Common use of Qualification of Securities and Guarantees for Offer and Sale Clause in Contracts

Qualification of Securities and Guarantees for Offer and Sale. The Company and the Guarantors will endeavor, in cooperation with the Initial Purchasers, to register or qualify the Securities and the Guarantees for offering and sale under the applicable securities laws of such jurisdictions as the Representative may designate and will maintain such qualifications in effect as long as required for the sale of the Securities and the Guarantees; provided, however, that the Company and the Guarantors shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject.

Appears in 2 contracts

Samples: Exhibit (Sonic Automotive Inc), Purchase Agreement (Autobahn Inc)

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Qualification of Securities and Guarantees for Offer and Sale. The Company Issuers and the Guarantors will endeavor, in cooperation with the Initial Purchasers, use their best efforts to register or qualify the Securities and the Guarantees for offering and sale under the applicable securities laws of such jurisdictions as the Representative may reasonably designate and will maintain such qualifications in effect as long as required for the sale of the Securities and the Guarantees; provided, however, that the Company Issuers and the Guarantors shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject.

Appears in 1 contract

Samples: Purchase Agreement (Lower Road Associates LLC)

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Qualification of Securities and Guarantees for Offer and Sale. The Company and the Guarantors will endeavoruse its best efforts, in cooperation with the Initial Purchasers, to register or qualify the Securities and the Guarantees for offering and sale under the applicable securities laws of such jurisdictions as the Representative Initial Purchasers may reasonably designate and will maintain such qualifications in effect as long as required for the sale of the Securities and the Guarantees; provided, however, that the Company and the Guarantors shall not be obligated to file any general consent to service of process or to qualify as a foreign corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in respect of doing business in any jurisdiction in which it is not otherwise so subject.

Appears in 1 contract

Samples: Purchase Agreement (CHC Ireland LTD)

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