Common use of EQR Clause in Contracts

EQR. ERP and each of their respective subsidiaries are duly qualified or registered as a foreign partnership, corporation, trust or limited liability company and are in good standing to transact business in each jurisdiction in which such qualification is required, whether by the nature of their respective business or their respective ownership or leasing of property, except where the failure to so qualify would not have a Material Adverse Effect.

EQR. ERP and each of their respective subsidiaries are duly qualified or registered as a foreign partnership, corporation, trust or limited liability company LLC and are in good standing to transact business in each jurisdiction in which such qualification is required, required whether by the nature of their respective its business or their respective its ownership or leasing of property, except where the failure to so qualify would not have a material adverse effect on the financial condition or the earnings, assets or business affairs of EQR, ERP and their subsidiaries considered as a single enterprise (a “Material Adverse Effect”).