Legal Existence, Etc. Subject to Section 10.8, the Obligors will at all times preserve and keep in full force and effect their respective legal existence. The Obligors will at all times preserve and keep in full force and effect the legal existence of each of their respective Subsidiaries (unless merged into an Obligor or a Wholly-owned Subsidiary) and all rights and franchises of the Obligors and their respective Subsidiaries unless, in the good faith judgment of the Obligors, the termination of or failure to preserve and keep in full force and effect such legal existence, right or franchise could not, individually or in the aggregate, have a Material Adverse Effect. Without limiting the foregoing:
Appears in 5 contracts
Samples: Paying Agent Agreement (Essex Property Trust Inc), Guaranty Agreement (Essex Property Trust Inc), Paying Agent Agreement (Essex Property Trust Inc)
Legal Existence, Etc. Subject to Section 10.810.5, the Obligors will at all times preserve and keep in full force and effect their respective legal existence. The Subject to Section 10.5, the Obligors will at all times preserve and keep in full force and effect the legal existence of each of their respective Subsidiaries (unless merged into an Obligor or a Wholly-owned Subsidiary) and all rights and franchises of the Obligors and their respective Subsidiaries unless, in the good faith judgment of the Obligors, the termination of or failure to preserve and keep in full force and effect such legal existence, right or franchise could not, individually or in the aggregate, have a Material Adverse Effect. Without limiting the foregoing:
Appears in 1 contract
Samples: First Potomac Realty Trust
