Governmental Proceedings and Notices. None of Operator or ------------------------------------ the Facility, or, to the knowledge of Operator, the Borrower is currently the subject of any proceeding by any Governmental Authority, and no notice of any violation has been received from a Governmental Authority that would, directly or indirectly, or with the passage of time: (a) affect Operator's ability to accept and/or retain tenants or result in the imposition of a fine, a sanction, a lower rate certification or a lower reimbursement rate for services rendered to eligible tenants; or (b) modify, limit or annul or result in the transfer, suspension, revocation or imposition of probationary use on any License.
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Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Mezzanine Loan Agreement (Brookdale Living Communities Inc)
Governmental Proceedings and Notices. None of Operator or ------------------------------------ the Facility, or, to the knowledge of Operator, the Borrower is currently the subject of any proceeding by any Governmental Authority, and no notice of any violation has been received from a Governmental Authority that would, directly or indirectly, or with the passage of time:
(a) affect Operator's ability to accept and/or retain tenants or result in the imposition of a fine, a sanction, a lower rate certification or a lower reimbursement rate for services rendered to eligible tenants; or
(b) modify, limit or annul or result in the transfer, suspension, revocation or imposition of probationary use on any License.
Appears in 1 contract
Governmental Proceedings and Notices. None of ------------------------------------ Operator or ------------------------------------ the Facility, or, to the knowledge of Operator, the Borrower is currently the subject of any proceeding by any Governmental Authority, and no notice of any violation has been received from a Governmental Authority that would, directly or indirectly, or with the passage of time:
(a) affect Operator's ability to accept and/or retain tenants or result in the imposition of a fine, a sanction, a lower rate certification or a lower reimbursement rate for services rendered to eligible tenants; or
(b) modify, limit or annul or result in the transfer, suspension, revocation or imposition of probationary use on any License.
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