Common use of MOTOR VEHICLE LICENSES Clause in Contracts

MOTOR VEHICLE LICENSES. The Buyer shall have been licensed as a Motor Vehicle Dealer under applicable Alabama motor vehicle dealer registration laws and shall have obtained all other authorizations, consents, licenses and permits from applicable governmental agencies having or asserting jurisdiction, which the Buyer deems necessary or appropriate to conduct business as an automobile dealer at the Real Property.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sonic Automotive Inc), Asset Purchase Agreement (Sonic Automotive Inc)

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MOTOR VEHICLE LICENSES. The Buyer shall have been licensed as a Motor Vehicle Dealer under applicable Alabama Texas motor vehicle dealer registration laws and shall have obtained all other authorizations, consents, licenses and permits from applicable governmental agencies having or asserting jurisdiction, which the Buyer deems necessary or appropriate to conduct business as an automobile dealer at each dealership location included in the Real Property.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonic Automotive Inc)

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MOTOR VEHICLE LICENSES. The Buyer shall have been licensed as a Motor Vehicle Dealer under applicable Alabama Georgia motor vehicle dealer registration laws and shall have obtained all other authorizations, consents, licenses and permits from applicable governmental agencies having or asserting jurisdiction, which the Buyer deems necessary or appropriate to conduct business as an automobile dealer at each dealership location included in the Real Property.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonic Automotive Inc)

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