Common use of Compliance with Laws; Governmental Authorizations Clause in Contracts

Compliance with Laws; Governmental Authorizations. The Company is in compliance with all Laws, except for such noncompliance as would not have a material adverse effect on its assets, business condition (financial or otherwise), or property. The Company is not required to hold or maintain any material governmental authorizations, licenses or permits in the conduct of its business as presently conducted and as proposed to be conducted (other than any thereof which it holds on the date hereof).

Compliance with Laws; Governmental Authorizations. The Company ------------------------------------------------- is in compliance with all Lawslaws, except for such noncompliance as rules and regulations that, if violated, would not have a material adverse effect on its assets, business condition (financial or otherwise)business, or property. The Company is not required to hold or maintain any material governmental authorizations, licenses or permits in the conduct of its business as presently conducted and as currently proposed to be conducted (other than any thereof which it holds on the date hereof)conducted.

Compliance with Laws; Governmental Authorizations. The Company is in compliance with all LawsLaws that, except for such noncompliance as if violated, would not have a material adverse effect on its assets, business condition (financial or otherwise)business, or property. The Company is not required to hold or maintain any material governmental authorizations, licenses or permits in the conduct of its business as presently conducted and as proposed to be conducted (other than any thereof which it holds on the date hereof)conducted.