Common use of Business Qualification Clause in Contracts

Business Qualification. The Companies agree to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 5 contracts

Samples: Financing Agreement (G Iii Apparel Group LTD /De/), Financing Agreement (G Iii Apparel Group LTD /De/), Financing Agreement

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Business Qualification. The Companies agree Company agrees to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, qualify or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Financing Agreement (Ascendia Brands, Inc.), Financing Agreement (Rentech Inc /Co/), Financing Agreement (Barry R G Corp /Oh/)

Business Qualification. The Companies agree to qualify to do business, and to remain qualified to do business and in good standing, and cause each of their respective Subsidiaries to qualify to do business, and remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Financing Agreement (Under Armour, Inc.), Financing Agreement (Under Armour, Inc.)

Business Qualification. The Companies agree Each Company agrees to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (Aegis Communications Group Inc)

Business Qualification. The Companies agree to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, qualify or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Syntax-Brillian Corp)

Business Qualification. The Companies agree Each Company agrees to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would have have, or would be reasonably likely to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (MTM Technologies, Inc.)

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Business Qualification. The Companies agree Company agrees to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (Werner Holding Co Inc /Pa/)

Business Qualification. The Companies agree Company agrees to qualify to do business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, or to remain qualified or in good standing, would could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Debtor in Possession Financing Agreement

Business Qualification. The Companies agree to qualify to do ----------------------- business, and to remain qualified to do business and in good standing, in each jurisdiction where the failure to so qualify, qualify or to remain qualified or in good standing, would have a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (Ronson Corp)

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