Common use of Licenses; Approvals Clause in Contracts

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.

Appears in 3 contracts

Samples: Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.), Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.)

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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.

Appears in 1 contract

Samples: Dealership Asset Purchase Agreement (LMP Automotive Holdings, Inc.)

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