Common use of Licenses, Compliance with Law, Other Agreements, Etc Clause in Contracts

Licenses, Compliance with Law, Other Agreements, Etc. Each of the Company and its Subsidiaries has all material franchises, permits, licenses and other rights to allow it to conduct its business and is not in violation, in any material respects of any order or decree of any court, or of any law, order or regulation of any Governmental Agency, or of the provisions of any contract or agreement to which it is a party or by which it is bound, and neither this Agreement nor the Related Documents nor the transactions contemplated hereby or thereby will result in any such violation. Each of the Company's and its Subsidiary's business has been conducted in compliance with all federal, state and local laws, ordinances, rules and regulations, in all material respects. To the knowledge of the Company, conditions or events of non-compliance with respect to the Company's licensees that would have a Material Adverse Effect on the Company or its contractual relationships with its licensees.

Appears in 3 contracts

Samples: Securities Purchase Agreement (E Automate Corp/De), Securities Purchase Agreement (E Automate Corp/De), Securities Purchase Agreement (First Scientific Inc)

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Licenses, Compliance with Law, Other Agreements, Etc. Each of the Company and its Subsidiaries has all material franchises, permits, licenses and other rights to allow it to conduct its business and is not in violation, violation in any material respects of any order or decree of any court, or of any law, order or regulation of any Governmental Agencygovernmental authority, or of the provisions of any 13 18 material contract or agreement to which it is a party or by which it is bound, and neither this Agreement nor the Related Documents nor the transactions contemplated hereby or thereby will result in any such violation. Each of The Company's and the Company's and its Subsidiary's business has Subsidiaries' respective businesses have been conducted in all material respects in compliance with all federal, state and local laws, ordinances, rules and regulations, in all material respects. To the knowledge of the Companyexcept where such violations, conditions defaults or events of non-compliance with respect to the Company's licensees that noncompliance would not have a Material Adverse Effect on the Company or its contractual relationships with its licenseesEffect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Centurion Wireless Technologies Inc)

Licenses, Compliance with Law, Other Agreements, Etc. Each of the Company and its Subsidiaries has all material franchises, permits, licenses and other rights to allow it to conduct its business and is not in violation, in any material respects of any order or decree of any court, or of any law, order or regulation of any Governmental Agency, or of the provisions of any contract or agreement to which it is a party or by which it is bound, and neither this Agreement nor the Related Documents nor the transactions contemplated hereby or thereby will result in any such violation. Each of the Company's and its Subsidiary's business has been conducted in compliance with all federal, state and local laws, ordinances, rules and regulations, in all material respects. To the knowledge of the Company, conditions or events of non-compliance with respect to the Company's licensees that would have a Material Adverse Effect on the Company or its contractual relationships with its licensees.. 9 13

Appears in 1 contract

Samples: Securities Purchase Agreement (Flexpoint Sensor Systems Inc)

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Licenses, Compliance with Law, Other Agreements, Etc. Each of the The Company and its Subsidiaries has each Subsidiary have all material franchises, permits, licenses and other rights to allow it to conduct its business and is not in violation, violation in any material respects of any order or decree of any court, or of any law, order or regulation of any Governmental Agency, or of the provisions of any contract or agreement to which it is a party or by which it is bound, and neither this Agreement nor the Related Documents nor the transactions contemplated hereby or thereby will result in any such violation. Each of the Company's The Company and its each Subsidiary's business has businesses have been conducted in material compliance with all applicable federal, state and local laws, ordinances, rules and regulations, in all material respects. To the knowledge of the Company, conditions or events of non-compliance with respect to the Company's licensees that would have a Material Adverse Effect on the Company or its contractual relationships with its licensees.

Appears in 1 contract

Samples: Preferred Stock and Subordinated Note Purchase Agreement (Midwest Mezzanine Fund Ii Lp)

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