Qualification; Good Standing. The Company is duly qualified to do business and is in good standing as a foreign corporation in the States of New Jersey, Georgia, Illinois and Connecticut. The Company is not required to be qualified in any other jurisdiction where the failure to qualify would have a material adverse effect on the Company. The Company is not and, upon consummation of the transactions contemplated by the Documents will not be, an "investment company" or a company controlled by an investment company within the meaning of the Investment Company Act of 1940, as amended.
Qualification; Good Standing. Each of the Corporation and every Subsidiary is authorized to do business and is in good standing as a foreign corporation in each jurisdiction the laws of which require such respective entity to be so authorized, except where the failure to be so qualified or in good standing could not reasonably be expected to have a Material Adverse Effect.
Qualification; Good Standing. The Delaware Learning Annex is qualified to do business as a foreign corporation in the State of New York. The Learning Annex is qualified to do business as a foreign corporation in any other jurisdiction in which it is required to be so qualified.
Qualification; Good Standing. The Company is qualified to do business as a foreign corporation in the State of New York and is not qualified to do business as a foreign corporation in any other jurisdiction, no other jurisdiction has demanded or requested in writing that the Company so qualify, the Company has no knowledge of the need to so qualify and the failure to be so qualified does not have a material adverse effect on the Company.
Qualification; Good Standing. The Borrower is duly licensed or qualified as a foreign corporation authorized to transact business and is in good standing in each jurisdiction in which the character of the properties owned by it or the nature of the business transacted by it makes such licensing or qualification necessary.
Qualification; Good Standing. 2 4.3. Corporate Authorization; Enforceability..........................3 4.4.
Qualification; Good Standing. Each of the Company and the Company Subsidiaries is qualified to do business as a foreign Entity, and is in good standing (with respect to jurisdictions that recognize the concept of good standing), under the laws of all jurisdictions where the nature of its business requires such qualification, except where the failure to be so qualified would not have a Company Material Adverse Effect.
Qualification; Good Standing. Each of the Company and the Partnership is authorized or qualified to do business and in good standing as a foreign corporation or limited partnership, as the case may be, in any jurisdiction where failure to be so authorized or qualified would have a material adverse effect on the Company or the Partnership.
Qualification; Good Standing. The Partnership is duly qualified or authorized to do business and in good standing as a foreign limited partnership in any jurisdiction where the failure to be so authorized or qualified would have a material adverse affect on the Partnership or its business.
Qualification; Good Standing. As of the Closing Date, the Corporation shall be duly registered, licensed or qualified as an extra-provincial or foreign corporation in each jurisdiction in which such registration is required in order to conduct the Business, except where the failure to do so would not have a material adverse effect on the Corporation or the Business.
