Common use of Governmental Permits, Etc Clause in Contracts

Governmental Permits, Etc. The Company and its Subsidiaries possess all franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are necessary for the operation of their respective businesses as currently conducted, except where such failure to possess would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 3 contracts

Samples: Subscription Agreement (Eaturna LLC), Subscription Agreement (Eaturna LLC), Subscription Agreement (Grill Concepts Inc)

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Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are currently necessary for the operation of their respective businesses as currently conducted, except where such failure to possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse EffectEffect or would not prohibit or otherwise materially interfere with the ability of the Company to perform any of its obligations under this Agreement in any material respect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Silverleaf Resorts Inc), Securities Purchase Agreement (Amtrust International Insurance LTD)

Governmental Permits, Etc. The Except as specified in Section 3.1, the Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department department, or body that are currently necessary for the operation of their respective businesses the business of the Company and its Subsidiaries as currently conductedconducted and as described in the Exchange Act Documents, except where such the failure to currently possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spire Corp), Stock Purchase Agreement (Spire Corp)

Governmental Permits, Etc. The Company and its the Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department department, or body that are currently necessary for the operation of their respective businesses business as currently conducted, except where such the failure to currently possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Small World Kids Inc), Securities Purchase Agreement (Plastinum Polymer Technologies Corp.)

Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department department, or body that are currently necessary for the operation of their respective businesses business as currently conducted, except where such the failure to currently possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect upon the business, operations, assets or prospects or financial condition of the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Stock Purchase Agreement (Trikon Technologies Inc)

Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are currently necessary for the operation of their respective businesses business as currently conducted, except where such failure to possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, assets, financial condition or results of operation of the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cybex International Inc)

Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are currently necessary for the operation of their respective businesses business as currently conducted, except where such the failure to possess would notsuch franchise, individually license, certificate or in the aggregate, other authorization could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, assets, financial condition or results of operations of the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Securities Purchase Agreement (Appliance Recycling Centers of America Inc /Mn)

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Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are currently necessary for the operation of their respective businesses as currently conducted, except where such failure to possess would not, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, assets, financial condition or results of operations of the Company and its Subsidiaries or would not prohibit or otherwise materially interfere with the ability of the Company to perform any of its obligations under this Agreement in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Gexa Corp)

Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body Governmental Entity that are currently necessary for the operation of their respective businesses business as currently conductedconducted (“Licenses”), except where such the failure to possess a License would not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Appliance Recycling Centers of America Inc /Mn)

Governmental Permits, Etc. The Company and its Subsidiaries possess all necessary franchises, licenses, certificates and other authorizations from any foreign, federal, state or local government or governmental agency, department or body that are currently necessary for the operation of their respective businesses business as currently conducted, except where such failure to possess has not and would not, not reasonably be expected to have a Material Adverse Effect (individually or in the aggregate, have ) on the Company and its Subsidiaries taken as a Material Adverse Effectwhole.

Appears in 1 contract

Samples: Securities Purchase Agreement (Trikon Technologies Inc)

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