Each Loan Party will, and will cause each Subsidiary to, (a) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence and the rights, qualifications, licenses, permits, franchises, governmental authorizations, intellectual property rights, licenses and permits material to the conduct of its business, and maintain all requisite authority to conduct its business in each jurisdiction where the character of its property or its business activities makes such qualification necessary and is material to the conduct of its business; and (b) carry on and conduct its business in substantially the same manner and in substantially the same fields of enterprise as it is presently conducted; provided that the foregoing shall not prohibit (i) any sales of property, merger, consolidation, liquidation or dissolution permitted under Section 6.03 or 6.05 or (ii) the withdrawal by any Loan Party or Subsidiary of its qualification as a foreign corporation in any jurisdiction where such qualification is not necessary due to the reduced character of its property or its business in any such jurisdiction, or (iii) the abandonment by any Loan Party of any rights, franchises, licenses, trademarks, trade names, copyrights or patents that such Person reasonably determines are not useful to its business or no longer commercially desirable. Notwithstanding anything in this Agreement to the contrary, the Loan Parties represent and agree that General Aluminum Forgings, LLC, an Ohio limited liability company, SIFCO Custom Machining Company, a Minnesota corporation, and SIFCO Turbine Component Services LLC, an Ohio limited liability company, do not, and will not, own any assets at any time and each will be dissolved within 30 days of the finalization of all open accounts and claims that are currently pending in respect to each such Dormant Subsidiary, that T & W does not, and will not, own any assets at any time other than as described in Section 3.15 of the Disclosure Certificate, and that no Loan Party nor any Subsidiary will transfer any assets to, or make any loan or other advance to, or make any investment in, any of General Aluminum Forgings, LLC, an Ohio limited liability company, SIFCO Custom Machining Company, a Minnesota corporation, SIFCO Turbine Component Services LLC, an Ohio limited liability company, and T & W.