Common use of Corporate Powers, Etc Clause in Contracts

Corporate Powers, Etc. The Borrower shall, and shall cause ATSC ----------------------- and each Restricted Subsidiary of the Borrower to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified, except in those jurisdictions where the failure to so qualify does not have or would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Taylor Ann Stores Corp)

Corporate Powers, Etc. The Borrower shall, and shall cause ATSC ----------------------- and each Restricted Subsidiary of the Borrower to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified, except in those jurisdictions (other than Alabama, Arkansas, Mississippi, and Vermont) where the failure to so qualify does not have or would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Anntaylor Inc)

Corporate Powers, Etc. The Borrower shall, and --------------------- shall cause ATSC ----------------------- and each Restricted Subsidiary of the Borrower to, qualify and remain qualified to do business in each jurisdiction in which the nature of its business requires it to be so qualified, except in those jurisdictions where the failure to so qualify does not have or would not reasonably be expected to have a Material Adverse Effect.. ================================================================ -64-

Appears in 1 contract

Sources: Credit Agreement (Taylor Ann Stores Corp)