Common use of Licenses and Other Rights; Compliance with Laws Clause in Contracts

Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not have a Material Adverse Effect. The Company has not taken any action that would interfere with the Company’s ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not have a Material Adverse Effect. The Company is and has been in compliance with all Laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does not and would not have a Material Adverse Effect.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Alnylam Pharmaceuticals, Inc.), Stock Purchase Agreement (Intellia Therapeutics, Inc.), Stock Purchase Agreement (Alnylam Pharmaceuticals, Inc.)

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Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not have a Material Adverse Effect. The Company has not taken any action that would interfere with the Company’s ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not have a Material Adverse Effect. The Company is and has been in compliance with all Laws laws and governmental rules and regulations applicable to its business, properties and assets, and to the products and services sold by it, including, without limitation, all such rules, laws and regulations relating to fair employment practices, occupational safety and health and public safety, except where the failure to be in compliance does not and would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Regeneron Pharmaceuticals Inc)

Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not have a Material Adverse Effect. The Company To the Company’s knowledge, it has not taken any action that would interfere with the Company’s ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not have a Material Adverse Effect. The Company is and has been in compliance with all Laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does not and would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Share Purchase Agreement (ProQR Therapeutics N.V.), Stock Purchase Agreement (Regeneron Pharmaceuticals Inc)

Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not reasonably be expected to have a Material Adverse Effect. The Company has not taken any action that would interfere with the Company’s its ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not have reasonably be expected to have, a Material Adverse Effect. The Company is and has been in compliance with all Laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does has not had and would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Collaboration and License Agreement (Ionis Pharmaceuticals Inc)

Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the lack of which or the failure to be in compliance does not and thereunder would not reasonably be expected to have a Material Adverse Effect. The To the Company’s knowledge, the Company has not taken any action that would interfere with the Company’s its ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not reasonably be expected to have a Material Adverse Effect. The Company is and has been in compliance with all Laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does not and would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sage Therapeutics, Inc.)

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Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not have a Material Adverse Effect. The Company has not taken any action that would interfere with the Company’s ability to renew all such Permit(s)permits, except where the failure to renew such Permit(s) permits would not have a Material Adverse Effect. The Company is and has been in compliance with all Laws laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does not have, and would not have reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Applied Genetic Technologies Corp)

Licenses and Other Rights; Compliance with Laws. The Company has all franchises, permits, licenses and other rights and privileges (“Permits”) necessary to permit it to own its properties and to conduct its business as presently conducted and is in compliance thereunder, except where the failure to be in compliance does not and would not reasonably be expected to have a Material Adverse Effect. The To the Company’s knowledge, the Company has not taken any action that would interfere with the Company’s its ability to renew all such Permit(s), except where the failure to renew such Permit(s) would not reasonably be expected to have a Material Adverse Effect. The Company is and has been in compliance with all Laws laws applicable to its business, properties and assets, and to the products and services sold by it, except where the failure to be in compliance does has not had and would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Denali Therapeutics Inc.)

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