Receipt of Permits Sample Clauses

Receipt of Permits. Buyer and Seller agree that time is of the essence for Buyer and Seller to obtain by September 1, 1998, all permits required for the development and operation of the Mine and the Facility. The Parties agree to use their reasonable best efforts to obtain their respective permits by such deadline, subject to Force Majeure.
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Receipt of Permits. Buyer shall have received all Permits necessary to operate the Business after the Closing Date as presently conducted.
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Receipt of Permits. The Company shall have obtained the permits listed in Section 6.2(n) of the Disclosure Schedule.
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Receipt of Permits. Buyer shall have received all Permits necessary to operate the Business after the Closing Date as presently conducted. [*] Indicates confidential portions omitted pursuant to a request for confidential treatment filed separately with the Commission Exhibit 2.1
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Receipt of Permits. Buyer shall have received all Permits and approvals for Regulatory Agencies necessary for the operation of the Business as presently conducted.
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Receipt of Permits. (A) The Lessee declares and confirms that it carefully examined at the planning and building authorities and at the local authority within whose jurisdiction the Leasehold is located, the effective urban building plan for the area in which the Building and the Leasehold are located (hereinafter: the "PLAN"), and it examined as well the permitted uses of the Building and the Leasehold according to the Plan. Knowing all the relevant details of the urban building plan applying to the location, and subject to the Company's declaration above in the preamble to this Agreement, the Lessee decided to lease the Leasehold from the Company, for the Purpose specified in this Agreement. If as a result of the Lessee's present and/or future use of the Leasehold the Company is required by the local planning and building commission (hereinafter: the "LOCAL COMMISSION") to pay a betterment tax, or it is required by the Israel Lands Administration (hereinafter: the "ADMINISTRATION") to pay a permit fee and/or an added capitalization fee and/or any other amount (all the payments are hereinafter referred to as: the "PAYMENT"), the Lessee shall be obligated to pay the Local Commission and/or the Administration, as the case may be, any Payment as stated which the Company was required by pay by the Local Commission and/or by the Administration, directly to the Local Commission and/or to the Administration, or to reimburse to the Company any Payment as stated made by the Company to the Local Commission and/or to the Administration. The Company shall not make any Payment as stated before it approached the Lessee and gave it an adequate opportunity to defend itself against the payment demand and/or to reduce the amount demanded. If the total and final payment demand exceeds an amount equivalent to 6 (six) times the monthly rent, the Lessee shall be entitled to notify the Company in writing of the vacation of the Leasehold within 30 days. However, the Lessee shall be obligated to pay its proportion of the Payment up to the expiry date of the abridged lease in accordance with this subclause. The Company accountant's confirmation of the performance of any payment as stated by the Company, shall be conclusive evidence of the amount paid by the Company to the Local Commission and/or to the Administration, as the case may be.
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Receipt of Permits. (a) The Lessee confirms that it has properly examined at the planning and building authorities and the local authority within whose jurisdiction the Premises are situated, the valid Town Building Plan in the region in which the Building and the Premises are situated (hereinafter: “the Plan”) and also examined the permitted uses of the Building and the Premises under the Plan. The Lessee has decided, with the knowledge of all the particulars relating to the Town Building Plan applicable to the area, to take a lease of the Premises from the Company for the purpose set out in this Agreement. If, as a result of the use that the Lessee makes and/or will make of the Premises and being other than that of offices and/or hi-tech, the Company will be required by the Local Planning and Building Commission (hereinafter: “the Local Commission”) to pay betterment levy or by the Israel Lands Administration (hereinafter: “XXX”) to pay permit fees and/or additional capitalisation fees and/or any other sum, the Lessee will be bound to pay directly to the Local Commission and/or the XXX, respectively, such sum as the Company will be made liable by the Local Commissioner and/or the Administration, or reimburse the Company with any such sum that will be paid by the Company to the Local Commission and/or the XXX. The Company’s auditor’s certificate of the making of the payment by the Company will constitute conclusive evidence of the amount of the sum paid by the Company to the Local Commission and/or the XXX respectively.
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Related to Receipt of Permits

  • Transfer of Permits Seller will use its best efforts to assist Buyer to effect the assignment or other transfer of Permits from Seller to Buyer as of or as soon as practicable after the Closing Date.

