Common use of Legality; Governmental Authorization Clause in Contracts

Legality; Governmental Authorization. The purchase of the Securities shall not be prohibited by any law or governmental order or regulation, and shall not subject Investor to any penalty, special tax, or other onerous condition. All necessary consents, approvals, licenses, permits, orders, and authorizations of, or registrations, declarations, and filings with, any governmental or administrative agency or of or with any other Person with respect to any of the transactions contemplated by this Agreement, the Note, the Warrant, the Series C Preferred Stock, the Financing Agreements, or any of the Related Agreements shall have been duly obtained or made and shall be in full force and effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Bpi Packaging Technologies Inc), Security Agreement (Bpi Packaging Technologies Inc)

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Legality; Governmental Authorization. The Neither the purchase of the Investor Securities nor the consummation of any of the transactions contemplated hereunder shall not be prohibited by any law Legal Requirement, or governmental order or regulation, and shall not subject Investor you to any penalty, special tax, or other onerous condition. All necessary consents, approvals, licenses, permits, orders, orders and authorizations of, or and registrations, declarations, declarations and filings with, any governmental or administrative agency or of or with any other Person with respect to any of the transactions contemplated by this Agreement, Agreement or the Note, the Warrant, the Series C Preferred Stock, the Financing Agreements, or any of the other Related Agreements shall have been duly obtained or made and shall be in full force and effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Province Healthcare Co), Iae Inc

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