Licences and Permits definition
Examples of Licences and Permits in a sentence
There are no proceedings in progress, pending or, to the knowledge of the Vendor, threatened which may result in revocation, cancellation, suspension, rescission or any adverse modification of any of the Licences and Permits except for such revocation, cancellation, suspension, rescission or adverse modification which would not have a Material Adverse Impact.
Other than as set out in Section 3.1(t) of the Disclosure Letter, to the knowledge of the Vendor, each Licence and Permit is valid, subsisting and in good standing and the Company is in material compliance with all the terms and conditions relating to the Licences and Permits, except for any non-compliance which would not have a Material Adverse Impact.
The Vendor holds, free and clear of any and all Liens except Permitted Liens, all material Licences and Permits.
Schedule 1.1(k)(iii) sets out a complete and accurate list of all Licences and Permits held by or granted to the Seller, and, except for Aboriginal Claims, to the knowledge of the Seller, there are no other Licences and Permits necessary to carry on the Purchased Business or to own or lease any of the Purchased Assets in the same manner as currently carried on by the Seller.
All the Licences and Permits are in full force and effect, the Corporation is not in violation of any term or provision or requirement of any such Licences and Permits, and no Person has threatened to revoke, amend or impose any condition in respect of, or commenced proceedings to revoke, amend or impose conditions in respect of, any Licence or Permit.