Common use of Licences and Compliance with Applicable Law Clause in Contracts

Licences and Compliance with Applicable Law. Schedule 2.1(18) lists all the Licences and identifies those that by their terms are not transferable. The Licences are the only licences, permits, approvals or evidences of authority of any Governmental Authority required for the operation of the Business and are held by the Vendor free and clear of any and all Liens. The Vendor is conducting the Business in accordance with all terms and conditions of the Licences and in compliance with Applicable Law. All the Licences are valid and are in full force and effect, the Vendor is not in violation of any term or provision or requirement of any Licence, and no Person has Threatened to revoke, amend or impose any condition in respect of, or commenced proceedings to revoke, amend or impose conditions in respect of, any Licence. Except as disclosed in Schedule 2.1(21), no Regulatory Approval is required in connection with the transactions contemplated by this Agreement or in order to transfer to the Purchaser any Licence and to maintain all rights and benefits thereunder in full force and effect and in good standing after Closing.

Licences and Compliance with Applicable Law. Schedule 2.1(183.1(21) lists all the Licences and identifies those that by their terms are not transferable. The Licences are the only licences, permits, approvals or evidences of authority of any Governmental Authority required for the operation of the Business and are held by the Vendor Vendor, as at the Execution Date, the Corporation, as at the Effective Date, and by XX Xxxxx, as at the Closing Date, free and clear of any and all Liens. The As at the Execution Date, the Vendor is conducting (and will cause the Corporation and XX Xxxxx to, at all relevant times during the Interim Period, conduct) the Business in accordance with all terms and conditions of the Licences and in compliance with Applicable Law. All the Licences are valid and are in full force and effect, the . The Vendor is not (and at no time during the Interim Period will the Corporation or XX Xxxxx be) in violation of any term or provision or requirement of any Licence, and no Person has Threatened to revoke, amend or impose any condition in respect of, or commenced proceedings to revoke, amend or impose conditions in respect of, any Licence. Except as disclosed in Schedule 2.1(213.1(24), no Regulatory Approval is required in connection with the transactions contemplated by this Agreement or in order to transfer to the Purchaser maintain any Licence and to maintain all rights and benefits thereunder in full force and effect and in good standing after Closing.

Licences and Compliance with Applicable Law. Schedule 2.1(183.3(19) lists all the Licences and identifies those that by their terms are not transferable. The Licences are the only licences, permits, approvals or evidences of authority of any Governmental Authority required for the operation of the Business and are held by the Vendor Partnership free and clear of any and all Liens. The Vendor Partnership is conducting the Business in accordance with all terms and conditions of the Licences and in compliance with Applicable Law. All the Licences are valid and are in full force and effect, the Vendor . The Partnership is not in violation of any term or provision or requirement of any Licence, and no Person has Threatened to revoke, amend or impose any condition in respect of, or commenced proceedings to revoke, amend or impose conditions in respect of, any Licence. Except as disclosed in Schedule 2.1(213.3(22), no Regulatory Approval is required in connection with the transactions contemplated by this Agreement or in order to transfer to the Purchaser maintain any Licence and to maintain all rights and benefits thereunder in full force and effect and in good standing after Closing.