Common use of Maintenance of Existence and Qualifications Clause in Contracts

Maintenance of Existence and Qualifications. Each Related Person which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable law, except where the failure so to qualify would not have a material probability of having a Material Adverse Effect.

Maintenance of Existence and Qualifications. Each Related Person which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable law, except where the failure so to qualify would will not have a any material probability of having a Material Adverse Effectadverse effect on Borrower.

Maintenance of Existence and Qualifications. Each Related Person which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable lawLaw, except where the failure so to qualify would will not have a any material probability of having a Material Adverse Effectadverse effect on Borrower.

Maintenance of Existence and Qualifications. Each Related Person ------------------------------------------- which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable law, except where the failure so to qualify would will not have a any material probability of having a Material Adverse Effectadverse effect on such Related Person.

Maintenance of Existence and Qualifications. Each Related Person ------------------------------------------- which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable law, except where the failure so to qualify would not have a material probability of having a Material Adverse Effect.

Maintenance of Existence and Qualifications. Each Related Person which is a corporation or partnership will maintain and preserve its corporate or partnership existence (except for any mergers or consolidations expressly permitted by this Agreement and except for the dissolution of any Restricted Subsidiaries which no longer have any significant business or assets) and its rights and franchises in full force and effect and will qualify to do business as a foreign corporation or partnership in all states or jurisdictions where required by applicable law, except where the failure so to qualify would will not have a any material probability of having a Material Adverse Effectadverse effect on Borrower or any Subsidiary Guarantor.