Licences, etc any licence, authorisation, consent or approval at any time necessary to enable any Security Party to comply with its obligations under the Security Documents is revoked or withheld or modified or is otherwise not granted or fails to remain in full force and effect or if any exchange control or other law or regulation shall exist which would make any transaction under the Security Documents or the continuation thereof, unlawful or would prevent the performance by any Security Party of any term of any of the Security Documents; or
Licences, etc. 5.2.1 All necessary licences consents permits and authorities (public and private) have been obtained by the Company to enable the Company to carry on its business effectively in the places and in the manner in which such business is now carried on and all such licences consents permits and authorities are valid and subsisting.
5.2.2 The Company is not in breach of any of the terms and conditions of any such licences or consents and there are no factors known to the Vendors that might in any way prejudice the continuation or renewal of any of such licences or consents.
Licences, etc. All necessary licences consents permits approvals and authorities (public and private) have been obtained by the Company to enable it to carry on its business in the places and in the manner in which such business is now carried on and all such licences consents permits approvals and authorities are valid and subsisting and are not limited in duration or subject to onerous conditions and the Vendors know of no reason (but without making any specific enquiry of any public authority which issued any of them for the purpose of making this Warranty) why any of them should be suspended cancelled or revoked and all such licences, consents, permits, approvals and authorities are Disclosed.
Licences, etc any licence, authorisation, consent or approval at any time necessary to enable any Security Party to comply with its material obligations under the Security Documents or the Underlying Documents is revoked or withheld or modified or is otherwise not granted or fails to remain in full force and effect or if any exchange control or other law or regulation shall exist which would make any transaction under the Security Documents or the Underlying Documents or the continuation thereof, unlawful or would prevent the performance by any Security Party of any term of any of the Security Documents or the Underlying Documents, unless, in the case of unlawfulness referred to above, the Majority Banks are satisfied that through the implementation of alternative arrangements satisfactory to the Majority Banks, the unlawfulness will be overcome or rectified within 10 days from its occurrence but without in the meantime jeopardising in any way the position of the Creditors under this Agreement and the other Security Documents or the Encumbrances created by the Security Documents (and such unlawfulness is actually overcome or rectified within such 10 day period),
(a) there shall not be an Event of Default if any of the events or circumstances described in clauses 10.1.7, 10.1.9, 10.1.10, 10.1.11, 10.1.13 and 10.1.14 takes place solely and exclusively with respect to the Refund Guarantor and, within fifteen (15) days after the earlier of (1) the date when the Borrowers or any of them becomes aware that the relevant event or the relevant circumstances have occurred or started to exist and (2) the date when the Agent notifies the Borrowers in writing that the relevant event or the relevant circumstances have occurred or exist:
(i) the Borrowers have (A) arranged the issuing of new substitute refund guarantees for each Assigned Contract in favour of the relevant Borrower, in form and substance substantially similar to the Assigned Refund Guarantees and issued by a bank acceptable to the Agent (acting on the instructions of the Majority Banks in their discretion), (B) assigned in favour of the Security Agent (at the expense of the Borrowers) the benefit of such substitute Refund Guarantees by executing security assignment agreements in a form similar to the Pre-delivery Security Assignments (and have delivered to the Security Agent any notices of assignment and have used their best endeavours to deliver to the Security Agent acknowledgements or further documents required to b...
Licences, etc. All necessary licences consents permits and authorities (public and private) have been obtained by the Company to enable the Company to carry on its business effectively in the places and in the manner in which such business is now carried on and all such licences consents permits and authorities are valid and subsisting.
Licences, etc. Each of the Borrower and each Material Subsidiary shall (i) obtain, hold and maintain in full force and good standing all Permits applicable to it or necessary to own its assets and to carry on its business and (ii) duly observe, conform and comply in all material respects with all valid requirements of all Permits, except, in each case, to the extent that not doing so would not have a Material Adverse Effect.
Licences, etc all licences, permissions, registrations and consents required for the carrying on of the business of the Company as it is carried on at Completion have been obtained by it and are in full force and effect and the Company is not in breach of any of the terms or conditions of such licences, permissions, registrations or consents and, to the best of the knowledge, information and belief of the Seller, there are no circumstances indicating that any of those licences, permissions, registrations or consents is likely to be revoked or not renewed or varied or suspended in whole or in part whether or not in the ordinary course such circumstances including but not limited to the carrying into effect of this Agreement;
Licences, etc. The Target owns, possesses, or has obtained and is in compliance with, all licences, permits, certificates, orders, grants and other authorizations of or from any Governmental Entity necessary to conduct the Target Business as now conducted except for such failure that would not individually or in the aggregate have a Material Adverse Effect on the Target.
Licences, etc obtain, comply with and do all that is necessary to maintain in force, and promptly on a reasonable request by the Agent furnish certified copies to the Agent of, all licences, Authorisations, approvals, consents, rights, privileges, permits and franchises, which may from time to time be necessary for:
(i) the continued due performance of its obligations under the Finance Documents;
(ii) the legality, validity, enforceability or admissibility in evidence in its jurisdiction of the Finance Documents; or
(iii) the conduct of its business; except in the case of Clause 13.2(e)(iii) above, the loss of, or the failure to comply with which could not reasonably be expected to result in a Material Adverse Change.
Licences, etc. Vivendi and each Vivendi Material Subsidiary owns, possesses, or has obtained and is in compliance with, all licences, permits, certificates, orders, grants and other authorizations of or from any Governmental Entity necessary to conduct its businesses as now conducted except for such failure that would not, individually or in the aggregate, have a Material Adverse Effect on Vivendi.
