Common use of Operator Reporting Clause in Contracts

Operator Reporting. Seller has made available to Acquiror copies of all of the census information concerning the number of licensed beds and/or units occupied by bona fide residents, rents rolls, monthly financial statements and other reports, materials and information concerning Seller's business operations and compliance with Laws, Operator Licenses and Material Permits for each of the Real Property Assets (the "Operator Reports") for the periods set forth therein which are true and correct in all material respects. All materials reports, documents and notices, required to be filed, maintained or furnished by Seller or the Companies to any Governmental Authority with respect to each of the Real Property Assets have been so filed, maintained or furnished. There are no defects or deficiencies to or with respect to any Real Property Asset cited in any survey or inspection report provided, submitted or made by or to any Governmental Authority under any Law that remains uncured, except defects and deficiencies being cured in the ordinary course of business in accordance with permissible procedures of such Governmental Authority and except as set forth in Schedule 3.24(c).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Brookdale Senior Living Inc.), Stock Purchase Agreement (Provident Senior Living Trust)

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Operator Reporting. Seller has made available to Acquiror copies of all of the census information concerning the number of licensed beds and/or units occupied by bona fide residents, rents rolls, monthly financial statements and other reports, materials and information concerning Seller's business operations and compliance with Laws, Operator Licenses and Material Permits for each of the Real Property Assets (the "Operator Reports") for the periods set forth therein which are true and correct in all material respects. All materials reports, documents and notices, required to be filed, maintained or furnished by Seller or any of Seller, the Companies Company and the Company Subsidiaries to any Governmental Authority with respect to each of the Real Property Assets have been so filed, maintained or furnished. There are no defects or deficiencies to or with respect to any Real Property Asset cited in any survey or inspection report provided, submitted or made by or to any Governmental Authority under any Law that remains uncured, except defects and deficiencies being cured in the ordinary course of business in accordance with permissible procedures of such Governmental Authority and except as set forth in Schedule 3.24(c).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Brookdale Senior Living Inc.), Stock Purchase Agreement (Provident Senior Living Trust)

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