Qualification in Foreign Jurisdictions. The Corporation and each Subsidiary is duly qualified to carry on the Business and is in good standing as a foreign corporation in each jurisdiction in which the character of its properties owned or leased or the nature of its activities makes such qualification necessary (other than any jurisdictions in which the failure to so qualify or be in good standing would not, either in any case or in the aggregate, have a Material Adverse Effect).
Appears in 4 contracts
Samples: Convertible Preferred Share Subscription Agreement (Mitel Networks Corp), Share and Warrant Subscription Agreement (Mitel Networks Corp), Subscription Agreement (Mitel Networks Corp)
