Since March 1, 2015, the Seller Entities hold all Permits and are, in all material respects, in compliance with all such Permits required for the conduct of the Business and the ownership of their properties. [Schedule 4.11(a)] sets forth a list of all such Permits held by the Seller Entities. To the Knowledge of Sellers, no Notices have been received by any Target Entity alleging the failure to hold, or comply with the terms of, any Permit held by any Target Entity. All Permits are in full force and effect.
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