Common use of Possession of Franchises, Licences, Etc Clause in Contracts

Possession of Franchises, Licences, Etc. The Company: (a) possesses all material franchises, certificates, licenses, permits and other authorizations (collectively, the “Licences”) from governmental authorities, political subdivisions or regulatory authorities that are necessary for the ownership, maintenance and operation of its business in the manner presently conducted; (b) are not in violation of any provisions thereof; and (c) have maintained and amended, as necessary, all Licenses and duly completed all filings and notifications in connection therewith.

Appears in 5 contracts

Samples: Investment Agreement (Torrent Energy Corp), Investment Agreement (Ariel Way Inc), Investment Agreement (Transax International LTD)

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Possession of Franchises, Licences, Etc. The Company: (a) possesses all material franchises, certificates, licenses, permits and other authorizations (collectively, the "Licences") from governmental authorities, political subdivisions or regulatory authorities that are necessary for the ownership, maintenance and operation of its business in the manner presently conducted; (b) are not in violation of any provisions thereof; and (c) have maintained and amended, as necessary, all Licenses and duly completed all filings and notifications in connection therewith.

Appears in 1 contract

Samples: Investment Agreement (Medical Staffing Solutions Inc)

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