Common use of Corporate Powers; Conduct of Business Clause in Contracts

Corporate Powers; Conduct of Business. The Borrower shall, and shall cause each of its Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 17 contracts

Samples: Credit Agreement (Landcare Usa Inc), Credit Agreement (Metals Usa Inc), Credit Agreement (Printpack Inc)

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Corporate Powers; Conduct of Business. The Borrower shall, and shall cause each of its Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could would reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 5 contracts

Samples: Assignment and Assumption Agreement (Quixote Corp), Credit Agreement (Woodward Governor Co), Credit Agreement (Quixote Corp)

Corporate Powers; Conduct of Business. The Except in connection with a transaction otherwise permitted under the terms of this Agreement, the Borrower shall, and shall cause each of its Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could would reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 2 contracts

Samples: Long Term Credit Agreement (Ball Corp), Term Credit Agreement (Ball Corp)

Corporate Powers; Conduct of Business. The Borrower shall, and shall cause each of its Restricted Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Restricted Subsidiary to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 2 contracts

Samples: Credit Agreement (Gfsi Inc), Credit Agreement (Gfsi Inc)

Corporate Powers; Conduct of Business. The Borrower shall, and ------------------------------------- shall cause each of its Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

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Corporate Powers; Conduct of Business. The Borrower Borrowers shall, and shall cause each of its their Subsidiaries to, qualify and remain qualified to do business in each jurisdiction in which the nature of its their business requires it them to be so qualified and where the failure to be so qualified will have or could reasonably be expected to have a Material Adverse Effect. The Borrower Borrowers will, and will cause each Subsidiary to, carry on and conduct its business their businesses in substantially the same manner and in substantially the same fields of enterprise as it is they are presently conducted.

Appears in 1 contract

Samples: Credit Agreement (American Architectural Products Corp)

Corporate Powers; Conduct of Business. The Borrower shall, and shall cause each of its Subsidiaries toSubsidiaries, to qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could is reasonably be expected likely to have a Material Adverse Effect. The Parent and the Borrower will, and will cause each Subsidiary of their respective Subsidiaries to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 1 contract

Samples: Credit Agreement (Archibald Candy Corp)

Corporate Powers; Conduct of Business. The Borrower shall, and shall cause each of its Subsidiaries (other than Alliance) to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified and where the failure to be so qualified will have or could is reasonably be expected likely to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary (other than Alliance) to, carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted.

Appears in 1 contract

Samples: Credit Agreement (SCP Pool Corp)

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