Common use of Corporate Franchises Clause in Contracts

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; provided, however, that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 8 contracts

Samples: Credit Agreement (Inacom Corp), Credit Agreement (Inacom Corp), Credit Agreement (Carcomp Services Inc)

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Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries (other than any Immaterial Subsidiaries) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.02.

Appears in 6 contracts

Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rightscorporate existence, franchises rights and authority except to the extent that the failure to do businessso would not reasonably be expected to have a Material Adverse Effect; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.02.

Appears in 5 contracts

Samples: Credit Agreement (Cooper Companies Inc), Credit Agreement (Cooper Companies Inc), Term Loan Agreement (Cooper Companies Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, provided that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 4 contracts

Samples: Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, material rights and its material rightsauthority, franchises and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 3 contracts

Samples: Credit Agreement (Penhall Co), Credit Agreement (Universal Hospital Services Inc), Credit Agreement (Town Sports International Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, PROVIDED that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 3 contracts

Samples: Credit Agreement (Amerus Life Holdings Inc), Credit Agreement (Ceres Group Inc), Credit Agreement (Superior National Insurance Group Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Material Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, provided that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 3 contracts

Samples: Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Amerus Group Co/Ia)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries to doto, or cause to be done, do all such things as are necessary to preserve and keep in full force and effect maintain its corporate existence and its material rights, franchises and authority to do business; provided, however, that any transaction (except as permitted by Section 8.02 9.02) in good standing and will ensure that it has the right and is duly qualified to conduct its business as it is conducted in all applicable jurisdictions and will obtain and maintain all franchises and rights necessary for the conduct of its business, except, in the case of Subsidiaries that are not constitute Credit Parties, to the extent that a breach of this Section 7.05failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries -------------------- Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence and to preserve its material rightsrights and franchises, franchises and authority other than those the failure to do business; providedpreserve which could not reasonably be expected to have a Material Adverse Effect, however, provided that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 2 contracts

Samples: Credit Agreement (MJD Communications Inc), Assignment Agreement (MJD Communications Inc)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries Subsidiaries, to do, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and and, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect, its material rights, franchises franchises, licenses and authority to do patents used in its business; provided, however, that any transaction permitted by Section 8.02 9.02 will not constitute a breach of this Section 7.058.04.

Appears in 2 contracts

Samples: Security Agreement (Iasis Healthcare Corp), Southwest General Hospital Lp

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate, partnership or limited liability company existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.8.

Appears in 2 contracts

Samples: Loan Agreement (Moog Inc), Loan Agreement (Moog Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises qualification, franchises, licenses and authority permits; provided that nothing in this Section 8.5 shall be deemed to do business; provided, however, that prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.059.2.

Appears in 2 contracts

Samples: Pledge and Security Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority provided that nothing in this Section 8.5 shall be deemed to do business; provided, however, that prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.059.2.

Appears in 2 contracts

Samples: Credit Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its existence, material rights, franchises and authority to do business; providedauthority, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 2 contracts

Samples: Credit Agreement (National Tobacco Co Lp), Credit Agreement (National Tobacco Co Lp)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries to doto, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material existence, rights, franchises franchises, intellectual property and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 8.01 will not constitute a breach of this Section 7.057.04.

Appears in 2 contracts

Samples: Credit Agreement (Ametek Inc/), Credit Agreement (Ametek Inc/)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence and to preserve its material rightsrights and franchises, franchises and authority other than those the failure to do business; providedpreserve which could not reasonably be expected to have a Material Adverse Effect, however, provided that any transaction permitted by Section 8.02 9.02 or conducted in compliance with Section 4.03(b) will not constitute a breach of this Section 7.058.05.

Appears in 1 contract

Samples: Pledge Agreement (Fairpoint Communications Inc)

Corporate Franchises. The Each Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, and its material rights, franchises and authority to do business; providedbusiness to the extent material to such Borrower or such Subsidiary, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (Workflow Management Inc)

Corporate Franchises. The Borrower will dowill, and will cause each of -------------------- its Subsidiaries to doto, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material existence, rights, franchises franchises, intellectual property and authority to do business; provided, however, provided that any -------- transaction permitted by Section 8.02 8.01 will not constitute a breach of this Section 7.057.04.

Appears in 1 contract

Samples: Credit Agreement (Ametek Inc)

Corporate Franchises. The Borrower will do, and will cause each of -------------------- its Subsidiaries Consolidated Entities to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; provided, however, that any -------- ------- transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 1 contract

Samples: Credit Agreement (Physicians Quality Care Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries -------------------- Material Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, provided that any transaction permitted by Section 8.02 will not constitute a -------- breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels Inc)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries Subsidiaries, to do, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and and, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect, its material rights, franchises franchises, licenses and authority to do patents used in its business; provided, however, that any transaction permitted by Section 8.02 10.02 will not constitute a breach of this Section 7.059.04.

Appears in 1 contract

Samples: Credit Agreement (Iasis Healthcare Corp)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries to doto, do or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its existence, material rights, franchises rights and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 8.1 will not constitute a breach of this Section 7.057.4.

