Common use of Maintenance of Business Organization Clause in Contracts

Maintenance of Business Organization. Borrower shall maintain and preserve its business organization intact and use its best efforts to retain its present key employees and relationships with suppliers, customers and others having business relationships with Borrower.

Appears in 7 contracts

Samples: Reversal Loan and Control Share Pledge and Security Agreement (California Gold Corp.), Bridge Loan and Control Share Pledge and Security Agreement (Cromwell Uranium Corp.), Reversal Loan and Control Share Pledge and Security Agreement (US Uranium Inc.)

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Maintenance of Business Organization. Borrower shall maintain and preserve its business organization intact and use its reasonable best efforts to retain its present key employees and relationships with suppliers, customers and others having business relationships with Borrower.

Appears in 6 contracts

Samples: Bridge Loan Agreement (Boldface Group, Inc.), Bridge Loan Agreement (Max Cash Media Inc), Bridge Loan Agreement (Cahaba Pharmaceuticals, Inc.)

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Maintenance of Business Organization. Borrower Subject to the Lender making each of the Loans contemplated hereby, each of the Borrowers shall maintain and preserve its business organization intact and use its reasonable best efforts to retain its present key employees and relationships with suppliers, customers and others having business relationships with Borrowerthe Borrowers.

Appears in 1 contract

Samples: Bridge Loan Agreement (Placer Del Mar, Ltd.)

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