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.
Appears in 3 contracts
Sources: Secured Note Purchase Agreement (TILT Holdings Inc.), Secured Note Purchase Agreement (TILT Holdings Inc.), Secured Note Purchase Agreement (TILT Holdings Inc.)