Common use of Corporate Existence; Subsidiaries; Foreign Qualification Clause in Contracts

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Nordson Corp), Credit Agreement (Schulman a Inc), Credit Agreement (Nordson Corp)

AutoNDA by SimpleDocs

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will would not cause or result in have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Steris Corp), Credit Agreement (Steris Corp), Credit Agreement (Dialysis Corp of America)

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, existing and in good standing under the laws of its state or jurisdiction of incorporation or organization organization, and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will could not reasonably be expected to cause or result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (Applied Industrial Technologies Inc)

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will would not cause or result in have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Steris Corp), Credit Agreement (Steris Corp)

AutoNDA by SimpleDocs

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company domiciled in the United States is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

Corporate Existence; Subsidiaries; Foreign Qualification. (a) Each Company is an entity duly organized, validly existing, and in good standing under the laws of its state or jurisdiction of incorporation or organization and is duly qualified and authorized to do business and is in good standing as a foreign entity in each jurisdiction all of the states or jurisdictions where the character of its property or its business activities makes such qualification necessary, except where the failure to so qualify will not cause or result in a Material Adverse Effect.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.