Governmental Licenses and Permits Sample Clauses

Governmental Licenses and Permits. (a) Excluding Environmental Permits (which are covered solely in Section 3.11), and except as has not had and would not reasonably be expected to result in material liability to the Business, the Sellers hold all governmental qualifications, registrations, filings, privileges, franchises, licenses, permits, approvals or authorizations that are required for the operation of the Transferred Assets or the Business as conducted by the Sellers (collectively, “Material Permits”).
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Governmental Licenses and Permits. Schedule 5.18 hereto contains a complete listing of all material Governmental Licenses held or used by the Company in the conduct of the Business. The Company owns or possesses all right, title and interest in and to all material Governmental Licenses that are necessary to own and operate the Business as presently conducted. Each such Governmental License has been duly obtained, is valid and in full force and effect and is not subject to any Proceeding to revoke, cancel, modify, limit, restrict or declare such Governmental License invalid. The Company is in material compliance with the terms and conditions of such Governmental Licenses and has not received any written notices of the violation of any of the terms or conditions of such Governmental Licenses. The consummation of the transactions contemplated hereby will not, and no event has occurred or circumstance exists that may (with or without the giving of notice or the passage of time or both or otherwise) (i) constitute or result, directly or indirectly in a material violation of or a failure to comply with any term or requirement of any material Governmental License, or (ii) result directly or indirectly in the revocation, withdrawal, suspension, cancellation, termination or modification of any material Governmental License. All applications required to have been filed for the continued validity or renewal of any Governmental License have been duly filed on a timely basis with the appropriate Governmental Agency or other Person, and all other filings required to have been made with respect to the Governmental License have been duly made on a timely basis with the appropriate Governmental Agency or other Person, except, in each case, as would not have a Material Adverse Effect.
Governmental Licenses and Permits. (a) Excluding Environmental Permits (which are covered in Section 3.11), each of the Company and the Company Subsidiaries holds all material governmental qualifications, registrations, filings, licenses, permits, orders, approvals or authorizations necessary to conduct its respective business and to own or use its respective assets and properties, as such businesses, assets and properties are conducted, owned and used on the date hereof (collectively, the "Material Permits").
Governmental Licenses and Permits. Seller and its Subsidiaries, in the aggregate, hold all Permits that are necessary to own, lease or operate the assets or properties of the Business and for the operation of the Business as currently operated, except where the failure to hold such Permits, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect. Except for such matters that, individually or in the aggregate, have not had and would not reasonably be expected to have a Material Adverse Effect all such Permits held by Seller and its Subsidiaries are in full force and effect and, to the Knowledge of Seller, there has occurred no material violation of, default under or event, or written notice of any material violation, default under or event, giving to others any right of revocation, non- renewal, adverse modification or cancellation of, with or without notice or lapse of time or both, any such Permit, nor would any such revocation, non-renewal, adverse modification or cancellation result from the consummation of the transactions contemplated hereby or by the Ancillary Agreements.
Governmental Licenses and Permits. The "Permits Schedule" --------------------------------- ---------------- attached hereto contains a listing and summary description of all material Licenses used in the conduct of the Acquired Business as presently conducted (including, without limitation, material Licenses owned or possessed by the Seller with respect to the Residual Acquired Commercial Assets and material Licenses owned or possessed by any of the Acquired Companies). Except as indicated on the Permits Schedule, the Seller and the Acquired Companies own or ---------------- possess all right, title and interest in and to all of the material Licenses that are necessary to conduct, own or operate the Acquired Business as presently conducted, owned or operated. The Seller and each of the Acquired Companies are in compliance with the terms and conditions of such material Licenses and have received no notices that they are in violation of any of the terms or conditions of such material Licenses. The Seller and each of the Acquired Companies have taken all necessary action to maintain such material Licenses. No loss or expiration of any such material License is threatened (in writing) or pending other than expiration in accordance with the terms thereof. Except as indicated on the Permits Schedule, all of the Licenses are in full force and shall survive ---------------- the transactions contemplated hereby.
Governmental Licenses and Permits. 19 3.14 Employees.................................................... 19 3.15
Governmental Licenses and Permits. (i) The Company owns, holds or possesses all material governmental qualifications, registrations, licenses, permits or authorizations that are necessary for it to conduct its business and to own or use its assets and properties, as such business, assets and properties are conducted, owned and used on the SAPA Execution Date (collectively, the “Permits”).
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Governmental Licenses and Permits. (a) Excluding Environmental Permits (which are covered solely in Section 4.11), and except as has not had and would not reasonably be expected to result in material liability to the CCBCC Business, the CCBCC Parties hold all governmental qualifications, registrations, filings, privileges, franchises, licenses, permits, approvals or authorizations that are required for the operation of the CCBCC Transferred Assets or the CCBCC Business as conducted by the CCBCC Parties (collectively, “CCBCC Material Permits”).
Governmental Licenses and Permits. (a) Each of the Acquired Companies (and, to the extent relating to the FSS Business, each of the Asset Sellers and PTC) owns, holds or possesses all material governmental qualifications, registrations, licenses, permits or authorizations that are necessary for it to conduct the FSS Business and to own or use its assets and properties (other than the Excluded Assets), as such FSS Business, assets and properties are conducted, owned and used on the date hereof (collectively, the “Permits”).
Governmental Licenses and Permits. The Purchaser (and its designee) have obtained all required authorizations, permits and licenses required for it to operate the Business.
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