Necessary Permits definition

Necessary Permits or "Permits" mean all licenses, permits, franchises, orders, approvals, accreditations, written waivers and other governmental and other authorizations as are necessary in order to enable Target (prior to Closing) and Buyer (after Closing) to continue to own, operate and conduct the Business as currently conducted and proposed to be conducted and to occupy and use Target's real and personal properties without incurring any material liability.

Necessary Permits has the meaning specified in Section 5.03(b).

Necessary Permits has the meaning set forth in Section 4.3(a).

Examples of Necessary Permits in a sentence

• In addition, farming is subject to weather and environmental factors, which could negatively impact our results of operations in the future.Our Goal is to Obtain all Necessary Permits to Conduct our Business, however, we Cannot Guarantee we will be Successful in Procuring all Necessary Permits and Adhering to all Regulations.

• Except as set forth in SCHEDULE 3.9, no registration, filing, application, notice, transfer, consent, approval, order, qualification, waiver or other action of any kind is required by virtue of the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby to effect the transfer to Buyer of such Necessary Permits.

• The Company is in full compliance with the terms and conditions of all Necessary Permits except where the failure to be in compliance would not have a Material Adverse Effect.

• Except as set forth on Schedule 5.16, the HSBC Sellers and their respective Subsidiaries have all material permits, licenses, orders, ratings and approvals of all Governmental Entities necessary for them to operate the Transferred Business substantially as presently operated (the “Necessary Permits”), and (i) all of the Necessary Permits are in full force and effect in all material respects, and (ii) to the Knowledge of Assignor, no suspension or cancellation of any Necessary Permit has been threatened.

• To the knowledge of the Stockholder, each Seller is in full compliance with the terms and conditions of all Necessary Permits.

More Definitions of Necessary Permits

Necessary Permits shall have the meaning specified in Section 5.16.

Necessary Permits means all licenses, permits, approvals and variances necessary under all Applicable Laws to conduct a subject activity.

Necessary Permits mean any Permits materially necessary for the construction, production and operation of the Xxxxxxxx Project (including any related to the logistics chain), including any Permits scheduled in Schedule 6.9, but excluding any Permits that may be needed for activities within the boundary of the Petrified Forest National Park.

Necessary Permits means all Permits necessary for the development, siting, construction, interconnection, ownership and operation of the Projects and any Permits otherwise necessary for the business of the Company or any Subsidiary.

Necessary Permits has the meaning assigned to such term in Section 7.17(a).

Necessary Permits means those permits as required by the local, county or state regulations or laws. ”Neighboring Property Owners” means the owners of any adjacent property or structures.

Necessary Permits means, collectively, all licenses, permits, orders, approvals, consents and other authorizations from any Governmental Authority then required for the construction, use and occupancy of the Properties.