Licenses definition
Examples of Licenses in a sentence
Each of the Company and its subsidiary possesses, and is in compliance with the terms of, all applications, certificates, approvals, clearances, registrations, exemptions, franchises, licenses, permits, consents and other authorizations issued by the appropriate governmental authorities and necessary to conduct its business (collectively, “Licenses”), including, without limitation, all Licenses required by the Drug Regulatory Agencies.
All such Licenses are in full force and effect and the Company is not in violation of any term or conditions of any such License.
The Company has not received any written notice of proceedings from the applicable Drug Regulatory Agency proposing to revoke or materially adversely modify any such Licenses and, to the Company’s knowledge, no Drug Regulatory Agency has taken any action to limit, suspend or revoke any such License possessed by the Company.
Further, upon the full performance and Payment in Full of all of the Obligations, the Collateral Agent (subject to Section 11(e) hereof) shall release and reassign to any Grantor all of the Collateral Agent’s right, title and interest in and to the Intellectual Property, and the Licenses, all without recourse, representation or warranty whatsoever.
The Broadcast Licenses listed in Schedule 5.21 with respect to any Station include all material authorizations, licenses and permits issued by the FCC that are required or necessary for the operation of such Station, and the conduct of the business of the Covenant Entities with respect to such Station, as now conducted.