QDL definition
Examples of QDL in a sentence
Each of QDL and Questron has all requisite corporate power and authority to carry on its respective business as now being conducted and to own its respective properties and is duly licensed or qualified and in good standing as a foreign corporation in each jurisdiction in which it is required to be so licensed or so qualified, except where the failure to be so licensed or so qualified would not have a Material Adverse Effect on such entity.
No consent, approval or authorization of or declaration or filing with any Person is required for the valid execution, delivery and performance by QDL and Questron of this Agreement and the consummation of the transactions contemplated hereby.
The execution, delivery and performance by each of QDL and Questron of this Agreement and each Other Document to which it is party have been duly authorized by all requisite corporate action.
Each of QDL and Questron is a corporation duly organized and validly existing and in good standing under the laws of the State of Delaware.
QDL and/or Questron shall have completed, to their sole satisfaction, their due diligence investigation of the Company.
So long as QDL and Questron are contesting any such Company Indemnified Claim in good faith, the Company Indemnitees shall not pay or settle any such Company Indemnified Claim.
QDL and Questron shall have received the financial statements referenced in Section 4.13.
QDL and Questron shall use their best efforts to fulfill or cause the fulfillment of the conditions set forth in Article 8.
This Agreement shall not be assignable by any party hereto without the prior written consent of the other parties provided that QDL and Questron may assign its rights under the Agreement to any affiliate of QDL and Questron.
Each of QDL and Questron has full corporate power and authority to enter into this Agreement and each Other Document to which it is party and to consummate the transactions contemplated hereby and thereby.