Common use of Licences Clause in Contracts

Licences. The Company holds all licences and permits as may be requisite for carrying on the Business in the manner in which it has heretofore been carried on, which licences and permits have been maintained and continue to be in good standing;

Licences. The Company holds all licences licenses and permits as may be requisite for carrying on the Business of the Company in the manner in which it has heretofore been carried on, which licences licenses and permits have been maintained and continue to be in good standingstanding except where the failure to obtain or maintain such licenses or permits would not have a material adverse effect on the Company Business;