Legality; Governmental Authorization. The purchase of the Securities shall not be prohibited by any law or governmental order or regulation, and shall not subject Investor to any penalty, special tax, or other onerous condition. All necessary consents, approvals, licenses, permits, orders, and authorizations of, or registrations, declarations, and filings with, any governmental or administrative agency or of or with any other Person with respect to any of the transactions contemplated by this Agreement, the Note, the Warrant, the Series C Preferred Stock, the Financing Agreements, or any of the Related Agreements shall have been duly obtained or made and shall be in full force and effect.
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Sources: Securities Purchase Agreement (Bpi Packaging Technologies Inc), Securities Purchase Agreement (Bpi Packaging Technologies Inc)