Qualification of the Company. The Company and each of its Subsidiaries have the requisite corporate power and authority to carry on their business as now being conducted.
Qualification of the Company. The Company has the corporate power and authority to own all of its properties and assets and to carry on its business as now being conducted. The Company is duly qualified and in good standing to do business in each jurisdiction in which the failure to so qualify might have a material adverse effect upon the business or properties of the CompanyCompany. Other than the Company's Subsidiaries, there are no corporations, partnerships or other entities in which the Company owns, of record or beneficially, any direct or indirect equity or other interest or any right to acquire the same. The Company is not a member of (nor is any of its business conducted through) any joint venture, partnership or limited liability company.
Qualification of the Company. The Company is duly qualified or licensed as a foreign corporation to do business, and is in good standing, in each jurisdiction where the character of the properties owned, leased or operated by it or the nature of its activities makes such qualification or licensing necessary, except for such failures to be so duly qualified or licensed and in good standing which could not, individually or in the aggregate, reasonably be expected to have a TG Business Material Adverse Effect.
Qualification of the Company. Each of the Company and its Subsidiaries (each, an “Acquired Company” and collectively the “Acquired Companies”) has all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business as it is currently conducted. Each of the Company and the Acquired Companies is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such licensing or qualification necessary, except where the failure to be so licensed, qualified or in good standing would not have a Material Adverse Effect. Section 3.03 of the Disclosure Letter sets forth each jurisdiction in which the Company and each of the Acquired Companies is licensed or qualified to do business.
Qualification of the Company. The Company is a limited liability company organized under the Laws of the State of Delaware and has the requisite limited liability company power to carry on its business as now being conducted. The Company is duly qualified to do business, and is in good standing, in each jurisdiction in which the property owned, leased, or operated by it or the nature of its business make such qualification necessary, except where the failure to so qualify and be in good standing is not likely to have a Material Adverse Effect.
Qualification of the Company. The Company is duly qualified to do business and is in good standing as a foreign corporation in the States of Texas and Colorado, such states being the only jurisdictions where the character of its properties or the nature of its business requires it to be so qualified, and has the corporate power to own, operate and lease its properties and to carry on its business as presently conducted. There is no jurisdiction other than Alberta, Canada where the character of the properties of CSD Canada or the nature of its business requires it to qualify to do business.
Qualification of the Company. The Company is qualified to do business and is in good standing in each jurisdiction in which the nature of the Business or the properties owned or leased by it requires qualification, except where the failure to be so qualified or in good standing would not have a Material Adverse Effect. The jurisdictions in which the Company is so qualified are set forth in Section 5.2 of the Disclosure Schedule.
Qualification of the Company. The Company and VBP (the “Acquired Companies” and each, an “Acquired Company”) have all necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by each Acquired Company and to carry on their respective businesses as currently conducted. Each of the Acquired Companies is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the properties owned or leased by it or the operation of its business as currently conducted makes such licensing or qualification necessary, except where the failure to be so licensed, qualified or in good standing would not be material to the Acquired Companies.
Qualification of the Company. For the purposes of Section 856(a)(6) and (h) of the Code, the Xxxx Group members agree that they shall not own (within the meaning of Section 544(a) of the Code), both individually and as a group, more than 20% of the total value of the Company's outstanding stock (as determined for purposes of Section 542(a)(2) of the Code) (the "Xxxx Ownership Limit"); and (ii) for purposes of all other ownership attribution rules under the Code (in particular Section 318 of the Code), no single Xxxx Group member shall directly or indirectly own 50% or more of the value of the Company's outstanding stock. The Xxxx Group members further agree that at no time while the Company is a REIT shall they acquire or permit any person within their control to acquire shares of Common Stock or other Equity Securities of the Company if such acquisition would cause the Company to fail to satisfy the REIT requirement that five or fewer individuals cannot own more than 50% of the value of the Company's outstanding stock within the meaning of Sections 544(a)(2) and Section 856(a)(6) and (h) of the Code. The Company acknowledges and agrees that the right of Limited Partners to exchange L.P. Units for Common Stock pursuant to the Exchange Rights Agreement does not constitute the ownership of stock by such Limited Partners under Section 544(a) or 318 of the Code.
Qualification of the Company. The Company has corporate power and authority to own all of its properties and assets and to carry on its business as now being conducted. The Company is duly qualified and in good standing to do business in each jurisdiction in which the property owned or leased by it, or the nature of the business conducted by it, makes such qualification necessary. The Company is not a party to nor does it have the obligation to enter into any joint venture or partnership and it has no subsidiaries.
