Common use of Health Care Covenants Clause in Contracts

Health Care Covenants. (a) Borrower shall comply in all material respects with, and will obtain all permits required by, all Health Care Laws applicable to it. (b) Borrower shall promptly furnish to Lender a copy of any communication from any governmental authority concerning any possible violation of any Health Care Laws or any occurrence of which Borrower would be required to notify any Governmental Authority with jurisdiction over Health Care Laws.

Appears in 6 contracts

Samples: Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp), Loan and Security Agreement (Physician Health Corp)

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Health Care Covenants. (a) Borrower and each of its employees shall comply in all material respects with, and will shall obtain all permits required by, all Health Care Laws applicable to itBorrower and/or its employees. (b) Borrower shall promptly furnish to Lender a copy of any communication from any governmental authority Governmental Authority concerning any possible violation of any Health Care Laws or any occurrence of which Borrower or any of its employees would be required to notify any Governmental Authority with jurisdiction over Health Care Laws.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sunlink Health Systems Inc), Loan and Security Agreement (Occupational Health & Rehabilitation Inc)

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Health Care Covenants. (a) Borrower and its Subsidiaries shall comply in all material respects with, and will obtain all permits required by, all Health Care Laws applicable to it. (b) Borrower shall promptly furnish to Lender a copy of any communication from any governmental authority concerning any possible violation of any Health Care Laws or any occurrence of which Borrower would be required to notify any Governmental Authority with jurisdiction over Health Care Laws.

Appears in 1 contract

Samples: Loan and Security Agreement (Physician Health Corp)

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