Common use of PERMITS, LICENSES AND GOVERNMENTAL AUTHORIZATIONS Clause in Contracts

PERMITS, LICENSES AND GOVERNMENTAL AUTHORIZATIONS. (a) All material building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other material governmental authorizations and approvals necessary for the conduct of the Business, or waivers thereof, have been duly obtained and are in full force and effect, and there are no proceedings pending or, to the knowledge of Seller and Shareholders, threatened which may result in the revocation, cancellation or suspension, or any adverse modification, of any thereof. Any and all past litigation concerning such building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other governmental authorizations and approvals, and all claims and causes of action raised therein, have been finally adjudicated.

Appears in 3 contracts

Samples: Asset Acquisition Agreement (Physicians Specialty Corp), Asset Acquisition Agreement (Physicians Specialty Corp), Asset Acquisition Agreement (Physicians Specialty Corp)

AutoNDA by SimpleDocs

PERMITS, LICENSES AND GOVERNMENTAL AUTHORIZATIONS. (a) All material building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other material governmental authorizations and approvals necessary for the conduct of the Business, or waivers thereof, have been duly obtained and are in full force and effect, and there are no proceedings pending or, to the knowledge of Seller and ShareholdersShareholder, threatened which may result in the revocation, cancellation or suspension, or any adverse modification, of any thereof. Any and all past litigation concerning such building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other governmental authorizations and approvals, and all claims and causes of action raised therein, have been finally adjudicated.

Appears in 1 contract

Samples: Asset Acquisition Agreement (Physicians Specialty Corp)

AutoNDA by SimpleDocs

PERMITS, LICENSES AND GOVERNMENTAL AUTHORIZATIONS. (a) All material building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other material governmental authorizations and approvals necessary for the conduct of the BusinessPractices, or waivers thereof, have been duly obtained and are in full force and effect, and there . There are no proceedings pending or, to the knowledge of Seller Sellers and ShareholdersCorporations, threatened which may result in the revocation, cancellation or suspension, or any adverse modification, of any thereof. Any and all past litigation concerning such building or other permits, certificates of occupancy, concessions, grants, franchises, licenses, certificates of need and other governmental authorizations and approvals, and all claims and causes of action raised therein, have been finally adjudicated.

Appears in 1 contract

Samples: Stock Purchase Agreement (Physicians Speciality Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!