Common use of Existence, Properties, Etc Clause in Contracts

Existence, Properties, Etc. The Borrower shall (a) do or cause to be done all things necessary to preserve and keep in full force and effect its existence, all material rights and franchises and comply in all material respects with all Governmental Requirements applicable to it and (b) at all times maintain, preserve and protect all necessary franchises and trade names and preserve such of its property as the Borrower reasonably determines at any date of determination to be useful in the conduct of its business and keep the same in good repair, working order and condition, and from time to time make, or cause to be made, all needful and proper repairs, renewals and replacements, betterments and improvements thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and the failure to do which would have a material adverse effect on the Borrower; and at all times keep its insurable properties adequately insured and maintain, and pay all premiums and costs of, (i) insurance on its properties to such extent and against such risks, including fire, as is customary with companies in the same or a similar business, (ii) necessary workmen's compensation insurance and (iii) such other insurance (including liability insurance) as may be required by law or as may otherwise be customarily maintained by companies in the same or a similar business.

Existence, Properties, Etc. The Borrower Borrowers shall, and (to the extent of its right to do so) shall cause each other Consolidated Entity to (a) do or cause to be done all things necessary to preserve and keep in full force and effect its existence, all material rights and franchises and comply in all material respects with all Governmental Requirements applicable to it and (b) at all times maintain, preserve and protect all necessary franchises and trade names and preserve such all of its property as the Borrower reasonably determines at any date of determination to be used or useful in the conduct of its business and keep the same in good repair, working order and condition, and from time to time make, or cause to be made, all needful and proper repairs, renewals and replacements, betterments and improvements thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and the failure to do which would have a material adverse effect on the Borrower; and at all times keep its insurable properties adequately insured and maintain, and pay all premiums and costs of, maintain (i) insurance on its properties to such extent and against such risks, including fire, as is customary with companies in the same or a similar business, (ii) necessary workmen's compensation insurance and (iii) such other insurance (including liability insurance) as may be required by law or as may otherwise be customarily maintained by companies in the same or a similar business.

Existence, Properties, Etc. The Borrower shall shall: (a) do or cause to be done all things necessary to preserve and keep in full force and effect its existence, all material rights rights, and franchises and comply in all material respects with all Governmental Requirements laws applicable to it and it. (b) continue the business of Borrower substantially as conducted and operated during the present and preceding calendar year; (c) at all times maintain, preserve preserve, and protect or cause to be maintained, preserved, and protected all necessary franchises and trade names and preserve such all the remainder of its property as the Borrower reasonably determines at any date of determination to be used or useful in the conduct of its business their respective businesses and keep or cause to be kept the same in good repair, working order order, and condition, and from time to time make, or cause to be made, all needful needed and proper repairs, renewals and renewals, replacements, betterments betterment's, and improvements thereto, thereto so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and the failure to do which would have a material adverse effect on the Borrower; and (d) at all times keep and cause to be kept its insurable properties adequately insured and maintain, and pay all premiums and costs of, maintain (i) bond coverage's and insurance on its properties to such extent and against such risks, including fire, as is customary with companies in the same or a similar business, (ii) necessary workmen's compensation insurance insurance, and (iii) such other insurance (including liability insurance) as may be required by law or as may otherwise be customarily maintained reasonably required in writing by companies in the same or a similar businessLender.

Existence, Properties, Etc. The Borrower Each of the Borrowers shall, and (to the extent of its right to do so) shall cause each other Consolidated Entity to (a) do or cause to be done all things necessary to preserve and keep in full force and effect its existence, all material rights and franchises and comply in all material respects with all Governmental Requirements Laws applicable to it and (b) at all times maintain, preserve and protect all necessary franchises and trade names and preserve such all of its property as the Borrower reasonably determines at any date of determination to be Property used or useful in the conduct of its business and keep the same in good repair, working order and condition, and from time to time make, or cause to be made, all needful and proper repairs, renewals and replacements, betterments and improvements thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and the failure to do which would have a material adverse effect on the Borrower; and at all times keep its insurable properties Properties adequately insured and maintain, and pay all premiums and costs of, maintain (i) insurance on its properties Properties to such extent and against such risks, including fire, as is customary with companies in the same or a similar business, (ii) necessary workmen's compensation insurance and (iii) such other insurance (including liability insurance) as may be required by law Law or as may otherwise be customarily maintained by companies in the same or a similar business.