Common use of Permits Clause in Contracts

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 159 contracts

Sources: Secured Convertible Promissory Note Purchase Agreement (Aspen Neuroscience, Inc.), Common Stock Purchase Agreement (FireFly Robotics, Inc.), Common Stock Purchase Agreement (FireFly Robotics, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably materially and adversely affect the business, properties, prospects, or financial condition of the Company, and the Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 23 contracts

Sources: Collaboration Agreement (Theravance Inc), Collaboration Agreement (Theravance Inc), Securities Purchase Agreement (Ascent Solar Technologies, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to would have a Material Adverse Effect, and believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as presently planned to be conducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 22 contracts

Sources: Securities Purchase Agreement (Immix Biopharma, Inc.), Securities Purchase Agreement (Aridis Pharmaceuticals, Inc.), Series F Preferred Stock Purchase Agreement (Kensington Capital Acquisition Corp.)

Permits. The Company and each of its subsidiaries has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 19 contracts

Sources: Subscription Agreement (Pedevco Corp), Subscription Agreement (Lafayette Energy Corp.), Subscription Agreement (TRxADE HEALTH, INC)

Permits. The Company has all franchises, permits, licenses and any similar authority authorizations necessary for the conduct of its business, and is not in default of any such authorizations, where the lack absence or default of which such authorization could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 18 contracts

Sources: Stock Purchase Agreement (Entech Solar, Inc.), Stock Purchase Agreement (Entech Solar, Inc.), Stock Purchase Agreement (Entech Solar, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now conducted, the lack of which could reasonably be expected to have a Material Adverse Effectwould materially and adversely affect the business or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 17 contracts

Sources: Securities Purchase Agreement (Intelliquis International Inc), Securities Purchase Agreement (Nanopierce Technologies Inc), Securities Purchase Agreement (Airtech International Group Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now conducted, the lack of which could reasonably be expected to have a Material Adverse Effectwould materially and adversely affect the business or financial condition of such company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 16 contracts

Sources: Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Securities Purchase Agreement (Greenhold Group Inc), Preferred Stock Purchase Agreement (Health Systems Solutions Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably materially and adversely affect the business, properties or financial condition of the Company, and believes it can obtain without undue burden or expense, any similar authority for the conduct of its business as planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 15 contracts

Sources: Securities Purchase Agreement (Cryocon Inc), Securities Purchase Agreement (Cryocon Inc), Securities Purchase Agreement (Cryocon Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority materially necessary for the conduct of its businessbusiness as now being conducted by it and believes it can obtain, without undue burden or expense, any similar authority for the lack conduct of which could reasonably its business as presently planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 13 contracts

Sources: Securities Purchase Agreement (Opti-Harvest, Inc.), Note and Warrant Purchase Agreement (Opti-Harvest, Inc.), Note and Warrant Purchase Agreement (Opti-Harvest, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably materially and adversely affect the business, properties, prospects, or financial condition of the Company and believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 11 contracts

Sources: Series a Preferred Stock Purchase Agreement (Software Net Corp), Series B Preferred Stock Purchase Agreement (Software Net Corp), Series D Preferred Stock Purchase Agreement (Software Net Corp)

Permits. The Company and each of its subsidiaries has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 11 contracts

Sources: Preferred Stock Purchase Agreement (Opgen Inc), Series B Preferred Stock Purchase Agreement (Regeneron Pharmaceuticals, Inc.), Series B Convertible Preferred Stock Purchase Agreement

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, except to the extent the lack of which could would not reasonably be expected to have a Material Adverse Adversely Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthority which would be reasonably expected to have a Material Adverse Effect.

