Licenses; Approvals. All licenses, permits, approvals, concessions or other authorizations material to the conduct of the business of the Borrower have been duly obtained and are in full force and effect, except where the failure of which would not reasonably be expected to have a Material Adverse Effect.
Licenses; Approvals. NewCo obtaining all required licenses and permits from governmental and other agencies to operate the Dealership at the Property, in the same manner as currently operated by Contributor. LMP and Contributor shall have obtained all approvals required by the HSR Act, including clearances and completion of any waiting periods required by the HSR Act.
Licenses; Approvals. Buyer obtained all required licenses and permits from governmental and other agencies to operate a new and used vehicle dealership and repair, body shop and service facility at the Real Property, in the same manner as currently operated by Seller. Buyer and Seller shall have obtained all approvals required by the HSR Act, including clearances and completion of any waiting periods required by the HSR Act.
Licenses; Approvals. Parent and each Parent Subsidiary and, to the knowledge of Parent, each Parent Affiliated Physician Group, as applicable, hold all licenses, permits, certificates of need and other regulatory approvals required or necessary to be applied for or obtained in connection with their business as presently conducted or as proposed to be conducted except where the failure to obtain or hold such license, permit, certificate of need or regulatory approval would not have a Material Adverse Effect on Parent. All such licenses, permits, certificates of need and other regulatory approvals related to the business, operations and facilities of Parent and each Parent Subsidiary and, to the knowledge of Parent, each Parent Affiliated Physician Group are in full force and effect, except where any failure of such license, certificate of need or regulatory approval to be in full force and effect would not have a Material Adverse Effect on Parent. Any and all past litigation concerning such licenses, certificates of need and regulatory approvals, including all claims and causes of action raised therein, has been finally adjudicated. No such license, certificate of need or regulatory approval has been revoked, conditioned (except as may be customary), limited or restricted, and no action (equitable, legal or administrative), arbitration or other process is pending or, to the best knowledge of Parent, threatened which in any way challenges the validity of or seeks to revoke, condition or restrict any such license, permit, certificate of need, or regulatory approval. Where applicable, Parent, the Parent Subsidiaries and, to the knowledge of Parent, the Parent Affiliated Physician Groups have current valid provider contracts with both Medicare and Medicaid. Parent is not aware of any reasons why Parent, the Parent Subsidiaries or any of the Parent Affiliated Physician Groups would be prevented from participating in Medicare and Medicaid.
Licenses; Approvals. Buyer obtained all required licenses and permits from governmental and other agencies to operate a new and used vehicle dealership and repair, and service facility at the Dealership Premises, in the same manner as currently operated by Seller.
Licenses; Approvals. The Company and its subsidiary possess all licenses, certificates, permits and other authorizations required to be issued by all applicable authorities necessary to conduct their businesses, except where the failure to possess such licenses, permits and other authorizations would, individually or in the aggregate, reasonably result in a Material Adverse Change, and neither the Company nor its subsidiary has received any notice of proceedings relating to the revocation or modification of any such certificate, authorization or permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would not reasonably result in a Material Adverse Change.
Licenses; Approvals. Except as set forth on Schedule 3.9 of the Company Disclosure Letter, the Company and each of its subsidiaries, as applicable, possess, and have been and continue to be in compliance with, all governmental licenses, permits, franchises, and other authorizations of any Governmental Authority ("Licenses") that are necessary to the ownership or operation of the Business (as defined in Section 12.17) as currently conducted, and all such Licenses are in full force and effect, except where the failure to possess any License or the failure to be in full force and effect is not reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect. No notice has been given, and no proceeding is pending or, to the Knowledge of the Weatxxxxxxx Xxxities, is threatened seeking the revocation or limitation of any such License that is reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect. No License shall be modified, revoked, or shall lapse as a result of the Merger except where such modification, revocation, or lapse would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.
Licenses; Approvals. Except as set forth in Schedule 4.10 of the Parent Disclosure Letter, Parent and its subsidiaries possess, and have been and continue to be in compliance with, all Licenses that are necessary to the ownership or operation of their business as currently conducted, and all such Licenses are in full force and effect, except where the failure to possess any License or the failure to be in full force and effect is not reasonably expected to have, individually or in the aggregate, a Parent Material Adverse Effect. Except as set forth in Schedule 4.10 of the Parent Disclosure Letter, no notice has been given, and no proceeding is pending or, to the Knowledge of Parent or any of its subsidiaries, threatened seeking the revocation or limitation of any such License that is reasonably expected to have, individually or in the aggregate, a Parent Material Adverse Effect. Except as set forth in Schedule 4.10 of the Parent Disclosure Letter, no License shall be modified, revoked, or shall lapse as a result of the Merger except where such modification, revocation, or lapse would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.
Licenses; Approvals. The Company and the Subsidiary, as applicable, possess all material governmental licenses, permits, franchises, and other authorizations of any Governmental Authority ("Licenses") that are necessary to the ownership or operation of the
Licenses; Approvals. Parent and its subsidiaries possess all Licenses that are necessary to the ownership or operation of their business as currently conducted, and all such Licenses are in full force and effect, except where the failure to possess any License or the failure to be in full force and effect is not reasonably expected to have, individually or in the aggregate, a Parent Material Adverse Effect. No proceeding is pending or, to Parent's Knowledge, threatened seeking the revocation or limitation of any such License that is reasonably expected to have, individually or in the aggregate, a Parent Material Adverse Effect.
