Common use of Preservation of Corporate Existence Clause in Contracts

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 12 contracts

Samples: Purchase and Sale Agreement (Adesa Inc), Purchase and Sale Agreement (Adesa California, LLC), Purchase and Contribution Agreement (Pilgrims Pride Corp)

AutoNDA by SimpleDocs

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would be reasonably be expected likely to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Amphenol Corp /De/), Purchase and Sale Agreement (Werner Holding Co Inc /De/), Purchase and Sale Agreement (Amphenol Corp /De/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Material Adverse Effect.

Appears in 5 contracts

Samples: Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA), Receivables Purchase Agreement (Sunterra Corp), Receivables Purchase Agreement (Amphenol Corp /De/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected would materially adversely affect (i) the interests of the Agent, the Purchaser or any Bank Investor hereunder or (ii) the ability of the Transferor or Servicer to have a Material Adverse Effectperform their respective obligations hereunder.

Appears in 3 contracts

Samples: Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, incorporation and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Seller Material Adverse Effect.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Lennox International Inc), Purchase and Sale Agreement (Cadmus Communications Corp/New), Purchase and Sale Agreement (Cadmus Communications Corp/New)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected would materially adversely affect (i) the interests of the Agent or the Purchaser or any Bank Investor hereunder or (ii) the ability of Servicer or the Transferor to have a Material Adverse Effectperform their respective obligations hereunder or under the Receivable Purchase Agreement.

Appears in 3 contracts

Samples: Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporationincorporation or organization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could might reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (KBK Capital Corp), Purchase and Sale Agreement (KBK Capital Corp), Purchase and Sale Agreement (KBK Capital Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected would materially adversely affect the interests of the Owners or the Agent hereunder or in the Pool Receivables and the Related Security, or the ability of the Seller or the Collection Agent to have a Material Adverse Effectperform their respective obligations hereunder or the ability of the Seller to perform its obligations under the Contracts.

Appears in 2 contracts

Samples: Trade Receivables Purchase and Sale Agreement (Geon Co), Trade Receivables Purchase and Sale Agreement (Geon Co)

Preservation of Corporate Existence. (i) Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, incorporation and (ii) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would, if not remedied within 30 days, be reasonably be expected likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Pooling Agreement (Wesco Distribution Inc), Pooling Agreement (Core Mark International Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a substantial likelihood of having a Material Adverse Effect.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ameriserve Food Distribution Inc /De/), Pooling and Servicing Agreement (Big Flower Press Holdings Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existenceexistence as a corporation, and all rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Commercial Metals Co), Purchase and Sale Agreement (Commercial Metals Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a substantial likelihood of having a Material Adverse Effect.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ameriserve Food Distribution Inc /De/), Pooling and Servicing Agreement (Big Flower Press Holdings Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existencequalification would materially adversely affect the interests of the Owners or the Agent hereunder or in the Pool Receivables and Related Security, rights, franchises, privileges and qualification could reasonably be expected or the ability of the Seller or the Collection Agent to have a Material Adverse Effectperform their respective obligations hereunder or the ability of the Seller to perform its obligations under the Contracts.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Polyone Corp), Trade Receivables Purchase and Sale Agreement (Polyone Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could might reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Inacom Corp), Receivables Purchase Agreement (Milacron Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, status as a "registered organization", rights, franchises and privileges solely in the jurisdiction of its incorporationincorporation or organization, and qualify and remain qualified in good standing as a foreign corporation entity in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Central Freight Lines Inc/Tx), Loan Agreement (Central Freight Lines Inc/Tx)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification would or could reasonably be expected to have have, individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mylan Inc.), Receivables Purchase Agreement (Mylan Inc.)

Preservation of Corporate Existence. Preserve and maintain its ----------------------------------- corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: First Tier Transfer Agreement (Ikon Office Solutions Inc), First Tier Transfer Agreement (Alco Standard Corp)

Preservation of Corporate Existence. Preserve and maintain its ----------------------------------- corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (C H Robinson Inc), Securitization Agreement (Yuasa Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate legal existence, rights, franchises and privileges in the jurisdiction of its incorporationorganization, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (Packaging Corp of America)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to might have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Purchase Agreement (Oxford Resources Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate ----------------------------------- existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Yuasa Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would be reasonably be expected likely to have a Material Adverse Effect; PROVIDED that nothing in this SECTION 6.1(B) shall prevent any Originator from consummating any transaction otherwise permitted under SECTION 6.3(E).

Appears in 1 contract

Samples: Purchase, Sale and Contribution Agreement (Foster Wheeler LTD)

Preservation of Corporate Existence. Preserve and maintain its corporate organizational existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sequa Corp /De/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected would materially adversely affect (i) the interests of Purchaser hereunder or (ii) the ability of APR or Seller to have a Material Adverse Effectperform their obligations hereunder or under the other Transaction Documents.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Anuhco Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Capital Associates Inc)

Preservation of Corporate Existence. (i) Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, incorporation and (ii) qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would, if not remedied within 30 days, be reasonably be expected likely to have a Material Adverse EffectEffect with respect to the Company.

