Common use of Foreign Qualification Certificates Clause in Contracts

Foreign Qualification Certificates. Copies of certificates of the Secretary of State (or the equivalent Governmental Authority) of each jurisdiction in which the Company is qualified as a foreign corporation, dated reasonably near the Initial Purchase Date, in each case stating that the Company is duly qualified and in good standing as a foreign corporation in such jurisdiction and has filed all annual reports required to be filed, and paid all franchise taxes (or the equivalent thereof) required to be paid, in such jurisdiction to the date of such certificate.

Appears in 2 contracts

Sources: Note Purchase Agreement (Econophone Inc), Note Purchase Agreement (Econophone Inc)