Appears in 11 contracts

Sources: Merger Agreement, Subscription Agreement, Merger Agreement (Arrowhead Research Corp)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 11 contracts

Sources: Series a Preferred Stock Purchase Agreement (You on Demand Holdings, Inc.), Series B Preferred Stock Purchase Agreement, Stock Purchase Agreement (Kranem Corp)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 8 contracts

Sources: Convertible Promissory Note Purchase Agreement (Passage BIO, Inc.), Series a 1 Preferred Stock Purchase Agreement, Stock Purchase Agreement (Minerva Neurosciences, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectbusiness as now being conducted by it. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 8 contracts

Sources: Series E Preferred Stock Purchase Agreement (Fluidigm Corp), Series E Preferred Stock Purchase Agreement (Fluidigm Corp), Series E Preferred Stock Purchase Agreement (Fluidigm Corp)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to would have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 8 contracts

Sources: Note Purchase Agreement, Credit Facility Agreement (Marrone Bio Innovations Inc), Convertible Note Purchase Agreement (Marrone Bio Innovations Inc)

Permits. The Company has all material franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, and the lack Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of which could reasonably its business as planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such its franchises, permits, licenses licenses, or other similar authority.

Appears in 8 contracts

Sources: Strategic Alliance Agreement (Theravance Inc), Common Stock Purchase Agreement (Theravance Inc), Strategic Alliance Agreement (Theravance Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to would have a Material Adverse EffectEffect on the Company, and believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as presently planned to be conducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 7 contracts

Sources: Private Placement Subscription Agreement (CancerVAX, Inc.), Securities Purchase Agreement (Reviv3 Procare Co), Securities Purchase Agreement (Reviv3 Procare Co)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted and currently planned to be conducted by it, the lack of which could reasonably materially and adversely affect the business, properties or financial condition of the Company, and the Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as currently planned to be expected to have a Material Adverse Effectconducted. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 7 contracts

Sources: Series a and a 1 Preferred Stock Purchase Agreement, Series a Preferred Stock Purchase Agreement, Series B Preferred Stock Purchase Agreement

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthority that would materially and adversely affect the Company's business.

Appears in 6 contracts

Sources: Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The , and the Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 6 contracts

Sources: Purchase Agreement, Purchase Agreement, Purchase Agreement

Permits. The Company has all franchises, the permits, licenses and any similar authority necessary for the to conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Stock Purchase Agreement (VelaTel Global Communications, Inc.), Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (China Tel Group Inc)

Permits. The Company has and its subsidiaries have all franchises, permits, licenses and any similar authority necessary for the conduct of its businesstheir business as now conducted, the lack of which could reasonably be expected to have result in a Material Adverse Effect. The Company is and its subsidiaries are not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Flour City International Inc), Share Purchase Agreement (China World Trade Corp), Share Purchase Agreement (China World Trade Corp)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 5 contracts

Sources: Convertible Note Purchase Agreement (DoorDash Inc), Convertible Note Purchase Agreement (DoorDash Inc), Series a Preferred Stock Purchase Agreement (Imperva Inc)

Permits. The Company has all material franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Note and Initial Settlement Shares Issuance Agreement (Target Global Acquisition I Corp.), Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.), Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for and material to the conduct of its businessbusiness as currently conducted, the lack of which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Company’s business, properties or financial condition. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Surgivision Inc)

Permits. The Company has possesses all material franchises, permits, licenses and any similar authority necessary for the conduct of its the Company’s business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Note Purchase Agreement, Note Purchase Agreement (Soliton, Inc.), Note Purchase Agreement (Soliton, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Note Purchase Agreement (Scolr Inc), Securities Purchase Agreement (Pc Quote Inc), Common Stock and Warrant Purchase Agreement (Helix Biomedix Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 5 contracts

Sources: Note Purchase Agreement (BioLife4D Corp), Note Purchase Agreement (BioLife4D Corp), Note Purchase Agreement (BioLife4D Corp)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Klaviyo, Inc.), Stock Purchase Agreement (Klaviyo, Inc.), Stock Issuance Agreement (Monogram Orthopaedics Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Series C Preferred Stock Purchase Agreement, Stock Purchase Agreement (Motive Inc), Stock Purchase Agreement (Motive Inc)

