Licenses; Compliance with Laws, Other Agreements, etc. The Company has all franchises, permits, licenses, and other rights which it currently deems necessary for the conduct of its business [and it knows of no basis for the denial of such rights in the future]. The Company is not in [material] violation of any order or decree of any court, or of the provisions of any contract or agreement to which it is a party or by which it may be bound, or, to its knowledge, of any law, order, or regulation of any governmental authority, and neither this Agreement nor the transactions contemplated hereby will result in any such violation.
Appears in 3 contracts
Samples: Convertible Preferred Stock Purchase Agreement, Stock Purchase Agreement, Convertible Preferred Stock Purchase Agreement
Licenses; Compliance with Laws, Other Agreements, etc. The Company and each of its Subsidiaries has obtained or applied for all franchises, permits, licenses, and other rights which it currently deems necessary for the conduct of its business [and it knows of no basis for the denial of such rights in the future]. The Neither the Company nor its Subsidiaries is not in [material] material violation of any order or decree of any court, or of the provisions of any contract or agreement to which it is a party or by which it may be bound, or, to its knowledge, of any law, order, or regulation of any governmental authority, and neither this Agreement nor the transactions contemplated hereby will result in any such violation.
Appears in 1 contract
Samples: Stock Purchase Agreement (Amnex Inc)
