Governmental Permits and Licenses Clause Samples
The 'Governmental Permits and Licenses' clause requires parties to obtain and maintain all necessary governmental approvals, permits, and licenses needed to legally perform their obligations under the agreement. In practice, this means each party is responsible for securing any regulatory permissions relevant to their activities, such as building permits for construction projects or import licenses for international trade. This clause ensures compliance with applicable laws and regulations, thereby reducing the risk of legal penalties or project delays due to missing authorizations.
Governmental Permits and Licenses. The Company owns or holds --------------------------------- all material licenses, franchises, permits and other governmental authorizations, including without limitation permits (including, without limitation, all permits and approvals of governmental authorities necessary for the continued occupancy, use and operation of each of the Leased Premises as defined in Section 3.15(a)), titles (including, without limitation, motor vehicle titles and current registrations), fuel permits, licenses, franchises, certificates required to conduct its business as currently being conducted or as proposed to be conducted (the "Material Permits"). The Material Permits are valid and in full force and effect, and the Company has not received any notice that any governmental authority intends to modify, cancel, terminate or not renew any Material Permit. The Company has conducted and is conducting its business in compliance with the requirements, standards, criteria and conditions set forth in the Material Permits and other applicable orders, approvals, variances, rules and regulations and is not in violation of any of the foregoing except where such non-compliance or violation would not have a Material Adverse Effect. The transactions contemplated by this Agreement will not result in a default under or a breach or violation of, or adversely affect the rights and benefits afforded to the Company by any Material Permit.
Governmental Permits and Licenses. All permits, licenses, consents and any other forms of government approval, to the extent assignable, as have been or are required for the operation of Sellers' business as it is and during the year prior to the date hereof has been operated, including but not limited to, the governmental permits and licenses set forth on Schedule 1.1(a)(vii);
Governmental Permits and Licenses. EOIR has all material Permits required to operate the business of EOIR, as such business is currently conducted. All of the Permits are, and as of the Closing will be, valid and in full force and effect and the continuing validity and effectiveness of the material Permits will not be affected by the transactions contemplated by this Agreement. The Sellers have provided the Buyer with complete and accurate copies of each material Permit. EOIR is and has been in compliance in all material respects with all the material conditions or requirements of each Permit and neither the Sellers nor EOIR has been notified by any Governmental Entity or licensing authority that such Governmental Entity or licensing authority intends to cancel, terminate or modify any of the Permits of EOIR.
Governmental Permits and Licenses. All permits, licenses, consents and any other forms of governmental approval possessed by Seller as have been or are required or are appropriate for the operation of Seller's Business as it is currently being operated.
Governmental Permits and Licenses. Distributor shall obtain at its own expenses all necessary governmental permits/licenses for but not limited to the importation, sale , installment, operation, repair, maintenance and bear the cost such as, but not limited to import duty and any other related taxes imposed into the Territory of the Products purchased by Distributor. Manufacturer shall pay for any permits, licenses or taxes specifically applicable to Manufacturer.
Governmental Permits and Licenses. All of the permits, licenses, certifications, approvals, consents, and other governmental authorizations (the "Permits") issued to the Seller or the Seller Subsidiaries, subject to Section 1.3;
Governmental Permits and Licenses. Schedule 3.14 contains a true and --------------------------------- complete list of the governmental permits, licenses, franchises and other certificates and authorizations (the "Licenses") that are required for and are material to the operation of the business conducted by the Company and the Subsidiary as such business is now conducted. Except as set forth on Schedule 3.14, all of such Licenses are, and as of the Effective Date will be, valid and in full force and effect and the continuing validity and effectiveness of such Licenses will not be affected by the Merger. The Company has provided, or prior to the Effective Date will provide, Investor with true, correct and complete copies of each License listed in Schedule 3.14. Except as set forth on Schedule 3.14, the Company and the Subsidiary are and have been in compliance in all material respects with all material conditions or requirements of such Licenses, and neither the Company, the Subsidiary nor the Shareholders have been notified by any governmental (including any foreign governmental) or licensing authority that any governmental or licensing authority intends to cancel, terminate or modify any of such Licenses.
Governmental Permits and Licenses. DISTRIBUTOR shall obtain at its own expenses all necessary governmental permits/licenses for but not limited to the importation, sale, installment, operation, repair, maintenance and bear the cost such as, but not limited to import duty and any other related taxes imposed into the TERRITORY of the PRODUCTS purchased by DISTRIBUTOR.
Governmental Permits and Licenses. States Authorized to Conduct Business -------------------------------------------------------------------------
Governmental Permits and Licenses. Tenant shall obtain all governmental permits, licenses and approvals required in connection with any Alterations performed or proposed to be performed by Tenant. Landlord shall, within two (2) business days of Tenant's request, execute any permit, license or approval application or any similar document required to be executed by Landlord in connection with Tenant's obtaining any such permit, license or approval. In case of any Alteration subject to Section 6.2, Landlord shall execute such application or document notwithstanding its not having received or approved the plans and specifications therefor, but Landlord's execution of such application or document shall not constitute Landlord's approval of such plans and specifications or a waiver of Landlord's rights under Section 6.2 with respect thereto.