Permits. The Company and each of its subsidiaries has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could has had or would reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Series a 2 Preferred Stock Purchase Agreement (Newsmax Inc.), Subscription Agreement (Newsmax Inc.), Subscription Agreement (Newsmax Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted or proposed to be conducted, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially adversely affect the business, properties, prospects or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Supplemental Warrant Agreement (Accretive Health, Inc.), Protection Warrant Agreement (Accretive Health, Inc.), Supplemental Warrant Agreement (Accretive Health, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Vuzix Corp), Subscription Agreement, Kiss Agreement

Permits. The Company has all material franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectbusiness ("Permits"). The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityPermits.

Appears in 4 contracts

Sources: Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted and as currently proposed to be conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The To its knowledge, Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Secured Convertible Bridge Note Purchase Agreement (Right Start Inc /Ca), Common Stock Purchase Agreement (Right Start Inc /Ca), Series a Preferred Stock Purchase Agreement (Right Start Inc /Ca)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted and presently proposed to be conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 4 contracts

Sources: Note Purchase Agreement (Netskope Inc), Note Purchase Agreement (Netskope Inc), Note Purchase Agreement (Netskope Inc)

Permits. The Company has all franchises, permits, licenses and ------- any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthority and, to the knowledge of the Company, no suspension or cancellation of any of them is threatened.

Appears in 4 contracts

Sources: Series a Preferred Stock Purchase Agreement (Petopia Com Inc), Series D Preferred Stock Purchase Agreement (Petopia Com Inc), Series C Preferred Stock Purchase Agreement (Petopia Com Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Black Raven Energy, Inc.), Securities Purchase Agreement (Black Raven Energy, Inc.), Securities Purchase Agreement (Black Raven Energy, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could is reasonably be expected likely to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority. The Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as it is currently planned to be conducted.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Neutral Tandem Inc), Stock Purchase Agreement (Neutral Tandem Inc), Stock Purchase Agreement (Neutral Tandem Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Protein Polymer Technologies Inc), Series B Preferred Stock Purchase Agreement (Zymogenetics Inc), Securities Purchase Agreement (Protein Polymer Technologies Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now conducted, the lack of which could reasonably be expected to have a Material Adverse Effectwould materially and adversely affect the business or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Securities Purchase Agreement (Online System Services Inc), Securities Purchase Agreement (American Electromedics Corp), Securities Purchase Agreement (American Electromedics Corp)

Permits. The Company has and its Subsidiaries have all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Company Material Adverse Effect. The Company is and its Subsidiaries are not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Merger Agreement (Kardigan, Inc.), Merger Agreement (Kardigan, Inc.), Merger Agreement (Kardigan, Inc.)

Permits. The Company and each of its Subsidiaries has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority, and all such licenses and permits are in full force and effect and no material violations exist in respect of any such licenses or permits and no proceeding is pending or threatened to revoke or limit any thereof.

Appears in 3 contracts

Sources: Series B Convertible Preferred Stock Purchase Agreement (GEM Surgilight Investors, LLC), Series B Preferred Stock and Warrant Purchase Agreement (Datametrics Corp), Series B Convertible Preferred Stock Purchase Agreement (Surgilight Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could which, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 3 contracts

Sources: Senior Convertible Demand Promissory Note Purchase Agreement, Senior Subordinated Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc), Senior Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to would have a Material Adverse Effect. The , and the Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Convertible Note Purchase Agreement (RTW Investments, Lp), Convertible Note Subscription Agreement (PaxMedica, Inc.), Note Purchase Agreement

Permits. The Company has all franchises, permits, licenses license and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Series D Preferred Stock Purchase Agreement (Technology Crossover Management Iv LLC), Series E Non Voting Preferred Stock and Warrant Purchase Agreement (Technology Crossover Management Iv LLC), Series C Preferred Stock Purchase Agreement (Technology Crossover Management Iv LLC)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it and as currently proposed to be conducted as disclosed in the SEC Documents, the lack of which could would reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 3 contracts

