Common use of Permits, Etc Clause in Contracts

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except to the extent such condition could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 3 contracts

Sources: Financing Agreement (Life Sciences Research Inc), Financing Agreement (Life Sciences Research Inc), Financing Agreement (Life Sciences Research Inc)

Permits, Etc. Each Loan Party and each of its Subsidiaries has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance which, if not obtained, could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except except, to the extent any such condition condition, event or claim could not be reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 3 contracts

Sources: First Amendment to and Waiver Under Second Amended and Restated Financing Agreement (Firefly Aerospace Inc.), Financing Agreement (Firefly Aerospace Inc.), Financing Agreement (Danimer Scientific, Inc.)

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business and Facility currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance the failure to have or be in compliance therewith could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except to the extent that any such condition condition, event or claim could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 3 contracts

Sources: Financing Agreement (Cherokee Inc), Financing Agreement (Cherokee Inc), Financing Agreement (Cherokee Inc)

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business and Facility currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance the failure to have or be in compliance therewith could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no Loan Party has received a written claim that any thereof is not in full force and effect, except to the extent such condition could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 1 contract

Sources: Financing Agreement (GP Investments Acquisition Corp.)

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business and Facility currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance the failure to have or be in compliance therewith could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except to the extent where such condition suspension, revocation, impairment, forfeiture or non-renewal could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 1 contract

Sources: Financing Agreement (Hc2 Holdings, Inc.)

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance which, if not obtained, could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No To the knowledge of each Loan Party, no condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except except, in each case, to the extent any such condition condition, event or claim could not be reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 1 contract

Sources: Financing Agreement (Fibrogen Inc)

Permits, Etc. Each Loan Party has, and is in compliance with, all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business and Facility currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance the failure to have or be in compliance therewith could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except to the extent any such condition condition, event or claim could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.Effect.\

Appears in 1 contract

Sources: Financing Agreement (Avid Technology, Inc.)

Permits, Etc. Each Loan Credit Party has, and is in compliance with, with all permits, licenses, authorizations, approvals, entitlements and accreditations required for such Person lawfully to own, lease, manage or operate, or to acquire, each business currently owned, leased, managed or operated, or to be acquired, by such Person, except to the extent such noncompliance which, LEGAL_US_E # 82813718.8 if not obtained, could not reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any such permit, license, authorization, approval, entitlement or accreditation, and there is no claim that any thereof is not in full force and effect, except except, to the extent any such condition condition, event or claim could not be reasonably be expected (either individually or in the aggregate) to have a Material Adverse Effect.

Appears in 1 contract

Sources: Senior Secured, Super Priority Debtor in Possession Credit Agreement (Milacron Inc)