Examples of Existing Permits in a sentence
All the Existing Permits are, and as of the Closing will be, in full force and effect.
No action or proceeding is pending or, to the Knowledge of the Company, threatened that is reasonably likely to result in a revocation, non-renewal, termination, suspension or other material impairment of any material Existing Permits of the Company.
No action or proceeding is pending or, to the knowledge of the Company, threatened that is reasonably likely to result in a revocation, non-renewal, termination, suspension or other material impairment of any material Existing Permits.
Except as set forth on Schedule 3.18, the Sellers hold all of the Permits required to own, operate and maintain the Business under any applicable Law as currently conducted or proposed (by Sellers) to be conducted (“Existing Permits”), and all Existing Permits are, and as of immediately prior to the Closing will be, in full force and effect.
Each Existing Permit listed or required to be listed in the Disclosure Schedule is valid and in full force and effect, and such Existing Permits collectively constitute all of the permits, licenses, approvals, qualifications, permissions or authorizations necessary to permit Seller to lawfully conduct and operate the Business in the manner currently conducted and to permit Seller to own and use the Assets in the manner in which it currently owns and uses such assets.