Common use of Qualification in Other States Clause in Contracts

Qualification in Other States. In the event the business of the Company is carried on or conducted in states in addition to New Jersey, then the Members agree that the Company shall qualify to do business under the laws of each state in which business is actually conducted by the Company, and they severally agree to execute such other and further documents as may be required or requested in order that the Board legally may qualify the Company in such states to the extent possible. A Company office or principal place of business in any state may be designated from time to time by the Board.