Appears in 1 contract

Samples: Credit Agreement (Grand Union Co /De/)

Corporate Franchises. The Borrower will do, and will cause each -------------------- of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; provided, however, business to the extent material to any Credit Party or to the Borrower and the other Credit Parties taken as a whole provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (U S a Floral Products Inc)

Corporate Franchises. The Each Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rightscorporate existence, franchises rights and authority except to the extent that the failure to do businessso would not reasonably be expected to have a Material Adverse Effect; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.02.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

Corporate Franchises. The Borrower Borrowers will do, and will cause each of its their Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, material rights and its material rightsauthority, franchises and authority to do business; provided, however, that any transaction permitted by Section 8.02 9.02 will not constitute a breach of this Section 7.058.08.

Appears in 1 contract

Samples: Presstek Inc /De/

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, and its material rights, franchises and authority to do business; providedbusiness to the extent material to the Borrower or such Subsidiary, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (Workflow Management Inc)

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Corporate Franchises. The Borrower will do, and will cause each of its Material Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.02.

Appears in 1 contract

Samples: Credit Agreement (Esco Technologies Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority provided that nothing in this Section 7.5 shall be deemed to do business; provided, however, that prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.058.2.

Appears in 1 contract

Samples: Term Loan Agreement (American Dental Partners Inc)

Corporate Franchises. The Borrower will do, and will cause each Credit Party and each of its respective Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; provided, however, that any transaction permitted by Section 8.02 8.2(e) will not constitute a breach of this Section 7.057.5.

Appears in 1 contract

Samples: Loan Agreement (Grey Wolf Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and franchises, authority to do business, licenses and patents, except for rights, franchises, authority to do business, licenses and patents the loss of which (individually or in the aggregate) could not reasonably be expected to have a Material Adverse Effect; provided, however, that any transaction permitted by Section 8.02 9.02 will not constitute a breach of this Section 7.058.05.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Corporate Franchises. The Each Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority provided that nothing in this Section 8.5 shall be deemed to do business; provided, however, that prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.059.2.

Appears in 1 contract

Samples: Credit Agreement (Gibraltar Industries, Inc.)

Corporate Franchises. The Borrower will do, and will cause each of its Restricted Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises franchises, licenses, permits and authority Intellectual Property rights except to the extent its failures to do businessso would not, in the aggregate, be reasonably be expected to have a Material Adverse Effect; provided, however, that any transaction permitted by Section 8.02 9.02 will not constitute a breach of this Section 7.058.04.

Appears in 1 contract

Samples: Credit Agreement (Primedia Inc)

Corporate Franchises. The Each Borrower will do, and will cause -------------------- each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its material rights, franchises and authority to do business; providedbusiness to the extent material to any Credit Party or to the US Borrower and the other Credit Parties taken as a whole, however, provided that any transaction permitted by Section 8.02 will not constitute a -------- breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (U S a Floral Products Inc)

Corporate Franchises. The Borrower will dowill, and will cause each of its Subsidiaries to doto, do or cause to be done, all things necessary in the reasonable business judgment of such Borrower and such Subsidiaries to preserve and keep in full force and effect its existence and its existence, material rights, franchises franchises, licenses, patents and authority to do business, except where the failure to do so could not be reasonably expected to have a Material Adverse Effect; provided, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.04.

Appears in 1 contract

Samples: Credit Agreement (Hvide Marine Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority except where the failure to do businessso is not reasonably likely to have a Material Adverse Effect; provided, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (Trenwick Group Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries Subsidiary to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 1 contract

Samples: Credit Agreement (Fremont General Corp)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will 7.02 (other than any Subsidiary that is not constitute a breach Credit Party and has total assets of this Section 7.05less than $1,000,000).

Appears in 1 contract

Samples: Credit Agreement (Viasys Healthcare Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rightsauthority, franchises and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 section 8.2 will not constitute a breach of this Section 7.05section 7.5.

Appears in 1 contract

Samples: Credit Agreement (Vencor Inc)

Corporate Franchises. The Each Borrower will do, and will cause each of -------------------- its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, and its material rights, franchises and authority to do business; providedbusiness to the extent material to such Borrower or such Subsidiary, however, provided that any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.05.

Appears in 1 contract

Samples: Credit Agreement (Workflow Management Inc)

Corporate Franchises. The Borrower will do, and will cause each of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence corporate existence, rights and its material rights, franchises and authority to do businessauthority; provided, however, that nothing in this Section shall be deemed to prohibit any transaction permitted by Section 8.02 will not constitute a breach of this Section 7.057.02.

Appears in 1 contract

Samples: Credit Agreement (Standex International Corp/De/)

Corporate Franchises. The Borrower will do, and will cause each -------------------- of its Subsidiaries to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence existence, material rights and its material rightsauthority, franchises and authority to do business; provided, however, provided that any transaction permitted by Section 8.02 will not constitute a ------------ breach of this Section 7.05.. ------------

Appears in 1 contract

Samples: Credit Agreement (Geo Specialty Chemicals Inc)

Corporate Franchises. The Borrower Borrowers will do, and will cause each of its Subsidiaries other Credit Party to do, or cause to be done, all things necessary to preserve and keep in full force and effect its existence and its existence, material rights, franchises and authority to do business; providedauthority, however, provided that any transaction permitted by Section 8.02 7.02 will not constitute a breach of this Section 7.056.05.

Appears in 1 contract

Samples: Resort at Summerlin Inc

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