LICENSING AND PERMITS. The Company holds all necessary licenses and permits for the conduct of its business. All of such licenses and permits are in good standing and the Company is not in material default of any of the conditions thereof.
Appears in 6 contracts
Samples: Private Equity Line of Credit Agreement (Integrated Surgical Systems Inc), Private Equity Line of Credit Agreement (Geotec Thermal Generators Inc), Private Equity Line of Credit Agreement (Milestone Scientific Inc/Nj)
LICENSING AND PERMITS. The Company holds all necessary ----------------------- licenses and permits for the conduct of its business. All of such licenses and permits are in good standing and the Company is not in material default of any of the conditions thereof.
Appears in 5 contracts
Samples: Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc), Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc), Private Equity Line of Credit Agreement (Worldwide Wireless Networks Inc)
LICENSING AND PERMITS. The Company holds all necessary licenses and permits for the conduct of its business, including licenses with the FDA. All of such licenses and permits are in good standing and the Company is not in material default of any of the conditions thereof.
Appears in 3 contracts
Samples: Private Equity Line of Credit Agreement (Paradigm Medical Industries Inc), Private Equity Line of Credit Agreement (Paradigm Medical Industries Inc), Private Equity Line of Credit Agreement (Paradigm Medical Industries Inc)
LICENSING AND PERMITS. The Company holds all necessary and material licenses and permits for the conduct of its business. All of such licenses and permits are in good standing and the Company is not in material default of any of the conditions thereof.
Appears in 1 contract
Samples: Private Equity Line of Credit Agreement (Planet Polymer Technologies Inc)
