Common use of Consolidated Corporate Franchises Clause in Contracts

Consolidated Corporate Franchises. Each of the Borrower and each Parent Guarantor will do, and will cause each Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that each Parent Guarantor, the Borrower and the Subsidiaries may consummate any transaction permitted under Section 10.3, 10.4 or 10.5.

Consolidated Corporate Franchises. Each of the The Parent Borrower and each Parent Guarantor will do, and will cause each Material Subsidiary that is a Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could would not reasonably be expected to have a Material Adverse Effect; provided, however, that each the Parent Guarantor, the Borrower and the Restricted Subsidiaries may consummate any transaction otherwise permitted hereby, including under Section 10.2, 10.3, 10.4 or 10.5.

Consolidated Corporate Franchises. Each of the Borrower and each eachthe Parent Guarantor will do, and will cause each Restricted Subsidiary (other than any Immaterial Subsidiary) to do, or cause to be done, all things necessary to preserve and keep in full force and effect its legal existence, corporate rights and authority, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect; provided, however, that each eachthe Parent Guarantor, the Borrower and the Subsidiaries may consummate any transaction permitted under Section 10.3, 10.4 or 10.5.