Qualification in the State Sample Clauses

Qualification in the State. The Company agrees (except as may be otherwise permitted pursuant to the provisions of Section 8.3) that throughout the Lease Term it will continue to be a corporation either organized under the laws of the State or duly qualified to do business in the State as a foreign corporation.
View SourceView Similar (5)
Qualification in the State. Throughout the Loan Term, the Borrower shall continue to be duly authorized to do business in the State.
View SourceView Similar (4)
Qualification in the State. The Company warrants that it is and throughout the Loan Term it will continue to be an entity either organized under the laws of the State or qualified to do business in the State as a foreign entity. The Company shall preserve and keep in full force and effect all licenses and permits necessary to the proper conduct of its business.
View SourceView Similar (4)
Qualification in the State. The Lessee warrants that it is, and throughout the Lease Term it will continue to remain, in good standing under the laws of the State of Louisiana.
View SourceView Similar (2)
Qualification in the State. To the extent either of the Borrower, or any successor or assignee as permitted by Section 5.2, is not organized under the laws of the State, it agrees that throughout the term of this Agreement it will be in good standing in the State.
View SourceView Similar (2)
Qualification in the State. The Lessee warrants that it is and throughout the Lease Term it will continue to be duly qualified to do business in the State.
View SourceView Similar (2)
Qualification in the State. Throughout the term of this Lease Agreement, the Company shall continue to be duly authorized to do business in the State.
View Source
Qualification in the State. The Company warrants (except as may be otherwise permitted pursuant to the provisions of Section 8.3) that it is and throughout the term hereof it will continue to be a corporation either organized under the laws of the State or duly qualified to do business in the State as a foreign corporation.
View Source

Related to Qualification in the State

  • Qualification in State Each of the Company and any Sponsor Affiliates warrant that it is duly qualified to do business in the State, and covenants that it will continue to be so qualified so long as it operates any portion of the Project.

  • Qualification and Good Standing Each Loan Party is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so qualified or in good standing has not had and will not have a Material Adverse Effect.

  • Professional Qualifications It shall be a condition of continued professional employment that employees must apply for enrolment in their appropriate professional licensing body by the thirtieth day of continuous service.

  • Tax Qualification Each Employee Benefit Plan intended to be qualified under Section 401(a) of the Code has been determined to be so qualified by the Internal Revenue Service and nothing has occurred since the date of the last such determination which resulted or is likely to result in the revocation of such determination.

  • Due Qualification and Good Standing The Borrower is in good standing in the State of Delaware. The Borrower is duly qualified to do business and, to the extent applicable, is in good standing in each other jurisdiction in which the nature of its business, assets and properties, including the performance of its obligations under this Agreement, the other Facility Documents to which it is a party and its Constituent Documents, requires such qualification, except where the failure to be so qualified or in good standing could not reasonably be expected to have a Material Adverse Effect.