Common use of Licenses and Labor Controversies Clause in Contracts

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.

Appears in 10 contracts

Samples: Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.)

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Licenses and Labor Controversies. (i) The Seller has not failed to obtain any material 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.business; and (ii) There are no labor controversies pending against the Seller that have had (or could be are reasonably expected likely to have) a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CHS Inc)

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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 business, which violation or failure could not to obtain would be reasonably be expected likely to have a Material Adverse Effect.; (ii) There are no labor controversies pending against the Seller that have had (or could be are reasonably expected likely to have) a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Amphenol Corp /De/)

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