Common use of Foreign Good Standing Clause in Contracts

Foreign Good Standing. The Company is and has been duly qualified to do business as a foreign corporation and is and has been in good standing under the laws of each state or other jurisdiction during all such times in which either the ownership, leasing or use of the properties owned, leased or used by it, or the nature of the activities conducted by it, required such qualification.

Appears in 2 contracts

Samples: Stock Subscription Agreement (Probe Manufacturing Inc), Stock Subscription Agreement (Probe Manufacturing Inc)

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Foreign Good Standing. The Company is and has been duly qualified to do business as a foreign corporation corporation, and is and has been are in good standing standing, under the laws Laws of each state or other jurisdiction during all such times in which either jurisdictions where the ownership, leasing or use nature of the properties owned, leased or used by it, its businesses or the nature or location of the activities conducted by it, required its assets requires such qualification.

Appears in 1 contract

Samples: Stock Purchase Agreement (Comstock Homebuilding Companies, Inc.)

Foreign Good Standing. The Company is and each Subsidiary has been duly qualified to do business as a foreign corporation corporation, and is and has been in good standing standing, under the laws Laws of each state or other jurisdiction during all such times in which either jurisdictions where the ownership, leasing or use nature of the properties owned, leased or used by it, its respective business or the nature or location of the activities conducted by it, required its respective assets requires such qualification.

Appears in 1 contract

Samples: Stock Purchase Agreement (Comstock Homebuilding Companies, Inc.)

Foreign Good Standing. The Company is and has been duly qualified to do business as a foreign corporation corporation, and is and has been in good standing standing, under the laws of each state or other jurisdiction during all such times in which either jurisdictions where the ownership, leasing or use nature of the properties owned, leased or used by it, its business or the nature or location of the activities conducted by it, required its assets requires such qualification.

Appears in 1 contract

Samples: Master Transfer Agreement (Comstock Holding Companies, Inc.)

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Foreign Good Standing. The Company is and has been duly qualified to do business as a foreign corporation corporation, and is and has been in good standing standing, under the laws Laws of each state or other jurisdiction during all such times in which either jurisdictions where the ownership, leasing or use nature of the properties owned, leased or used by it, its business or the nature or location of its assets requires such qualification and where the activities conducted by it, required such qualificationfailure to so qualify would have a Material Adverse Effect.

Appears in 1 contract

Samples: Merger Agreement (Wellcare Group Inc)

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