Common use of Maintenance and Continuity of Business and Compliance with Obligations Clause in Contracts

Maintenance and Continuity of Business and Compliance with Obligations. The Borrower shall maintain its corporate existence in compliance with all applicable laws. The Borrower shall conduct its business with due diligence and efficiency, in accordance with sound engineering, financial and business practices and in compliance with all applicable laws, and shall comply with all agreements to which it is a party or by which it or any of its properties or assets is bound.