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

Compliance with Laws; Licenses and Permits. Sellers are not in violation of, nor have they failed to conduct their business with respect to the Acquired Assets in full compliance with, any applicable federal, state, local or foreign laws, regulations, rules, treaties, rulings, orders, directives or decrees. Sellers have delivered or will deliver to Buyer complete and correct copies of all of the licenses, permits, authorizations and franchises to which Sellers are subject and all said licenses, permits, authorizations and franchises are valid and in full force and effect. Said licenses, permits, authorizations and franchises constitute all of the licenses, permits, authorizations and franchises necessary to permit Sellers to conduct their business with respect to the Acquired Assets in the manner in which it is now being conducted, and Sellers are not in violation or breach of any of the terms, requirements or conditions of any of said licenses, permits, authorizations or franchises.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Ante5, Inc.), Asset Purchase Agreement (Ante5, Inc.), Asset Purchase Agreement (Ante5, Inc.)

AutoNDA by SimpleDocs

Compliance with Laws; Licenses and Permits. Sellers are Seller is not in violation of, nor have they has it failed to conduct their its business with respect to the Acquired Assets in full material compliance with, any applicable federal, state, local or foreign laws, regulations, rules, treaties, rulings, orders, directives or decrees. Sellers have Seller has delivered or will deliver to Buyer a complete and correct accurate list and provided Buyer with the right to inspect true and complete copies of all of the licenses, permits, authorizations and franchises to which Sellers are Seller is subject and all said licenses, permits, authorizations and franchises are valid and in full force and effect. Said licenses, permits, authorizations and franchises constitute all of the licenses, permits, authorizations and franchises reasonably necessary to permit Sellers Seller to conduct their its business with respect to the Acquired Assets in the manner in which it is now being conducted, and Sellers are Seller is not in violation or breach of any of the terms, requirements or conditions of any of said licenses, permits, authorizations or franchises.

Appears in 1 contract

Samples: Merger Agreement (Cloudcommerce, Inc.)

Compliance with Laws; Licenses and Permits. Sellers are Seller is not in material violation of, nor have they has it failed to conduct their its business with respect to the Acquired Assets in full material compliance with, any applicable federal, state, local or foreign laws, regulations, rules, treaties, rulings, orders, directives directives, or decrees. Sellers have Seller has delivered or will deliver to Buyer a complete and correct accurate list and provided Buyer with the right to inspect true and complete copies of all of the licenses, permits, authorizations and franchises to which Sellers are Seller is subject and all said licenses, permits, authorizations and franchises are valid and in full force and effect. Said licenses, permits, authorizations and franchises constitute all of the licenses, permits, authorizations and franchises reasonably necessary to permit Sellers Seller to conduct their its business with respect to the Acquired Assets in the manner in which it is now being conducted, and Sellers are Seller is not in violation or breach of any of the terms, requirements or conditions of any of said licenses, permits, authorizations authorizations, or franchises.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Locations, Inc.)

Compliance with Laws; Licenses and Permits. Sellers are To the knowledge of Seller and the EllisLab Shareholder, Seller is not in violation of, nor have they has it failed to conduct their its business with respect to the Acquired Assets in full material compliance with, any applicable federal, state, local or foreign laws, regulations, rules, treaties, rulings, orders, directives or decrees. Sellers have Seller has delivered or will deliver to Buyer a complete and correct accurate list and provided Buyer with the right to inspect true and complete copies of all of the licenses, permits, authorizations and franchises to which Sellers are Seller is subject and all said licenses, permits, authorizations and franchises are valid and in full force and effect. Said licenses, permits, authorizations and franchises constitute all of the licenses, permits, authorizations and franchises reasonably necessary to permit Sellers Seller to conduct their its business with respect to the Acquired Assets in the manner in which it is now being conducted, and Sellers are Seller is not in violation or breach of any of the terms, requirements or conditions of any of said licenses, permits, authorizations or franchises.

Appears in 1 contract

Samples: Merger Agreement (Digital Locations, Inc.)

AutoNDA by SimpleDocs

Compliance with Laws; Licenses and Permits. Sellers are Buyer is not in material violation of, nor have they has it failed to conduct their its business with respect to the Acquired Assets in full material compliance with, any applicable federal, state, local or foreign laws, regulations, rules, treaties, rulings, orders, directives or decrees. Sellers have Buyer has delivered or will deliver to Buyer Seller a complete and correct accurate list or provided Seller with the right to inspect true and complete copies of all of the licenses, permits, authorizations and franchises to which Sellers are Buyer is subject and all said licenses, permits, authorizations and franchises are valid and in full force and effect. Said licenses, permits, authorizations and franchises constitute all of the licenses, permits, authorizations and franchises necessary to permit Sellers Buyer to conduct their its business with respect to the Acquired Assets in the manner in which it is now being conducted, and Sellers are Buyer is not in material violation or material breach of any of the terms, requirements or conditions of any of said licenses, permits, authorizations or franchises.

Appears in 1 contract

Samples: Stock Purchase Agreement (Environmental Service Professionals, Inc.)

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