Except as otherwise permitted under Section 6.3 or Section 6.4, Borrower will, and will cause each of its Subsidiaries to, at all times preserve and keep in full force and effect such Person’s (a) valid existence and good standing in its jurisdiction of organization and (b) good standing with respect to all other jurisdictions in which it is qualified to do business and any rights, franchises, permits, licenses, accreditations, authorizations, or other approvals material to their businesses except, in the case of this clause (b), where the failure to maintain such good standing, right, franchise, permit, license, accreditation, authorization or other approval could not reasonably be expected to result in a Material Adverse Effect.