Common use of Duties and Obligations of the Managers Clause in Contracts

Duties and Obligations of the Managers. (a) Except with respect to an action taken in accordance with Section 4.3(c)(iv), as long as any Securities are outstanding, the Board will take all action that may be necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in the activities in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect to an action taken in accordance with Section 4.3(c)(iv4.03(c)(v), as long as any Securities are outstanding, the Board will take all action that may be necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in the activities in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect Subject to an action taken in accordance with Section 4.3(c)(iv4.3(c)(iii), as long as any Securities are outstanding, the Board will of Managers shall take all action that may be necessary or appropriate for the continuation of the Company’s 's valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in conduct the activities business in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect to an action taken in accordance with Section 4.3(c)(iv3.3(c)(v), as long as any Securities are outstanding, the Board will take all action that may be necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member Member, the Holders, any Registered Pledgees or any Titling Company Noteholders or to enable the Company to engage in the activities in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect Subject to an action taken in accordance with Section 4.3(c)(iv4.3(c)(iii), as long as any Securities are outstanding, the Board of Managers will take all action that may be necessary or appropriate for the continuation of the Company’s 's valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in conduct the activities business in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect Subject to an action taken in accordance with Section 4.3(c)(iv4.3(c)(iii), as long as any Securities are outstanding, the Board of Managers will take all action that may be necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in conduct the activities business in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect Subject to an action taken in accordance with Section 4.3(c)(iv4.3(c)(iii), as long as any Securities are outstanding, the Board of Managers will take "all action that may be necessary or appropriate for the continuation of the Company’s company's valid existence as a limited liability company under the laws taws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in conduct the activities business in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect to an action taken in accordance with Section 4.3(c)(iv4.3(c)(v), as long as any Securities are outstanding, the Board will take all action that may be necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in the activities in which it is engaged).

Duties and Obligations of the Managers. (a) Except with respect Subject to an action taken in accordance with Section 4.3(c)(iv4.3(c)(iii), as long as any Securities are outstanding, the Board will of Managers shall take all action that may be maybe necessary or appropriate for the continuation of the Company’s valid existence as a limited liability company under the laws of the State of Delaware (and each other jurisdiction in which such existence is necessary to protect the limited liability of the Member or to enable the Company to engage in conduct the activities business in which it is engaged).