Compliance with Laws; Governmental Approvals Sample Clauses

Compliance with Laws; Governmental Approvals. Each Credit Party (i) has all Governmental Approvals required by any Applicable Law for it to conduct its business, each of which is in full force and effect, is final and not subject to review on appeal and is not the subject of any pending or, to its knowledge, threatened attack by direct or collateral proceeding, and (ii) is in compliance with each Governmental Approval applicable to it and in compliance with all other Applicable Laws, including, without limitation, the BSA, relating to it or any of its respective properties, except, in each case, to the extent that such non-compliance would not have a Material Adverse Effect.
AutoNDA by SimpleDocs
Compliance with Laws; Governmental Approvals. (a) Neither iGambit nor any of its Subsidiaries is now, or during the past five (5) years has been, in conflict with, or in default, breach or violation of, in any material respect, any Legal Requirement applicable to iGambit or any of its Subsidiaries, as applicable, or by which any iGambit Asset is bound, subject or affected, and iGambit and its Subsidiaries have filed all material reports, data and other information required to be filed with any Governmental Authority. iGambit and its Subsidiaries are in possession of all Governmental Approvals reasonably necessary for iGambit or any of its Subsidiaries, as applicable, to own, lease and operate its properties or to carry on the iGambit Business. No suspension or cancellation of any Governmental Approvals is pending or, to the Knowledge of iGambit, threatened, and, other than FINRA, no Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents. Neither iGambit nor any of its Subsidiaries has received written notice or communication from any Person of any inquiry, proceeding or investigation by any Governmental Authority alleging or based upon a violation of any Legal Requirement by iGambit or any of its Subsidiaries or that involves services furnished or data submitted by iGambit or any of its Subsidiaries.
Compliance with Laws; Governmental Approvals. Except as described in Schedule 4.17, Seller is not now, and during the past five years has not been, in conflict with, in default of, or in breach or in violation of any Legal Requirement applicable to Seller, or by which any property or asset of Seller is bound or affected. Seller is in possession of all Governmental Approvals necessary for Seller to own, lease and operate its properties or to carry on the Business as it is now being conducted, except where the failure to obtain such Governmental Approval would not, individually or in the aggregate, have a Material Adverse Effect. No suspension or cancellation of any Governmental Approvals is pending or, to Seller’s Knowledge, threatened, and except for those Governmental Approvals set forth in Section 4.17 of the Seller Disclosure Schedule, no other Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents.
Compliance with Laws; Governmental Approvals. Neither Parent nor any of its Subsidiaries is now, or during the past five (5) years has been, in conflict with, or in default, breach or violation of, in any material respect, any Legal Requirement applicable to Parent or any of its Subsidiaries, as applicable, or by which any Parent Asset is bound, subject or affected, and Parent and its Subsidiaries have filed all material reports, data and other information required to be filed with any Governmental Authority. Parent and its Subsidiaries are in possession of all Governmental Approvals reasonably necessary for Parent or any of its Subsidiaries, as applicable, to own, lease and operate its properties or to carry on the Parent Business. No suspension or cancellation of any Governmental Approvals is pending or, to the Knowledge of Parent, threatened, and, other than FINRA, no Governmental Approval is required to be obtained or filed in connection with the execution and delivery of this Agreement and the other Transaction Documents. Since January 1, 2017, neither Parent nor any of its Subsidiaries has received written notice or communication from any Person of any inquiry, proceeding or investigation by any Governmental Authority alleging or based upon a violation of any Legal Requirement by Parent or any of its Subsidiaries or that involves services furnished or data submitted by Parent or any of its Subsidiaries.
Compliance with Laws; Governmental Approvals. (a) Contributor is now, and during the past five years has been, in full compliance with each Legal Requirement applicable to the Business or the Contributed Assets, and, to the Knowledge of Contributor, no event has occurred, and no condition or circumstance exists, that might (with or without notice or lapse of time) constitute, or result directly or indirectly in, a default under, a breach or violation of, or a failure comply with, any such Legal Requirement; except for any such non-compliance, failure, breach or violation which would not have a Material Adverse Effect on the Company. Contributor has not received any written notice from any Third Party regarding any actual, alleged or potential material violation of any such Legal Requirement applicable to the Business or the Contributed Assets except for any of the foregoing which would not have a Material Adverse Effect on the Company.
Compliance with Laws; Governmental Approvals. (i) LKAR has not received any written notice of any claim alleging any conflict, violation, breach or default under any law applicable to the Red Hawk Casino.
Compliance with Laws; Governmental Approvals. Such Pledgor (i) shall comply with all Laws and (ii) shall obtain, maintain and comply with all Governmental Approvals as shall now or hereafter be necessary under applicable Law, rule or regulation, in each case in connection with the making and performance by such Pledgor of any material provision of the Transaction Documents to which it is a party, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect (as defined in Section 3.2).
AutoNDA by SimpleDocs
Compliance with Laws; Governmental Approvals. Except as set forth in Section 2.16 of the Disclosure Schedule, each of the Company and its Subsidiaries is in material compliance with all Laws applicable to it. Neither the Company nor any of its Subsidiaries has received written notice from any Governmental Body of, and the Company has no Knowledge of, any failure to comply with any applicable Law in any material respect. To the Company’s Knowledge, the Company and its Subsidiaries hold all material Consents necessary under applicable Law for the conduct of the Business, and none of the operations of the Company or any of its Subsidiaries are being conducted in material violation of any Governmental Approval held by the Company or any of its Subsidiaries. To the Knowledge of the Company, there is no material audit or investigation by a Governmental Body pending or threatened against the Company or any of its Subsidiaries.
Compliance with Laws; Governmental Approvals. Each of Parent and its Subsidiaries is in material compliance with all Laws applicable to it. Neither Parent nor any of its Subsidiaries has received written notice from any Governmental Body of, and Parent has no Knowledge of, any failure to comply with any applicable Law in any material respect. To Parent’s Knowledge, Parent and its Subsidiaries hold all material Consents necessary under applicable Law for the conduct of their respective businesses, and none of the operations of Parent or any of its Subsidiaries are being conducted in material violation of any Governmental Approval held by Parent or any of its Subsidiaries. To the Knowledge of Parent, there is no material audit or investigation by a Governmental Body pending or threatened against Parent or any of its Subsidiaries.
Compliance with Laws; Governmental Approvals. (a) Except as to the matters that have previously been communicated to Great Lakes through the Authority or the Band (including their employees and representatives), or senior management of the Casino, the Casino has not been and is currently not (i) to Great Lakes’ Knowledge in conflict with or in violation or breach of or default under (and, to Great Lakes Knowledge, there exists no event that, with notice or passage of time or both, would constitute a conflict, violation, breach or default with, of or under) any Law applicable to it, and (ii) Great Lakes has not received any written notice of any claim alleging any such conflict, violation, breach or default.
Time is Money Join Law Insider Premium to draft better contracts faster.