  • Obtaining of Permits, Etc Obtain, maintain and preserve, and cause each of its Subsidiaries to obtain, maintain and preserve, and take all necessary action to timely renew, all permits, licenses, authorizations, approvals, entitlements and accreditations that are necessary or useful in the proper conduct of its business, in each case, except to the extent the failure to obtain, maintain, preserve or take such action could not reasonably be expected to have a Material Adverse Effect.

  • Maintenance of Permits Seller shall make commercially reasonable efforts to maintain in existence all licenses, permits and approvals that are now in existence with respect to, and are required for, the ownership, operation or improvement of the Property, and are of a continuing nature.

  • Possession of Permits The Adviser has such Permits as are necessary to own its property and to conduct its business in the manner described in the Preliminary Prospectus and the Prospectus; the Adviser has fulfilled and performed all its material obligations with respect to such Permits and no event has occurred which allows, or after notice or lapse of time would allow, revocation or termination thereof or results in any other material impairment of the rights of the Adviser under any such Permit.

  • Compliance with Laws and Maintenance of Permits Borrower has obtained all governmental consents, franchises, certificates, licenses, authorizations, approvals and permits, the lack of which would have a Material Adverse Effect on Borrower. Borrower is in compliance in all material respects with all applicable federal, state, local and foreign statutes, orders, regulations, rules and ordinances (including, without limitation, Environmental Laws and statutes, orders, regulations, rules and ordinances relating to taxes, employer and employee contributions and similar items, securities, ERISA or employee health and safety) the failure to comply with which would have a Material Adverse Effect on Borrower.

  • Regulatory Permits The Company and the Subsidiaries possess all certificates, authorizations and permits issued by the appropriate federal, state, local or foreign regulatory authorities necessary to conduct their respective businesses as described in the SEC Reports, except where the failure to possess such permits could not reasonably be expected to result in a Material Adverse Effect (“Material Permits”), and neither the Company nor any Subsidiary has received any notice of proceedings relating to the revocation or modification of any Material Permit.

  • All Necessary Permits, etc The Company and each subsidiary possess such valid and current certificates, authorizations or permits issued by the appropriate state, federal or foreign regulatory agencies or bodies necessary to conduct their respective businesses, and neither the Company nor any subsidiary has received any notice of proceedings relating to the revocation or modification of, or non-compliance with, any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, could result in a Material Adverse Change.

  • All Necessary Permits Each of the Company and the Subsidiaries possess all licenses, permits, certificates, consents, orders, approvals and other authorizations from, and has made all declarations and filings with, all Governmental Authorities, presently required or necessary to own or lease, as the case may be, and to operate its properties and to carry on its businesses as now or proposed to be conducted as described in the Registration Statement, the Time of Sale Prospectus and the Prospectus (“Permits”), except where the failure to possess such Permits would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Each of the Company and the Subsidiaries has fulfilled and performed all of its obligations with respect to such Permits, except where the failure to perform such obligations would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No event has occurred which allows, or after notice or lapse of time would allow, revocation or termination of any such Permit or has resulted, or after notice or lapse of time would result, in any other material impairment of the rights of the holder of any such Permit, except where such revocation or termination would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. None of the Company or the Subsidiaries has received or has any reason to believe it will receive any notice of any proceeding relating to revocation or modification of any such Permit, except as described in the Registration Statement, the Time of Sale Prospectus and the Prospectus or except where such revocation or modification would not, individually or in the aggregate, have a Material Adverse Effect.

  • Licenses, Permits, Etc (a) The Company and its Subsidiaries own or possess all licenses, permits, franchises, authorizations, patents, copyrights, proprietary software, service marks, trademarks and trade names, or rights thereto, that individually or in the aggregate are Material, without known conflict with the rights of others.

  • Licenses; Permits (a) Each Loan Party has obtained all permits, licenses and other authorizations which are required with respect to the ownership and operations of its business except where the failure to obtain such permits, licenses or other authorizations, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. Each Loan Party is in material compliance with all terms and conditions of all such permits, licenses, orders and authorizations, and is also in compliance with all Applicable Laws, except where the failure to comply with such terms, conditions or Applicable Laws, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect.

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