Common use of Operating Rights Clause in Contracts

Operating Rights. To the knowledge of the Company, the Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted and, except as set forth in the Schedule of Exceptions, as proposed to be conducted. To the knowledge of the Company, such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or threatened that could result in the revocation or limitation of any of such Licenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.

Operating Rights. To the knowledge of the Company, the The Company has all operating authority, licenses, franchises, permits, certificates, consents, rights and privileges (collectively collectively, "Licenses") as are necessary or appropriate to the operation of its business as now conducted and, except as set forth in the Schedule of Exceptions, as proposed to be conducted. To the knowledge Section 4.14 of the Company, such Disclosure Schedule contains copies of the Licenses. Such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or threatened threatened, or to the Knowledge of the Company and the Shareholders any Basis therefore, that could result in the revocation or limitation of any of such Licenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.

Operating Rights. To the knowledge of the Company, the The Company has all operating authority, ---------------- licenses, franchises, permits, certificates, consents, rights and privileges (collectively "Licenses") as are necessary or appropriate to the operation of its business as now conducted andand as proposed to be conducted, except where the failure to have such License would not have a material adverse effect on its business as set forth in the Schedule of Exceptions, now conducted and as proposed to be conducted. To the knowledge of the Company, such Such Licenses are in full force and effect, no violations have been or are expected to have been recorded in respect of any such Licenses, and no proceeding is pending or or, to the knowledge of the Company, threatened that could result in the revocation or limitation of any of such Licenses. The Company has conducted its business so as to comply in all material respects with all such Licenses.