Licenses, Permits and Authorizations. Set forth on Schedule 3.16 attached hereto, except with respect to licenses, approvals, consents, registrations and permits required under applicable Environmental Laws (as to which certain representations and warranties are made pursuant to Section 3.19), is a true and correct list of all Permits (“Company Permits”) necessary under applicable Laws to permit Company and its Subsidiaries to own, operate, use and maintain their respective assets in the manner in which they are now owned, operated, used and maintained and to conduct the Business as currently conducted, other than Permits the absence of which would not be material. A true and complete copy of each Company Permit, to the extent in Seller’s, Company’s or any of its Subsidiary’s possession or control, has been provided to Acquiror. Company or one of its Subsidiaries holds each Company Permit. Each Company Permit is valid, binding and in full force and effect. Since September 1, 2010, neither Company nor any of its Subsidiaries has received written notice that it is in default (or with the giving on notice or lapse of time or both, would be in default) under any such Company Permit.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Pinafore Holdings B.V.), Stock Purchase Agreement (Gates Global Inc.), Stock Purchase Agreement (Pinafore Holdings B.V.)
