Common use of Existence; Franchises Clause in Contracts

Existence; Franchises. The Borrower will, 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, licenses, permits, copyrights, trademarks and patents (if any) used in its business; provided, however, that nothing in this Section 9.04 shall prevent (i) sales or other dispositions of assets, consolidations, mergers, dissolutions or liquidations by or involving the Borrower or any of its Subsidiaries which are permitted in accordance with Section 10.02 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)

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Existence; Franchises. The Borrower will, and will cause each of its Subsidiaries to, do or cause to be done done, all things necessary to preserve and keep in full force and effect (x) its existence and its material (y) all rights, franchises, licenses, permits, copyrights, trademarks and patents (if any) used as are in the aggregate necessary for the conduct of its businessbusiness in the manner in which such business is being conducted as of the Effective Date; provided, however, that nothing in this Section 9.04 shall prevent (i) sales or of assets and other dispositions of assets, consolidations, mergers, dissolutions or liquidations transactions by or involving the Borrower or any of its Subsidiaries which are permitted in accordance with Section 10.02 10.05 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, Company in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Junior Intercreditor Agreement (Lee Enterprises, Inc)

Existence; Franchises. The Borrower will, and will cause each of its Subsidiaries to, do or cause to be done done, all things necessary to preserve preserve, renew and keep in full force and effect (x) its existence and its material (y) all rights, franchises, licenses, permits, copyrights, trademarks and patents (if any) used as are in the aggregate necessary for the conduct of its businessbusiness in the manner in which such business is being conducted as of the Effective Date; provided, however, that nothing in this Section 9.04 shall prevent (i) sales or of assets and other dispositions of assets, consolidations, mergers, dissolutions or liquidations trans-actions by or involving the Borrower or any of its Subsidiaries which are permitted in accordance with Section 10.02 10.05 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, Company in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises, Inc)

Existence; Franchises. The Borrower will, and will cause each of its Subsidiaries to, do or cause to be done done, all things necessary to preserve preserve, renew and keep in full force and effect (x) its existence and its material (y) all rights, franchises, licenses, permits, copyrights, trademarks and patents (if any) used as are in the aggregate necessary for the conduct of its businessbusiness in the manner in which such business is being conducted as of the Effective Date; provided, however, that nothing in this Section 9.04 shall prevent (i) sales or of assets and other dispositions of assets, consolidations, mergers, dissolutions or liquidations transactions by or involving the Borrower or any of its Subsidiaries which are permitted in accordance with Section 10.02 10.05 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, Company in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises, Inc)

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Existence; Franchises. The Borrower will, and will cause each of its Subsidiaries to, do or cause to be done done, all things necessary to preserve and keep in full force and effect (x) its existence and its material (y) all rights, franchises, licenses, permits, copyrights, trademarks and patents (if any) used as are in the aggregate necessary for the conduct of its businessbusiness in the manner in which such business is being conducted as of the Conversion Date; provided, however, that nothing in this Section 9.04 shall prevent (i) sales or of assets and other dispositions of assets, consolidations, mergers, dissolutions or liquidations transactions by or involving the Borrower or any of its Subsidiaries which are permitted in accordance with Section 10.02 or (ii) the withdrawal by the Borrower or any of its Subsidiaries of its qualification as a foreign corporation, partnership or limited liability company, as the case may be, Company in any jurisdiction if such withdrawal could not, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Exit Credit Agreement (Lee Enterprises, Inc)

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