Common use of Existence, Qualification, Etc Clause in Contracts

Existence, Qualification, Etc. Except as otherwise expressly ----------------------------- permitted under Section 8.8, or except to the extent the failure would not ----------- reasonably be expected to have a Material Adverse Effect, do or cause to be done all things necessary to preserve and keep in full force and effect its existence and all material rights and franchises, and maintain its license or qualification to do business as a foreign corporation and good standing in each jurisdiction in which its ownership or lease of property or the nature of its business makes such license or qualification necessary.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Ameristeel Corp)

Existence, Qualification, Etc. Except as otherwise expressly ----------------------------- permitted under Section 8.89.8, or except to the extent the failure would not ----------- reasonably be expected to have a Material Adverse Effect, do or cause to be done all things necessary to preserve and keep in full force and effect its existence and all material rights and franchises, and maintain its license or qualification to do business as a foreign corporation and good standing in each jurisdiction in which its ownership or lease of property or the nature of its business makes such license or qualification necessary.;

Appears in 1 contract

Sources: Credit Agreement (Ameristeel Finance Inc)