Common use of Governmental Licenses and Permits Clause in Contracts

Governmental Licenses and Permits. (a) Excluding Environmental Permits (which are covered solely in Section 4.11), and except as has not had and would not reasonably be expected to result in material liability to the CCBCC Business, the CCBCC Parties hold all governmental qualifications, registrations, filings, privileges, franchises, licenses, permits, approvals or authorizations that are required for the operation of the CCBCC Transferred Assets or the CCBCC Business as conducted by the CCBCC Parties (collectively, “CCBCC Material Permits”). (b) Excluding Environmental Permits (which are covered solely in Section 4.11), none of the CCBCC Parties is in default under or violation of any of the CCBCC Material Permits in any material respect and, to the Knowledge of the CCBCC Parties, there are no facts, conditions or circumstances that would reasonably be expected to result in the suspension or revocation of, or prevent the renewal of, any such CCBCC Material Permits.

Governmental Licenses and Permits. (a) Excluding Environmental Permits (which are covered solely in Section 4.113.11), and except as has not had and would not reasonably be expected to result in material liability to the CCBCC CCR Business, the CCBCC CCR Parties hold all governmental qualifications, registrations, filings, privileges, franchises, licenses, permits, approvals or authorizations that are required for the operation of the CCBCC CCR Transferred Assets or the CCBCC CCR Business as conducted by the CCBCC CCR Parties (collectively, “CCBCC CCR Material Permits”). (b) Excluding Environmental Permits (which are covered solely in Section 4.113.11), none of the CCBCC CCR Parties is in default under or violation of any of the CCBCC CCR Material Permits in any material respect and, to the Knowledge of the CCBCC CCR Parties, there are no facts, conditions or circumstances that would reasonably be expected to result in the suspension or revocation of, or prevent the renewal of, any such CCBCC CCR Material Permits.