Compliance with Laws; Governmental Authorizations. (a) The Company and each of its Subsidiaries is, and since January 1, 2016 has been, in compliance in all material respects with all Laws and Governmental Authorizations to which the Company or such Subsidiary, or any of its or their Company Vessels or other assets, is subject (including Maritime Guidelines). (b) The Company and each of its Subsidiaries owns, holds, possesses or lawfully uses in the operation of its business all material Governmental Authorizations (including those required by Maritime Guidelines) that are necessary or required for it to conduct its business as now conducted.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Euronav NV), Merger Agreement (Gener8 Maritime, Inc.), Agreement and Plan of Merger (Euronav NV)
