Common use of Compliance with Law; Licenses and Permits Clause in Contracts

Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 2.15, the Seller has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations and orders applicable to it, its operations, properties, assets, products and services. Except as set forth on SCHEDULE 2.15, there is no existing law, rule, regulation or order, and the Seller is not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business in the manner heretofore conducted by the Seller in any jurisdiction in which the Business is now conducted. The Seller possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for the Seller to carry on its business as currently conducted and to own and operate its properties and assets as now owned and operated and all of such licenses and permits are set forth on SCHEDULE 2.15.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Thermoview Industries Inc), Asset Purchase Agreement (Thermoview Industries Inc)

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Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 2.152.17, the Seller Company has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations and orders applicable to it, its operations, properties, assets, products and services. Except as set forth on SCHEDULE 2.152.17, there is no existing law, rule, regulation or order, and the Seller is Sellers are not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business in the manner heretofore conducted by the Seller Company in any jurisdiction in which the Business is now conducted. The Seller Company possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for the Seller Company to carry on its business as currently conducted and to own and operate its properties and assets as now owned and operated and all of such licenses and permits are set forth on SCHEDULE 2.152.17.

Appears in 1 contract

Samples: Stock Purchase Agreement (Thermoview Industries Inc)

Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 2.15, each of the Seller Sellers has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations and orders applicable to it, its operations, properties, assets, products and services. Except as set forth on SCHEDULE 2.15, there is no existing law, rule, regulation or order, and neither of the Seller Sellers is not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business in the manner heretofore conducted by the Seller Sellers in any jurisdiction in which the Business is now not conducted. The Seller Each of the Sellers possesses all franchises, permits, licenses, certificates certificates, and consents required from any governmental or regulatory authority in order for the Seller Sellers to carry on its business their businesses as currently conducted and to own and operate its their properties and assets as now owned and operated and all of such licenses and permits are set forth on SCHEDULE 2.15.

Appears in 1 contract

Samples: Asset Purchase Agreement (Thermoview Industries Inc)

Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 2.152.17, the Seller Company has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations and orders applicable to it, its operations, properties, assets, products and services. Except as set forth on SCHEDULE 2.152.17, there is no existing law, rule, regulation or order, and the Seller is are not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business in the manner heretofore conducted by the Seller Company in any jurisdiction in which the Business is now conducted. The Seller Company possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for the Seller Company to carry on its business as currently conducted and to own and operate its properties and assets as now owned and operated and all of such licenses and permits are set forth on SCHEDULE 2.152.17.

Appears in 1 contract

Samples: Stock Purchase Agreement (Thermoview Industries Inc)

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Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE Schedule 2.15, the Seller has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations and orders applicable to it, its operations, properties, assets, products and services. Except as set forth on SCHEDULE Schedule 2.15, there is no existing law, rule, regulation or order, and the Seller is not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business Seller's business in the manner heretofore conducted by the Seller in any jurisdiction in which the Business business is now conducted. The Seller possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for the Seller to carry on its business as currently conducted and to own and operate its properties and assets as now owned and operated and all of such licenses and permits are set forth on SCHEDULE Schedule 2.15.

Appears in 1 contract

Samples: Asset Purchase Agreement (Thermoview Industries Inc)

Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 2.152.13, the Seller has complied in all material respects with all laws, ordinances, legal requirements, rules, regulations regulations, and orders applicable to it, its operations, properties, assets, products products, and services. Except as set forth on SCHEDULE 2.152.13, there is no existing law, rule, regulation regulation, or order, and the Seller is not aware of any proposed law, rule, regulation regulation, or order, whether Federal, state state, or local, which would prohibit or materially restrict the Buyer from, or otherwise materially adversely affect the Buyer in, conducting the Business in the manner heretofore conducted by the Seller in any jurisdiction in which the Business is now conducted. The Seller possesses all franchises, permits, licenses, certificates certificates, and consents required from any governmental or regulatory authority in order for the Seller to carry on its business the Business as currently conducted and to own and operate its properties and assets the Transferred Assets as now owned and operated and all operated, the failure of such licenses and permits are set forth which to possess would have a material adverse effect on SCHEDULE 2.15the Business or the Transferred Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Essex Corporation)

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