Common use of Operator Matters Clause in Contracts

Operator Matters. (a) Except as set forth in Schedule 3.24(a), Seller and each Company have been issued and are in good standing with respect to any and all material permits, licenses, regulatory approvals, approvals, accreditations and comparable authorizations (collectively, "Operator Licenses") from all applicable Governmental Authorities (including, but not limited to any Health Department (hereinafter defined)) that are necessary for the use, operation and maintenance of each of the Real Property Assets and the conduct of Seller's or any Company's business therein. Except as set forth in Schedule 3.24(a), neither Seller, any Company nor any Real Property Asset is the subject of any proceeding, examination or to Knowledge of Seller, investigation, by any Health Department or other Governmental Authority concerning an actual or alleged material violation of any laws, ordinances, rules or regulations or any Operator Licenses. The Operator Licenses (i) have not been and will not be, transferred to any location other than the applicable Real Property Asset; and (ii) except as set forth in Schedule 3.24(a), are not and will not be pledged as collateral for any loan or indebtedness that will not be released at the applicable Closing or assumed by Acquiror. As used herein, "

Operator Matters. (a) Except as set forth in Schedule 3.24(a)Each of Seller, Seller the Company and each the Company have Subsidiaries has been issued and are is in good standing with respect to any and all material permits, licenses, regulatory approvals, approvals, accreditations and comparable authorizations (collectively, "Operator Licenses") from all applicable Governmental Authorities (including, but not limited to any Health Department (hereinafter defined)) that are necessary for the use, operation and maintenance of each of the Real Property Assets and the conduct of Seller's or any Company's its business thereinthereon (collectively, "Operator Licenses"). Except as set forth in Schedule 3.24(a), neither none of Seller, any the Company, the Company nor any Subsidiaries and the Real Property Asset Assets is the subject of any proceeding, examination or to Knowledge of Sellerthe Selling Parties, investigation, by any Health Department or other Governmental Authority concerning an actual or alleged material violation of any laws, ordinances, rules or regulations or any Operator Licenses. The Operator Licenses (i) have not been and will not be, be transferred to any location other than the applicable Real Property Asset; and (ii) except as set forth in Schedule 3.24(a), are not and will not be pledged as collateral for any loan or indebtedness that will not be released at the applicable Closing or assumed by Acquiror. As used herein, "