Applicable Laws and Permits. Schedule 4.8 sets forth a list of all of the licenses, permits, permit applications, qualifications, certificates, franchises, approvals, authorizations, exemptions, registrations, all applications therefor, and other documentation necessary to own and operate the Purchased Assets and to conduct the Businesses as it is currently being conducted, including without limitation any thereof required pursuant to any Environmental Law (as defined in Section 4.13) (collectively, “Permits”). Seller has heretofore delivered or caused to be delivered to Buyer true and correct copies of all such Permits as presently in effect. Except as listed in Schedule 4.8: (a) Seller and each Seller Entity have all such Permits, each of which is in full force and effect; (b) the Businesses is now being, and has at all times been, conducted and such assets and properties are being, and have at all times been, owned and operated in material compliance with all applicable Laws and Orders and all such Permits; (c) the Businesses is now being operated in compliance with all pending Permit applications and neither Seller nor any Seller Entity has any reason to believe the governing agency will not approve such pending Permit applications; and (d) neither Seller nor any Seller Entity has received any notice of any violation, breach or default of any such Laws, Orders or Permits.
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Samples: Asset Purchase Agreement (Execute Sports Inc), Asset Purchase Agreement (Challenger Powerboats, Inc.)
Applicable Laws and Permits. Schedule 4.8 3.9 sets forth a list of all of the licenses, permits, permit applications, qualifications, certificates, franchises, approvals, authorizations, exemptions, registrations, all applications therefor, and other documentation necessary to own and operate the Purchased Assets and to conduct the Businesses Business as it is currently being conducted, including without limitation any thereof required pursuant to any Environmental Law (as defined in Section 4.13) environmental law (collectively, “Permits”). Seller has heretofore delivered or caused to be delivered to Buyer true and correct copies of all such Permits as presently in effect. Except as listed in Schedule 4.83.9: (a) Seller and each Seller Entity have has all such Permits, each of which is in full force and effect; (b) the Businesses Business is now being, and has at all times been, conducted and such assets and properties are being, and have at all times been, owned and operated in material compliance with all applicable Laws and Orders and all such Permits; (c) the Businesses Business is now being operated in compliance with all pending Permit applications and neither the Seller nor any Seller Entity has any no reason to believe the governing agency will not approve such pending Permit applications; and (d) neither Seller nor any Seller Entity has not received any notice of any violation, breach or default of any such Laws, Orders or Permits.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Nighthawk Systems Inc), Asset Purchase Agreement (Eagle Broadband Inc)
Applicable Laws and Permits. Schedule 4.8 5.8 sets forth a list of all of the licenses, permits, permit applications, qualifications, certificates, franchises, approvals, authorizations, exemptions, registrations, all applications therefor, and other documentation necessary to own and operate the Purchased Assets and to conduct the Businesses Business as it is currently being conducted, including without limitation any thereof required pursuant to any Environmental Law (as defined in Section 4.13) (collectively, “PermitsPermits and Certificates”). Seller has heretofore delivered or caused to be delivered to Buyer true and correct copies of all such Permits and Certificates as presently in effect. Except as listed in Schedule 4.85.8: (a) Seller and each Seller Entity have all such PermitsPermits and Certificates, each of which is in full force and effect; (b) the Businesses Business is now being, and has at all times been, conducted and such assets and properties are being, and have at all times been, owned and operated in material compliance with all applicable Laws and Orders and all such PermitsPermits and Certificates; (c) the Businesses Business is now being operated in material compliance with all pending Permit applications and neither Seller nor any Seller Entity has any reason to believe the governing agency relevant Governmental Authority will not approve such pending Permit applications; and (d) neither Seller nor any Seller Entity has received any notice of any violation, breach or default of any such Laws, Orders or PermitsPermits and Certificates.
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