Licensing Status. Bidder represents and warrants that it holds all licenses, registrations, permits and qualifications required under applicable state and federal laws to transact its business as presently conducted, including, but not limited to, licenses to transact business as an automotive dealer or dismantler, as applicable, in all jurisdictions where Bidder transacts such business. Bidder must comply with all applicable laws, statutes, ordinances and regulations regarding use of ARS's service and governing bidding upon and purchase of VEHICLES. Bidder is required to maintain in good standing its automotive dealer or dismantler license, as applicable, throughout the course of its registration with ARS. Bidder shall promptly notify ARS in writing of any change in its licensing status. Licenses must be renewed and submitted to ARS prior to expiration in order to retain active Bidder status.
Appears in 2 contracts
Sources: Bidder Registration Agreement, Bidder Registration Agreement