Example ContractsClausesconductVariants
Conduct
Conduct contract clause examples

Conduct of Business. [[Organization A:Organization]] will, and will cause each of its Significant Subsidiaries (or, in the case of clause (b) below, each of its Subsidiaries) to, # carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted and # do all things necessary to remain duly incorporated or organized, validly existing and (to the extent such concept applies to such entity) in good standing as a domestic corporation, partnership or limited liability company in its jurisdiction of incorporation or organization, as the case may be, and maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted, except to the extent, in the case of all matters covered by this clause (b) other than the existence of [[Organization A:Organization]], that failure to do so would not reasonably be expected to have a Material Adverse Effect.

Conduct of Business. The Borrower will, and will cause each Principal Subsidiary to, # carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted, including reasonable extensions of such business, # do all things necessary to remain duly incorporated or organized, validly existing and (to the extent such concept applies to such entity) in good standing as a domestic corporation, partnership or limited liability company in its jurisdiction of incorporation or organization, as the case may be, and # maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted and the failure so to maintain such authority would reasonably be expected to have a Material Adverse Effect, provided that this Section shall not be deemed to prohibit any transaction permitted under [Section 6.11 or 6.12]2].

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