Common use of Permits and Other Operating Rights Clause in Contracts

Permits and Other Operating Rights. The Buyer has received the ---------------------------------- consent of all third persons required to permit each it to operate its business in the manner in which it presently is being conducted, and possesses all necessary permits and other authorizations from third persons, including without limitation, federal, foreign, state, and local governmental authorities, presently required by applicable provisions of law, including statutes, regulations, and existing judicial decisions, and by the property and contract rights of third persons, the absence of which would have a material adverse effect upon the business or properties of the Buyer.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Knickerbocker L L Co Inc), Agreement of Purchase and Sale (Knickerbocker L L Co Inc)

AutoNDA by SimpleDocs

Permits and Other Operating Rights. The Buyer has received the ---------------------------------- consent of all third persons required to permit each it to operate its business in the manner in which it presently is being conducted, and possesses all necessary permits and other authorizations from third persons, including without limitation, federal, foreign, state, and local governmental authorities, presently required by applicable provisions of law, including statutes, regulations, and existing judicial decisions, and by the property and contract rights of third persons, the absence of which would have a material adverse effect upon the business or properties of the Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ontro Inc)

AutoNDA by SimpleDocs

Permits and Other Operating Rights. The Buyer has received the ---------------------------------- consent of all third persons required to permit each it to operate its business in the manner in which it presently is being conducted, and Purchaser possesses all necessary material permits and other authorizations from third persons, including including, without limitation, federal, foreign, state, state and local governmental or regulatory authorities, presently required by applicable provisions of law, including statutes, regulations, regulations and existing judicial decisions, and by the property and contract rights of third persons, necessary to permit Purchaser to operate its business in the absence of manner in which would have a material adverse effect upon the business or properties of the Buyerit presently is being conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (DecisionPoint Systems, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!