Common use of Business; Compliance with Laws Clause in Contracts

Business; Compliance with Laws. The Corporation (i) is in compliance with, in all respects all Legal Requirements applicable to it and its business and (ii) has all material federal, state, local and foreign governmental licenses and permits (collectively, "Permits") used or necessary in the conduct of its business. Such Permits are in full force and effect, no violations with respect to any thereof are recorded, no legal proceeding is pending or, to the best knowledge of the Corporation, threatened to revoke or limit any thereof.

Appears in 3 contracts

Samples: Series C Preferred Stock Purchase Agreement (Genomic Solutions Inc), Series C Preferred Stock Purchase Agreement (Genomic Solutions Inc), Series C Preferred Stock Purchase Agreement (Genomic Solutions Inc)

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Business; Compliance with Laws. The Corporation (i) is in compliance with, in all respects all Legal Requirements legal requirements applicable to it and its business and (ii) has all material federal, state, local and foreign governmental licenses licenses, permits and permits approvals (collectively, "Permits") used or necessary in the conduct of its business. Such Permits are in full force and effect, no violations with respect to any thereof are recorded, and no legal proceeding is pending or, to the best knowledge of the Corporation, threatened to revoke or limit any thereof.

Appears in 1 contract

Samples: Investment Agreement (Coolsavings Com Inc)

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Business; Compliance with Laws. The Corporation (i) is in compliance with, in all respects all Legal Requirements legal requirements applicable to it and its business and (ii) has all material federal, state, local and foreign governmental licenses and permits (collectively, "Permits") used or necessary in the conduct of its business. Such Permits are in full force and effect, no violations with respect to any thereof are recorded, no legal proceeding is pending or, to the best knowledge of the Corporation, threatened to revoke or limit any thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Genomic Solutions Inc)

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