Compliance with Applicable Law; Permits. The Company and each of the Subsidiaries hold all permits, licenses, variances, exemptions, orders, and approvals of all governmental entities necessary for the lawful conduct of their respective businesses (“Company Permits”), except for failures to hold such permits, licenses, variances, exemptions, orders and approvals which are not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole. The Company and each of the Subsidiaries are in compliance with the terms of the Company Permits, except where the failure to comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole. The businesses and operations of the Company and the Subsidiaries comply in all respects with the requirements of all laws, rules and regulations applicable to the Company or the Subsidiaries, except where the failure to so comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole.
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Samples: Secured Convertible Note and Warrant Purchase Agreement (Patient Safety Technologies, Inc), Secured Convertible Note and Warrant Purchase Agreement (Patient Safety Technologies, Inc)
Compliance with Applicable Law; Permits. The Company and each of the Subsidiaries hold all permits, licenses, variances, exemptions, orders, and approvals of all governmental entities Governmental Entities necessary for the lawful conduct of their respective businesses (“"Company Permits”"), except for failures to hold such permits, licenses, variances, exemptions, orders and approvals which are not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole. The Company and each of the Subsidiaries are in compliance with the terms of the Company Permits, except where the failure to comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole. The businesses and operations of the Company and the Subsidiaries comply in all respects with the requirements of all laws, rules and regulations Legal Requirements applicable to the Company or the Subsidiaries, except where the failure to so comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Merger Agreement (Genius Products Inc), Merger Agreement (American Vantage Companies)
Compliance with Applicable Law; Permits. The Company and each of the Subsidiaries its --------------------------------------- subsidiaries hold all permits, licenses, variances, exemptions, orders, and approvals of all governmental entities Governmental Entities necessary for the lawful conduct of their respective businesses (“the "Company Permits”"), except for failures to hold such permits, licenses, variances, exemptions, orders and approvals which are not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries its subsidiaries taken as a whole. The Company and each of the Subsidiaries its subsidiaries are in compliance with the terms of the Company Permits, except where the failure to comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries its subsidiaries taken as a whole. The businesses and operations of the Company and the Subsidiaries its subsidiaries comply in all respects with the requirements of all laws, rules and regulations Laws applicable to the Company or the Subsidiariesits subsidiaries, except where the failure to so comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the Subsidiaries its subsidiaries taken as a whole.
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Compliance with Applicable Law; Permits. The Company and each of the its Subsidiaries hold all permits, licenses, variances, exemptions, orders, and approvals of all governmental entities Governmental Entities necessary for the lawful conduct of their respective businesses (“the "Company Permits”"), except for failures to hold such permits, licenses, variances, exemptions, orders and approvals which are not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole. The Company and each of the its Subsidiaries are in compliance with the terms of the Company Permits, except where the failure to comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole. The businesses and operations of the Company and the its Subsidiaries comply in all respects with the requirements of all laws, rules and regulations Laws applicable to the Company or the its Subsidiaries, except where the failure to so comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole.
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Compliance with Applicable Law; Permits. The Company and each of the its Subsidiaries hold all permits, licenses, variances, exemptions, orders, and approvals of all governmental entities Governmental Entities necessary for the lawful conduct of their respective businesses (the “Company Permits”), except for failures to hold such permits, licenses, variances, exemptions, orders and approvals which are not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole. The Company and each of the its Subsidiaries are in compliance with the terms of the Company Permits, except where the failure to comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole. The businesses and operations of the Company and the its Subsidiaries comply in all respects with the requirements of all laws, rules and regulations Laws applicable to the Company or the its Subsidiaries, except where the failure to so comply is not reasonably expected to have, individually or in the aggregate, a Material Adverse Effect on the Company and the its Subsidiaries taken as a whole.
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