Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 12 contracts
Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc)
Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate reasonably be expected to result, or create a material risk of resulting, in any Material Adverse ChangeEffect.
Appears in 7 contracts
Samples: Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)
Qualification. Each of the The Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity limited liability company and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 6 contracts
Samples: Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp), Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp), Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp)
Qualification. Each of the The Company and each of its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity limited liability company and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 5 contracts
Samples: Revenue Sharing and Securities Purchase Agreement (Marathon Patent Group, Inc.), Revenue Sharing and Securities Purchase Agreement (Marathon Patent Group, Inc.), Restructuring Agreement (Inventergy Global, Inc.)
Qualification. Each of the Company and its Subsidiaries is ------------- duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 3 contracts
Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Oil Co)
Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate reasonably be expected to result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 3 contracts
Samples: Credit Agreement (Buckeye Cellulose Corp), Credit Agreement (Buckeye Technologies Inc), Credit Agreement (Buckeye Technologies Inc)
Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate resulthave, or create a material risk of resultinghaving, in any Material Adverse Changematerial adverse effect on the Company and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Reimbursement and Security Agreement (Harcourt General Inc), Reimbursement and Security Agreement (Gc Companies Inc)
Qualification. Each of the Company and its Subsidiaries is duly qualified and legally qualified to do business in good standing as a foreign corporation or other entity and is in good standing authorized to do business in each state or jurisdiction (other than the jurisdiction of its incorporation) in which the nature of its activities or the character of the properties it owns or leases makes such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places necessary and in which the manner in which it is conducted, except for failures failure so to be so qualified, authorized or licensed which qualify would not in the aggregate result, or create have a material risk of resulting, in any Material Adverse ChangeEffect.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Gni Group Inc /De/), Securities Purchase Agreement (Party City Corp)
Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material reasonable risk of resulting, in any Material Adverse Change.
Appears in 1 contract
Qualification. Each of the Company and its Significant Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, in good standing, authorized or licensed which would not in the aggregate result, or create a material risk of resultingbe likely to result, in any Material Adverse Change.
Appears in 1 contract
Qualification. Each of the Company and each of its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 1 contract
Qualification. Each of the Company and its Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity limited liability company and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures other than where any such failure to be so qualified, authorized licensed or licensed which would not in qualified has no material impact on the aggregate result, Company’s operations or create a material risk of resulting, in any Material Adverse Changecontemplated operations.
Appears in 1 contract
Samples: Revenue Sharing and Securities Purchase Agreement (Marathon Patent Group, Inc.)
Qualification. Each of the Company and its ------------- Subsidiaries is duly and legally qualified to do business as a foreign corporation or other entity and is in good standing in each state or jurisdiction in which such qualification is required and is duly authorized, qualified and licensed under all laws, regulations, ordinances or orders of public authorities, or otherwise, to carry on its business in the places and in the manner in which it is conducted, except for failures to be so qualified, authorized or licensed which would not in the aggregate result, or create a material risk of resulting, in any Material Adverse Change.
Appears in 1 contract
Samples: Credit Agreement (Westower Corp)