Common use of Qualification of Buyer Clause in Contracts

Qualification of Buyer. Buyer has the appropriate power and authority to operate its businesses as now conducted. Buyer is qualified as a foreign corporation 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 result in a Buyer Material Adverse Effect.

Qualification of Buyer. Buyer has the appropriate power and authority to operate its businesses as now conducted. Buyer is qualified as a foreign corporation 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 assets 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 result in a Buyer Material Adverse Effect.

Qualification of Buyer. Buyer has the appropriate requisite limited liability company power and authority required to operate carry on the business of owning and operating its businesses assets, as such business is now being conducted. Buyer is qualified as a foreign corporation to do business and, to the extent legally applicable, and 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 is necessary, except for those jurisdictions where the failure to be so qualified or in good standing would not result in a Buyer Material Adverse Effectbe material to Buyer.

Qualification of Buyer. Buyer has the appropriate requisite corporate power and authority required to operate carry on the business of owning and operating its businesses assets, as such business is now being conducted. Buyer is qualified as a foreign corporation to do business and, to the extent legally applicable, and 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 is necessary, except for those jurisdictions where the failure to be so qualified or in good standing would not result in a Buyer Material Adverse Effectbe material to Buyer.