Common use of Licenses, Permits and Franchises Clause in Contracts

Licenses, Permits and Franchises. Maintain, preserve and protect at all times all of its corporate and operational licenses, permits and franchises, and comply with each and all of the terms, conditions and requirements of such licenses, permits and franchises, except to the extent management of the Company determines it is not in the best interest of the Company to do so.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Big Entertainment Inc), Securities Purchase Agreement (Asd Group Inc), Securities Purchase Agreement (Zachariou Peter C)

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Licenses, Permits and Franchises. Maintain, preserve and protect at all times all of its corporate and operational licenses, permits and franchises, franchises and comply with each and all of the terms, conditions and requirements of such licenses, permits and franchises, except to the extent management of the Company determines it is not in the best interest of the Company to do so.

Appears in 1 contract

Samples: Stock Purchase Agreement (Broadcast Com Inc)

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