Incorporation and Qualification. Each of the Credit Parties is a company duly organized and validly existing under the laws of its jurisdiction of organization. Each of the Credit Parties is qualified, licensed or registered to carry on business under the laws applicable to it in all jurisdictions in which such qualification, licensing or registration is necessary or where failure to be so qualified would have a Material Adverse Effect;
Appears in 3 contracts
Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Acreage Holdings, Inc.)
Incorporation and Qualification. Each of the Credit Parties is a corporation or company duly incorporated, organized and validly existing under the laws of its jurisdiction of organizationincorporation as set forth in Schedule 4.1(a). Each of the Credit Parties is qualified, licensed or registered to carry on business under the laws applicable to it in all jurisdictions in which such qualification, licensing or registration is necessary or where failure to be so qualified would have a Material Adverse Effect;
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement
Incorporation and Qualification. Each of the Credit Parties is a company corporation duly incorporated, organized and validly existing under the laws of its jurisdiction of organizationincorporation. Each of the Credit Parties is qualified, licensed or registered to carry on business under the laws applicable to it in all jurisdictions in which such qualification, licensing or registration is necessary or where failure to be so qualified would have a Material Adverse Effect;
Appears in 2 contracts
Samples: Assignment and Assumption (Acreage Holdings, Inc.), Credit Agreement
Incorporation and Qualification. Each of the Credit Parties is a corporation or limited liability company duly incorporated, organized and validly existing under the laws of its jurisdiction of organizationincorporation. Each of the Credit Parties is qualified, licensed or registered to carry on business under the laws applicable to it in all jurisdictions in which such qualification, licensing or registration is necessary or where failure to be so qualified would have a Material Adverse Effect;
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