Common use of Health Care Permits Clause in Contracts

Health Care Permits. Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus: (i) the Company and its subsidiaries possess, and are in compliance in all material respects with the terms of, all certificates, approvals, clearances, registrations, franchises, licenses, permits, exemptions and other authorizations issued by all applicable authorities required for the conduct of the respective businesses as currently conducted, including under the Health Care Laws (collectively, “Health Care Permits”); (ii) all such Health Care Permits are in full force and effect and, to the Company’s knowledge, neither the Company nor any of its subsidiaries is in violation of any term of such Health Care Permit in any material respect; (iii) the Company and its subsidiaries have fulfilled and performed all of their material obligations with respect to the Health Care Permits and, to the Company’s knowledge, no event has occurred which allows, or after notice or lapse of time would allow, revocation or termination thereof or result in any other material impairment of the rights of the holder of any Health Care Permit; (iv) neither the Company nor any of its subsidiaries has received any notice of proceedings relating to the revocation or modification of any Health Care Permits that, singly or in the aggregate, if determined adversely to the Company or such subsidiary, could have a Material Adverse Effect, and to the Company’s knowledge, no party granting any such Health Care Permits has taken any action to limit, suspend or revoke the same in any material respect.