Common use of Company Authorizations Clause in Contracts

Company Authorizations. Except as disclosed in the Northgate Disclosure Letter, Northgate and the Northgate Subsidiaries have obtained all Authorizations necessary for the ownership, operation, development, maintenance, or use of the material assets of Northgate or the Northgate Subsidiaries or otherwise in connection with the material business or operations of Northgate or the Northgate Subsidiaries and such Authorizations are in full force and effect. Northgate and the Northgate Subsidiaries have fully complied with and are in compliance with all Authorizations, except, in each case, for such non-compliance which, individually or in the aggregate, would not have a Material Adverse Effect on Northgate. There is no action, investigation or proceeding pending or, to the knowledge of Northgate, threatened regarding any of the Authorizations. None of Northgate and the Northgate Subsidiaries has received any notice, whether written or oral, of revocation or non-renewal of any such Authorizations, or of any intention of any Person to revoke or refuse to renew any of such Authorizations, except in each case, for revocations or non-renewals which, individually or in the aggregate, would not have a Material Adverse Effect on Northgate and all such Authorizations continue to be effective in order for Northgate and the Northgate Subsidiaries to continue to conduct their respective businesses as they are currently being conducted. No Person other than Northgate or any of the Northgate Subsidiaries owns or has any proprietary, financial or other interest (direct or indirect) in any of the Authorizations.

Appears in 4 contracts

Samples: Arrangement Agreement (Primero Mining Corp), Arrangement Agreement (Primero Mining Corp), Arrangement Agreement (Primero Mining Corp)

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Company Authorizations. Except as disclosed in the Northgate Disclosure Letter, Northgate AuRico and the Northgate AuRico Subsidiaries have obtained all Authorizations necessary for the ownership, operation, development, maintenance, or use of the material assets of Northgate AuRico or the Northgate AuRico Subsidiaries or otherwise in connection with the material business or operations of Northgate AuRico or the Northgate AuRico Subsidiaries and such Authorizations are in full force and effect. Northgate AuRico and the Northgate AuRico Subsidiaries have fully complied with and are in compliance with all Authorizations, except, in each case, for such non-compliance which, individually or in the aggregate, would not have a Material Adverse Effect on NorthgateAuRico. There is no action, investigation or proceeding pending or, to the knowledge of NorthgateAuRico, threatened regarding any of the such Authorizations. None of Northgate AuRico and the Northgate AuRico Subsidiaries has received any notice, whether written or oral, of revocation or non-renewal of any such Authorizations, or of any intention of any Person to revoke or refuse to renew any of such Authorizations, except in each case, for revocations or non-renewals which, individually or in the aggregate, would not have a Material Adverse Effect on Northgate AuRico and all such Authorizations continue to be effective in order for Northgate AuRico and the Northgate AuRico Subsidiaries to continue to conduct their respective businesses as they are currently being conducted. No Person other than Northgate AuRico or any of the Northgate AuRico Subsidiaries owns or has any proprietary, financial or other interest (direct or indirect) in any of the such Authorizations.

Appears in 1 contract

Samples: Arrangement Agreement (Alamos Gold Inc)

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Company Authorizations. Except as disclosed in the Northgate Alamos Disclosure Letter, Northgate Alamos and the Northgate Alamos Subsidiaries have obtained all Authorizations necessary for the ownership, operation, development, maintenance, or use of the material assets of Northgate Alamos or the Northgate Alamos Subsidiaries or otherwise in connection with the material business or operations of Northgate Alamos or the Northgate Alamos Subsidiaries and such Authorizations are in full force and effect. Northgate Alamos and the Northgate Alamos Subsidiaries have fully complied with and are in compliance with all Authorizations, except, in each case, for such non-compliance which, individually or in the aggregate, would not have a Material Adverse Effect on NorthgateAlamos. There is no action, investigation or proceeding pending or, to the knowledge of NorthgateAlamos, threatened regarding any of the such Authorizations. None of Northgate Alamos and the Northgate Alamos Subsidiaries has received any notice, whether written or oral, of revocation or non-renewal of any such Authorizations, or of any intention of any Person to revoke or refuse to renew any of such Authorizations, except in each case, for revocations or non-renewals which, individually or in the aggregate, would not have a Material Adverse Effect on Northgate Alamos and all such Authorizations continue to be effective in order for Northgate Alamos and the Northgate Alamos Subsidiaries to continue to conduct their respective businesses as they are currently being conducted. No Person other than Northgate Alamos or any of the Northgate Alamos Subsidiaries owns or has any proprietary, financial or other interest (direct or indirect) in any of the such Authorizations.

Appears in 1 contract

Samples: Arrangement Agreement (Alamos Gold Inc)

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