Permit Transfer Clause Samples

The Permit Transfer clause defines the conditions under which permits, licenses, or regulatory approvals held by one party can be transferred to another party, typically in the context of a business transaction or asset sale. This clause outlines the process for obtaining necessary consents from issuing authorities, specifies any required notifications, and may set timelines or responsibilities for facilitating the transfer. Its core function is to ensure that essential operational permissions remain valid and uninterrupted after a change in ownership or control, thereby preventing regulatory non-compliance or business disruption.
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Permit Transfer. (a) Except for those Permits that are not transferable by Law or are immaterial to the Engagement Agreements, Seller shall use its reasonable efforts to transfer the Permits of Seller to Buyer upon the Closing Date in form and substance the same as the Permits which were held by Seller. Seller shall give and make all required notices and reports to the appropriate Governmental Bodies in connection therewith. (b) Seller shall assist and cooperate with Buyer for six months following the Closing in obtaining the issuance in the name of Buyer of any Permit that is not transferable, and Seller, at Buyer's expense, shall take all actions reasonably requested by Buyer to facilitate that issuance, including the preparation of any permit applications or necessary documents, whether for signature by Seller or by Buyer.
Permit Transfer. When the structures or work authorized by this permit are still in existence at the time the property is transferred, the terms and conditions of this permit will continue to be binding on the new owner(s) of the property. To validate the transfer of this permit and the associated liabilities associated with compliance with its terms and conditions, have the transferee sign and date the enclosed form (Attachment 10).
Permit Transfer. WQCs are transferrable unless specifically prohibited by statute, regulation or another permit condition. Consistent with applicable law, applications for transfer should be submitted prior to actual transfer of ownership. NOTIFICATION OF OTHER PERMITTEE OBLIGATIONS Item A: Permittee Accepts Legal Responsibility and Agrees to Indemnification. Excepting state or federal agencies, the Permittee expressly agrees to indemnify and hold harmless the Department of Environmental Conservation, its representatives, employees and authorized agents, for all claims, suits, action and damages, to the extent attributable to the Permittee’s acts or omissions in connection with the Permittee’s undertaking of activities in connection with, or operation and maintenance of, the facility or facilities authorized by this WQC whether or not in compliance with the terms and conditions of the permit. This indemnification does not extend to any claims, suits, actions, or damages to the extent attributable to the Department’s own negligent or intentional acts or omissions, or to any claims, suits, or actions naming the Department and arising under Article 78 of the New York Civil Practice Laws and Rules, any citizen suit or civil rights provision under federal or state laws, or otherwise under applicable law. Item B: Permittee’s Contractors to Comply with Permit. The Permittee is responsible for informing independent contractors, employees, agents and assigns of their responsibility to comply with this WQC, including all special conditions, while acting as the Permittee’s agent with respect to the permitted activities, and such person shall be subject to the same sanctions for violations of the Environmental Conservation Law as those prescribed for the Permittee. Item C: Permittee Responsible for Obtaining Other Required Permits. The Permittee is responsible for obtaining any other permits, approvals, lands, easements and rights-of-way that may be required to carry out the activities that are authorized by this WQC. Item D: No Right to Trespass or Interfere with Riparian Rights. This WQC does not convey to the Permittee any right to trespass upon the lands or interfere with the riparian rights of others in order to perform the permitted work nor does it authorize the impairment of any rights, title, or interest in real or personal property held or vested in a person not a party to the permit.
Permit Transfer. Any transferable licenses held by Shareholder related to either Target or the business in connection with the Grass License or Grass Assignment shall be transferred to Acquirer after the Second Closing.
Permit Transfer. Subject to the terms and conditions of this Agreement, the parties shall use commercially reasonable efforts to transfer or assign to, or have issued or reissued in the name of, Buyer or the Transferred Subsidiaries all Business Permits and Transferred DERs no later than the Closing, to the extent permitted by applicable Law.
Permit Transfer. (a) Within thirty (30) days after Closing Buyer and Seller shall file any and all necessary applications for approval of transfer of rights pursuant to the Permits or application for successor operator permits with the applicable regulatory authorities (the "Applications"). At the time of transfer of each Permit, Buyer shall post all bonds (or other appropriate collateral of a type satisfactory to the appropriate regulatory authority) necessary to substitute Buyer's bonds for Seller's bonds identified in Schedule 9 ("Bonds") so that Seller may apply and obtain the release of the Bonds. Any and all necessary filing fees for the Applications, the cost of advertising the filing of the Applications and any and all costs payable to any governmental authority in connection with the Applications shall be borne by Buyer; otherwise, each party will bear its own costs and expenses in connection with such transfer of the Permits. Each party hereto shall bear all its bond fees and other costs with respect to the bonds and other security it has posted or may post in connection with the foregoing. (b) Buyer will file with the Applications (or at such later time as may be expressly permitted by Subsection (a) above) bonds or other appropriate collateral of a type satisfactory to the appropriate regulatory authority as surety for the reclamation of the boundaries affected by each Permit, including all areas therein previously affected by the Seller, with good and sufficient surety satisfactory to the regulatory agency. The parties shall take all reasonable steps necessary to ensure that promptly upon approval of the transfer of the Permits or reissuance of the Permits to Buyer by the appropriate regulatory agency or agencies, Seller shall be released and absolved from all liability and obligation under the Permits and all Bonds and all deposits, letters of credit or collateral by Seller posted as security for such Bonds and any cash bonds or letters of credit posted by the Seller directly with the regulatory agency in connection therewith shall be refunded in full and/or returned to Seller. (c) Subject to any required administrative consent or approval and any other requirement of any governmental authority, and upon Buyer's funding of the Bond Escrow under Subsection 6.7(f), Seller, to the extent Seller has a legal right to do so, grants to Buyer the right to engage in mining operations and reclamation activities on the premises permitted under the Permits, subject to th...
Permit Transfer. Wastewater Contribution Permits are issued to a specific Significant Industrial User for a specific operation. A Wastewater Contribution Permit shall not he reassigned or transferred or sold to a new owner, new Industrial User, different premises, or a new or changed operation without (he approval of the Control Authority. Any succeeding Owner or Industrial User shall also comply with the terms ami conditions of the existing permit.
Permit Transfer. 35 Section 6.9 Estoppel Certificates and Non-Disturbance Agreements ..... 35 Section 6.10 Title Insurance and Surveys .............................. 35 Section 6.11
Permit Transfer. The Local Program shall provide to DNR for review and issuance, any construction permit applications for any new or major modifications1 of existing PSD major facilities within Polk County; and any projects that trigger review under the provisions of Section 112(g) of the CAA. The Local Program shall: a. Transfer the construction permit application materials to DNR; and b. Request the facility to complete DNR forms for submittal of an application
Permit Transfer. To permit the Transfer, either with or without reasonable conditions specified by Landlord; or