Common use of Qualification to do Business Clause in Contracts

Qualification to do Business. The Company is duly qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein the ownership of its property or the conduct of its business requires such qualification or license and where the failure to be so qualified or licensed might have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conducted.

Appears in 5 contracts

Samples: Admission Agreement (Access Health Inc), Admission Agreement (Providence Journal Co), Admission Agreement (Providence Journal Co)

AutoNDA by SimpleDocs

Qualification to do Business. The Company is duly licensed or qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein where the ownership nature of the business transacted by it or the character of its property properties owned or the conduct of its business requires leased makes such qualification or license and where the failure to be so qualified or licensed might have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conductedlicensing necessary.

Appears in 2 contracts

Samples: Note Agreement (Oneida LTD), Note Agreement (Oneida LTD)

Qualification to do Business. The Company is duly licensed or ---------------------------- qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein where the ownership of its property or the conduct nature of its business requires or the character of its properties makes such qualification or license and licensing necessary, except for such jurisdictions where the failure to be so qualified or licensed might will not have a material materially adverse effect on the business, properties, operations or condition (financial or other) of the Company. The A list of those jurisdictions wherein the Company has all requisite power and authority is qualified to own and operate its properties, to lease the properties it leases and to conduct its do business is set forth in the manner and in the jurisdictions where now conducted.attached Annex I. -------

Appears in 1 contract

Samples: Purchase Agreement (Worldcorp Inc)

Qualification to do Business. The Company is duly licensed or qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein where the ownership nature of the business transacted by it or the character of its property properties owned or the conduct of its business requires leased makes such qualification or license and licensing necessary, except for jurisdictions, individually or in the aggregate, where the failure to be so licensed or qualified or licensed might could not be reasonably expected to have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conductedMaterial Adverse Effect.

Appears in 1 contract

Samples: Danaher Corporation Note Agreement (Danaher Corp /De/)

Qualification to do Business. The Company is duly qualified or qualified, licensed and in good standing authorized to do business as a foreign corporation duly authorized to do business in each jurisdiction wherein the ownership of its in which it owns or leases any material property or in which the conduct of its business requires it to so qualify or be so licensed, and such qualification jurisdictions constitute the only jurisdictions in which the conduct of the Company's business or license and the nature of the property owned or leased by it require it to qualify to do business as a foreign corporation, except where the failure to be so qualified or licensed might qualify would not have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conductedMaterial Adverse Effect.

Appears in 1 contract

Samples: Bluestone Software Inc

AutoNDA by SimpleDocs

Qualification to do Business. The Company is duly qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein the ownership nature of its property properties owned or the conduct of its business requires leased or activities conducted by it makes such licensing or qualification or license and necessary, except in jurisdictions where the failure to be so qualified could not, individually or licensed might in the aggregate, reasonably be expected to have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conductedMaterial Adverse Effect.

Appears in 1 contract

Samples: Preferred Stock Conversion Agreement (Matador Petroleum Corp)

Qualification to do Business. The Company is duly licensed or qualified or licensed and in good standing as a foreign corporation duly authorized to do business in each jurisdiction wherein where the ownership nature of the business transacted by it or the character of its property properties owned or the conduct of its business requires leased makes such qualification or license and where licensing necessary, except when the failure to be so qualified or licensed might would not have a material adverse effect on the Company. The Company has all requisite power and authority to own and operate its business, properties, to lease the properties it leases and to conduct its business in the manner and in the jurisdictions where now conductedoperation or condition, financial or otherwise.

Appears in 1 contract

Samples: Note Agreement (Hurco Companies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!