Common use of Qualification; Licenses Clause in Contracts

Qualification; Licenses. Borrowers will take such actions or cause such actions to be taken as might be required to maintain the existence of all governmental and private permits, licenses and authorities of the Borrowers and Borrower Subsidiaries, necessary or desirable to the continuation of the pharmacy and sleep lab businesses and will comply with all statutes and governmental regulations.

Appears in 2 contracts

Samples: Loan Agreement (Graymark Healthcare, Inc.), Loan Agreement (Graymark Healthcare, Inc.)

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Qualification; Licenses. The Borrowers will take such actions or cause such actions to be taken as might be required to maintain the existence of all governmental and private permits, licenses and authorities of the Borrowers and Borrower Subsidiaries, necessary or desirable to the continuation of the pharmacy Borrowers and sleep lab Borrower Subsidiaries’ businesses and will comply with all statutes and governmental regulations.

Appears in 1 contract

Samples: Loan Agreement (Graymark Healthcare, Inc.)

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Qualification; Licenses. Borrowers The Borrower will take such actions or cause such actions to be taken as might be required to maintain the existence of the Borrower and each of the Subsidiaries and all governmental and private permits, licenses and authorities of the Borrowers Borrower and Borrower Subsidiaries, the Subsidiaries necessary or desirable to the continuation of the pharmacy and sleep lab their respective businesses and will comply with all statutes and governmental regulations.

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Petroleum Inc)

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