Common use of Qualification to do Business Clause in Contracts

Qualification to do Business. Seller has the requisite power and authority and all necessary governmental authority to own, operate or lease the Contributed Assets, and is in good standing in each jurisdiction where the character of its assets owned, operated or leased or the nature of its activities makes such qualification necessary.

Qualification to do Business. Seller has the requisite power and authority and all necessary governmental authority is qualified to own, operate or lease the Contributed Assets, do business and is in good standing in each every jurisdiction where the character of its assets owned, operated or leased or in which the nature of its activities the Business, or the assets and properties owned or operated by it, makes such qualification necessary.

Qualification to do Business. The Seller is registered, licensed or otherwise qualified to do business under the laws of the jurisdictions specified in Section 3.1(d) of the Disclosure Letter. The Seller has the requisite power and authority and all necessary governmental authority corporate power, authority, and capacity to own, operate carry on the Business and to own or lease and operate the Contributed Assets, Purchased Assets as now carried on and is in good standing in each jurisdiction where the character of its assets owned, operated owned or leased or the nature of its activities makes such qualification necessaryand operated.