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

Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 5.16, each 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 5.16, there is no existing law, rule, regulation or order, and neither Company is aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict Sub from, or otherwise materially adversely affect Sub in, conducting the business of both Companies in the manner heretofore conducted by such Company in any jurisdiction in which such business is now conducted. Each Company possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for each 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 5.16.

Appears in 2 contracts

Samples: Merger Agreement (Thermoview Industries Inc), Merger Agreement (Thermoview Industries Inc)

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Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 5.16, each 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 5.16, there is no existing law, rule, regulation or order, and neither Company is not aware of any proposed law, rule, regulation or order, whether Federalfederal, state or local, which would prohibit or materially restrict Sub from, or otherwise materially adversely affect Sub in, conducting the business of both Companies Company in the manner heretofore conducted by such Company in any jurisdiction in which such business is now conducted. Each Company possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for each 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 5.16.

Appears in 2 contracts

Samples: Merger Agreement (Thermoview Industries Inc), Merger Agreement (Thermoview Industries Inc)

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Compliance with Law; Licenses and Permits. Except as set forth on SCHEDULE 5.16, each 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 5.16, there is no existing law, rule, regulation or order, and neither Company is not aware of any proposed law, rule, regulation or order, whether Federal, state or local, which would prohibit or materially restrict Sub from, or otherwise materially adversely affect Sub in, conducting the business of both Companies Company in the manner heretofore conducted by such Company in any jurisdiction in which such business is now conducted. Each Company possesses all franchises, permits, licenses, certificates and consents required from any governmental or regulatory authority in order for each 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 5.16.

Appears in 1 contract

Samples: Merger Agreement (Thermoview Industries Inc)

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