Maintain Licenses. Guarantor shall procure and maintain in full force and effect all licenses, Permits, charters and registrations which are material to the conduct of its business and shall abide by and satisfy all terms and conditions of all such licenses, Permits, charters and registrations.
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Samples: Guaranty (VMS National Properties Joint Venture), Guaranty (VMS National Properties Joint Venture), Master Credit Facility Agreement (Bre Properties Inc /Md/)
Maintain Licenses. Guarantor shall procure and maintain in full force and effect all licenses, Permits, charters and registrations which are material to the conduct of its business and shall abide by and satisfy all material terms and conditions of all such licenses, Permits, charters and registrationsregistrations except where the failure to procure, maintain, abide by or satisfy would not have a Material Adverse Effect on Guarantor or the Mortgaged Properties.
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