Common use of Qualification; Bonding Clause in Contracts

Qualification; Bonding. Without limiting Section 6.6(b), Purchaser is, or as of the Closing will be, qualified under applicable Laws to hold Leases, Rights of Way, and other rights included in the Assets which are issued by any applicable Governmental Authority. Purchaser has, or as of the Closing will have, posted such bonds and other financial assurances, and provided such evidence of financial responsibility, as may be required by Governmental Authorities for the ownership and operation of the Assets.

Qualification; Bonding. Without limiting Section 6.6(b)‎12.4, Purchaser is, or as of the Closing will be, qualified under applicable Laws to hold Leases, Rights of Way, and other rights included in the Assets which are issued by any applicable Governmental Authority. Subject to the accuracy of Seller’s representations and warranties in Section 4.18, and without limitation of Section 12.4, Purchaser has, or as of the Closing will have, posted such bonds and other financial assurancesCredit Support, and provided such evidence of financial responsibilitysuch Credit Support, as may be required by Governmental Authorities for the ownership and operation of the Assets.