that the loss thereof is not materially adverse in any material respect to the Holders.

Corporate Existence. Subject to Article VII9, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence, rights (charter and statutory), licenses and franchises of the CompanyCompany and its Subsidiaries; provided, however, that the Company will shall not be required to preserve any such existence, right, license or franchise if franchise, if, in the Board judgment of Directors shall determine that the Company, the preservation thereof is no longer desirable in the conduct of the business of the Company and that its Subsidiaries taken as a whole and the loss thereof is not adverse disadvantageous in any material respect to the HoldersSecurityholders.

Corporate Existence. Subject to Article VIIVIII, the Company will 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), licenses ) and franchises of the CompanyCompany and it Subsidiaries; provided, however, that the Company will shall not be required to preserve any such existence, right, license right or franchise of the Company or its Subsidiaries if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company or its Subsidiaries and that the loss thereof is not adverse disadvantageous in any material respect to the Holders.