Common use of Governmental Authority and Licensing Clause in Contracts

Governmental Authority and Licensing. The Borrower and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, provincial, and local governmental authorities, if any, necessary to conduct their businesses, in each case where the failure to obtain or maintain the same would reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (J M SMUCKER Co), Credit Agreement, Term Loan Credit Agreement (J M SMUCKER Co)

AutoNDA by SimpleDocs

Governmental Authority and Licensing. The Each Borrower and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, provincial, and local governmental authorities, if any, necessary to conduct their businesses, in each case where the failure to obtain or maintain the same would reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (J M SMUCKER Co), Revolving Credit Agreement (J M SMUCKER Co), Revolving Credit Agreement (J M SMUCKER Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.