MERGER OR CONSOLIDATION OF, OR ASSUMPTION OF THE OBLIGATIONS OF THE SELLER. (a) Subject to Section 10.15(b), the Seller will keep in full force and effect its existence, rights and franchises as a Delaware corporation, and the Seller will obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement and of any of the Loans and to perform its duties under this Agreement.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (American Capital Strategies LTD), Purchase and Sale Agreement (Kohlberg Capital CORP), Purchase and Sale Agreement (American Capital Strategies LTD)
