Common use of Incorporation and Qualification Clause in Contracts

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.)

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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

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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;

Appears in 1 contract

Samples: Loan Agreement (Acreage Holdings, Inc.)

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