Common use of Qualification to do Business Clause in Contracts

Qualification to do Business. The Seller is duly qualified to do business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which the failure to be so qualified would have a material adverse effect on the Business. Schedule 4.2 attached hereto and made a part hereof sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

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Qualification to do Business. The Seller is duly ---------------------------- qualified to do business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which the failure to be so qualified and in good standing would have a material adverse effect on the BusinessSeller. Schedule 4.2 attached hereto and made a part hereof 5.2 sets forth all jurisdictions in which the Seller is qualified to do businessbusiness as a foreign corporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

Qualification to do Business. The Seller is duly qualified to do business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which necessary, except where the failure to be so qualified qualified, individually or in the aggregate, would not have a material adverse effect on the BusinessMaterial Adverse Effect. Schedule 4.2 attached hereto and made a part hereof 5.2 sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sirco International Corp)

Qualification to do Business. The Each Seller is duly qualified to do business as a foreign corporation or limited partnership (as applicable) and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which necessary, except where the failure to be so qualified qualify would not have a material adverse effect on the BusinessMaterial Adverse Effect. Schedule 4.2 attached hereto and made a part hereof 5.2 sets forth all jurisdictions in which the either Seller is qualified to do businessbusiness as a foreign corporation or limited partnership.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

Qualification to do Business. The Seller is duly qualified to do business conduct the Business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it Assets, the Leased Real Property or the nature of the business Business as conducted by it the Seller makes such qualification necessary and in which necessary, except where the failure to be so qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the Business. Schedule 4.2 attached hereto and made a part hereof sets forth all jurisdictions in which the Seller is qualified to do businessMaterial Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Openwave Systems Inc)

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Qualification to do Business. The Seller is Sellers are duly qualified to do business as a foreign corporation or limited liability company, as the case may be, and is are in good standing in every each jurisdiction in which which, by reason of the character of the its properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which the failure its activities or otherwise, they are required to be so qualified would have a material adverse effect on the Business. Schedule 4.2 attached hereto and made a part hereof sets forth all jurisdictions in which the Seller is qualified to do businessqualified.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gerdau Ameristeel Corp)

Qualification to do Business. The Seller is duly qualified to do business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which necessary, except where the failure to be so qualified would not have a material adverse effect on the Business. Schedule 4.2 attached hereto and made a part hereof sets forth all jurisdictions in which the Seller is qualified to do businessMaterial Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Syms Corp)

Qualification to do Business. The Seller is duly qualified to do business as a foreign corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualification necessary and in which necessary, except where the failure to be so qualified would not have a material adverse effect on the BusinessMaterial Adverse Effect. Schedule 4.2 attached hereto and made a part hereof 5.2 sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

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