Common use of Governmental Authority and Licensing Clause in Contracts

Governmental Authority and Licensing. The Company and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authorities, if any, necessary to conduct their businesses as currently conducted, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which, if adversely determined, could result in revocation or denial of any material license, permit or approval, which revocation or denial could reasonably be expected to have a Material Adverse Effect, is pending or, to the knowledge of the Company, threatened.

Appears in 5 contracts

Samples: Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc)

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Governmental Authority and Licensing. The Company and its Restricted Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authoritiesGovernmental Authorities, if any, necessary to conduct their businesses as currently conductedbusinesses, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding whichwith respect to any such licenses, permits and approvals that, if adversely determined, could result in revocation or denial of any material license, permit or approval, which revocation or denial could reasonably be expected to have result in a Material Adverse Effect, Effect is pending or, to the knowledge of the CompanyCompany and its Restricted Subsidiaries, threatened.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Cliffs Natural Resources Inc.), Assignment and Assumption (Cliffs Natural Resources Inc.)

Governmental Authority and Licensing. The Company and its Subsidiaries have received all licenses, permits, and approvals of all national, federal, state, and local governmental authorities, if any, necessary to conduct their businesses as currently conductedbusinesses, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which, if adversely determined, could reasonably be expected to result in revocation or denial of any material license, permit or approval, which revocation or denial could reasonably be expected to have a Material Adverse Effect, approval is pending or, to the knowledge Knowledge of the Company, threatened.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

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Governmental Authority and Licensing. The Company and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authorities, if any, necessary to conduct their businesses as currently conductedbusinesses, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which, if adversely determined, could result in revocation or denial of any material license, permit or approval, which revocation or denial could reasonably be expected to have a Material Adverse Effect, is pending or, to the knowledge of the Company, threatened.

Appears in 1 contract

Samples: Credit Agreement (Sanderson Farms Inc)

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