Common use of Qualification of Buyer Clause in Contracts

Qualification of Buyer. Buyer has all necessary limited liability company power and authority to operate its business as now conducted. Buyer is duly qualified as a foreign limited liability company to do business and, to the extent legally applicable, is in good standing in each jurisdiction where the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing would not impair or delay the ability of Buyer to consummate the transactions contemplated by, or perform its obligations under, the Transaction Agreements.

Qualification of Buyer. Buyer has all necessary limited liability company the appropriate power and authority to operate its business as is now conducted. Buyer is duly qualified as a foreign limited liability company entity to do business and, to the extent legally applicable, is in good standing in each jurisdiction where the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing would not impair or delay the ability of result in a Buyer to consummate the transactions contemplated by, or perform its obligations under, the Transaction AgreementsMaterial Adverse Effect.

Qualification of Buyer. Buyer has all necessary limited liability company the corporate or other appropriate power and authority to own, lease and operate its business property and assets and operate its businesses as now conducted. Buyer is duly qualified as a foreign limited liability company corporation or other organization to do business and, to the extent legally applicable, is in good standing in each jurisdiction where the character of its owned, operated or leased properties or the nature of its activities makes such qualification necessary, except for jurisdictions where the failure to be so qualified or in good standing would not impair or delay the ability of Buyer to consummate the transactions Transactions contemplated by, or perform its obligations under, the Transaction Agreements.