Qualification Generally Sample Clauses

Qualification Generally. The determination of whether any Applicant qualifies for Services or PTRS Services as a User or as a PTRS User, respectively, shall be based upon a good-faith, reasonable interpretation of the information provided by such Applicant pursuant to the New User Application and the definition of “User” and “PTRS User” in this Agreement, information available in the public domain, and authorized communications with the Applicant. If Contractor’s Project Executive knows that a User or a PTRS User is not or ceases to qualify as a User under this Agreement, such Project Executive shall notify Customer and shall take appropriate action, including, without limitation and, if appropriate, terminating such User’s User Agreement or such PTRS User’s PTRS User Agreement or making a Misuse Allegation pursuant to Section 6.2.6.3 of this Agreement. Membership in Customer is not a requirement or qualification to be a User or a PTRS User.
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Qualification Generally. The determination of whether any Applicant qualifies for Services as a User shall be based upon a good-faith, reasonable interpretation of the information provided by such Applicant pursuant to the New User Application and the definition of “User” in this Agreement. Neither Contractor nor the NUE shall have any obligation to investigate the accuracy of any information provided by an Applicant in a New User Application, provided, however, that if Contractor’s Project Executive knows that a User is not or ceases to qualify as a User under this Agreement, such Project Executive shall notify Customer and shall take appropriate action, including, without limitation and, if appropriate, terminating such User’s User Agreement or making a Misuse Allegation pursuant to Section 4.2(c)(6)(C) of this Agreement. Membership in Customer is not a requirement or qualification to be a User.

Related to Qualification Generally

  • Qualification Rights Masterworks will have the right to request that the Company qualify on Form 1-A, or a comparable form, the resale of any Class A shares beneficially owned by Masterworks or any entity administered by Masterworks. There are no limitations or restrictions on the size or frequency of such qualification requests, other than pursuant to applicable law, provided, that all costs associated with any such qualification shall be the responsibility of Masterworks.

  • Qualification; Compliance 19 (d) Liabilities . . . . . . . . . . . . . . . . . . . . 19 (e) Welfare Plans . . . . . . . . . . . . . . . . . . . 20 (f) Documents made Available . . . . . . . . . . . . . 20 (g) Payments Resulting from Merger . . . . . . . . . . 20 (h) Labor Agreements . . . . . . . . . . . . . . . . . 21 Section 4.11

  • FCC Qualifications Section 7.04

  • Qualifications, Legal Investment All authorizations, approvals, or permits, if any, of any governmental authority or regulatory body of the United States or of any state that are required in connection with the lawful sale and issuance of the Securities and Warrant Shares shall have been duly obtained and shall be effective on and as of the Closing. No stop order or other order enjoining the sale of the Securities or Warrant Shares shall have been issued and no proceedings for such purpose shall be pending or, to the knowledge of the Company, threatened by the SEC, or any commissioner of corporations or similar officer of any state having jurisdiction over this transaction. At the time of the Closing, the sale and issuance of the Securities and Warrant Shares shall be legally permitted by all laws and regulations to which Purchasers and the Company are subject. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction will have been enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority over the matters contemplated hereby which prohibits the consummation of any of the transactions contemplated by this Agreement.

  • Organization; Qualification The Company is a corporation duly organized and validly existing under the laws of the State of Delaware and is in good standing under such laws. The Company has all requisite corporate power and authority to own, lease and operate its properties and assets, and to carry on its business as presently conducted. The Company is qualified to do business as a foreign corporation in each jurisdiction in which the ownership of its property or the nature of its business requires such qualification, except where failure to so qualify would not have a material adverse effect on the Company.

  • Foreign Qualifications Each of the Company and its subsidiaries is duly qualified as a foreign entity to transact business and is each 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 where the failure to be so qualified would not singularly, or in the aggregate, in the reasonable judgment of the Company, be expected to result in a Material Adverse Effect.

  • Tax Qualification Each Employee Benefit Plan intended to be qualified under Section 401(a) of the Code has been determined to be so qualified by the Internal Revenue Service and nothing has occurred since the date of the last such determination which resulted or is likely to result in the revocation of such determination.

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