Common use of Registration, Exemption Orders, Licenses, etc Clause in Contracts

Registration, Exemption Orders, Licenses, etc. To the knowledge of Pengrowth, Pengrowth has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) from any Governmental Authority necessary in connection with its business as it is now being or proposed to be conducted (collectively, the “Governmental Authorizations”), except where the failure to obtain or be in compliance would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth. No proceedings are pending or, to the knowledge of Pengrowth, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth.

Registration, Exemption Orders, Licenses, etc. To the knowledge of PengrowthBaytex, Pengrowth each member of the Baytex Group has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) from any Governmental Authority (collectively, the "Governmental Authorizations") necessary in connection with its business as it is now being being, or proposed to be conducted (collectivelybe, the “Governmental Authorizations”)conducted, except where the failure to obtain or be in compliance would could not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowththe Baytex Group (taken as a whole). Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowththe Baytex Group (taken as a whole). No proceedings are pending or, to the knowledge of PengrowthBaytex, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowththe Baytex Group (taken as a whole).

Registration, Exemption Orders, Licenses, etc. To the knowledge of Pengrowth, Pengrowth has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) from any Governmental Authority necessary in connection with its business as it is now being or proposed to be conducted (collectively, the “Governmental Authorizations”), except where the failure to obtain or be in compliance would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth. No proceedings are pending or, to the knowledge of Pengrowth, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on Pengrowth.. (t)

Registration, Exemption Orders, Licenses, etc. To the knowledge of PengrowthPetrus has obtained, Pengrowth has obtained and is in compliance with all with, all‌ licenses, permitsPermits, certificates, consents, orders, grants, registrations, recognition orders, exemption relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) from any Governmental Authority necessary in connection with its business as it is now now, individually or in the aggregate, being or proposed to be conducted (collectively, for the “purposes of this section the "Governmental Authorizations”"), except where the failure to obtain or be in compliance would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPetrus. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPetrus. No such Governmental Authorizations will be impaired or otherwise adversely affected by the entering into of this Agreement or the consummation of the Arrangement. No proceedings are pending or, to the knowledge of PengrowthPetrus, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPetrus.

Registration, Exemption Orders, Licenses, etc. To the knowledge of Pengrowth, Pengrowth Purchaser has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) of or from any Governmental Authority necessary in connection with the conduct of its business as it is now now, individually or in the aggregate, being or proposed to be conducted (collectively, the “Governmental Authorizations”), except where the failure to obtain or be in compliance would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPurchaser. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPurchaser. No proceedings are pending or, to the knowledge of PengrowthPurchaser, threatened, which could result in the revocation or limitation of any such Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on Pengrowth.Purchaser;

Registration, Exemption Orders, Licenses, etc. To the knowledge of Pengrowth, Pengrowth Purchaser has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption exemptive relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) of or from any Governmental Authority necessary in connection with the conduct of its business as it is now now, individually or in the aggregate, being or proposed to be conducted (collectively, the “"Governmental Authorizations”"), except where the failure to obtain or be in compliance would could not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPurchaser. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPurchaser. No proceedings are pending or, to the knowledge of PengrowthPurchaser, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthPurchaser.

Registration, Exemption Orders, Licenses, etc. To the knowledge of Pengrowth, Pengrowth QAT has obtained and is in compliance with all licenses, permits, certificates, consents, orders, grants, registrations, recognition orders, exemption exemptive relief orders, no-action relief and other authorizations (including in connection with Environmental Laws) of or from any Governmental Authority necessary in connection with the conduct of its business as it is now now, individually or in the aggregate, being or proposed to be conducted (collectively, the “"Governmental Authorizations”"), except where the failure to obtain or be in compliance would could not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthQAT. Such Governmental Authorizations are in full force and effect in accordance with their terms, and no event has occurred or circumstance exists that (with or without notice or lapse of time) may constitute or result in a violation of any such Governmental Authorization, except where the violation would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthQAT. No proceedings are pending or, to the knowledge of PengrowthQAT, threatened, which could result in the revocation or limitation of any Governmental Authorization, and all steps have been taken and filings made on a timely basis with respect to each Governmental Authorization and its renewal, except where the failure to take such steps and make such filings would not, individually or in the aggregate, reasonably be expected to have a material adverse effect Material Adverse Effect on PengrowthQAT.