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

Corporate Powers; Conduct of Business. The Borrowers shall, and shall cause each of the Guarantors 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 Borrowers will, and will cause each of the Guarantors 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 3 contracts

Samples: Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc)

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Corporate Powers; Conduct of Business. The Borrowers shallBorrower, and shall cause each of the Guarantors its Subsidiaries to, shall 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 Borrowers will, and Borrower will cause each of the Guarantors 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 (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)

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Corporate Powers; Conduct of Business. The Borrowers Each Borrower shall, and shall cause each of the Guarantors 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 Borrowers Each Borrower will, and will cause each of the Guarantors 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 conductedconducted and in fields of enterprise which are substantially similar, related or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

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