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: Escrow Agreement (Integrated Surgical Systems Inc), Credit Agreement (Milestone Scientific Inc/Nj), Credit Agreement (Infinite Group Inc)
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: Credit Agreement (Worldwide Wireless Networks Inc), Credit Agreement (Worldwide Wireless Networks Inc), 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: Credit Agreement (Paradigm Medical Industries Inc), Private Equity Line of Credit Agreement (Paradigm Medical Industries Inc), 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