Sources: Share Purchase Agreement (Penwest Pharmaceuticals Co), Securities Purchase Agreement (Penwest Pharmaceuticals Co), Securities Purchase Agreement (Penwest Pharmaceuticals Co)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Note and Share Purchase Agreement (Dyna Cam), Convertible Note Purchase Agreement (Quality Care Solutions Inc), Merger Agreement (Softquad Software LTD)

Permits. The Company has all franchises, permits, licenses and any similar authority issued by the appropriate federal, state, local or foreign regulatory or self-regulatory authorities necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse EffectEffect (“Material Permits”). The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthority and has not received any notice of proceeding relating to the revocation or modification of any Material Permit.

Appears in 3 contracts

Sources: Cumulative Convertible Senior Note and Warrant Purchase Agreement (Coupon Express, Inc.), Cumulative Convertible Senior Note and Warrant Purchase Agreement (Coupon Express, Inc.), Cumulative Convertible Senior Note and Warrant Purchase Agreement (Psi Corp)

Permits. The Company has all franchises, permits, licenses and any similar authority ------- authorizations necessary for the conduct of its business, and is not in default of any such authorizations, where the lack absence or default of which such authorization could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Entech Solar, Inc.), Stock Purchase Agreement (Entech Solar, Inc.), Stock Purchase Agreement (Entech Solar, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 3 contracts

Sources: Note Purchase Agreement (Mobia Medical, Inc.), Note Purchase Agreement (Mobia Medical, Inc.), Note Purchase Agreement (Mobia Medical, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Share Purchase Agreement (Medigus Ltd.), Share Purchase Agreement (Medigus Ltd.), Share Purchase Agreement (Medigus Ltd.)

Permits. The Company and each of its Subsidiaries has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 3 contracts

Sources: Series a Preferred Stock and Warrant Purchase Agreement (Farmstead Telephone Group Inc), Series a Preferred Stock and Warrant Purchase Agreement (Farmstead Telephone Group Inc), Series a Preferred Stock and Warrant Purchase Agreement (Farmstead Telephone Group Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 3 contracts

Sources: Common Stock Purchase Agreement (Enzon Inc), Common Stock Purchase Agreement (Enzon Inc), Common Stock Purchase Agreement (Clearcommerce Corp)

Permits. The To the Company’s knowledge, the Company has all franchises, the permits, licenses and any similar authority necessary for the to conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The To the Company’s knowledge, the Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (China Tel Group Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, and the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. All of such franchises, permits, licenses or other similar authority are in full force and effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Series C Preferred Stock Purchase Agreement (Jamdat Mobile Inc), Series D Preferred Stock Purchase Agreement (Jamdat Mobile Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could would reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Class D Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectbusiness as now being conducted by it. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (FCCC Inc), Stock Purchase Agreement (First Connecticut Capital Corp/New/)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct operation of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Subscription Agreement (Electric Aquagenics Unlimited Inc), Subscription Agreement (Electric Aquagenics Unlimited Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to would not have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority, except where such default would not have a Material Adverse Effect.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Terremark Worldwide Inc), Stock Purchase Agreement (Terremark Worldwide Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as currently conducted, the lack of which could would be reasonably be expected to have a Material Adverse Effect. The Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be conducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Series B Preferred Stock Purchase Agreement (Energy & Power Solutions, Inc.), Series B Preferred Stock Purchase Agreement (Energy & Power Solutions, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, and the lack Company reasonably believes that it can obtain, without undue burden or expense, any similar authority for the conduct of which could reasonably its business as planned to be expected conducted according to have a Material Adverse Effectthe Overview. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthority where such default has caused or could reasonably be expected to cause a Material Adverse Effect.

