Common use of Licenses and Permits; Compliance with Laws Clause in Contracts

Licenses and Permits; Compliance with Laws. Except as set forth in Section 5.N of the Disclosure Letter, Company holds all franchises, permits, licenses, variances, exemptions, orders and approvals of all governmental entities which are material to the operation of Company's business and is in compliance with the terms thereof. Company has complied with and is not in any default under (and has not been charged with or received notice with respect to, nor is threatened with or under investigation with respect to, any charge concerning any violation of any provision of) any federal, state or local law, regulation, ordinance, rule or order (whether executive, judicial, legislative or administrative) or any order, writ, injunction or decree of any court, agency or instrumentality and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against any of them alleging any failures to comply.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Primis Inc), Common Stock Purchase Agreement (Primis Inc)

AutoNDA by SimpleDocs

Licenses and Permits; Compliance with Laws. Except as set forth in Section 5.N 3.14 of the Disclosure Letter, the Company holds all franchises, permits, licenses, variances, exemptions, orders and approvals of all governmental entities which are material to the operation of the Company's business and is in compliance with the terms thereof. The Company has complied with and is not in any default under (and has not been charged with or received notice with respect to, nor is threatened with or under investigation with respect to, any charge concerning any violation of any provision of) any federal, state or local law, regulation, ordinance, rule or order (whether executive, judicial, legislative or administrative) or any order, writ, injunction or decree of any court, agency or instrumentality and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against any of them alleging any failures to comply.

Appears in 2 contracts

Samples: Convertible Promissory Note and Warrant Purchase Agreement (Primis Inc), Convertible Promissory Note and Warrant Purchase Agreement (Primis Inc)

AutoNDA by SimpleDocs

Licenses and Permits; Compliance with Laws. Except as set forth in Section 5.N of the Buyer's Disclosure Letter, Company Buyer holds all franchises, permits, licenses, variances, exemptions, orders and approvals of all governmental entities which are material to the operation of CompanyBuyer's business and is in compliance with the terms thereof. Company Buyer has complied with and is not in any default under (and has not been charged with or received notice with respect to, nor is threatened with or under investigation with respect to, any charge concerning any violation of any provision of) any federal, state or local law, regulation, ordinance, rule or order (whether executive, judicial, legislative or administrative) or any order, writ, injunction or decree of any court, agency or instrumentality and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against any of them alleging any failures to comply.

Appears in 1 contract

Samples: Stock Purchase Agreement (Primis Inc)

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