SWY » Topics » 8.2 Corporate Existence, etc.

This excerpt taken from the SWY 8-K filed Jun 7, 2005.

8.2 Corporate Existence, etc.


Except as permitted under subsection 9.3, each Borrower shall, and shall cause each of its Subsidiaries (other than Unrestricted Subsidiaries) to, at all times preserve and keep in full force and effect its corporate existence and all rights and franchises material to its business; provided that nothing in this subsection 8.2 shall prevent the withdrawal by Company or any of its Subsidiaries of qualification to do business as a foreign corporation in any jurisdiction where such withdrawal would not reasonably be expected to have a Material Adverse Effect.


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