Common use of Qualification to Transact Business Clause in Contracts

Qualification to Transact Business. The Company will take all steps necessary to ensure that at all times the Company will be validly existing as an Illinois limited liability company and will be qualified to do business in all jurisdictions in which the conduct of its business requires such qualification and where such qualification is required under applicable local law.

Appears in 2 contracts

Sources: Participating Dealer Agreement (Great Lakes Capital Acceptance LLC), Participating Dealer Agreement (Great Lakes Capital Acceptance LLC)

Qualification to Transact Business. The Company will take all steps necessary to ensure that at all times the Company will be validly existing as an Illinois limited liability company and will be qualified to do business in all jurisdictions in which the conduct of its business requires such qualification and where such qualification is required under applicable local law.

Appears in 1 contract

Sources: Selected Dealer Agreement (Great Lakes Capital Acceptance LLC)