Common use of Consents, Licenses and Permits Clause in Contracts

Consents, Licenses and Permits. The Company and the Sellers shall have each obtained all consents, licenses and permits of third parties to any of the Material Agreements and such other consents, if any, as shall, in Purchaser’s sole discretion be necessary (a) to prevent (i) any agreements of the Company from terminating, the termination of which, in the aggregate, would have a Material Adverse Effect on the business, financial condition or assets of the Company, or (ii) any material indebtedness of the Company from becoming due then, or with notice or the passage of time as a result of the performance of this Agreement, or (b) to enable Sellers and the Company to perform all of their respective obligations under this Agreement.

Consents, Licenses and Permits. The Company and the Sellers Seller shall have each obtained all consents, licenses and permits of third parties to any of the Material Agreements ( as defined in Section 1.15 of the Inducement) which are necessary for the performance by Seller and the Company of all of their respective obligations under this Agreement, and such other consents, if any, as shall, in Purchaser’s sole discretion be which are necessary (a) to prevent (i) any agreements of the Company from terminating, the termination of which, in the aggregate, would have a Material Adverse Effect material adverse effect on the business, financial condition or assets of the Company, or (ii) any material indebtedness of the Company from becoming due then, then or with notice or the passage of time as a result of the performance of this Agreement, or (b) to enable Sellers and the Company to perform all of their respective obligations under this Agreement.

Consents, Licenses and Permits. The Company and the Sellers Seller shall have each obtained all consents, licenses and permits of third parties to any necessary for the performance by each of the Material Agreements them of all of their respective obligations under this Agreement, and such other consents, if any, as shall, in Purchaser’s sole discretion be which are necessary (a) to prevent (i) any agreements of the Company from terminating, the termination of which, in the aggregate, would have a Material Adverse Effect material adverse effect on the business, financial condition or assets of the Company, or (ii) any material indebtedness of the Company from becoming due then, then or with notice or the passage of time as a result of the performance of this Agreement, or (b) to enable Sellers and the Company to perform all of their respective obligations under this Agreement.