Common use of Governmental Permits; Compliance with Laws Clause in Contracts

Governmental Permits; Compliance with Laws. (a) Each of the Seller and its Subsidiaries owns, holds or possesses all Governmental Permits which are necessary to entitle it to own or lease, operate and use its assets and to carry on and conduct its business as currently conducted, except for those Governmental Permits the absence of which, individually or in the aggregate, would not have a Seller Material Adverse Effect.

Governmental Permits; Compliance with Laws. (a) Each of the Seller and its Subsidiaries The Buyer owns, holds or possesses all Governmental Permits which are necessary to entitle it to own or leaseown, operate and use the Assets (including, without limitation, the performance of its assets obligations under any Novated Contract which may be transferred to it) and to carry on and conduct its business the Business substantially as currently conducted, except for those Governmental Permits the absence of which, individually or in the aggregate, would not have a Seller Material Adverse Effect.

Governmental Permits; Compliance with Laws. (a) Each of the Seller The Company and its Subsidiaries each Subsidiary owns, holds or possesses all Governmental Permits which are necessary to entitle it to own or lease, operate and use its assets and to carry on and conduct its business substantially as currently conducted, except for those Governmental Permits the absence of which, individually or in the aggregate, would not have a Seller Material Adverse Effect.

Governmental Permits; Compliance with Laws. (a) Each of the The Seller and its Subsidiaries owns, holds or possesses all material Governmental Permits which are necessary to entitle it to own or lease, operate and use its assets that are utilized exclusively in connection with the Business and to carry on and conduct its business the Business substantially as currently conducted, except for those such incidental Governmental Permits which would be obtainable in due course by any qualified applicant without any adverse effect on the absence of which, individually Business or any undue burden or cost in the aggregateevent of any failure to apply, would not have a Seller Material Adverse Effectlapse, termination, cancellation or forfeiture thereof.

Governmental Permits; Compliance with Laws. (a) Each of the The Seller and its Subsidiaries owns, holds or possesses all Governmental Permits which are necessary to entitle it to own or lease, operate and use its assets and to carry on and conduct its business the Business substantially as currently conducted, except for those such incidental Governmental Permits which would be obtainable in due course by any qualified applicant without any adverse affect on the absence of which, individually Business or any undue burden or cost in the aggregateevent of any failure to apply, would not have a Seller Material Adverse Effectlapse, termination, cancellation or forfeiture thereof.