QUALIFIED TO DO BUSINESS Clause Samples
The "Qualified to Do Business" clause requires that a party, typically a company, is properly registered and authorized to conduct business in the relevant jurisdictions where it operates under the agreement. This means the company must have obtained all necessary licenses, permits, or registrations required by state or local authorities to legally perform its obligations. For example, a corporation entering into a contract in another state must ensure it is registered as a foreign entity in that state. The core function of this clause is to ensure legal compliance and prevent disruptions or invalidation of the contract due to a party's lack of proper business authorization.
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QUALIFIED TO DO BUSINESS. Contractor represents and warrants that Contractor is (a) in good standing; (b) qualified to do business in the State of Washington; and (c) registered with the Washington State Department of Revenue and the Washington Secretary of State.
QUALIFIED TO DO BUSINESS. Contractor represents and warrants that it is in good standing and qualified to do business in the State of Washington, that it is registered with the Washington State Department of Revenue and the Washington Secretary of State, that it possesses and shall keep current all required licenses and/or approvals, and that it is current, in full compliance, and has paid all applicable taxes owed to the State of Washington.
QUALIFIED TO DO BUSINESS. Contractor represents and warrants that it is in good standing and qualified to do business in the State of Washington, that it is registered with the Washington State Department of Revenue and the Washington Secretary of State, that it possesses and shall keep current all required licenses and/or approvals, and that it is current, in full compliance, and has paid all applicable taxes owed to the State of Washington. Contractor further represents and warrants that, within fifteen (15) days of executing any Participating Addendum and prior to making any sales pursuant to such Participating Addendum, Contractor shall be in good standing and qualified to do business in such state and that Contractor properly shall have registered to do business in such state, shall possess and shall keep current all required licenses and/or approvals, and that it shall be current, in full compliance, and have paid all applicable taxes owed to such state.
QUALIFIED TO DO BUSINESS. Center represents and warrants that it is in good standing and qualified to do business in the State of Washington, that it possesses and shall keep current all required licenses and/or approvals, and that it is current, in full compliance, and has paid all applicable taxes owed to the State of Washington.
QUALIFIED TO DO BUSINESS. Contractor represents and warrants that Contractor is (a) in good standing;
QUALIFIED TO DO BUSINESS. Evidence that the Borrower is duly licensed and qualified to transact business in all jurisdictions where it transacts business and/or where the character of property owned or leased by the Borrower, or the nature of the business transacted by the Borrower makes licensing or qualification necessary, except where the failure to be so licensed and qualified to do business will have a Material Adverse Effect on the Borrower;
QUALIFIED TO DO BUSINESS. Contractor represents and warrants that it is a validly existing national bank that is authorized and qualified to do business in the State of Washington and all other states of the United States (each, a “U.S. State”), that it possesses documentation that reflects this authorization from the office of the Comptroller of the Currency, and that it is current, in full compliance, and has paid all applicable taxes owed to the State of Washington. Contractor further represents and warrants that it will do the equivalent for any U.S. State for which it executes a Participating Addendum.
QUALIFIED TO DO BUSINESS. Subject to the licensing contingencies described in Section 3.4, NuLeaf Cultivation is duly qualified to do business, is validly licensed and is in good standing in the jurisdictions where the conduct of the NuLeaf Cultivation business requires it to be so qualified and/or licensed.
QUALIFIED TO DO BUSINESS. Epic represents and warrants that Epic is (a) in good standing;
QUALIFIED TO DO BUSINESS. Each party represents that it is legally qualified to do business in the state in which the Lease Area is located.