Common use of Governmental Authorizations and Regulations Clause in Contracts

Governmental Authorizations and Regulations. Target has obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Merger Agreement (Hearme), Agreement and Plan of Merger (Yahoo Inc)

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Governmental Authorizations and Regulations. Target has ------------------------------------------- obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when where the failure to obtain or have any such authorization Target authorizations could not reasonably be reasonably expected to have a Material Adverse EffectEffect on Target.

Appears in 2 contracts

Samples: Agreement and Plan (Yahoo Inc), Agreement and Plan of Merger (Applied Micro Circuits Corp)

Governmental Authorizations and Regulations. Target has obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yahoo Inc)

Governmental Authorizations and Regulations. Target has obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when where the failure to obtain or have any such authorization Target authorizations could not reasonably be reasonably expected to have a Material Adverse EffectEffect on Target.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yahoo Inc)

Governmental Authorizations and Regulations. Target has obtained each material federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target it currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's its business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Durect Corp)

Governmental Authorizations and Regulations. Target has ------------------------------------------- obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could for those consents, licenses, permits, grants or other authorizations which would not be reasonably expected to have a Material Adverse EffectEffect if not obtained.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metawave Communications Corp)

Governmental Authorizations and Regulations. Target has ------------------------------------------- obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Worldres Com Inc)

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Governmental Authorizations and Regulations. Target has ------------------------------------------- obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, effect except when the where failure to obtain such authorization do so could not reasonably be reasonably expected to have a Material Adverse EffectEffect on Target.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Loudeye Technologies Inc)

Governmental Authorizations and Regulations. Target has and its Subsidiaries have obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target and its Subsidiaries currently operates operate or holds hold any interest in any of its their respective properties or (ii) that is required for the operation of Target's business or its Subsidiaries' respective businesses or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aspect Telecommunications Corp)

Governmental Authorizations and Regulations. Target has obtained each federal, state, county, local or foreign governmental consent, license, permit, grant, or other authorization of a Governmental Entity (i) pursuant to which Target currently operates or holds any interest in any of its properties or (ii) that is required for the operation of Target's business or the holding of any such interest, and all of such authorizations are in full force and effect, except when the failure to obtain such authorization could not be reasonably expected to have a Material Adverse Effect...

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yahoo Inc)

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