Examples of Purchased Permits in a sentence
All Purchased Permits are in full force and effect, and there are no Proceedings pending or, to Seller’s Knowledge, threatened that seek the revocation, cancellation, suspension or any materially adverse modification, or the imposition of any penalty with respect to, any Purchased Permits.
Sellers have incurred actual losses as a result of Southeastern’s failure to transfer the Purchased Permits seasonably.
Except as otherwise disclosed in Section 3.11 of the Sellers Disclosure Schedule, each Seller is in compliance with the material terms of all the Purchased Permits, and all of the Purchased Permits are valid and in full force and effect, and no Action is pending or, to the Knowledge of Sellers, threatened, the object of which is to revoke, limit or otherwise affect any Purchased Permit.
Section 3.11 of the Sellers Disclosure Schedule sets forth all material Permits (and pending applications therefor) owned, utilized, held or maintained by or licensed to any Seller in connection with the Business (including the Purchased Permits).
The aggregate face amount of the Bonds posted with respect to all Purchased Permits exceeds $37 million.