Common use of Material Permits Clause in Contracts

Material Permits. The Company and the Subsidiaries possess all Material Permits, except where the failure to possess such permits could not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect, and neither the Company nor any Subsidiary has received any notice of any Action relating to the revocation or modification of any Material Permit.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Daegis Inc.), Securities Purchase Agreement (Daegis Inc.), Securities Purchase Agreement (Unify Corp)

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Material Permits. The Company and the Subsidiaries possess each Subsidiary possesses all Material Permits, Permits except where the failure to possess such permits could not, individually or in the aggregate, would not have or reasonably be expected to have result in a Material Adverse Effect, Effect and neither the Company nor any Subsidiary has received any written notice of any Action Actions relating to the revocation or material modification of any Material Permit.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carrizo Oil & Gas Inc)

Material Permits. The Company and the Subsidiaries possess all Material PermitsPermits certificates, except where the failure to possess such permits could not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect, and neither the Company nor any Subsidiary has received any notice of any Action relating to the revocation or modification of any Material Permit.

Appears in 1 contract

Samples: Securities Purchase Agreement (InfoSearch Media, Inc.)

Material Permits. The Company and the Subsidiaries each Subsidiary possess all Material Permits, Permits except where the failure to possess such permits could not, individually or in the aggregate, would not have or reasonably be expected to have result in a Material Adverse Effect, Effect and neither the Company nor any Subsidiary has received any notice of any Action Actions relating to the revocation or modification of any Material Permit.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sumtotal Systems Inc)

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Material Permits. The Company and the Subsidiaries possess all Material Permits, except where the failure to possess such permits could not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect, and neither the Company nor any Subsidiary has received any notice of any Action relating to the revocation or modification of any Material Permit.

Appears in 1 contract

Samples: Common Share Purchase and Revenue Share Agreement (Resource Holdings, Inc.)

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