Appears in 1 contract

Samples: Pooling Agreement (Rykoff Sexton Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existenceexistence as a corporation, partnership or limited liability company, as applicable, and all rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation corporation, partnership or limited liability company, as applicable, in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would be reasonably be expected likely to have a Material Adverse Effect.. 13

Appears in 1 contract

Samples: Purchase and Sale Agreement (Atrium Companies Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, ----------------------------------- existence as a corporation and all rights, franchises and privileges in the jurisdiction of its incorporationformation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would be reasonably be expected likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KPMG Consulting Inc)

Preservation of Corporate Existence. Preserve and maintain its ------------------------------------ corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation corporation, and maintain all necessary licenses and approvals, in each jurisdiction except where the failure to preserve and maintain such existence, rights, franchises, privileges privileges, qualifications, licenses and qualification could reasonably be expected to approvals would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a an Originator Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Standard Products Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, incorporation and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where in which the failure to preserve and maintain absence of such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effectmaterial adverse effect upon the Company.

Appears in 1 contract

Samples: Debt Agreement (Ovation Products Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges privil- eges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation corporation, and maintain all necessary licenses and approvals, in each jurisdiction jurisdiction, except where the failure to preserve and maintain such existence, rights, franchises, privileges privileges, qualifications, licenses and qualification could reasonably be expected to approvals would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Ag Services of America Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where in which such qualification is reasonably necessary in view of its business and operations or the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effectownership of its properties.

Appears in 1 contract

Samples: Loan Agreement (Community Financial Holding Co Inc)

AutoNDA by SimpleDocs

Preservation of Corporate Existence. Preserve Except as permitted by SECTION 4.3(f), preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporationincorporation or formation, and qualify and remain qualified in good standing as a foreign corporation or limited liability company in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Seller Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Sale Agreement (Interim Services Inc)

Preservation of Corporate Existence. Preserve and -------------------------------------- maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Linc Capital Inc)

Preservation of Corporate Existence. Preserve and maintain its ----------------------------------- corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 1 contract

Samples: Lease Receivables Credit Agreement (Leasing Solutions Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges privi- leges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sequa Corp /De/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporationincorporation or organization, and qualify and remain qualified in good standing as a foreign corporation entity in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effectmaterial adverse effect on its ability to pay or perform its obligations hereunder.

Appears in 1 contract

Samples: Loan Agreement (Toro Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, privileges and franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction in which such qualification is necessary in view of its business or operations, and where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could qualify or remain qualified might reasonably be expected to have a Material Adverse EffectEffect upon the financial condition, business or operations of the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Unit Purchase Agreement (Global Sports & Entertainment Inc/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existencequalification would materially adversely affect the interests of the Owners, rightsthe Managing Agents or the Administrative Agent hereunder or in the Pool Receivables and Related Security, franchises, privileges and qualification could reasonably be expected or the ability of the Seller or the Servicer to have a Material Adverse Effectperform their respective obligations hereunder or the ability of the Seller to perform its obligations under the Contracts.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Worldcom Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to has, or would have a substantial likelihood of having, a Material Adverse Effect.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Vertis Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, existence as a corporation and all rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would be reasonably be expected likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBK Capital Corp)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected would materially adversely affect (i) the interests of Purchaser hereunder or (ii) the ability of Seller or Servicer to have a Material Adverse Effectperform their respective obligations hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Anuhco Inc)

Preservation of Corporate Existence. (i) Preserve and maintain its corporate limited liability company existence, rights, franchises and privileges in the jurisdiction of its incorporation, formation and qualify (ii)qualify and remain qualified in good standing as a foreign corporation limited liability company in each jurisdiction where the failure to preserve ownership of its properties and maintain the conduct of its business require such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effectqualification.

Appears in 1 contract

Samples: Pooling Agreement (United Stationers Supply Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected qualifications would materially adversely affect (i) the interests hereunder of the Buyer or (ii) the ability of the Originator to have a Material Adverse Effectperform its obligations hereunder.

Appears in 1 contract

Samples: Lease Receivables Sale and Contribution Agreement (Capital Associates Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporationorganization, and qualify and remain qualified in good standing as a foreign corporation or partnership in each jurisdiction in which such qualification is necessary in view of its business and operations or the ownership of its properties except where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to so qualify would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Tie Acquisition Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pittston Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, ----------------------------------- existence rights, franchises and privileges in the jurisdiction of its incorporationincorporation or organization, and qualify and remain qualified in good standing as a foreign corporation entity in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Dixie Group Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, existence rights, franchises and privileges in the jurisdiction of its incorporationincorporation or organization, and qualify and remain qualified in good standing as a foreign corporation entity in the jurisdiction where its principal place of business and its chief executive office are located and in each other jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to qualifications would have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Covenant Transport Inc)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where instance to the failure to preserve extent necessary in view of its business and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effectoperations or the ownership of its properties.

Appears in 1 contract

Samples: Loan Agreement (Corporate Staffing Resources Inc)

Preservation of Corporate Existence. (i) Preserve and maintain its corporate existenceexistence as a limited liability company, and its rights, franchises and privileges in the jurisdiction of its incorporation, formation and (ii) qualify and remain qualified in good standing as a foreign corporation limited liability company in each jurisdiction where the failure to preserve ownership of its properties and maintain the conduct of its business require such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effectqualification.

Appears in 1 contract

Samples: Pooling Agreement (United Stationers Supply Co)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Servicer Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aspen Technology Inc /De/)

Preservation of Corporate Existence. Preserve and maintain its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could would reasonably be expected likely to have a Material Adverse Effectmaterial adverse effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Werner Holding Co Inc /Pa/)

Preservation of Corporate Existence. Preserve and maintain ----------------------------------- its corporate existence, rights, franchises and privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to would have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Charming Shoppes Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.