Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, CON: (a) may not be, and have not been, transferred to any location other than the Facility; (b) have not been pledged as collateral security for any other loan or indebtedness; (c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Facility as intended, and are not provisional, probationary or restricted in any way; and (d) have at all applicable times been, and are, in full force and effect.
Appears in 4 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, CONCON or XXX:
(a) may not be, and have not been, transferred to any location other than the FacilityFacility for which such Licenses were originally issued;
(b) have not been pledged as collateral security for any other loan or indebtedness;
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the any Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Samples: Loan Agreement (G&l Realty Corp)
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, CON:CON or COE: 91
(a) may not be, and have not been, transferred to any location other than the FacilityFacility for which such License was originally issued;
(b) have not been pledged as collateral security for any other loan or indebtedness;
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, the CON:
(a) may not be, and have not been, transferred to any location other than the Facility;
(b) have not been pledged as collateral security for any other loan or indebtedness;; and
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Samples: Management Agreement (Continental Health Affiliates Inc)
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, each CON:
(a) may not be, and have not been, transferred to any location other than the FacilityFacility to which such Licenses relate;
(b) have not been pledged as collateral security for any other loan or indebtedness;; and
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the each Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, CON:
(a) may not be, and have not been, transferred to any location other than the Facility;
(b) have not been pledged as collateral security for any other loan or indebtedness;
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, CONCON or COE:
(a) may not be, and have not been, transferred to any location other than the FacilityFacility for which such License was originally issued;
(b) have not been pledged as collateral security for any other loan or indebtedness;
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract
Ownership of Licenses. The Licenses, including without --------------------- limitation, each, if any, the CON:
(a) may not be, and have not been, transferred to any location other than the Borrower's Facility;
(b) have not been pledged as collateral security for any other loan or indebtedness;; and
(c) are held free from restrictions or known conflicts which would materially impair the use or operation of the Borrower's Facility as intended, and are not provisional, probationary or restricted in any way; and
(d) have at all applicable times been, and are, in full force and effect.
Appears in 1 contract