Common use of Compliance; Licenses and Permits Clause in Contracts

Compliance; Licenses and Permits. 3.10.1. Acorn has all requisite corporate power and authority, and all permits, licenses, tariffs, orders and approvals of governmental and administrative authorities which are Material, to own, lease and operate its properties and to carry on its business as presently or previously conducted; all such presently existing permits, licenses, tariffs, orders and approvals Material to the conduct of the business of Acorn are listed in Schedule 3.10, are in full force and effect, and no suspension or cancellation of any of them is pending or threatened.