Common use of Compliance with Laws and Orders; Permits Clause in Contracts

Compliance with Laws and Orders; Permits. (a) The Company is in compliance with all Laws and Orders to which the business of the Company is subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company owns, holds, possesses or lawfully uses in the operation of its business all Permits that are necessary for it to conduct its business as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Smart for Life, Inc.), Stock Purchase Agreement (1847 Holdings LLC), Stock Purchase Agreement (1847 Holdings LLC)

AutoNDA by SimpleDocs

Compliance with Laws and Orders; Permits. To the Knowledge of the Seller: (a) The Company is in compliance with all Laws and Orders to which the business of the Company is subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company owns, holds, possesses or lawfully uses in the operation of its business all Permits that are necessary for it to conduct its business as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Victory Oilfield Tech, Inc.), Stock Purchase Agreement (1847 Holdings LLC)

Compliance with Laws and Orders; Permits. (a) The Company is Companies are in compliance with all Laws and Orders to which the business of the Company is Companies are subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company Companies owns, holds, possesses or lawfully uses in the operation of its business all Permits that are necessary for it to conduct its business as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (1847 Holdings LLC)

Compliance with Laws and Orders; Permits. (a) The Company is in compliance with all Laws and Orders to which the business of the Company is are subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company owns, holds, possesses or lawfully uses in the operation of its business all Permits that are necessary for it to conduct its business as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Smart for Life, Inc.)

AutoNDA by SimpleDocs

Compliance with Laws and Orders; Permits. (a) The Company is Companies are in compliance with all Laws and Orders to which the business of the Company is Companies are subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company ownsCompanies own, holdshold, possesses possess or lawfully uses use in the operation of its their business all Permits that are necessary for it them to conduct its their business as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Smart for Life, Inc.)

Compliance with Laws and Orders; Permits. (a) The Company is Companies are in compliance with all Laws and Orders to which the business businesses of the Company is Companies are subject, except where such failure to comply would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. (b) The Company ownsCompanies own, holdshold, possesses possess or lawfully uses use in the operation of its business their businesses all Permits that are necessary for it them to conduct its business their businesses as now conducted, except where such failure to own, hold, possess or lawfully use such Permit would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (1847 Holdings LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!