Common use of Licenses; Approvals Clause in Contracts

Licenses; Approvals. Parent and each Parent Subsidiary and, to the knowledge of Parent, each Parent Affiliated Physician Group, as applicable, hold all licenses, permits, certificates of need and other regulatory approvals required or necessary to be applied for or obtained in connection with their business as presently conducted or as proposed to be conducted except where the failure to obtain or hold such license, permit, certificate of need or regulatory approval would not have a Material Adverse Effect on Parent. All such licenses, permits, certificates of need and other regulatory approvals related to the business, operations and facilities of Parent and each Parent Subsidiary and, to the knowledge of Parent, each Parent Affiliated Physician Group are in full force and effect, except where any failure of such license, certificate of need or regulatory approval to be in full force and effect would not have a Material Adverse Effect on Parent. Any and all past litigation concerning such licenses, certificates of need and regulatory approvals, including all claims and causes of action raised therein, has been finally adjudicated. No such license, certificate of need or regulatory approval has been revoked, conditioned (except as may be customary), limited or restricted, and no action (equitable, legal or administrative), arbitration or other process is pending or, to the best knowledge of Parent, threatened which in any way challenges the validity of or seeks to revoke, condition or restrict any such license, permit, certificate of need, or regulatory approval. Where applicable, Parent, the Parent Subsidiaries and, to the knowledge of Parent, the Parent Affiliated Physician Groups have current valid provider contracts with both Medicare and Medicaid. Parent is not aware of any reasons why Parent, the Parent Subsidiaries or any of the Parent Affiliated Physician Groups would be prevented from participating in Medicare and Medicaid.

Licenses; Approvals. Parent The Company and each Parent Company Subsidiary and, to the knowledge of Parentthe Company, each Parent Company Affiliated Physician Group, as applicable, hold all licenses, permits, certificates of need and other regulatory approvals required or necessary to be applied for or obtained in connection with their business as presently conducted or as proposed to be conducted except where the failure to obtain or hold such license, permit, certificate of need or regulatory approval would not have a Material Adverse Effect on Parentthe Company. All such licenses, permits, certificates of need and other regulatory approvals related to the business, operations and facilities of Parent the Company and each Parent Company Subsidiary and, to the knowledge of Parentthe Company, each Parent Company Affiliated Physician Group are in full force and effect, except where any failure of such license, certificate of need or regulatory approval to be in full force and effect would not have a Material Adverse Effect on Parentthe Company. Any and all past litigation concerning such licenses, certificates of need and regulatory approvals, including all claims and causes of action raised therein, has been finally adjudicated. No such license, certificate of need or regulatory approval has been revoked, conditioned (except as may be customary), limited or restricted, and no action (equitable, legal or administrative), arbitration or other process is pending or, to the best knowledge of Parentthe Company, threatened which in any way challenges the validity of or seeks to revoke, condition or restrict any such license, permit, certificate of need, or regulatory approval. Where applicable, Parentthe Company, the Parent Company Subsidiaries and, to the knowledge of Parentthe Company, the Parent Company Affiliated Physician Groups have current valid provider contracts with both Medicare and Medicaid. Parent The Company is not aware of any reasons why Parentthe Company, the Parent Company Subsidiaries or any of the Parent Company Affiliated Physician Groups would be prevented from participating in Medicare and Medicaid.