Common use of Qualification to do Business Clause in Contracts

Qualification to do Business. Each Seller is duly qualified to do business as a foreign company and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property makes such qualification necessary, except where the failure to so qualify would not have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction in which each Seller is qualified to do business relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (DG FastChannel, Inc)

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Qualification to do Business. Each Seller of the Sellers is duly qualified to do business as a foreign company entity and is in good standing in every jurisdiction in which the character of the properties and assets owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where the failure to be so qualify qualified and in good standing would not not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction in which each Seller is qualified to do business relating to the Business.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Nationwide Health Properties Inc)

Qualification to do Business. Each The Seller is duly qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where the failure to be so qualify qualified, individually or in the aggregate, would not have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction all jurisdictions in which each the Seller is qualified to do business relating to the Businessbusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sirco International Corp)

Qualification to do Business. Each To Seller's Knowledge, Seller is duly qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which where the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where necessary and which in the failure to so qualify absence of such qualification would not have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction in which each Seller is qualified to do business relating to material adverse effect on the Business, taken as a whole.

Appears in 1 contract

Samples: Asset Purchase and Software License Agreement (Wasatch Education Systems Corp /Ut/)

Qualification to do Business. Each Seller is duly qualified to do business conduct the Business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to Assets, the Business Leased Real Property or the nature of the Business or as conducted by the location of tangible Purchased Property Seller makes such qualification necessary, except where the failure to be so qualify qualified or in good standing would not not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction in which each Seller is qualified to do business relating to the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Openwave Systems Inc)

Qualification to do Business. Each The Seller is duly qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where necessary and in which the failure to be so qualify qualified and in good standing would not have a Material Adverse Effectmaterial adverse effect on the Seller. Schedule 5.2 sets forth each jurisdiction all jurisdictions in which each the Seller is qualified to do business relating to the Businessas a foreign corporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

Qualification to do Business. Each Seller is duly qualified to do business as a foreign company corporation or limited partnership (as applicable) and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where the failure to so qualify would not have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction all jurisdictions in which each either Seller is qualified to do business relating to the Businessas a foreign corporation or limited partnership.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

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Qualification to do Business. Each Seller is duly qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where the failure to be so qualify qualified would not have a Material Adverse Effect. Schedule 5.2 sets forth each jurisdiction in which each Seller is qualified to do business relating to the Business.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Syms Corp)

Qualification to do Business. Each The Seller is duly qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where necessary and in which the failure to be so qualify qualified would not have a Material Adverse Effectmaterial adverse effect on the Business. Schedule 5.2 4.2 attached hereto and made a part hereof sets forth each jurisdiction all jurisdictions in which each the Seller is qualified to do business relating to the Businessbusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

Qualification to do Business. Each The Seller is duly ---------------------------- qualified to do business as a foreign company corporation and is in good standing in every jurisdiction in which the character of the properties owned or leased by it with respect to the Business or the nature of the Business or the location of tangible Purchased Property business conducted by it makes such qualification necessary, except where necessary and in which the failure to be so qualify qualified and in good standing would not have a Material Adverse Effectmaterial adverse effect on the Seller. Schedule 5.2 sets forth each jurisdiction all jurisdictions in which each the Seller is qualified to do business relating to the Businessas a foreign corporation.

Appears in 1 contract

Samples: Asset Purchase Agreement (P&f Industries Inc)

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