Common use of Licences etc Clause in Contracts

Licences etc. and Compliance with Laws. Other than as disclosed in Schedule H, all licences, franchises, certificates, consents, rights, rights-of-way, easements, entitlements, approvals, authorizations, registrations, orders and permits (collectively, "Permits") required to enable the Borrower, the Guarantors and each of their Subsidiaries to carry on their respective businesses as now conducted by them and to own, lease and operate their properties and assets have been duly obtained and are currently subsisting in good standing, except for such Permits, the absence of which has not had and would not reasonably be expected to have, a material adverse effect on the business, operations or financial condition of the Borrower and its Subsidiaries taken as a whole. The Borrower, the Guarantors and each of their Subsidiaries have complied in all material respects with all terms and provisions presently required to be complied with by them in all such Permits and with all Applicable Law (other than Environmental Laws) and they are not in violation of any of the respective provisions thereof and in respect of which there is a reasonable possibility that such non-compliance or violation could materially and adversely affect the business, operations or financial condition of the Borrower and its Subsidiaries, taken as a whole, or the ability of the Borrower and the Guarantors to perform their obligations under the Loan Documents.