Common use of No Violation or Default: Licenses and Permits Clause in Contracts

No Violation or Default: Licenses and Permits. The Company and its Subsidiaries (a) are in compliance with all Laws, statutes, ordinances, rules, regulations, orders, judgments and decrees of any court or governmental agency or body having jurisdiction over the Company or any of its Subsidiaries or any of their respective properties, and (b) has not received written notice of any alleged material violation of any of the foregoing except, in the case of each of clauses (a) and (b) above, for any such failure to comply, default or violation that would not, individually or in the aggregate, be reasonably expected to have a Material Adverse Effect or as may be the result of the Company’s or any of its Subsidiaries’ Chapter 11 filing or status as a debtor-in-possession under Chapter 11. Subject to the restrictions that result from the Company’s or any of its Subsidiaries’ status as a debtor-in-possession under Chapter 11 (including that in certain instances the Company’s or such Subsidiary’s conduct of its business requires Bankruptcy Court approval), each of the Company and its Subsidiaries holds all material licenses, franchises, permits, certificates of occupancy, consents, registrations, certificates and other governmental and regulatory permits, authorizations and approvals required for the operation of the business as currently conducted by it and for the ownership, lease or operation of its material assets except, in each case, where the failure to possess or make the same would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

No Violation or Default: Licenses and Permits. The Company Except as otherwise set forth in the SEC Filings, each of the Issuer and its Subsidiaries subsidiaries (ai) are is in compliance with all Lawslaws, statutes, ordinances, rules, regulations, orders, judgments and decrees of any court or governmental agency or body having jurisdiction over the Company Issuer or any of its Subsidiaries subsidiaries or any of their respective properties, and (bii) has not received written notice of any alleged material violation of any of the foregoing except, in the case of each of clauses (ai) and (bii) above, for any such failure to comply, default or violation that would not, individually or in the aggregate, be reasonably expected to have a Material Adverse Effect or as may be Effect. Subject to the restrictions that result of solely from the Company’s Issuer or any of its Subsidiaries’ Chapter 11 filing or subsidiary’s status as a debtor-in-possession under Chapter 11. Subject to chapter 11 of the restrictions that result from the Company’s or any of its Subsidiaries’ status as a debtor-in-possession under Chapter 11 Bankruptcy Code (including that in certain instances the Company’s or such Subsidiarysubsidiary’s conduct of its business requires Bankruptcy Court approval), each of the Company Issuer and its Subsidiaries subsidiaries holds all material licenses, franchises, permits, certificates of occupancy, consents, registrations, certificates and other governmental and regulatory permits, authorizations and approvals required for the operation of the business as currently conducted by it and for the ownership, lease or operation of its material assets exceptassets, in each case, except where the failure to possess or make the same would not, individually or in the aggregate, reasonably be expected to have a Material Adverse EffectEffect and is not in violation of its certificate of incorporation, bylaws or other organizational document. Except as otherwise set forth in the SEC Filings, no event has occurred, with the notice or lapse of time or both, that would constitute a default, in the due performance or observation of any term, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Issuer or any of its subsidiaries is a party or by which the Issuer or any of its subsidiaries is subject.

No Violation or Default: Licenses and Permits. The Except as otherwise set forth in the SEC Filings or the December 16th Disclosure Statement, each of the Company and its Subsidiaries subsidiaries (ai) are is in compliance with all Lawslaws, statutes, ordinances, rules, regulations, orders, judgments and decrees of any court or governmental agency or body having jurisdiction over the Company or any of its Subsidiaries subsidiaries or any of their respective properties, and (bii) has not received written notice of any alleged material violation of any of the foregoing except, in the case of each of clauses (ai) and (bii) above, for any such failure to comply, default or violation that would not, individually or in the aggregate, be reasonably expected to have a Material Adverse Effect or as may be Effect. Subject to the restrictions that result of solely from the Company’s Company or any of its Subsidiaries’ Chapter 11 filing or subsidiary’s status as a debtor-in-possession under Chapter 11. Subject to chapter 11 of the restrictions that result from the Company’s or any of its Subsidiaries’ status as a debtor-in-possession under Chapter 11 Bankruptcy Code (including that in certain instances the Company’s or such Subsidiarysubsidiary’s conduct of its business requires Bankruptcy Court approval), each of the Company and its Subsidiaries subsidiaries holds all material licenses, franchises, permits, certificates of occupancy, consents, registrations, certificates and other governmental and regulatory permits, authorizations and approvals required for the operation of the business as currently conducted by it and for the ownership, lease or operation of its material assets exceptassets, in each case, except where the failure to possess or make the same would not, individually or in the aggregate, reasonably be expected to have a Material Adverse EffectEffect and is not in violation of its certificate of incorporation, bylaws or other organizational document.