Common use of Compliance with Law; Permits and Other Operating Rights Clause in Contracts

Compliance with Law; Permits and Other Operating Rights. The assets, properties, business and operations of the Company and each Subsidiary are and have been in compliance in all respects with all Laws applicable to their respective assets, properties, business and operations, except where the failure to comply would not have a Material Adverse Effect. The Company and each Subsidiary possesses all material permits, licenses and other authorizations from all Authorities necessary to permit it to operate its business in the manner in which it presently is conducted and the consummation of the transactions contemplated by this Agreement will not prevent the Company or any Subsidiary from being able to continue to use such permits and operating rights. Neither the Company nor any Subsidiary has received notice of any violation of any such applicable Law or is in default with respect to any order, writ, judgment, award, injunction or decree of any Authority.

Compliance with Law; Permits and Other Operating Rights. The assetsAssets, properties, business and operations of the Company and each Subsidiary are and have been in compliance in all respects with all Laws applicable to their respective the Company's assets, properties, business and operations, except where the failure to comply would not have a Material Adverse Effect. The Company and each Subsidiary possesses all material permits, licenses and other authorizations from all Authorities necessary to permit it to operate its business in the manner in which it presently is conducted conducted, except where the failure to possession such permits, licenses and other operations would not have a Material Adverse Effect) and the consummation of the transactions contemplated by this Agreement will not prevent the Company or any Subsidiary from being able to continue to use such permits and operating rights. Neither the The Company nor any Subsidiary has not received notice of any violation of any such applicable Law or Law, and is not in default with respect to any order, writ, judgment, award, injunction or decree of any Authority.

Compliance with Law; Permits and Other Operating Rights. The assetsExcept as set forth in the Company Disclosure Schedule, to the knowledge of the Company Principal Shareholders, the Assets, properties, business and operations of the Company and each Subsidiary are and have been in compliance in all respects with all Laws applicable to their respective the Company's assets, properties, business and operations, except where the failure to comply would not have a Material Adverse Effect. The To the knowledge of the Company and each Subsidiary Principal Shareholders, the Company possesses all material permits, licenses and other authorizations from all Authorities necessary to permit it to operate its business the Business in the manner in which it presently is conducted and the consummation of the transactions contemplated by this Agreement will not prevent the Company or any Subsidiary from being able to continue to use such permits and operating rights. Neither the The Company nor any Subsidiary has not received notice of any violation of any such applicable Law or Law, and is not in default with respect to any order, writ, judgment, award, injunction or decree of any Authority.

Compliance with Law; Permits and Other Operating Rights. The assetsExcept as set forth in the Company Disclosure Schedule, the Assets, properties, business and operations of the Company and each Subsidiary its subsidiaries are and have been in compliance in all respects with all Laws applicable to their respective the Company’s or its subsidiary’s assets, properties, business and operations, except where the failure to comply would not have a Material Adverse Effect. The Company and each Subsidiary subsidiary possesses all material permits, licenses and other authorizations from all Authorities necessary to permit it to operate its business in the manner in which it presently is conducted and the consummation of the transactions contemplated by this Agreement will not prevent the Company or any Subsidiary subsidiary from being able to continue to use such permits and operating rights. Neither the Company nor any Subsidiary subsidiary has received notice of any violation of any such applicable Law or Law, and is not in default with respect to any order, writ, judgment, award, injunction or decree of any Authority.