Common use of Operating Rights Clause in Contracts

Operating Rights. Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively, "Licenses") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted the absence of which will cause a Material Adverse Effect. Such Licenses are in full force and effect, no violations have been or, to the knowledge of Company and Shareholder, are expected to have been recorded in respect of any such Licenses, and no proceeding is threatened or, to the knowledge of Company of Shareholder, pending that could result in the revocation or limitation of any such Licenses. Company has conducted its business so as to comply in all material respects with all such Licenses.

Operating Rights. The Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively, collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted and which the absence failure to possess would have a material adverse effect on the assets, operations or financial condition of which will cause a Material Adverse Effectthe Company. Such Licenses are in full force and effect, no violations have been or, to the knowledge of Company and Shareholder, or are expected to have been recorded in respect of any such Licenseslicenses, and no proceeding is threatened pending or, to the knowledge of Company of Shareholderthe Company, pending threatened that could result in the revocation or limitation of any such Licenseslicenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.

Operating Rights. Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively, "Licenses") as are necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted the absence of which will cause a Material Adverse Effect. Such Licenses are in full force and effect, no violations have been or, to the knowledge of Company and Shareholderor Shareholders, are expected to have been recorded in respect of any such Licenses, and no proceeding is threatened or, to the knowledge of Company of Shareholderor Shareholders, pending that could result in the revocation or limitation of any such Licenses. Company has conducted its business so as to comply in all material respects with all such Licenses.

Operating Rights. The Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively, "collectively “Licenses"”) as are A. necessary or appropriate to the operation of its business as now conducted and as proposed to be conducted and which the absence failure to possess would have a material adverse effect on the assets, operations or financial condition of which will cause a Material Adverse Effectthe Company. Such Licenses are in full force and effect, no violations have been or, to the knowledge of Company and Shareholder, or are expected to have been recorded in respect of any such Licenseslicenses, and no proceeding is threatened pending or, to the knowledge of Company of Shareholderthe Company, pending threatened that could result in the revocation or limitation of any such Licenseslicenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.