Permits definition
Examples of Permits in a sentence
The Company is and has been in material compliance with any term of any such Material Permits, except for any violations which would not reasonably be expected to have a Material Adverse Effect.
Each Loan Party and each of its Subsidiaries has obtained and holds in full force and effect all Permits which are necessary or advisable for the operation of its business as presently conducted and as proposed to be conducted, except where the failure to possess any of the foregoing (individually or in the aggregate) would not reasonably be expected to have a Material Adverse Effect.
The Borrower and the Subsidiaries have all Permits, including Key Permits, required for the ownership, operation and conduct of their business, including their testing and distribution of the Products, except as would not reasonably be expected to have a Material Adverse Effect.
All fees and charges that have become due with respect to such Permits as of the date hereof have been paid in full.
With respect to any such Environmental Permits, no Seller or any of its subsidiaries has received any Environmental Notice or written communication regarding any material adverse change in the status or terms and conditions of the same, which remain pending or unresolved.