Final answer:
The statement refers to a legal context in which two or more parties jointly apply for a legal permit, which could be for constructions, environmental regulation, or other authorizations.
Step-by-step explanation:
The phrase 'Permits issued pursuant to joint application of ___ and ___' suggests a legal context where two or more parties are jointly applying for a permit. This could relate to various scenarios, such as businesses applying for construction permits, environmental permits, or any other legal authorization that requires the consent or participation of more than one entity. While the exact subject matter of the permit is not specified in the question, the phrase indicates that a legal process is being followed to obtain a formal permission or authorization from a governing body or regulatory authority.