Compliance with Permits, Laws and Orders. (i) Each of the Seller Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 7 contracts
Samples: Agreement and Plan of Merger (Carolina Financial Corp), Employment Agreement (First Community Corp /Sc/), Agreement and Plan of Merger (First Community Corp /Sc/)
Compliance with Permits, Laws and Orders. (i) Each of the Seller Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are material and required for it to own, lease, or operate its material assets and to carry on its business as now conducted, and there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (New Commerce Bancorp), Agreement and Plan of Merger (SCBT Financial Corp)
Compliance with Permits, Laws and Orders. (i) Each To the Seller’s Knowledge, each of the Seller Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (American Community Bancshares Inc), Agreement and Plan of Merger (Yadkin Valley Financial Corp)
Compliance with Permits, Laws and Orders. (i) Each To the Buyer’s Knowledge, each of the Seller Buyer Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Yadkin Valley Financial Corp), Agreement and Plan of Merger (American Community Bancshares Inc)
Compliance with Permits, Laws and Orders. (i) Each Except as disclosed in Section 4.13(b)(i) of the Seller Disclosure Memorandum, each of the Seller Entities has in effect all Permits and has made all filings, applications, and registrations with Governmental Authorities that are required for it to own, lease, or operate its assets and to carry on its business as now conducted, and there has occurred no Default under any such Permit applicable to their respective businesses or employees conducting their respective businesses.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Congaree Bancshares Inc)
