Maintenance of Existence and Qualifications. Borrower will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on Borrower.
Appears in 8 contracts
Sources: Credit Agreement (St Lawrence Seaway Corp), Credit Agreement (Recovery Energy, Inc.), Credit Agreement (Recovery Energy, Inc.)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its corporate existence and its rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on Borrower.
Appears in 2 contracts
Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Mallon Resources Corp)
Maintenance of Existence and Qualifications. Borrower and each of its Subsidiaries will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable lawLaw, except where the failure so to qualify will not have any material adverse effect on Borrowercause a Material Adverse Change.
Appears in 2 contracts
Sources: Credit Agreement (Continental Natural Gas Inc), Credit Agreement (Continental Natural Gas Inc)
Maintenance of Existence and Qualifications. Each Borrower will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on such Borrower.
Appears in 2 contracts
Sources: Credit Agreement (Hawker Energy, Inc.), Credit Agreement (Hallador Petroleum Co)
Maintenance of Existence and Qualifications. Borrower will ------------------------------------------- maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on Borrower.
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Maintenance of Existence and Qualifications. Borrower will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have cause any material adverse effect on Material Adverse Change in Borrower.
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Maintenance of Existence and Qualifications. Borrower will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will would not reasonably be expected to have any material adverse effect on Borrower.
Appears in 1 contract
Sources: Credit Agreement (Infinity Inc)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its existence corporate existence, as applicable, and its their rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign corporation in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on Borrower.
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Kentucky USA Energy, Inc.)
Maintenance of Existence and Qualifications. Borrower will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable lawLaw, except where the failure so to qualify will not have any material adverse effect on Borrowercause a Material Adverse Change.
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Maintenance of Existence and Qualifications. Borrower will maintain and preserve its Business Entity existence and its material rights and franchises in full force and effect and will qualify and/or remain qualified to do business as a foreign Business Entity in all states or jurisdictions where required by applicable law, except where the failure to do so could reasonably be expected to qualify will not have any material adverse effect on Borrowera Material Adverse Effect.
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Maintenance of Existence and Qualifications. Borrower Borrowers will maintain and preserve its existence and its rights and franchises in full force and effect and will qualify to do business in all states or jurisdictions where required by applicable law, except where the failure so to qualify will not have any material adverse effect on BorrowerLaw.
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