Common use of Permits; Compliance with Applicable Law Clause in Contracts

Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8, the Company and each of its Subsidiaries has all franchises, permits, licenses, authorizations, approvals, registrations and any similar authority ("Permits") required for the conduct of its business as now being conducted by it. The Permits shall include, without limitation, licenses and registrations as appropriate for conduct of the Company's and Subsidiaries' businesses the absence of which would have a Material Adverse Effect. Except as set forth in Schedule 3.8, neither the Company nor any of its Subsidiaries is in violation of, or has defaulted under, any such Permits. All such Permits are in full force and effect, and no violations that are continuing have been recorded in respect of any such Permits. No proceeding is pending or, to the Company's Knowledge, threatened to revoke or limit any such Permit. No Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the Company and each of its Subsidiaries has complied with, is not in violation of, and has not received any written notice alleging any violation with respect to, any Law, except for failures or violations that would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Corrpro Companies Inc /Oh/), Securities Purchase Agreement (Corrpro Companies Inc /Oh/)

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Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8, the Company and each of its Subsidiaries has all franchises, permits, licenses, authorizations, approvals, registrations and any similar authority ("Permits") required for the conduct of its business as now being conducted by it. The Permits shall include, without limitation, licenses and registrations as appropriate for conduct of the Company's ’s and Subsidiaries' businesses the absence of which would have a Material Adverse Effect. Except as set forth in Schedule 3.8, neither the Company nor any of its Subsidiaries is in violation of, or has defaulted under, any such Permits. All such Permits are in full force and effect, and no violations that are continuing have been recorded in respect of any such Permits. No proceeding is pending or, to the Company's ’s Knowledge, threatened to revoke or limit any such Permit. No Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the Company and each of its Subsidiaries has complied with, is not in violation of, and has not received any written notice alleging any violation with respect to, any Law, except for failures or violations that would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Capital Strategies LTD)

Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8Section 3.8 of the Disclosure Schedule, the Company and each of its Subsidiaries Subsidiary has all material franchises, permits, licenses, authorizations, approvals, registrations and any similar authority (the "Permits") required necessary for the conduct of its business as now being conducted by itit and believes it can obtain any similar authority for the conduct of its business as currently planned by the Company and the Subsidiaries to be conducted. The Permits shall include, without limitation, export control-related licenses and registrations and industrial security clearances (facility and personnel clearances) as appropriate for conduct of the Company's and Subsidiaries' businesses the absence of which would have a Material Adverse Effect. Except as set forth in Schedule 3.8, neither Neither the Company nor any of its Subsidiaries Subsidiary is in violation in any material respect of, or has defaulted default in any material respect under, any such Permits. All such Permits are in full force and effect, and to the Company's Knowledge, no violations that are continuing in any material respect have been recorded in respect of any such Permits. No ; no proceeding is pending or, to the Company's Knowledge, threatened to revoke or limit any such Permit. No ; and no such Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the The Company and each of its Subsidiaries has complied with, Subsidiary is not in violation of, and has not received any written notice alleging any violation compliance in all respects with respect to, any Lawall applicable laws, except for failures or violations that where the failure to so comply would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase Agreement (MTM Technologies, Inc.)

Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8Section 3.8 of the Disclosure Schedule, the Company and each of its Subsidiaries Subsidiary has all material franchises, permits, licenses, authorizations, approvals, registrations and any similar authority ("Permits") required necessary for the conduct of its business as now being conducted by itit and believes it can obtain any similar authority for the conduct of its business as currently planned by the Company and the Subsidiaries to be conducted. The Permits shall include, without limitation, export control-related licenses and registrations and industrial security clearances (facility and personnel clearances) as appropriate for conduct of the Company's and Subsidiaries' businesses the absence of which would have a Material Adverse Effect. Except as set forth in Schedule 3.8, neither Neither the Company nor any of its Subsidiaries Subsidiary is in violation in any material respect of, or has defaulted default in any material respect under, any such Permits. All such Permits are in full force and effect, and to the Company's Knowledge, no violations that are continuing in any material respect have been recorded in respect of any such Permits. No ; no proceeding is pending or, to the Company's Knowledge, threatened to revoke or limit any such Permit. No ; and no such Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the The Company and each of its Subsidiaries has complied with, Subsidiary is not in violation of, and has not received any written notice alleging any violation compliance in all respects with respect to, any Lawall applicable laws, except for failures or violations that where the failure to so comply would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Subordinated Note and Series a Convertible Preferred Stock Purchase Agreement (Analex Corp)

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Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8Section 2.8 of the Disclosure Schedule, the Company and each of its Subsidiaries Subsidiary has all material franchises, permits, licenses, authorizations, approvals, registrations and any similar authority ("Permits") required necessary for the conduct of its business as now being conducted by itit and believes it can obtain any similar authority for the conduct of its business as currently planned by the Company and the Subsidiaries to be conducted. The Permits shall include, without limitation, export control-related licenses and registrations and industrial security clearances (facility and personnel clearances) as appropriate for conduct of the Company's ’s and Subsidiaries' businesses the absence of which would have a Material Adverse Effect. Except as set forth in Schedule 3.8, neither Neither the Company nor any of its Subsidiaries Subsidiary is in violation in any material respect of, or has defaulted default in any material respect under, any such Permits. All such Permits are in full force and effect, and to the Company’s Knowledge, no violations that are continuing in any material respect have been recorded in respect of any such Permits. No ; no proceeding is pending or, to the Company's ’s Knowledge, threatened to revoke or limit any such Permit. No ; and no such Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the The Company and each of its Subsidiaries has complied with, Subsidiary is not in violation of, and has not received any written notice alleging any violation compliance in all respects with respect to, any Lawall applicable laws, except for failures or violations that where the failure to so comply would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase Agreement (Micros to Mainframes Inc)

Permits; Compliance with Applicable Law. Except as set forth on Schedule 3.8Section 3.8 of the Disclosure Schedule, the Company and each of its Subsidiaries Subsidiary has all material franchises, permits, licenses, authorizations, approvals, registrations and any similar authority ("Permits") required necessary for the conduct of its business as now being conducted by itit and believes it can obtain any similar authority for the conduct of its business as currently planned by the Company and the Subsidiaries to be conducted. The Permits shall include, without limitation, export control-related licenses and registrations and industrial security clearances (facility and personnel clearances) as appropriate for conduct of the Company's ’s and Subsidiaries' businesses the absence of which would have a Material Adverse EffectEffect with respect to the Company. Except as set forth in Schedule 3.8, neither Neither the Company nor any of its Subsidiaries Subsidiary is in violation in any material respect of, or has defaulted default in any material respect under, any such Permits. All such Permits are in full force and effect, and to the Company’s Knowledge, no violations that are continuing in any material respect have been recorded in respect of any such Permits. No ; no proceeding is pending or, to the Company's ’s Knowledge, threatened to revoke or limit any such Permit. No ; and no such Permit will be suspended, cancelled or adversely modified as a result of the execution and delivery of this Agreement and each of the other Transaction Documents. Except as set forth on Schedule 3.8, the The Company and each of its Subsidiaries has complied with, Subsidiary is not in violation of, and has not received any written notice alleging any violation compliance in all respects with respect to, any Lawall applicable Laws, except for failures or violations that where the failure to so comply would not have a Material Adverse EffectEffect with respect to the Company.

Appears in 1 contract

Samples: Purchase Agreement (Analex Corp)

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