Common use of Compliance with Private Authorizations Clause in Contracts

Compliance with Private Authorizations. Section 3.6 of the Seller Disclosure Schedule sets forth a true, accurate and complete list of each Private Authorization which individually is material to the Seller Assets or the Seller Business. To Seller's knowledge, Seller and each Seller Subsidiary has obtained all Private Authorizations which are necessary for the ownership or operation of the Seller Assets or the conduct of the Seller Business which, if not obtained and maintained, could, individually or in the aggregate, materially Adversely affect Seller or any Seller Subsidiary. To Seller's knowledge, All of such Private Authorizations are valid and in good standing and are in full force and effect. None of Seller or any Seller Subsidiary is in breach or violation of, or in default in the performance, observance or fulfillment of, any such Private Authorization, and no Event exists or has occurred, which constitutes, or but for any requirement of giving of notice or passage of time or both would constitute, such a breach, violation or default, under any such Private Authorization, except for such defaults, breaches or violations as do not and will not have in the aggregate any material Adverse effect on Seller or any Seller Subsidiary. To Seller's knowledge, no such Private Authorization is the subject of any pending or threatened attack, revocation or termination.

Compliance with Private Authorizations. Section 3.6 of the Seller Disclosure Schedule sets forth a true, accurate and complete list and description of each Private Authorization which individually is material to the Seller Assets or the Seller Businesscurrently holds. To the best of Seller's knowledge, Seller and each Seller Subsidiary has obtained all Private Authorizations which are necessary for the ownership or operation of the Seller Assets or the conduct of the Seller Business which, if not obtained and maintained, could, individually or in the aggregate, materially Adversely adversely affect Seller or any Seller SubsidiarySeller. To All of such Private Authorizations, to Seller's knowledge, All of such Private Authorizations are valid and in good standing and are in full force and effect. None To the best of Seller's knowledge, Seller or any Seller Subsidiary is not in breach or violation of, or in default in the performance, observance or fulfillment of, any such Private Authorization, and and, to the best of Seller's knowledge, no Event exists or has occurred, which constitutes, or but for any requirement of giving of notice or passage of time or both would constitute, such a breach, violation or default, under any such Private Authorization, except for such defaults, breaches or violations as do not and will not have in the aggregate any material Adverse adverse effect on Seller or any Seller SubsidiarySeller. To Seller's knowledge, no No such Private Authorization is the subject of any pending or or, to Seller's knowledge, threatened attack, revocation or termination.