Common use of Maintenance of Existence and Qualifications Clause in Contracts

Maintenance of Existence and Qualifications. Buyer and each ------------------------------------------- of its Subsidiaries will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by Applicable Law, except where the failure so to qualify will not cause a Material Adverse Effect.

Maintenance of Existence and Qualifications. Buyer and each ------------------------------------------- of its Subsidiaries will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by Applicable Lawapplicable law, except where the failure so to qualify will not cause a Material Adverse EffectChange.