Common use of Business; Compliance with Laws Clause in Contracts

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conducted. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulations.

Appears in 5 contracts

Samples: Warrant Purchase Agreement (Lineo Inc), Warrant Purchase Agreement (Caldera Systems Inc), Recapitalization Agreement (Lineo Inc)

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Business; Compliance with Laws. (a) The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conducted. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulations.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kintana Inc)

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conducted. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulations.currently

Appears in 1 contract

Samples: Stock Purchase and Shareholders Agreement (Conley Canitano & Associates Inc)

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently presently, or is contemplated to be be, conducted, except where the failure to have such franchise, permit, license or other right would not have a Material Adverse Effect. The Company is currently currently, and has heretofore been been, in compliance in all material respects with all federal, state, local and foreign laws and regulations.

Appears in 1 contract

Samples: Stock Purchase and Shareholders Agreement (Bsquare Corp /Wa)

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conductedconducted and is not in default in any material respect under any of such franchises, permits, licenses and other similar rights and privileges. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lineo Inc)

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Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated conducted, except for those the lack of which would not reasonably be expected to be conductedhave a Material Adverse Effect. The Company is currently and has heretofore been not in compliance in all violation of any law, regulation, authorization or order material respects with all federal, state, local and foreign laws and regulationsto the ownership of its properties or the carrying on of its business as presently conducted.

Appears in 1 contract

Samples: Loan Agreement (Ivivi Technologies, Inc.)

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conductedconducted and is not in default in any material respect under any of such franchises, permits, licenses and other similar rights and privileges. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulationsregulations applicable to it.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lineo Inc)

Business; Compliance with Laws. The Company has all necessary franchises, permits, licenses and other rights and privileges necessary to permit it to own its property and to conduct its business as it is presently or contemplated to be conducted, except for those which the failure of the Company to obtain would not have a Material Adverse Effect. The Company is currently and has heretofore been in compliance in all material respects with all federal, state, local and foreign laws and regulations, including without limitation all laws and regulations administered by or promulgated by the Federal Trade Commission and/or the Food and Drug Administration.

Appears in 1 contract

Samples: Stock Purchase and Stockholders Agreement (Invitrogen Corp)

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