Licenses and Labor Controversies. (i) The Seller has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business unless such failure could not reasonably be expected to have a Material Adverse Effect.
(ii) There are no labor controversies pending against the Seller that have had (or could be reasonably expected to have) a Material Adverse Effect.
Licenses and Labor Controversies. (a) The Originator has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business, which violation or failure to obtain would be reasonably likely to have a Material Adverse Effect; and
(b) There are no labor controversies pending against the Originator that have had (or are reasonably likely to have) a Material Adverse Effect.
Licenses and Labor Controversies. (i) The Servicer has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business unless such failure could not reasonably be expected to have a Material Adverse Effect.
(ii) There are no labor controversies pending against the Servicer that have had (or could be reasonably expected to have) a Material Adverse Effect.
Licenses and Labor Controversies. Such Originator has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business, which violation or failure to obtain would be reasonably likely to have a Material Adverse Effect; and
Licenses and Labor Controversies. 14 5.17. Compliance with Applicable Laws.................... 14 5.18. Reliance on Separate Legal Identity................ 14 5.19.
Licenses and Labor Controversies. (i) The Seller has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business unless such failure could not reasonably be expected to have an SPV Material Adverse Effect.
(ii) There are no labor controversies pending against the Seller that have had (or could be reasonably expected to have) an SPV Material Adverse Effect.
Licenses and Labor Controversies. The Servicer has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business unless such failure could not reasonably be expected to have a Material Adverse Effect.
Licenses and Labor Controversies. (a) Originator has not failed to obtain any licenses, permits, franchises or other governmental authorizations necessary to the ownership of its properties or to the conduct of its business, which violation or failure to obtain could be reasonably likely to have a Material Adverse Effect or cause a Default of the type described in Section 9.1.9 or Section 9.1.11 of the Secured Credit Agreement; and
(b) There are no labor controversies pending against Originator that have had (or could reasonably be expected to have) a Material Adverse Effect or that have caused (or could reasonably be expected to cause) a Default of the type described in Section 9.1.9 or Section 9.1.11 of the Secured Credit Agreement.
Licenses and Labor Controversies. (a) Each Originator owns or is licensed to use all trademarks, tradenames, copyrights, technology, know-how, patents and processes necessary for the conduct of its business as currently conducted, except for those the failure to own or be licensed to use, would not be reasonably likely to have a Material Adverse Effect; and
(b) Except to the extent that such practices, circumstances, events or questions would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect (1) no Originator is engaged in any unfair labor practice and (2) no significant strike, labor dispute, slowdown or stoppage is pending against an Originator, or to the best knowledge of each Originator, threatened against it.
Licenses and Labor Controversies. 13 5.17. Compliance with Applicable Laws . . . . . . . . . . . . . . . 13 5.18. Reliance on Separate Legal Identity . . . . . . . . . . . . . 13 5.19.
