Governmental Permits and Licenses. The Company owns or holds all material licenses, franchises, permits and other governmental authorizations, including without limitation permits (including, without limitation, all permits and approvals of Governmental Authorities necessary for the continued occupancy, use and operation of each of the Leased Premises), titles (including, without limitation, motor vehicle titles and current registrations), fuel permits, licenses, franchises and certificates required to conduct its business as currently being conducted or as proposed by the Company to be conducted and disclosed to SafeNet on or before the Closing Date (each, a “Material Permit” and collectively, the “Material Permits”). The Material Permits are valid and in full force and effect, and the Company has not received any notice that any Governmental Authority intends to modify, cancel, terminate or not renew any Material Permit. The Company has conducted and is conducting its business in material compliance with the requirements, standards, criteria and conditions set forth in the Material Permits and other applicable Laws and is not in material violation of any of the foregoing. The transactions contemplated by this Agreement will not result in a default under or a breach or violation of, or adversely affect any of the rights and benefits afforded to the Company by, any of the Material Permits. Schedule 3.11 lists all of the Material Permits that shall not remain in effect following the Effective Time.
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Governmental Permits and Licenses. The Company owns or holds --------------------------------- all material licenses, franchises, permits and other governmental authorizations, including without limitation permits (including, without limitation, all permits and approvals of Governmental Authorities governmental authorities necessary for the continued occupancy, use and operation of each of the Leased PremisesPremises as defined in Section 3.15(a)), titles (including, without limitation, motor vehicle titles and current registrations), fuel permits, licenses, franchises and franchises, certificates required to conduct its business as currently being conducted or as proposed by the Company to be conducted and disclosed to SafeNet on or before (the Closing Date (each, a “Material Permit” and collectively, the “"Material Permits”"). The Material Permits are valid and in full force and effect, and the Company has not received any notice that any Governmental Authority governmental authority intends to modify, cancel, terminate or not renew any Material Permit. The Company has conducted and is conducting its business in material compliance with the requirements, standards, criteria and conditions set forth in the Material Permits and other applicable Laws orders, approvals, variances, rules and regulations and is not in material violation of any of the foregoingforegoing except where such non-compliance or violation would not have a Material Adverse Effect. The transactions contemplated by this Agreement will not result in a default under or a breach or violation of, or adversely affect any of the rights and benefits afforded to the Company by, by any of the Material Permits. Schedule 3.11 lists all of the Material Permits that shall not remain in effect following the Effective TimePermit.
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Samples: Agreement and Plan of Reorganization (Us Office Products Co)
Governmental Permits and Licenses. The Company owns or holds all material --------------------------------- licenses, franchises, permits and other governmental authorizations, including without limitation permits (including, without limitation, all permits and approvals of Governmental Authorities necessary for the continued occupancy, use and operation of each of the "Leased Premises" as defined in Section 3.13(b)), titles (including, without limitation, motor vehicle titles and current registrations), fuel permits, licenses, franchises and franchises, certificates required to conduct its business as currently being conducted or as proposed by (the Company to be conducted and disclosed to SafeNet on or before the Closing Date (each, a “Material Permit” and collectively, the “"Material Permits”"). The Material Permits are valid and in full force and effect, and the Company has not received any notice that any Governmental Authority intends to modify, cancel, terminate or not renew any Material Permit. The Company has conducted and is conducting its business in material compliance with the requirements, standards, criteria and conditions set forth in the Material Permits and other applicable Laws orders, approvals, variances, rules and regulations and is not in material violation of any of the foregoing, except where the failure to so conduct its business would not have a material adverse effect on such Material Permits. The transactions contemplated by this Agreement will not result in a default under or a breach or violation of, or adversely affect any of the rights and benefits afforded to the Company by, by any of the Material Permits. Schedule 3.11 lists all of the Material Permits that shall not remain in effect following the Effective TimePermit.
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Samples: Agreement and Plan of Reorganization (Integral Systems Inc /Md/)
Governmental Permits and Licenses. The Company owns or holds all material licenses, franchises, permits and other governmental authorizations, including without limitation permits (including, without limitation, all permits and approvals of Governmental Authorities governmental authorities necessary for the continued occupancy, use and operation of each of the Leased PremisesPremises as defined in Section 3.15(a)), titles (including, without limitation, motor vehicle titles and current registrations), fuel permits, licenses, franchises and franchises, certificates required to conduct its business as currently being conducted or as proposed by the Company to be conducted and disclosed to SafeNet on or before (the Closing Date (each, a “Material Permit” and collectively, the “"Material Permits”"). The Material Permits are valid and in full force and effect, and the Company has not received any notice that any Governmental Authority governmental authority intends to modify, cancel, terminate or not renew any Material Permit. The Company has conducted and is conducting its business in material compliance with the requirements, standards, criteria and conditions set forth in the Material Permits and other applicable Laws orders, approvals, variances, rules and regulations and is not in material violation of any of the foregoingforegoing except where such non-compliance or violation would not have a Material Adverse Effect. The transactions contemplated by this Agreement will not result in a default under or a breach or violation of, or adversely affect any of the rights and benefits afforded to the Company by, by any of the Material Permits. Schedule 3.11 lists all of the Material Permits that shall not remain in effect following the Effective TimePermit.
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