Common use of Healthcare Regulatory Matters Clause in Contracts

Healthcare Regulatory Matters. (a) The Company and SpinCo are, and have been since their formation, in compliance with all applicable Healthcare Laws, except where such failure to so comply would not reasonably be expected to materially and adversely impact the SpinCo Business. Neither the Company nor SpinCo has received any written notice from any Regulatory Authority alleging any material violation of any applicable Healthcare Law. To the Knowledge of the SpinCo Group, there are no Actions pending or threatened against the Company or any of its Subsidiaries (excluding SpinCo) (in each case solely with respect to the SpinCo Business) or SpinCo or any of the SpinCo Products or alleging any material violation by the Company, SpinCo, the SpinCo Business or the SpinCo Products of any such applicable Healthcare Law.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Citius Pharmaceuticals, Inc.), Agreement and Plan of Merger and Reorganization (10XYZ Holdings LP), Agreement and Plan of Merger and Reorganization (TenX Keane Acquisition)

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