Appears in 2 contracts

Sources: Series a Preferred Stock Purchase Agreement (Azul Holdings Inc), Series a Preferred Stock Purchase Agreement (Cadmus Communications Corp/New)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, business the lack of which could reasonably be expected to would have a Material Adverse Effect, and Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be conducted. The Company is not in default in any material Material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Revenue Loan and Security Agreement (T1V, Inc.), Revenue Loan and Security Agreement (NowRx, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could is reasonably be expected likely to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Viisage Technology Inc), Securities Purchase Agreement (Viisage Technology Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have would constitute a Material Adverse EffectEvent, and believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be conducted. The Company is not in default in any material respect under any of such franchises, permits, licenses license, or other similar authority.

Appears in 2 contracts

Sources: Series E Preferred Stock Purchase Agreement (Concur Technologies Inc), Series D Preferred Stock Purchase Agreement (Concur Technologies Inc)

Permits. The Company has and its Subsidiaries have all franchises, permitsPermits, licenses and any similar authority necessary for the conduct of its business, business except where the lack of which failure to do so could not reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permitsPermits, licenses or other similar authorityauthority except where any such default could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Sources: Note Purchase Agreement (Redaptive, Inc.), Convertible Note Purchase Agreement (Redaptive, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to would have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Series C Preferred Stock Purchase Agreement (Eastman Kodak Co), Series a Preferred Stock Purchase Agreement (Eastman Kodak Co)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now conducted, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Meat-Tech 3D Ltd.), Share Purchase Agreement (Meat-Tech 3D Ltd.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now conducted, the lack of which could reasonably be expected to have a Material Adverse Effectwould materially and adversely affect the business, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Iis Intelligent Information Systems LTD), Securities Purchase Agreement (Iis Intelligent Information Systems LTD)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Company Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Business Combination Agreement (Cartesian Growth Corp II), Business Combination Agreement (Cartesian Growth Corp III)

Permits. The Company has all franchises, permits, licenses ------- and any similar authority authorizations necessary for the conduct of its business, and is not in default of any such authorizations, where the lack absence or default of which such authorization could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Stock and Warrant Purchase Agreement (Worldwater & Solar Technologies Corp.), Stock and Warrant Purchase Agreement (Worldwater & Solar Technologies Corp.)

Permits. The To its knowledge, the Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, results of operations or financial condition of the Company. The To its knowledge, the Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Warrant Purchase Agreement (Lawson Software Inc), Warrant Purchase Agreement (Lawson Software Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to could, individually or in the aggregate, have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (I Flow Corp /De/), Securities Purchase Agreement (I Flow Corp /De/)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Joinder Agreement, Joinder Agreement (Opko Health, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, business the lack of which could could, individually or in the aggregate, have, or may be reasonably be expected to have result in a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Forward Industries Inc), Securities Purchase Agreement (Metro One Telecommunications Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Company Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Subscription Agreement (GlenRose Instruments Inc.), Subscription Agreement (Blum Strategic GP IV, L.L.C.)

Permits. The Company has all franchises, permits, licenses and ------- any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Series B Preferred Stock Purchase Agreement (Drugstore Com Inc), Series a Preferred Stock Purchase Agreement (Drugstore Com Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect, and the Company believes it can obtain, without undue burden or expense, any similar authority for the conduct of its business as proposed. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Aethlon Medical Inc), Stock Purchase Agreement (Aethlon Medical Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the assets, properties, condition (financial or otherwise), operating results, prospects or business of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Purchase Agreement (Dexterity Surgical Inc), Series a Cumulative Convertible Preferred Stock Purchase Agreement (Lifequest Medical Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse EffectEffect and believes that it can obtain, without undue burden or expense, any similar authority for the conduct of its business as planned to be conducted. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Master Agreement (Zoll Medical Corp), Master Agreement (Zoll Medical Corporation)

Permits. The Company has all franchises, permits, licenses and any similar authority material to or necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could would reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the Company’s business, properties, assets, prospects or financial condition. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Securities Purchase Agreement (OvaScience, Inc.), Subscription Agreement (OvaScience, Inc.)

