Common use of Operating Licenses Clause in Contracts

Operating Licenses. The Corporation, as required by law, has obtained and paid for all licenses listed in Schedule iii. No material license or operating authority listed in Schedule iv shall be subject to revocation as a result of the consummation of this transaction, except as may be provided in such Schedule.

Appears in 2 contracts

Sources: Agreement for Sale and Purchase of Common Stock (JLM Industries Inc), Agreement for Sale and Purchase of Common Stock (JLM Industries Inc)