Examples of Target Permits in a sentence
Target and its subsidiaries are in compliance in all material respects with the terms of the Target Permits.
Target and the Target Subsidiaries are in compliance with the terms of Target Permits, except where the failure to so comply, individually or in the aggregate, would not reasonably be expected to have a Target Material Adverse Effect.
The Sellers have disclosed true, complete and accurate copies of the Target Permits and any correspondence with a Governmental Body relating to the discharge of conditions under any Target Permit.
Full, complete and accurate copies of all reports, assessments, surveys, inspections, audits, investigations, plans and drawings which have been prepared or submitted as part of or supporting an application for the Target Permits or relating to the Target Permits and the Buyer will have all rights necessary to copy, use and rely on any such report, assessment, survey, inspection, audit, investigation, plan or drawing for any purposes in relation to each Project.
No claim, action or proceeding (including without prejudice to the generality, any judicial or statutory review) has been asserted or, to the Knowledge of the Sellers, threatened in respect of the Target Permits and to the Knowledge of the Sellers there are no facts, matters or circumstances which could give rise to such proceedings.
Each of the Target and its Subsidiaries is in compliance in all material respects with the terms of the Target Permits.
The Target and its Subsidiaries are in compliance with the terms of the Target Permits, except as described in the Public Reports filed prior to the date hereof or where the failure to so comply, in the aggregate, would not have, or reasonably be expected to have, a Target Material Adverse Effect.
All of the Target Permits are in full force and effect and no action or claim is pending nor, to the knowledge of Target, is threatened to revoke or terminate any Target Permit or declare any Target Permit invalid in any material respect.
Target and its Subsidiaries have obtained and hold all permits, licenses, variances, exemptions, orders, franchises, approvals and authorizations of all governmental authorities necessary for the lawful conduct of its business and the lawful ownership, use and operation of its assets (the “Target Permits”), except for Target Permits which the failure to obtain or hold would not, individually or in the aggregate, have a Material Adverse Effect.
All material Target Permits are listed in Section 4.6(b) of the Target Disclosure Schedule.