Permits and Qualifications. The Permits of Seller and other Permits in the name of GCB related to the operation of the Business in Schedule 2.1(e) are listed with their expiration dates and are in full force and effect. Seller is and has been in compliance in all material respects with all such Permits, and Seller has not received any notice of any alleged violation (whether past or present and whether remedied or not) of, nor any threat of the suspension, revocation, modification, invalidity or limitation of, any such permit, except as set forth on Schedule 2.1(e), nor is Seller aware of any basis for any claim of any such violation or any such threat. Seller shall cause GCB to transfer to Buyer at Closing any and all rights Seller may have in any of the Permits.
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Coinstar Inc)