Common use of Qualifications To Do Business Clause in Contracts

Qualifications To Do Business. The Borrower and each of its Subsidiaries shall qualify to do business and shall remain in good standing in each jurisdiction in which the nature of their business requires them to be so qualified, except where the failure to so qualify could not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (New American Healthcare Corp), Credit Agreement (New American Healthcare Corp)

AutoNDA by SimpleDocs

Qualifications To Do Business. The Borrower and each of its Subsidiaries shall qualify to do business and shall be and (in the case of corporations) remain in good standing in each jurisdiction in which the nature of their its business requires them it to be so qualified, except where the failure to be so qualify qualified could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Diamond Multimedia Systems Inc), Credit Agreement (S3 Inc)

Qualifications To Do Business. The Borrower and each of its Subsidiaries shall ----------------------------- qualify to do business and shall be and remain in good standing in each jurisdiction in which the nature of their its business requires them it to be so qualified, except where the failure to so qualify could would not in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (American Eco Corp)

Qualifications To Do Business. The Borrower and each of its Subsidiaries shall qualify to do business and shall be and remain in good standing in each jurisdiction in which the nature of their its business requires them it to be so qualified, except where the or in which failure to be so qualify could not qualified and in good standing would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Tele Communications Inc /Co/)

AutoNDA by SimpleDocs

Qualifications To Do Business. The Borrower and each of its Subsidiaries ------------------------------- shall qualify to do business and shall be and remain in good standing in each jurisdiction in which the nature of their its business requires them it to be so qualified, except where the or in which failure to be so qualify could not qualified and in good standing would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Tele Communications Inc /Co/)

Qualifications To Do Business. The Borrower and each of its Subsidiaries shall qualify to do business ----------------------------- and shall be and remain in good standing in each jurisdiction in which the nature of their its business requires them it to be so qualified, except where the or in which failure to be so qualify could not qualified and in good standing would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (DMX Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.