Conformity With Legal Requirements. The operations of the Company and its Subsidiaries as now conducted are not in violation of, nor is the Company or any Subsidiary in default under, any Legal Requirements presently in effect or the Company's or any Subsidiary's Charter or By-Laws. The Company and its Subsidiaries have all franchises, licenses, permits or other authority presently necessary for the conduct of their businesses as now conducted.
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Samples: Preferred Stock Purchase Agreement (Galen Partners Iii L P), Preferred Stock Purchase Agreement (Specialized Health Products International Inc)
Conformity With Legal Requirements. The operations of the Company and its Subsidiaries as now conducted are not in violation of, nor is the Company or any Subsidiary in default under, any Legal Requirements presently in effect or the Company's or any Subsidiary's Charter or By-Laws, except for such violations and defaults as do not and will not, in the aggregate, have a Material Adverse Effect. The Company and its Subsidiaries have all franchises, licenses, permits or other authority presently necessary for the conduct of their businesses as now conducted.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Galen Partners Iii L P), Preferred Stock Purchase Agreement (Ivy Orthopedic Partners LLC)
Conformity With Legal Requirements. The operations of the Company and its Subsidiaries as now conducted are not in violation of, nor is the Company or any Subsidiary in default under, any Legal Requirements presently in effect or effect, except for such violations and defaults as do not and will not, in the Company's or any Subsidiary's Charter or By-Lawsaggregate, have a Material Adverse Effect. The Company and its Subsidiaries have has all franchises, licenses, permits or other authority presently necessary for the conduct of their businesses its business as now conducted.
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