Authorizations, etc. Each of the Covenantor, the Borrower and each Designated Subsidiary possesses all authorizations, permits, consents, registrations and approvals necessary to properly conduct its business the absence of which would have a Material Adverse Effect.
Appears in 2 contracts
Sources: Credit Agreement (Canadian Pacific Kansas City LTD/Cn), Credit Agreement (Canadian Pacific Railway LTD/Cn)
Authorizations, etc. Each of the Covenantor, the each Borrower and each Designated Subsidiary possesses all authorizations, permits, consents, registrations and approvals necessary to properly conduct its business the absence of which would have a Material Adverse Effect.
Appears in 1 contract
Sources: Revolving Credit Facility (Canadian Pacific Kansas City LTD/Cn)