Compliance with Laws and Orders; Permits. (a) To the Knowledge of the Sellers, the Companies are in compliance with all Laws and Orders to which the businesses of the 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 Companies own, hold, possess or lawfully use in the operation of their businesses all Permits that are necessary for them to conduct 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 Material Adverse Effect.
Appears in 3 contracts
Samples: Securities Purchase Agreement (1847 Holdings LLC), Securities Purchase Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.)
Compliance with Laws and Orders; Permits. (a) To the Knowledge of the SellersCompany, the Companies are Company is in compliance with all Laws and Orders to which the businesses business of the Companies are 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 Companies ownTo the Knowledge of the Company, holdthe Company owns, possess holds, possesses, or lawfully use uses in the operation of their businesses its business all Permits that are necessary for them it to conduct their businesses 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: Merger Agreement (1847 Holdings LLC)
Compliance with Laws and Orders; Permits. (a) To the Knowledge of the SellersSeller Parties, the Companies are Company is in compliance with all Laws and Orders to which the businesses business of the Companies are 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 Companies ownTo the Knowledge of the Seller Parties, holdthe Company owns, possess holds, possesses or lawfully use uses in the operation of their businesses its business all Permits that are necessary for them it to conduct their businesses 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.)