Common use of Healthcare Authorizations Clause in Contracts

Healthcare Authorizations. During the past three (3) years, each Healthcare Borrower (a) has, or has made timely application for in accordance with applicable Healthcare Laws, all Healthcare Authorizations necessary to carry on the business of such Borrower, and have made all declarations and filings with, all applicable Governmental Bodies necessary to engage in the ownership, management and operation of each such Borrower’s business and assets, in each case, except where failure to do so would not have a Material Adverse Effect, and (b) has not received a citation which could reasonably be expected to have a Material Adverse Effect, nor has any knowledge that any Governmental Bodies considering limiting, suspending or revoking any such Healthcare Authorization which limitation, suspension or revocation could reasonably be expected to have a Material Adverse Effect. All of such Healthcare Authorizations are valid and in full force and effect and each Healthcare Borrower is in compliance with the terms and conditions of all such Healthcare Authorizations, except where failure to be in such compliance or for a Healthcare Authorization to be valid and in full force and effect would not have a Material Adverse Effect.

Healthcare Authorizations. During the past three (3) years, each Healthcare Borrower (a) has, or has made timely application for in accordance with applicable Healthcare Laws, all Healthcare Authorizations necessary to carry on the business of such Borrower, and have made all declarations and filings with, all applicable Governmental Bodies necessary to engage in the ownership, management and operation of each such Borrower’s business and assets, in each case, except where failure to do so would not have a Material Adverse Effect, and (b) has not received a citation which could reasonably be expected to have a Material Adverse Effect, nor has any knowledge that any Governmental Bodies considering limiting, suspending or revoking any [PHI Group] Revolving Credit, Term Loan and Security Agreement such Healthcare Authorization which limitation, suspension or revocation could reasonably be expected to have a Material Adverse Effect. All of such Healthcare Authorizations are valid and in full force and effect and each Healthcare Borrower is in compliance with the terms and conditions of all such Healthcare Authorizations, except where failure to be in such compliance or for a Healthcare Authorization to be valid and in full force and effect would not have a Material Adverse Effect.