Common use of Authorizations and Licenses Clause in Contracts

Authorizations and Licenses. (a) Section 21(a) of the Company Disclosure Letter lists and describes all Authorizations that are required by Law in connection with the operation of the business of the Company or any of its Subsidiaries as presently or previously conducted, since January 1, 2008, or in connection with the ownership, operation or use of the assets of the Company or any of its Subsidiaries. (b) The Company or its Subsidiaries, as applicable, lawfully hold, own or use, and have complied with, all such Authorizations. Each Authorization is valid and in full force and effect in accordance with its terms, and is renewable by its terms or in the Ordinary Course of business without the need for the Company to comply with any special rules or procedures, agree to any materially different terms or conditions or pay any amounts other than routine filing fees. (c) No action, investigation or proceeding is pending in respect of or regarding any such Authorization and none of the Company, its Subsidiaries or to the knowledge of the Company any of their respective officers or directors has received notice, whether written or oral, of revocation, non-renewal or material amendments of any such Authorization, or of the intention of any Person to revoke, refuse to renew or materially amend any such Authorization. (d) Neither the Company, any of its Subsidiaries, or any of their respective officers or directors, owns or has any proprietary, financial or other interests (direct or indirect) in any such Authorization.

Appears in 2 contracts

Samples: Arrangement Agreement, Arrangement Agreement (Hillman Companies Inc)

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Authorizations and Licenses. (a) Section 21(a) The Company and each of the Company Disclosure Letter lists and describes its Subsidiaries own, possess or have obtained all Authorizations that are required by Law in connection with the operation of the business of the Company or any of and its Subsidiaries as presently or previously conducted, since January 1, 2008, or in connection with the ownership, operation or use of the assets of the Company or any of and its Subsidiaries. (b) The Company or its Subsidiaries, as applicable, lawfully hold, own or use, and have complied with, all such Authorizations. Each Authorization is valid and in full force and effect in accordance with its termseffect, and is renewable by its terms or in the Ordinary Course of business without the need for the Company or its Subsidiaries to comply with any special rules or procedures, agree to any materially different terms or conditions or pay any amounts other than routine filing fees. (c) No action, investigation or proceeding is pending in respect of or regarding any such Authorization and none of the Company, Company or any of its Subsidiaries or or, to the knowledge of the Company Company, any of their respective officers or directors has received notice, whether written or oral, of revocation, non-renewal or material amendments of any such Authorization, or of the intention of any Person to revoke, refuse to renew or materially amend any such Authorization. (d) Neither the Company, any of its Subsidiaries, or to the knowledge of the Company any of their respective officers or directors, owns or has any proprietary, financial or other interests (direct or indirect) in any such Authorization.

Appears in 2 contracts

Samples: Arrangement Agreement (Westwater Resources, Inc.), Arrangement Agreement (Westwater Resources, Inc.)

Authorizations and Licenses. (a) Except as set forth in Section 21(a3.1(19) of the Company Disclosure Letter lists Letter, the Company and describes each of its Subsidiaries, as applicable, lawfully own, possess and have obtained, and, to the extent applicable, have timely filed applications to renew in the Ordinary Course, and have complied in all material respects with, all Material Authorizations that are required by Law in connection with (i) the operation of the business of the Company their businesses as currently conducted or any of its Subsidiaries as presently or previously conducted, since January 1, 2008, or in connection with (ii) the ownership, operation or use of the assets of the Company or any of its Subsidiaries. (b) The Company or its Subsidiaries, as applicable, lawfully hold, own or use, their properties and have complied with, all such Authorizationsassets. Each such Material Authorization is valid and in full force and effect in accordance with its terms. To the knowledge of the Company, and is renewable by its terms no event has occurred which, with the giving of notice, lapse of time or both, would reasonably be expected to constitute a default under, or in respect of, any such Material Authorization. No Proceeding is pending, or to the Ordinary Course knowledge of business without the need for the Company to comply with any special rules or proceduresCompany, agree to any materially different terms or conditions or pay any amounts other than routine filing fees. (c) No actionthreatened, investigation or proceeding is pending in respect of or regarding any such Authorization Material Authorization, and none of the Company, Company or any of its Subsidiaries or to the knowledge of the Company any of their respective directors and officers or directors has received notice, whether written or oral, of revocation, suspension, non-renewal or material amendments of any such Material Authorization, or of the intention of any Person to revoke, suspend, refuse to renew or materially amend any such Material Authorization, or of any violation or potential violation of any such Material Authorization. (d) Neither the Company, any of its Subsidiaries, or any of their respective officers or directors, owns or has any proprietary, financial or other interests (direct or indirect) in any such Authorization.

Appears in 2 contracts

Samples: Arrangement Agreement (Sierra Wireless Inc), Arrangement Agreement (Semtech Corp)

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Authorizations and Licenses. (a) Section 21(a) The Company and each of the Company Disclosure Letter lists and describes its Subsidiaries own, possess or have obtained all Authorizations that are required by Law in connection with the operation of the business of the Company or any of and its Subsidiaries as presently or previously conducted, since January 1, 2008, or in connection with the ownership, operation or use of the assets of the Company or any of and its Subsidiaries. (b) The Company or its Subsidiaries, as applicable, lawfully hold, own or use, and have complied with, all such Authorizations. Each Authorization is valid and in full force and effect in accordance with its termseffect, and is renewable by its terms or in the Ordinary Course of business without the need for the Company or its Subsidiaries to comply with any special rules or procedures, agree to any materially different terms or conditions or pay any amounts other than routine filing fees. (c) No action, investigation or proceeding is pending in respect of or regarding any such Authorization and none of the Company, Company or any of its Subsidiaries or or, to the knowledge of the Company Company, any of their respective officers or directors has received notice, whether written or oral, of revocation, non-renewal or material amendments of any such Authorization, or of the intention of any Person to revoke, refuse to renew or materially amend any such Authorization. (d) Neither the Company, any of its Subsidiaries, or any of their respective officers or directors, owns or has any proprietary, financial or other interests (direct or indirect) in any such Authorization.

Appears in 1 contract

Samples: Arrangement Agreement (Nevsun Resources LTD)

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