Seller has all required Authorizations necessary to conduct its business as currently conducted or proposed to be conducted. Seller Disclosure Schedules list Seller's Authorizations and include true, correct, and complete copies thereof. All Authorizations relating to the business of Seller are in full force and effect, no violations have been made in respect thereof, and no proceeding is pending or threatened that could have the effect of revoking or limiting any such Authorizations, and the Authorizations will not cease to remain in full force and effect by reason of the transactions contemplated by this APA.