Common use of Governmental and Other Authorisations Clause in Contracts

Governmental and Other Authorisations. The Borrower has obtained, and provided to the Agent, certified copies of all Authorisations listed in Schedule 14 (Communication Licences) together with: (a) in the case of paragraphs (i), (iii) and (iv) below, all other Authorisations; and (b) in the case of paragraph (ii) below, all other material Authorisations, in each case, not listed in those Clauses that may become necessary for: (i) each Loan; (ii) the business of the Borrower as it is presently carried on and is contemplated to be carried out; (iii) the due execution, delivery, validity and enforceability of, and performance by an Obligor of its obligations under this Agreement and each other Transaction Document to which it is a party, and any other documents necessary or desirable to the implementation of any of those agreements or documents; and (iv) the remittance to any Finance Party (or its assigns) of all monies payable or owing to such Finance Party (or its assigns) under any Finance Document in the currencies specified in such Finance Document, and all those Authorisations are in full force and effect.

Appears in 1 contract

Samples: Second Lien Facility Agreement (Globalstar, Inc.)

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Governmental and Other Authorisations. The Borrower has obtained, and provided to the BPIFAE Agent, certified copies of all Authorisations listed in Schedule 14 15 (Communication Licences) together with: (a) in the case of paragraphs (i), (iii) and (iv) below, all other Authorisations; and (b) in the case of paragraph (ii) below, all other material Authorisations, in each case, not listed in those Clauses clauses that may become necessary for: (i) each Loan; (ii) the business of the Borrower as it is presently carried on and is contemplated to be carried out; (iii) the due execution, delivery, validity and enforceability of, and performance by an Obligor of its obligations under this Agreement and each other Transaction Document to which it is a party, and any other documents necessary or desirable to the implementation of any of those agreements or documents; and (iv) the remittance to any Finance Party (or its assigns) of all monies payable or owing to such Finance Party (or its assigns) under any Finance Document in the currencies specified in such Finance Document, and all those Authorisations are in full force and effect.

Appears in 1 contract

Samples: Bpifae Facility Agreement (Globalstar, Inc.)

Governmental and Other Authorisations. Americas 90643250 169 The Borrower has obtained, and provided to the COFACE Agent, certified copies of all Authorisations listed in Schedule 14 15 (Communication Licences) together with: (a) in the case of paragraphs (i), (iii) and (iv) below, all other Authorisations; and (b) in the case of paragraph (ii) below, all other material Authorisations, in each case, not listed in those Clauses clauses that may become necessary for: (i) each Loan; (ii) the business of the Borrower as it is presently carried on and is contemplated to be carried out; (iii) the due execution, delivery, validity and enforceability of, and performance by an Obligor of its obligations under this Agreement and each other Transaction Document to which it is a party, and any other documents necessary or desirable to the implementation of any of those agreements or documents; and (iv) the remittance to any Finance Party (or its assigns) of all monies payable or owing to such Finance Party (or its assigns) under any Finance Document in the currencies specified in such Finance Document, and all those Authorisations are in full force and effect.

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

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Governmental and Other Authorisations. The Borrower has obtained, and provided to the COFACE Agent, certified copies of all Authorisations listed in Schedule 14 15 (Communication Licences) together with: (a) in the case of paragraphs (i), (iii) and (iv) below, all other Authorisations; and (b) in the case of paragraph (ii) below, all other material Authorisations, in each case, not listed in those Clauses clauses that may become necessary for: (i) each Loan; (ii) the business of the Borrower as it is presently carried on and is contemplated to be carried out; (iii) the due execution, delivery, validity and enforceability of, and performance by an Obligor of its obligations under this Agreement and each other Transaction Document to which it is a party, and any other documents necessary or desirable to the implementation of any of those agreements or documents; and (iv) the remittance to any Finance Party (or its assigns) of all monies payable or owing to such Finance Party (or its assigns) under any Finance Document in the currencies specified in such Finance Document, and all those Authorisations are in full force and effect.

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

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