Permits. The To the Company’s Knowledge, the Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company , and it is not in default in any material respect under any of such franchises, permits, licenses or other similar authoritythereunder.

Appears in 2 contracts

Sources: Convertible Promissory Note Purchase Agreement, Convertible Promissory Note Purchase Agreement (Altimmune, Inc.)

Permits. The Company has all material franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, and the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Series E and Series E 2 Preferred Stock and Warrant Purchase Agreement, Series E and Series E 2 Preferred Stock and Warrant Purchase Agreement (Lifelock, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as it is presently conducted, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Stock and Warrant Purchase Agreement (Balqon Corp.), Stock and Warrant Purchase Agreement (Balqon Corp.)

Permits. The Except as set forth on SCHEDULE 3.11, the Company has all franchises, permits, certificates, licenses and any similar authority necessary for the conduct of its businessBusiness as now being conducted by it, the lack of which could reasonably be expected to would have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Merger Agreement (Artistdirect Inc), Merger Agreement (Artistdirect Inc)

Permits. The Company and each of its subsidiaries has all franchises, permits, licenses and any similar authority (each a “Permit”) necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityPermits.

Appears in 2 contracts

Sources: Series D Preferred Stock Purchase Agreement (Proteon Therapeutics Inc), Series D Preferred Stock Purchase Agreement (Proteon Therapeutics Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could would reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Option Agreement (Grown Rogue International Inc.), Option Agreement (Grown Rogue International Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could would not reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Series D Preferred Stock and Warrant Purchase Agreement (Great Basin Scientific, Inc.), Loan Agreement (Great Basin Scientific, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority other governmental authorizations necessary for the conduct of its businessbusiness as now being conducted, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authorityauthorizations.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Bam Entertainment Inc), Series C Stock Purchase Agreement (Bam Entertainment Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now conducted and as presently proposed to be conducted, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 2 contracts

Sources: Note and Warrant Purchase Agreement (Via Pharmaceuticals, Inc.), Note and Warrant Purchase Agreement (Via Pharmaceuticals, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 2 contracts

Sources: Note Purchase Agreement (Alamar Biosciences, Inc.), Note Purchase Agreement (Alamar Biosciences, Inc.)

Permits. The Company has all franchises, permits, governmental licenses and any similar authority necessary for the conduct of its businessthe Company's business as presently conducted, the lack of which could reasonably be expected to have a Material Adverse Effectadversely affect the Company's business as presently conducted, properties or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, governmental licenses or other similar authority.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Affymax Inc), Collaboration and License Agreement (Affymax Inc)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its businessbusiness as now being conducted, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 1 contract

Sources: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have cause a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 1 contract

Sources: Share Purchase Agreement (Cocrystal Pharma, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar governmental authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectadversely affect the business, properties, prospects, or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses license or other similar authority.

Appears in 1 contract

Sources: Series C Convertible Preferred Stock Purchase Agreement (Sento Corp)

Permits. The To the best of the Company’s knowledge, the Company has all material franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could reasonably be expected to have a Material Adverse Effectmaterially and adversely affect the business, properties, prospects or financial condition of the Company. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 1 contract

Sources: Senior Secured Convertible Note Purchase Agreement (TRX Inc/Ga)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its businessbusiness as now being conducted by it, the lack of which could would reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses licenses, or other similar authority.

Appears in 1 contract

Sources: Unit Purchase Agreement (Digital Ally Inc)

Permits. The Company has all franchises, permits, licenses licenses, and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effectbusiness as now being conducted by it. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority.

Appears in 1 contract

Sources: Stock Purchase Agreement Amendment (Emerging Fuels Technology, Inc.)

Permits. The Company has all franchises, permits, licenses and any similar authority necessary for the conduct of its business, the lack of which could reasonably be expected to have a Material Adverse Effect. The Company is not in default in any material respect under any of such franchises, permits, licenses or other similar authority, which default could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Series B Preferred Stock Purchase Agreement (iSpecimen Inc.)