Common use of FORM OF OPINION OF GENERAL COUNSEL Clause in Contracts

FORM OF OPINION OF GENERAL COUNSEL. 1. The Company is duly qualified as a foreign corporation to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so qualify or be in good standing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect (as defined in the Underwriting Agreement).

Appears in 2 contracts

Samples: Underwriting Agreement (Parker Drilling Co /De/), Underwriting Agreement (Parker Drilling Co /De/)

AutoNDA by SimpleDocs

FORM OF OPINION OF GENERAL COUNSEL. 1. The (i) the Company is duly qualified as a foreign corporation limited liability company to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such jurisdictions where the failure to so qualify or to be in good standing would not, individually or not result in the aggregate, reasonably be expected to have a Material Adverse Effect (as defined in the Underwriting Agreement).Effect;

Appears in 2 contracts

Samples: Underwriting Agreement (CNH Industrial Capital LLC), Underwriting Agreement (CNH Industrial Capital LLC)

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