Common use of Licenses or Permits Clause in Contracts

Licenses or Permits. The Company and each of its Subsidiaries possess all licenses, certificates, security clearances, authorizations and permits issued by, and have made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodies, and their respective personnel have all security clearances, that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effect. The Company and its Subsidiaries are in compliance with all such Governmental Permits in all material respects; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effect. Neither the Company nor any subsidiary has received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa)

Licenses or Permits. The Company and each of its Subsidiaries possess all licenses, certificates, security clearances, authorizations and permits issued by, and have has made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodiesbodies (including, without limitation, those administered by the U.S. Food and their respective personnel have all security clearancesDrug Administration (“FDA”) or by any foreign, federal, state or local governmental or regulatory authority performing functions similar to those performed by the FDA) that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effectmaterial adverse effect. The Company and its Subsidiaries are is in compliance with all such Governmental Permits in all material respectsPermits; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effectmaterial adverse effect. Neither the The Company nor any subsidiary has not received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).

Licenses or Permits. The Company and each of its Subsidiaries possess subsidiaries holds, and is operating in compliance in all material respects with, all franchises, grants, licenses, certificates, security clearances, authorizations and permits issued by, and have made all declarations and filings with, the appropriate local, state, federal or foreign (including Israeli) governmental or regulatory agencies or bodies, and their respective personnel have all security clearances, bodies that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement General Disclosure Package and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company and its Subsidiaries subsidiaries are in compliance with all such Governmental Permits in all material respectsPermits; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, reasonably be expected to have a Material Adverse Effect. Neither the Company nor any subsidiary of its subsidiaries has received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).

Licenses or Permits. The Company and each of its Subsidiaries possess possesses all licenses, certificates, security clearances, authorizations and permits issued by, and have has made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodiesbodies including, and their respective personnel have all security clearanceswithout limitation, those administered by the FDA or by any foreign, federal, state or local governmental or regulatory authority performing functions similar to those performed by the FDA) that are necessary for the ownership or lease of their respective its properties or the conduct of their respective businesses its business as described in the Registration Statement General Disclosure Package and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effect. The Company and its Subsidiaries are is in compliance with all such Governmental Permits in all material respectsPermits; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effect. Neither the The Company nor any subsidiary has not received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).

Licenses or Permits. The Company and each of its Subsidiaries possess all licenses, certificates, security clearances, authorizations and permits issued by, and have made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodies, and their respective personnel have all security clearances, that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effect. The Company and its Subsidiaries are in compliance with all such Governmental Permits in all material respects; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effect. Neither the Company nor any subsidiary has received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).

Licenses or Permits. The Company and each of its Subsidiaries possess all licenses, certificates, security clearances, authorizations and permits issued by, and have has made all declarations and filings with, the appropriate local, state, federal or foreign governmental or regulatory agencies or bodiesbodies (including, without limitation, those administered by the U.S. Food and their respective personnel have all security clearancesDrug Administration (“FDA”) or by any foreign, federal, state or local governmental or regulatory authority performing functions similar to those performed by the FDA) that are necessary for the ownership or lease of their respective properties or the conduct of their respective businesses as described in the Registration Statement General Disclosure Package and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would not, singularly or in the aggregate, have a Material Adverse Effectmaterial adverse effect. The Company and its Subsidiaries are is in compliance with all such Governmental Permits in all material respectsPermits; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effectmaterial adverse effect. Neither the The Company nor any subsidiary has not received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).

Licenses or Permits. The Company and each of its Subsidiaries possess possesses all licenses, certificates, security clearances, authorizations and permits issued by, and have made all declarations and filings with, the appropriate local, state, federal or foreign regulatory agencies or bodies (including, without limitation, those administered by the FDA or by any foreign, federal, state or local governmental or regulatory agencies or bodies, and their respective personnel have all security clearances, authority performing functions similar to those performed by the FDA) that are necessary for the ownership or lease of their respective properties or the to conduct of their respective businesses its business as described in the Registration Statement General Disclosure Package and the Prospectus (collectively, the “Governmental Permits”) except where any failures to possess or make the same would notsame, singularly or in the aggregate, would not have a Material Adverse Effect. The Company and its Subsidiaries are is in compliance with all such Governmental Permits in all material respectsPermits, except where any noncompliance would not have a Material Adverse Effect; all such Governmental Permits are valid and in full force and effect, except where the validity or failure to be in full force and effect would not, singularly or in the aggregate, have a Material Adverse Effect. Neither the The Company nor any subsidiary has not received notification of any revocation, modification, suspension, termination or invalidation (or proceedings related thereto) of any such Governmental Permit and the Company has no reason to believe that any such Governmental Permit will not be renewed. (aa).