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, except where the failure to be so qualified, individually or in the aggregate, would not have a Material Adverse Effect. Schedule 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)

AutoNDA by SimpleDocs

Qualification to do Business. The Except as set forth on Schedule 5.2 of the Disclosure Schedules, the Seller 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, individually or in the aggregate, qualified would not have a Material Adverse Effect. Schedule Section 5.2 of the Disclosure Schedules sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

Qualification to do Business. The Each 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, except where the failure to be so qualified, individually or in the aggregate, would not have a Material Adverse Effect. Schedule 5.2 sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mueller 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, except where the failure to be so qualified, individually or in the aggregate, qualified would not have a Material Adverse Effect. Schedule 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)

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, except where necessary and in which the failure to be so qualified, individually or qualified and in the aggregate, good standing would not have a Material Adverse Effectmaterial adverse effect on the Seller. Schedule 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, except where necessary and in which the failure to be so qualified, individually or in the aggregate, qualified would not have a Material Adverse Effectmaterial adverse effect on the Business. Schedule 5.2 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)

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, except where the failure to be so qualifiedqualified or in good standing would not, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. Schedule 5.2 sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Openwave Systems Inc)

AutoNDA by SimpleDocs

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, except where the failure to be so qualified, individually or in the aggregate, qualify would not have a Material Adverse Effect. Schedule 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 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 necessary and in which the failure to be so qualified, individually or qualified and in the aggregate, good standing would not have a Material Adverse Effectmaterial adverse effect on the Seller. Schedule 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 Each Seller is duly qualified to do business as a foreign corporation company and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the business conducted by it Business or the location of tangible Purchased Property makes such qualification necessary, except where the failure to be so qualified, individually or in the aggregate, qualify would not have a Material Adverse Effect. Schedule 5.2 sets forth all jurisdictions each jurisdiction in which the each Seller is qualified to do businessbusiness relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (DG FastChannel, 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, except where the failure to be so qualified, individually or in the aggregate, qualified would not have a Material Adverse Effect. Schedule 5.2 sets forth all jurisdictions in which the Seller is qualified to do business.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Syms Corp)

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