Common use of No adverse consequences Clause in Contracts

No adverse consequences. 19.25.1 It is not necessary under the laws of its jurisdiction of incorporation of that Obligor that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in that jurisdiction: (a) in order to enable any Finance Party to enforce its rights under any Finance Document; or (b) by reason of any Finance Party having entered into of any Finance Document or the performance by it of its obligations under any Finance Document. 19.25.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in the jurisdiction of incorporation of an Obligor by reason only of the entry into, performance and/or enforcement of any Finance Document.

No adverse consequences. 19.25.1 22.25.1 It is not necessary under the laws of its jurisdiction of incorporation of that Obligor that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in that jurisdiction: (a) in order to enable any Finance Party to enforce its rights under any Finance Document; or (b) by reason of any Finance Party having entered into of any Finance Document or the performance by it of its obligations under any Finance Document. 19.25.2 22.25.2 No Finance Party is or will be deemed to be resident, domiciled or carrying on business in the jurisdiction of incorporation of an Obligor by reason only of the entry into, performance and/or enforcement of any Finance Document.