Operating Rights. The Corporation has all operating authority, ----------------- licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Authority") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted and which the failure to possess would have a material adverse effect on the assets, operations or financial condition of the Corporation. Such Authority are in full force and effect, no violations have been or are expected to have been recorded in respect of any such authority, and no proceeding is pending or, to the knowledge of the Corporation, threatened that could result in the revocation or limitation of any such authority. The Corporation has conducted its business so as to comply in all material respects with all such Authority.
Operating Rights. 1. Each Party grants to the other Party the following rights in respect of international air services conducted by the designated airlines of the other Party:
Operating Rights. The Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively, "Licenses") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted. Such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or threatened that could result in the revocation or limitation of any such Licenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.
Operating Rights. To the knowledge of the Company, the Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted and, except as set forth in the Schedule of Exceptions, as proposed to be conducted. To the knowledge of the Company, such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or threatened that could result in the revocation or limitation of any of such Licenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.
Operating Rights. The Corporation has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted and which the failure to possess would have a material adverse effect on the assets, operations or financial condition of the Corporation. Except where any failure would not have a material adverse effect on the Corporation, such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such licenses, and no proceeding is pending or, to the knowledge of the Corporation, threatened that could result in the revocation or limitation of any such licenses. The Corporation has conducted its business so as to comply in all material respects with all such Licenses.
Operating Rights. Keep in full force and effect each of the certificates of convenience and necessity, licenses, permits, operating rights and operating authorizations listed on Schedule 8.19(a) and Schedule 8.19(b) attached hereto (collectively, "Rights"); provided that any of such Rights may be permitted to lapse if (i) it shall no longer be necessary to the conduct of the business of the Borrower and its Subsidiaries or (ii) the Subsidiary owning such Right shall merge into another Subsidiary of the Borrower. In the event of the lapse or termination of any such Right, the Borrower shall promptly deliver to the Administrative Agent and the Banks an updated Schedule 8.19(a) or Schedule 8.19(b), as appropriate.
Operating Rights. Fundex has all governmental licenses, franchises, permits, approvals, certificates, consents, authorizations, rights and privileges (except that no covenant, representation or warranty is made pursuant to this Section with respect to the Intellectual Property rights that are the subject of Section 4.8 hereof) (collectively "Licenses") that are necessary to the operation of the Business, the lack of which would constitute a Material Adverse Event. Such Licenses are in full force and effect, Fundex has not received or given any notice of a violation (nor is it aware of any basis therefor) in respect of any such Licenses, and no proceeding is pending or threatened seeking the revocation or limitation of any of such Licenses.
Operating Rights. Subsidiary has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted. Such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or threatened that could result in the revocation or limitation of any of such Licenses. Subsidiary has conducted its business so as to comply in all material respects with all such Licenses.
Operating Rights. An undivided one hundred percent (100%) of the Operating Rights in and to OCS-G 32556, INSOFAR AND ONLY INSOFAR as OCS-G 32556 covers depths from the surface down to and including 23,499’ TVDSS. Working Interest (AT 19): 100% Net Revenue Interest (AT 19): 81.25000%
Operating Rights. An undivided one hundred percent (100%) of the Operating Rights in and to OCS-G 9614, INSOFAR AND ONLY INSOFAR as the Lease covers the northwest quarter (NW/4), and north half of northwest quarter of southwest quarter (N/2NW/4SW/4) as to depths and formations from the surface of the earth to one hundred feet (100’) below the stratigraphic equivalent depth of 12,906 feet true vertical depth as found in the OCS-G 9614 No. 2 Well (“SS 105 Operating Rights”) Working Interest (SS 105 Operating Rights): 100% Net Revenue Interest (SS 105 Operating Rights): 80.53190%
