13Permits Sample Clauses
13Permits. (a) All Permits related to, associated with or concerning the Project or the Project Real Property that have been obtained by ProjectCo as of the Closing Date are set forth on Section 19.13(a) of the Disclosure Schedules (the “Project Closing Permits”) and electronic copies of all Project Closing Permits have been provided to Purchaser. ProjectCo owns or validly holds and is in compliance with all the Project Closing Permits, and each Project Closing Permit is valid, binding and in full force and effect, has not been appealed, terminated, revoked or modified, and all rights of third parties to appeal any Project Closing Permit have expired. No notice of noncompliance or default has been received by Seller or ProjectCo, and ProjectCo is not in material default (or with the giving of notice or lapse of time or both, would be in material default), under any Project Closing Permit.
(b) All Permits that are necessary for ProjectCo to develop, construct, operate and maintain the Project or for the sale of power and Environmental Attributes generated by or associated with the Project pursuant to the Contract for Differences, including, without limitation, ownership, maintenance and operation of the Project Assets (other than the Project Closing Permits set forth on Section 19.13(a) of the Disclosure Schedules) are set forth on Section 19.13(b) of the Disclosure Schedules (the “Remaining Permits” and with Project Closing Permits, the “Complete Project Permits”). As of the Closing Date, Seller has provided electronic copies of each Complete Project Permit to Purchaser. ProjectCo owns or validly holds and is in compliance with all the Complete Project Permits, and each Complete Project Permit is valid, binding and in full force and effect, has not been appealed, terminated, revoked or modified, and all rights of third parties to appeal any Complete Project Permit have expired. No notice of noncompliance or default has been received by Seller or ProjectCo, and ProjectCo is not in material default (or with the giving of notice or lapse of time or both, would be in material default), under any Complete Project Permit. As each Permit was obtained, Seller has Made Available a true and correct copy of (i) each Complete Project Permit, (ii) all material documents, reports and correspondence provided by Seller on behalf of ProjectCo to any Governmental Authority with respect to any Permit, and (iii) all material documents, reports and correspondence received by ProjectCo fr...
13Permits. Each Borrower has all franchises, permits, licenses and any similar authority necessary for the conduct of its business as now being conducted by it, the lack of which would have a Material Adverse Effect, and each Borrower is not in default in any material respect under any of such franchises, permits, licenses or other authority.
13Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.
13Permits. Except as set forth on Section 3.13 of the Disclosure Letter, the Transferred Entities hold all Permits required for the conduct of the Business as it is currently conducted or for the ownership, lease, and operation of the rights, properties, or assets of the Transferred Entities, except where the failure to have such Permits would not, individually or in the aggregate, reasonably be expected to be material to the Business (taken as a whole).
(i) All of such Permits held by or issued to the Transferred Entities are in full force and effect, and no suspension, revocation, cancellation or modification of any of them has been, to the Knowledge of the Business, threatened, (ii) each Transferred Entity is in compliance with each such Permit held by or issued to it, and (iii) no condition exists that, with or without notice or lapse of time, or both, would constitute a default under such Permits, and, to the Knowledge of the Business, there is no reasonable basis for the withdrawal, suspension, revocation, non-renewal, cancellation or adverse modification of any such Permit, except as would not, in each case of clauses (i)-(iii), individually or in the aggregate, reasonably be expected to be material to the Business (taken as a whole).
13Permits. AMR and its Subsidiaries each holds all material Permits that are required by any Governmental Entity to permit them or either of them to conduct its business as now conducted, and all such permits are valid and in full force and effect and will remain so upon consummation of the transactions contemplated by this Agreement. To the best knowledge of the AMR Shareholders, no suspension, cancellation or termination of any of such Permits is threatened or imminent.