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

Possession of Franchises, Licenses, Etc. The Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its properties and assets, and the Company is not in violation of any thereof in any material respect.

Appears in 4 contracts

Samples: Loan Agreement (Garcia Ernest C Ii), Loan Agreement (Garcia Ernest C Ii), Loan Agreement (Ugly Duckling Corp)

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Possession of Franchises, Licenses, Etc. The Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses Governmental Entities and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its properties and assets, except for those the absence of which could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and the Company is not in violation of any thereof in any material respectsuch franchise, certificates, licenses, permits, authorizations and rights.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)

Possession of Franchises, Licenses, Etc. The Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses Governmental Entities and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its properties and assets, except for those the absence of which could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and the Company is not in violation of any thereof in any material respectthereof.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)

Possession of Franchises, Licenses, Etc. The To the Company's knowledge, --------------------------------------- the Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and to conduct the businesses now conducted or proposed to be conducted, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pharmos Corp)

Possession of Franchises, Licenses, Etc. The To the Company’s knowledge, the Company possesses possess all material franchises, certificates, licenses, permits permits, registrations, and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictionsGovernmental Authorities, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and for the conduct of its businesses as now conducted, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Unsecured Convertible Promissory Note and Warrant Purchase Agreement (Stratos Renewables CORP)

Possession of Franchises, Licenses, Etc. The To the Company's best knowledge, the Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and to conduct the businesses now conducted or proposed to be conducted, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Unit Purchase Agreement (Pharmos Corp)

Possession of Franchises, Licenses, Etc. The Company possesses all material franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company for the ownership, maintenance and operation of its respective properties and assets, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Series a Convertible Preferred Stock Purchase Agreement (Velocityhsi Inc)

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Possession of Franchises, Licenses, Etc. The Company possesses all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and to conduct the businesses now conducted, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Siga Pharmaceuticals Inc)

Possession of Franchises, Licenses, Etc. The Company possesses and its Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rightsauthorities, free from burdensome restrictions, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and neither the Company nor any of its Subsidiaries is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Dianon Systems Inc)

Possession of Franchises, Licenses, Etc. The To the Company’s Knowledge, the Company possesses possess all material franchises, certificates, licenses, permits permits, registrations, and other authorizations from governmental political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictionsGovernmental Authorities, that are necessary in any material respect for the ownership, maintenance and operation of its their respective properties and assets, and for the conduct of its businesses as now conducted, and the Company is not in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Secured Promissory Note and Warrant Purchase Agreement (EV Transportation, Inc.)

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