Common use of Licenses and Approvals Clause in Contracts

Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the Borrowers.

Appears in 6 contracts

Samples: Loan Agreement (Health Care Reit Inc /De/), Loan Agreement (Health Care Reit Inc /De/), Loan Agreement (Omega Healthcare Investors Inc)

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Licenses and Approvals. (a) Each of the Borrower and the Subsidiaries has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the BorrowersEffect.

Appears in 5 contracts

Samples: Credit Agreement (Welltower Inc.), Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Health Care Reit Inc /De/)

Licenses and Approvals. (a) Each Borrower and each of the Subsidiaries has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the Borrowers.

Appears in 3 contracts

Samples: Loan Agreement (J&j Snack Foods Corp), Loan Agreement (J&j Snack Foods Corp), Loan Agreement (J&j Snack Foods Corp)

Licenses and Approvals. (a) Each of the Borrower and the Subsidiaries has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and RegulationsLaws, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the BorrowersEffect.

Appears in 3 contracts

Samples: Credit Agreement (Welltower Inc.), Credit Agreement (Welltower Inc.), Credit Agreement (Welltower Inc.)

Licenses and Approvals. (a) Each The Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and RegulationsMatters, to own and operate its properties and to carry on its business as now conducted, the absence of which conducted where failure to have such would have result in a Material Adverse Effect on the BorrowersEffect.

Appears in 2 contracts

Samples: Loan Agreement (A C Moore Arts & Crafts Inc), Loan Agreement (A C Moore Arts & Crafts Inc)

Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, which are material to their respective operations, financial condition and properties, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and RegulationsMatters, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the Borrowers.

Appears in 1 contract

Samples: Credit Agreement (National Patent Development Corp)

Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the BorrowersBorrowers taken as a whole.

Appears in 1 contract

Samples: Loan Agreement (Omega Healthcare Investors Inc)

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Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, except for licenses, permits and authorizations the absence of which would not have a Material Adverse Effect on the BorrowersBorrowers on a consolidated basis.

Appears in 1 contract

Samples: Loan Agreement (Omega Healthcare Investors Inc)

Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the Borrowers.properties

Appears in 1 contract

Samples: Credit Agreement (Health Care Reit Inc /De/)

Licenses and Approvals. (a) Each Borrower has all necessary licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws and Regulations, to own and operate its properties and to carry on its business as now conducted, the absence of which would have a Material Adverse Effect on the BorrowersEffect.

Appears in 1 contract

Samples: Loan Agreement (Trinity Place Holdings Inc.)

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