Common use of Organizational Existence Clause in Contracts

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 17 contracts

Samples: Credit Agreement (Tempur Pedic International Inc), Credit Agreement (Neff Finance Corp.), Credit Agreement (Southern Construction Products Inc)

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Organizational Existence. Except as otherwise permitted by Section 3.6SECTION 5.6, each Credit Party will and will cause its material Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 6 contracts

Samples: Credit Agreement (RadNet, Inc.), Credit Agreement (RadNet, Inc.), Credit Agreement (Primedex Health Systems Inc)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect (a) its organizational existence and (b) all rights and franchises material to its business.

Appears in 3 contracts

Samples: Credit Agreement (Uap Holding Corp), Credit Agreement (Uap Holding Corp), Credit Agreement (Platte Chemical Co)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its businessexistence.

Appears in 3 contracts

Samples: Credit Agreement (Neff Rental Inc), Senior Secured Credit Agreement (Neff Corp), Credit Agreement (Neff Rental Inc)

Organizational Existence. Except as otherwise permitted by Section 3.65.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 3 contracts

Samples: Credit Agreement (Exopack Holding Corp), Credit Agreement (Exopack Holding Corp), Credit Agreement (Exopack Holding Corp)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material related to its businessbusiness the loss of which could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Golfsmith International Holdings Inc), Credit Agreement (Golfsmith International Holdings Inc)

Organizational Existence. Except as otherwise permitted by Section 3.66.8, each Credit Party will and will cause its Restricted Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Exopack Holding Corp), Credit and Guaranty Agreement (Exopack Holding Corp)

Organizational Existence. Except as otherwise permitted by Section 3.65.6, each Credit Party will and will cause its material Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 2 contracts

Samples: Credit Agreement (Accuro Healthcare Solutions, Inc.), Credit Agreement (Accuro Healthcare Solutions, Inc.)

Organizational Existence. Except as otherwise permitted by Section 3.65.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and good standing and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (Exopack Holding Corp)

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Organizational Existence. Except as otherwise permitted by Section SECTION 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and and, except as would not reasonably be expected to result in a Material Adverse Effect, all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (RathGibson Inc)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect (a) its organizational existence (provided that any failure of any Credit Party to pay franchise taxes that does not result in the termination of existence or dissolution of such Credit Party shall not violate this Section) and (b) all rights and franchises material with respect to its businessbusiness except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (RPP Capital Corp)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect (a) its organizational existence and (b) except where the failure to do so could not reasonably be expected to have a Material Adverse Effect, all rights and franchises material to its business.

Appears in 1 contract

Samples: Credit Agreement (Uap Holding Corp)

Organizational Existence. Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its businessbusiness except to the extent failure to do so could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cherokee International Corp)

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