Common use of Licenses and Governmental Requirements Clause in Contracts

Licenses and Governmental Requirements. Neither Borrower nor any Guarantor (i) is in violation in any material respect of any Governmental Permits or Governmental Requirements (including all Hazardous Substance Laws) to which it is subject; or (ii) has failed to obtain any Governmental Permits necessary for the ownership of its properties or the conduct of its business.

Licenses and Governmental Requirements. Neither Borrower nor any Subsidiary Guarantor (i) is in violation in any material respect of any Governmental Permits or Governmental Requirements (including all Hazardous Substance Laws) to which it is subject; or (ii) has failed to obtain any Governmental Permits necessary for the ownership of its properties or the conduct of its business.

Licenses and Governmental Requirements. Neither Borrower nor any Guarantor (i) is in violation in any material respect of any Governmental Permits or Governmental Requirements (including all Hazardous Substance Laws) to which it is subject; or (ii) has failed to obtain any Governmental Permits necessary for the ownership of its properties or the conduct of its businessbusiness except where the failure to do so would not have a material adverse effect on Borrower's financial condition or results of operations.

Licenses and Governmental Requirements. Neither Borrower nor any Guarantor (i) is in violation in any material respect of any Governmental Permits or Governmental Requirements (including all Hazardous Substance Laws) to which it is subject; or (ii) has failed to obtain any Governmental Permits necessary for the ownership of its properties or the conduct of its business.