Common use of License and Permits Clause in Contracts

License and Permits. Section 3.12 of the Seller Disclosure Schedule correctly describes each license, franchise, permit or other similar authorization affecting, or relating in any way to, the Business, together with the name of the Governmental Entity issuing such license or permit (the “Permits”). Except as set forth on Section 3.12 of the Seller Disclosure Schedule, such Permits are valid and in full force and effect and are transferable by Seller, and none of the Permits will be terminated or impaired or become terminable as a result of the transactions contemplated hereby. Upon consummation of such transactions, Buyer will have all right, title and interest to all such Permits.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Mobivity Holdings Corp.), Asset Purchase Agreement (Commercetel Corp), Asset Purchase Agreement (Commercetel Corp)

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License and Permits. Section 3.12 of the Seller Disclosure Schedule correctly describes each license, franchise, permit or other similar authorization affecting, or relating in any way to, the Business, together with the name of the Governmental Entity issuing such license or permit (the “Permits”). Except as set forth on Section 3.12 of the Seller Disclosure Schedule, such Permits are valid and in full force and effect and are transferable by Seller, and none of the Permits will be terminated or impaired or become terminable as a result of the transactions contemplated hereby. Upon consummation of such transactions, to Seller’s knowledge Buyer will have all right, title and interest to all such Permits.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mobivity Holdings Corp.)

License and Permits. Section 3.12 3.10 of the Seller Disclosure Schedule correctly describes each license, franchise, permit or other similar authorization affecting, or relating in any way to, the Business, together with the name of the Governmental Entity issuing such license or permit (the “Permits”). Except as set forth on Section 3.12 of the Seller Disclosure Schedule, such Permits are valid and in full force and effect and are transferable by Seller, and none of the Permits will be terminated or impaired or become terminable as a result of the transactions contemplated hereby. Upon consummation of such transactions, Buyer will have all right, title and interest to all such Permits.

Appears in 1 contract

Samples: Asset Purchase Agreement (Axiologix Education Corp)

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License and Permits. Section 3.12 of the Seller Sellers Disclosure Schedule correctly describes each license, franchise, permit or other similar authorization affecting, or relating in any way to, the Business, together with the name of the Governmental Entity issuing such license or permit (the “Permits”). Except as set forth on Section 3.12 of the Seller Sellers Disclosure Schedule, such Permits are valid and in full force and effect and are transferable by SellerSellers, and none of the Permits will be terminated or impaired or become terminable as a result of the transactions contemplated hereby. Upon consummation of such transactions, Buyer will have all right, title and interest to all such Permits.

Appears in 1 contract

Samples: Asset Purchase Agreement (Datalogic International Inc)

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