Common use of Licenses; Permits Clause in Contracts

Licenses; Permits. The Contributors hold all licenses, permits and authorizations (other than environmental permits, which are the subject of Section 3.9) that are necessary for the conduct of the Business and the ownership and current operation of the Assets, each in compliance with applicable law and regulation of Governmental Authorities, except for those the failure of which to have, individually or in the aggregate, does not have a Material Adverse Effect. The Contributors have complied in all material respects with all terms and conditions thereof.

Appears in 11 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Archrock Partners, L.P.), Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Exterran Holdings Inc.)

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