Qualification in the State Sample Clauses

Qualification in the State. The Company agrees (except as may be otherwise permitted pursuant to the provisions of Section 8.3) that throughout the Lease Term it will continue to be a corporation either organized under the laws of the State or duly qualified to do business in the State as a foreign corporation.
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Qualification in the State. The Company warrants that it is and throughout the Loan Term it will continue to be an entity either organized under the laws of the State or qualified to do business in the State as a foreign entity. The Company shall preserve and keep in full force and effect all licenses and permits necessary to the proper conduct of its business.
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Qualification in the State. Throughout the Loan Term, the Borrower shall continue to be duly authorized to do business in the State.
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Qualification in the State. To the extent either of the Borrower, or any successor or assignee as permitted by Section 5.2, is not organized under the laws of the State, it agrees that throughout the term of this Agreement it will be in good standing in the State.
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Qualification in the State. Throughout the Contract Term, the Borrower shall continue to be duly authorized to transact business in the State. Section 8.5.
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Qualification in the State. The Lessee warrants that it is, and throughout the Lease Term it will continue to remain, in good standing under the laws of the State of Louisiana.
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Qualification in the State. The Lessee warrants that it is, and while this Lease is in effect it will continue to be, duly qualified to do business in the State.
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Qualification in the State. Throughout the term of this Lease Agreement, the Company shall continue to be duly authorized to do business in the State.
Sample 1
Qualification in the State. The Company warrants (except as may be otherwise permitted pursuant to the provisions of Section 8.3) that it is and throughout the term hereof it will continue to be a corporation either organized under the laws of the State or duly qualified to do business in the State as a foreign corporation.
Sample 1

Related to Qualification in the State

  • Qualification and Good Standing Each Loan Party is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so qualified or in good standing has not had and will not have 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.

  • Blue Sky Qualification The purchase of Units under this Subscription Agreement is expressly conditioned upon the exemption from qualification of the offer and sale of the Units from applicable federal and state securities laws. The Company shall not be required to qualify this transaction under the securities laws of any jurisdiction and, should qualification be necessary, the Company shall be released from any and all obligations to maintain its offer, and may rescind any sale contracted, in the jurisdiction.

  • Due Qualification and Good Standing The Borrower is in good standing in the State of Delaware. The Borrower is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents, requires such qualification, except where the failure to be so qualified or in good standing could not reasonably be expected to have a Material Adverse Effect.

  • Foreign Qualification Prior to the Company’s conducting business in any jurisdiction other than Delaware, the Majority Members shall cause the Company to comply, to the extent procedures are available and those matters are reasonably within the control of the Majority Members, with all requirements necessary to qualify the Company as a foreign limited liability company in that jurisdiction.

  • 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.

  • 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

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