PRESERVE EXISTENCE Sample Clauses
The "Preserve Existence" clause is designed to ensure that certain rights, obligations, or provisions of an agreement remain in effect even after the main contract has ended or been terminated. In practice, this clause typically specifies which sections—such as confidentiality, indemnification, or dispute resolution—will continue to bind the parties beyond the contract’s expiration. Its core function is to maintain the enforceability of key terms that are intended to survive the contractual relationship, thereby protecting the interests of the parties and preventing unintended lapses in important obligations.
PRESERVE EXISTENCE. Preserve their respective corporate existences and business organizations intact, maintain their existing franchises and licenses, use commercially reasonable efforts to preserve for Buyer the relationships of the Station with suppliers, customers, employees and others with whom the Station has business relationships, and keep all Assets substantially in their present condition, ordinary wear and tear excepted.
PRESERVE EXISTENCE. Borrower shall do all things necessary to preserve and keep in full force and effect Borrower’s organizational status, will not change its name, and will comply with all Laws, orders and decrees of any Governmental Agency or court applicable to Borrower or to the Loan Collateral and/or the Underlying Collateral.
PRESERVE EXISTENCE. Preserve its corporate existences and business organizations intact, maintain its existing licenses, use its best efforts to preserve for Buyer its relationships with suppliers, customers, employees and others having business relations with them, insofar as they related directly to the Enterprise Division, and keep all Assets in their present condition, ordinary wear and tear excepted.
PRESERVE EXISTENCE. To preserve Borrower's present existence until such time as Bank consents in writing to any change. Bank's consent to any such change will not be unreasonably withheld provided Bank can protect Bank's security interest and provided further Borrower can provide Bank with sufficient security to assure repayment of the Loan.
PRESERVE EXISTENCE. Borrower shall do or cause to be done all things necessary to maintain, preserve and keep in full force and effect is existence in the jurisdiction of its organization, and qualify and remain qualified in each jurisdiction where qualification is necessary or desirable in view of its business operations or the ownership of its properties.
PRESERVE EXISTENCE. Preserve their respective corporate existences.
PRESERVE EXISTENCE. Borrower shall preserve and maintain its name, existence ------------------- and good standing in the jurisdiction of its organization and qualify and remain qualified as a foreign corporation in each jurisdiction in which such qualification is required.
PRESERVE EXISTENCE. The Borrower shall do or cause to be done all things necessary to preserve or maintain in good standing in full force and effect the existence of each of the Guarantors and all rights and all Approvals necessary to comply with the Credit Facility Documents and to effect the transactions contemplated thereby.
PRESERVE EXISTENCE. The Company shall, and shall cause each of ------------------ its Subsidiaries to:
(a) Preserve Legal Existence and Franchises. Preserve, renew and --------------------------------------- maintain in full force and effect its legal existence and all material rights, privileges, licenses and franchises relating thereto and/or necessary for the lawful conduct of its business operations;
PRESERVE EXISTENCE. Buyer will preserve its corporate existence ------------------ and business organization intact, maintain its existing franchises and licenses, use its best efforts to preserve its relationships with suppliers, customers, employees and others having business relations with it, and keep all Assets in their present condition, ordinary wear and tear excepted.