Permissions. Borrower has all requisite permissions, licenses, registrations and permits required to conduct its business under the laws of the United States as well as the laws of any state or any foreign country in which it conducts business. The foregoing constitute all of the authorizations required by any Person for the operation of Borrower's business in the same manner as presently conducted, and as proposed to be conducted or conducted from and after the date hereof. All of the foregoing have been validly issued and are in full force and effect. To the best of the knowledge and belief of Borrower, after due investigation, no event has occurred which permits, or after notice or lapse of time, or both, would permit, revocation or termination of any of the foregoing or which materially and adversely affects, or in the future may (so far as Borrower can now reasonably foresee) materially and adversely affect, the rights of Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Big Buck Brewery & Steakhouse Inc), Loan and Security Agreement (Inmold Inc), Loan Agreement (Big Buck Brewery & Steakhouse Inc)
Permissions. Borrower has all requisite permissions, licenses, registrations and permits required to conduct its business under the laws of the United States as well as the laws of any state or any foreign country in which it conducts business. The foregoing constitute all of the authorizations required by any Person for the operation of Borrower's ’s business in the same manner as presently conducted, and as proposed to be conducted or conducted from and after the date hereof. All of the foregoing have been validly issued and are in full force and effect. To the best of the knowledge and belief of Borrower, after due investigation, no event has occurred which permits, or after notice or lapse of time, or both, would permit, revocation or termination of any of the foregoing or which materially and adversely affects, or in the future may (so far as Borrower can now reasonably foresee) materially and adversely affect, the rights of Borrower, the Collateral or the operation of Borrower’s business.
Appears in 2 contracts
Samples: Loan Agreement (Boxlight Corp), Loan Agreement (Boxlight Corp)
Permissions. Borrower has all requisite requisite, material permissions, licensesLicenses, registrations and permits required to conduct its business under the laws of the United States States, as well as the laws of any state or any foreign country in which it conducts business. The foregoing constitute all of the material authorizations required by any Person for the operation of the Borrower's ’s business in the same manner as presently conducted, and as proposed to be conducted or conducted from and after the date hereof. All of the foregoing have been validly issued and are in full force and effect. To the best of the knowledge and belief of the Borrower, after due investigation, no event has occurred which permits, or after notice or lapse of time, or both, would permit, revocation or termination of any of the foregoing or which materially and adversely affectshas had a Material Adverse Effect, or in the future may (so far as the Borrower can now reasonably foresee) materially and adversely affecthave a Material Adverse Effect, on the rights of the Borrower.
Appears in 2 contracts
Samples: Loan and Financing Agreement (Universal Logistics Holdings, Inc.), Loan and Financing Agreement (Universal Truckload Services, Inc.)
Permissions. Borrower has all requisite requisite, material permissions, licensesLicenses, registrations and permits required to conduct its business under the laws of the United States States, as well as the laws of any state or any foreign country in which it conducts business. The foregoing constitute all of the material authorizations required by any Person for the operation of the Borrower's business in the same manner as presently conducted, and as proposed to be conducted or conducted from and after the date hereof. All of the foregoing have been validly issued and are in full force and effect. To the best of the knowledge and belief of the Borrower, after due investigation, no event has occurred which permits, or after notice or lapse of time, or both, would permit, revocation or termination of any of the foregoing or which materially and adversely affectshas had a Material Adverse Effect, or in the future may (so far as the Borrower can now reasonably foresee) materially and adversely affecthave a Material Adverse Effect, on the rights of the Borrower.
Appears in 2 contracts
Samples: Loan and Financing Agreement (Universal Logistics Holdings, Inc.), Loan and Financing Agreement (Universal Logistics Holdings, Inc.)
Permissions. Borrower has all requisite permissions, licenses, registrations and permits required to conduct its business under the laws of the United States States, as well as the laws of any state or any foreign country in which it conducts business. The foregoing constitute all of the authorizations required by any Person for the operation of the Borrower's ’s business in the same manner as presently conducted, and as proposed to be conducted or conducted from and after the date hereof. All of the foregoing have been validly issued and are in full force and effect. To the best of the knowledge and belief of the Borrower, after due investigation, no event has occurred which permits, or after notice or lapse of time, or both, would permit, revocation or termination of any of the foregoing or which materially and adversely affects, or in the future may (so far as the Borrower can now reasonably foresee) materially and adversely affect, the rights of the Borrower.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (LINC Logistics Co)