Common use of Due Registration Clause in Contracts

Due Registration. Each of HTC LP and HTD LP is duly registered as a foreign limited partnership in good standing, and has obtained all necessary licenses and approvals, in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualifications, except where the failure to so qualify or to have obtained such licenses and approvals would not have a material adverse effect on the earnings or business affairs of either HTC LP or HTD LP.

Due Registration. Each of HTC LP and HTD LP is duly registered as a foreign limited partnership in good standing, and has obtained all necessary licenses and approvals, approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business requires such qualifications, except where the failure to so qualify or to have obtained such licenses and approvals would not have a material adverse effect on the earnings or business affairs of either HTC LP or HTD LP.