Common use of Permits and Other Operating Rights Clause in Contracts

Permits and Other Operating Rights. Except as set forth in Schedule 3.20 of the Disclosure Schedule, Seller does not require the Consent of any Authority to permit it to operate the Business in the manner in which it presently is being operated, and possesses and is in compliance with the requirements of all permits, licenses and other authorizations from all Authorities presently required necessary to permit it to operate the Business in the manner in which it presently is conducted. Each of such permits, licenses and other authorizations is scheduled on Schedule 3.20 of the Disclosure Schedule, and no action is pending to revoke, terminate, modify or restrict any thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Aetrium Inc), Asset Purchase Agreement (Aetrium Inc)

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Permits and Other Operating Rights. Except as set forth in Schedule 3.20 3.19 of the Disclosure Schedule, Seller does not require the Consent of any Authority to permit it to operate the Business in the manner in which it the Division presently is being operated, and possesses and is in compliance with the requirements of all permits, licenses and other authorizations from all Authorities presently required necessary to permit it to operate the Business in the manner in which it presently is conducted. Each of such permits, licenses and other authorizations is scheduled on Schedule 3.20 3.19 of the Disclosure Schedule, and no action is pending to revoke, terminate, modify or restrict any thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aetrium Inc)

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Permits and Other Operating Rights. Except as set forth in Schedule 3.20 of the Disclosure Schedule, Seller does not require the Consent of any Authority to permit it to operate the Business in the manner in which it presently is being operated, and possesses and is in compliance with the requirements of all permits, licenses and other authorizations from all Authorities presently required necessary to permit it to operate the Business in the manner in which it presently is conducted. Each of such permits, licenses and other authorizations is scheduled on Schedule 3.20 of the Disclosure Schedule, and no action is pending to revoke, terminate, modify or restrict any thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aetrium Inc)

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