Common use of Permits and Legal Compliance Clause in Contracts

Permits and Legal Compliance. The Company has all permits, licenses, orders, qualifications, and approvals of all governmental and regulatory authorities material to the conduct of their business, a correct and complete list of which is set forth in Schedule 2.2(i). All such permits, licenses, orders and approvals are in full force and effect, and no suspension or cancellation of any of them is pending or threatened. None of such permits, licenses, orders or approvals, and no application for any of such permits, licenses, orders or approvals, will be adversely affected by the consummation of the transactions contemplated by this Agreement. To the best of the Shareholders’ and Company’s knowledge, information and belief, the Company has complied with all Applicable Laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof), and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against the Company alleging any failure so to comply.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp), Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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Permits and Legal Compliance. The Company has all permits, licenses, orders, qualifications, and approvals of all governmental and regulatory authorities material to the conduct of their business, a correct and complete list of which is set forth in Schedule 2.2(i). All such permits, licenses, orders and approvals are in full force and effect, and no suspension or cancellation of any of them is pending or threatened. None of such permits, licenses, orders or approvals, and no application for any of such permits, licenses, orders or approvals, will be adversely affected by the consummation of the transactions contemplated by this Agreement. To the best of the Shareholders' and Company’s 's knowledge, information and beliefbelief after due inquiry, the Company has complied with all Applicable Laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof), and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against the Company alleging any failure so to comply.

Appears in 2 contracts

Samples: Employee Shareholders Stock Purchase and Sale Agreement (Omni Energy Services Corp), Non Employee Shareholders Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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Permits and Legal Compliance. The Company has all permits, licenses, orders, qualifications, and approvals of all governmental and regulatory authorities material to the conduct of their its business, a correct and complete list of which is set forth in Schedule 2.2(i). All such permits, licenses, orders and approvals are in full force and effect, and no suspension or cancellation of any of them is pending or threatened. None of such permits, licenses, orders or approvals, and no application for any of such permits, licenses, orders or approvals, will be adversely affected by the consummation of the transactions contemplated by this Agreement. To the best of the Shareholders’ and Company’s knowledge, information and belief, the Company has complied with all Applicable Laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof), and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has have been tendered, submitted, filed or commenced against the Company alleging any failure so to comply.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp)

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