Compliance With Laws; Licenses, Etc. Other than as set forth in the Term Sheet, the Company has not received notice of any violation of or noncompliance with any Federal, state, local or foreign, laws, ordinances, regulations and orders applicable to its business which has not been cured, the violation of, or noncompliance with which, would have a materially adverse effect on the business or operations of the Company. Other than as set forth in the Term Sheet, the Company has all licenses and permits and other governmental certificates, authorizations and permits and approvals (collectively, "Licenses") required by every Federal, state and local government or regulatory body for the operation of its business as currently conducted and the use of its properties, except where the failure to be licensed would not have a material adverse effect on the business of the Company. Other than as set forth in the Term Sheet, the Licenses are in full force and effect and no violations are or have been recorded in respect of any License and no proceeding is pending or threatened to revoke or limit any thereof.
Appears in 1 contract
Samples: Agency Agreement (Irata Inc)
Compliance With Laws; Licenses, Etc. Other than as set forth in the Term SheetCompany's filings with the SEC, neither the Company nor any Subsidiary has not received notice of any violation of or noncompliance with any Federalfederal, state, local or foreign, laws, ordinances, regulations and orders applicable to its business which has not been cured, the violation of, or noncompliance with which, would have a materially adverse effect on the business or operations of the CompanyCompany or any Subsidiary. Other than as set forth in the Term Sheet, Each of the Company and the Subsidiaries has all licenses and permits and other governmental certificates, authorizations and permits and approvals (collectively, "Licenses") required by every Federalfederal, state and local government or regulatory body for the operation of its business as currently conducted and the use of its properties, except where the failure to be licensed would not have a material adverse effect on the business of the CompanyCompany or any Subsidiary. Other than as set forth in the Term Sheet, the The Licenses are in full force and effect and no violations are or have been recorded in respect of any License and no proceeding is pending or threatened to revoke or limit any thereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (Mdi, Inc.)
Compliance With Laws; Licenses, Etc. Other than as set forth in the Term SheetOffering Documents, neither the Company nor any Subsidiary has not received notice of any violation of or noncompliance with any Federal, state, local or foreign, laws, ordinances, regulations and orders applicable to its business which has not been cured, the violation of, or noncompliance with which, would have a materially adverse effect on the business or operations of the CompanyCompany or any Subsidiary. Other than as set forth in the Term Sheet, Each of the Company and the Subsidiaries has all licenses and permits and other governmental certificates, authorizations and permits and approvals (collectively, "Licenses") required by every Federal, state and local government or regulatory body for the operation of its business as currently conducted and the use of its properties, except where the failure to be licensed would not have a material adverse effect on the business of the CompanyCompany or any Subsidiary. Other than as set forth in the Term Sheet, the The Licenses are in full force and effect and no violations are or have been recorded in respect of any License and no proceeding is pending or threatened to revoke or limit any thereof.
Appears in 1 contract
Compliance With Laws; Licenses, Etc. Other than as set forth in Neither of the Term Sheet, the Company Companies has not received notice of any violation of of, or noncompliance with non-compliance with, any Federal, state, local or foreign, laws, ordinances, regulations and orders applicable to its business which has not been curedbusiness, the violation of, or noncompliance with which, would could reasonably be expected to have a materially material adverse effect on the business business, operations or operations financial condition of each of the CompanyCompanies. Other than as set forth in Each of the Term Sheet, the Company Companies has all governmental licenses and permits and other governmental certificates, authorizations and permits and approvals (collectively, "Licenses") required by every Federal, state and local government or regulatory body for the operation of its business as currently conducted and the use of its properties, except where the failure to be licensed would not have a material adverse effect on the business business, operations, financial condition, or prospects of it. Each of the Company. Other than as set forth in the Term Sheet, the Companies' respective Licenses are in full force and effect and no violations are or have been recorded in respect of any License and no proceeding is pending or or, to the best knowledge of the each of the Companies, threatened to revoke or limit any thereofLicense.
Appears in 1 contract
Samples: Placement Agency Agreement (Pacific Pharmaceuticals Inc)
Compliance With Laws; Licenses, Etc. Other than as set forth in the Term Sheet, Each of the Company has not received notice of any violation of or noncompliance and the -------------------------------------- Subsidiaries is in compliance with any Federalall federal, state, local or foreign, laws, ordinances, regulations and orders applicable to its business which has not been curedrespective business, the violation of, or noncompliance with which, would have a materially adverse effect on the business business, financial condition, prospects or operations of the CompanyCompany or the Subsidiaries. Other than as set forth in the Term Sheet, Each of the Company and the Subsidiaries has all governmental licenses and permits and other governmental certificates, authorizations and permits and approvals (collectively, "Licenses") required by every Federalfederal, state and local government or regulatory body for the operation of its respective business as currently conducted and the use of its properties, except where the failure to be licensed would not have a material adverse effect on the business of the Company or either of the Subsidiaries. Each of the Company. Other than as set forth in 's and the Term Sheet, the Subsidiary's Licenses are in full force and effect and no violations are or have been recorded in respect of any License and no proceeding is pending or or, to the best knowledge of the Company, threatened to revoke or limit any thereof.
Appears in 1 contract
Samples: Placement Agency Agreement (Conversion Technologies International Inc)