Compliance with Applicable Law; Permits. Except as has not had or would not have a Company Material Adverse Effect, (a) the Company and its subsidiaries possess all permits, licenses, variances, exemptions, orders, approvals and authorizations of all Governmental Entities and all consents and waivers of any other persons (other than Governmental Entities) necessary for the Company and its subsidiaries to own, lease or otherwise hold the assets of the Business and to carry on the Business as currently conducted and (b) the Business is being conducted in compliance with all laws, regulations and ordinances of all Governmental Entities including (i) laws regarding the provision of insurance, third party administration services and primary health care services, (ii) the Prescription Drug Marketing Act, the Federal Controlled Substances Act of 1970, the Food, Drug and Cosmetic Act and any applicable state Pharmacy Practice Acts, Controlled Substances Acts, Dangerous Drug Acts and Food, Drug and Cosmetic Acts and (iii) laws regarding the provision of goods and services under Medicare or Medicaid or other programs administered by Governmental Entities. This Section 2.7 does not relate to matters with respect to (x) environmental matters, which are the subject of Section 2.8, (y) benefits and employment matters, which are the subject of Section 2.10 and (z) Taxes, which are the subject of Section 2.11.
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Samples: Stock Purchase Agreement (Rite Aid Corp), Stock Purchase Agreement (Advance Paradigm Inc)
Compliance with Applicable Law; Permits. Except as has not had or would not have a Company Material Adverse Effect, (ai) the Company and its subsidiaries possess all permits, licenses, variances, exemptions, orders, approvals and authorizations of all Governmental Entities and all consents and waivers of any other persons (other than Governmental Entities) necessary for the Company and its subsidiaries to own, lease or otherwise hold the assets of the Business its businesses and to carry on the Business its businesses as currently conducted and (bii) the Business is such businesses are being conducted in compliance with all laws, regulations and ordinances of all Governmental Entities Entities, including (iA) laws regarding the provision of insurance, third party administration services and primary health care services, (iiB) the Prescription Drug Marketing Act, the Federal Controlled Substances Act of 1970, the Food, Drug and Cosmetic Act and any applicable state Pharmacy Practice Acts, Controlled Substances Acts, Dangerous Drug Acts and Food, Drug and Cosmetic Acts and (iiiC) laws regarding the provision of goods and services under Medicare or Medicaid or other programs administered by Governmental Entities. This Section 2.7 3.10 does not relate to matters with respect to (x) environmental matters, which are the subject of Section 2.8, (y) benefits and employment matters, which are the subject of Section 2.10 3.12, and (zy) Taxes, which are the subject of Section 2.113.13.
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Samples: Securities Purchase Agreement (Littlejohn Joseph & Levy Fund Iii Lp), Securities Purchase Agreement (Advance Paradigm Inc)
Compliance with Applicable Law; Permits. Except as has not had or would not be reasonably likely to have a Company Material Adverse Effect, (a) the Company and its subsidiaries possess all permits, licenses, variances, exemptions, orders, approvals and authorizations of all Governmental Entities and all consents and waivers of any other persons (other than Governmental Entities) necessary for the Company and its subsidiaries to own, lease or otherwise hold the assets of the Business and to carry on the Business as currently conducted and (b) the Business is being conducted in compliance with all laws, regulations regulations, and ordinances of all Governmental Entities including (i) laws regarding the provision of insurance, third party administration services and primary health care services, services and (ii) the Prescription Drug Marketing Act, the Federal Controlled Substances Act of 1970, the Food, Drug and Cosmetic Act and any applicable state Pharmacy Practice Acts, Controlled Substances Acts, Dangerous Drug Acts and Food, Drug and Cosmetic Acts and (iii) laws regarding the provision of goods and services under Medicare or Medicaid or other programs administered by Governmental EntitiesActs. This Section 2.7 2.8 does not relate to matters with respect to (x) environmental matters, which are the subject of Section 2.82.9, (y) benefits and employment matters, which are the subject of Section 2.10 2.11 and (z) Taxes, which are the subject of Section 2.112.12.
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Compliance with Applicable Law; Permits. Except as has not had or would not --------------------------------------- be reasonably likely to have a Company Material Adverse Effect, (a) the Company and its subsidiaries possess all permits, licenses, variances, exemptions, orders, approvals and authorizations of all Governmental Entities and all consents and waivers of any other persons (other than Governmental Entities) necessary for the Company and its subsidiaries to own, lease or otherwise hold the assets of the Business and to carry on the Business as currently conducted and (b) the Business is being conducted in compliance with all laws, regulations regulations, and ordinances of all Governmental Entities including (i) laws regarding the provision of insurance, third party administration services and primary health care services, services and (ii) the Prescription Drug Marketing Act, the Federal Controlled Substances Act of 1970, the Food, Drug and Cosmetic Act and any applicable state Pharmacy Practice Acts, Controlled Substances Acts, Dangerous Drug Acts and Food, Drug and Cosmetic Acts and (iii) laws regarding the provision of goods and services under Medicare or Medicaid or other programs administered by Governmental EntitiesActs. This Section 2.7 2.8 does not relate to matters with respect to (x) environmental matters, which are the subject of Section 2.82.9, (y) benefits and employment matters, which are the subject of Section 2.10 2.11 and (z) Taxes, which are the subject of Section 2.112.12.
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