Common use of Qualification to do Business Clause in Contracts

Qualification to do Business. The Buyer 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.

Appears in 2 contracts

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

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Qualification to do Business. The Buyer 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, except where the failure to be so qualified or in good standing would not result in a material adverse effect on the ability of the Buyer to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (DG FastChannel, Inc), Purchase Agreement (Infocrossing Inc)

Qualification to do Business. The Buyer 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, except where the failure to be so qualified, individually or in the aggregate, would not reasonably be expected to have a material adverse effect on the ability of the Buyer to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (P10, Inc.), Asset Purchase Agreement (P10, Inc.)

Qualification to do Business. The Buyer 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, except where the failure to be qualified and in good standing would not, individually or in the aggregate, have a material adverse effect on the Buyer's ability to consummate the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Derby Cycle Corp)

Qualification to do Business. The Buyer Seller and each of the Purchased Subsidiaries 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, except where the failure to be qualified and in good standing would not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Derby Cycle Corp)

Qualification to do Business. The Buyer Purchaser 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, 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.

Appears in 1 contract

Samples: Asset Purchase Agreement (Openwave Systems Inc)

Qualification to do Business. The Buyer is duly qualified to do business as a foreign corporation limited partnership 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, except where the failure to so qualify would not have a material adverse effect on the operations, properties or condition (financial or otherwise) of the Buyer.

Appears in 1 contract

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

Qualification to do Business. The Buyer 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, except where the failure to be so qualified would not have a material adverse affect on the business, operations, assets, properties, condition (financial or otherwise) or prospects of Buyer.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Syms Corp)

Qualification to do Business. The Buyer is duly qualified to do business as a foreign corporation entity 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, except where the failure to be so qualified would not have a material adverse effect on the Buyer’s ability to consummate the transactions contemplated by the Transaction Documents.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

Qualification to do Business. The Buyer 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, except where the failure to be so qualified would not have a material adverse affect on the business, operations, assets, properties, condition (financial or otherwise) or prospects of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

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Qualification to do Business. The Buyer 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.

Appears in 1 contract

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

Qualification to do Business. The Buyer Purchaser is duly qualified to do business as a foreign corporation and is in good standing in every each jurisdiction in which the character nature of the properties owned or leased by it its businesses or the nature ownership or leasing of the business conducted by it its properties makes such qualification necessarynecessary (except for jurisdictions in which the failure to be so qualified would not reasonably be expected to have a Material Adverse Effect on Purchaser).

Appears in 1 contract

Samples: Stock Purchase Agreement (eTelecare Global Solutions, Inc.)

Qualification to do Business. The Each Buyer 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.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mueller Industries Inc)

Qualification to do Business. The Buyer 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 necessarynecessary and in which the failure to be so qualified would have a material adverse effect on the business, operations, properties, assets or condition (financial or other) of the Buyer and its subsidiaries taken as a whole.

Appears in 1 contract

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

Qualification to do Business. The Such Buyer 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 and assets owned or leased by it or the nature of the business conducted by it makes such qualification necessary, except where the failure to be so qualified and in good standing would not, individually or in the aggregate, have or reasonably be expected to have a Buyer Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Genesee & Wyoming Inc)

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