Common use of Qualification; Bonding Clause in Contracts

Qualification; Bonding. Without limiting Section 5.13, Purchaser is, or as of the Closing shall be (and shall cause the Company and any applicable Subsidiary to continue to be), qualified under applicable Laws to hold the permits and other assets and properties of the Company and the Subsidiaries. Purchaser has, or as of the Closing will have (and will cause the Company and any applicable Subsidiary to have), posted such bonds and other financial assurances, and provided such evidence of financial responsibility, as may be required for the ownership of such permits and other assets. To Purchaser’s knowledge, no fact or condition exists with respect to the properties and assets which may cause any Governmental Authority to withhold its approval of the transactions contemplated hereby.

Qualification; Bonding. Without limiting Section 5.1311.5, the Purchaser is, or as of the Closing shall be (and shall cause the Company and any applicable Subsidiary to continue to be), qualified under applicable Laws to hold the permits and other assets and properties of the Company and the SubsidiariesSubsidiary. The Purchaser has, or as of the Closing will have (and will cause the Company and any applicable Subsidiary to have), posted such bonds and other financial assurances, and provided such evidence of financial responsibility, as may be required for the ownership of such permits and other assets. To Purchaser’s knowledge, no fact or condition exists with respect to the Purchaser in relation to such properties and assets which may would be expected to cause any Governmental Authority to withhold its approval of the transactions contemplated hereby.