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

Possession of Franchises, Licenses, Etc. The Company and each -------------------------------------- of its Subsidiaries possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities, that are necessary for the ownership, maintenance and operation of its properties and assets, except where the failure to be in such compliance would not have a Material Adverse Effect, and the Company and each of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Us Legal Support Inc), Securities Purchase Agreement (Us Legal Support Inc)

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Possession of Franchises, Licenses, Etc. The Company and each -------------------------------------- of its Subsidiaries possesses possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities, free from burdensome restrictions, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation of its their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof, except where the failure to be in such compliance as would not have or reasonably be expected to have a Material Adverse Effect, and the Company and each of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Purchase Agreement (Mexico Strategic Advisors LLC)

Possession of Franchises, Licenses, Etc. The Company Holdings and each -------------------------------------- of its Subsidiaries possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities, that are necessary for the ownership, maintenance and operation of its properties and assets, except where the failure to be in such compliance would not have a Material Adverse Effect, and the Company Holdings and each of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Massic Tool Mold & Die Inc)

Possession of Franchises, Licenses, Etc. The Each of the Company and each -------------------------------------- of its Subsidiaries possesses all material franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities, that are necessary for the ownershipfree from burdensome restrictions, maintenance and operation of its properties and assets, except where the failure of which to be in such compliance would not possess could have a Material Adverse Effect, Effect and neither the Company and each nor any of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Convertible Subordinated Note Purchase Agreement (Consolidated Stainless Inc)

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Possession of Franchises, Licenses, Etc. The Company and each -------------------------------------- of its --------------------------------------- Subsidiaries possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities, that are necessary for the ownership, maintenance and operation of its properties and assets, except where the failure to be in such compliance would not have a Material Adverse Effect, and the Company and each of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Purchase Agreement (Jfax Com Inc)

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