Common use of Required Government Approvals Clause in Contracts

Required Government Approvals. Each Seller shall cooperate with Buyer and do all things reasonably practicable such that the parties shall obtain all of the regulatory approvals and licenses of Governmental Authorities as are necessary or advisable as a condition to the sale, transfer and conveyance of the Property by each Seller to Buyer and the continued current use and operation of the Community from and after Closing, including, without limitation, at such time as required by the applicable Governmental Authority, (i) obtaining such consents, approvals and permits from Governmental Authorities; and (ii) filing and submitting such petitions, notices, applications and informational filings, which shall, if applicable, include Forms LIC 200 and HS 200 and any other required forms (collectively, the “Required Governmental Approvals”); provided, however, that, neither Seller nor Buyer nor any of their affiliates, shall be required to make payments or incur any other liability to pursue or secure any such Required Governmental Approvals beyond any required application fees incurred in connection with obtaining such Required Governmental Approvals (which application fees shall be Buyer’s responsibility). Each Seller further agrees to assist Buyer in any post-Closing transition with respect to the Required Government Approvals for a period up to sixty (60) days after the wind up of the Interim Structure.

Appears in 5 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.)

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Required Government Approvals. Each Seller shall cooperate with Buyer and do all things reasonably practicable such that the parties shall obtain all of the regulatory approvals and licenses of Governmental Authorities as are necessary or advisable as a condition to the sale, transfer and conveyance of the Property by each Seller to Buyer and the continued current use and operation of the Community from and after Closing, including, without limitation, at such time as required by the applicable Governmental Authority, (i) obtaining such consents, approvals and permits from Governmental Authorities; and (ii) filing and submitting such petitions, notices, applications and informational filings, which shall, if applicable, include Forms LIC 200 and HS 200 and any other required forms (collectively, the “Required Governmental Approvals”); provided, however, that, neither Seller nor Buyer nor any of their affiliates, shall be required to make payments or incur any other liability to pursue or secure any such Required Governmental Approvals beyond any required application fees incurred in connection with obtaining such Required Governmental Approvals (which application fees shall be Buyer’s responsibility). Each Seller further agrees to assist Buyer in any post-Closing transition with respect to the Required Government Approvals for a period up to sixty (60) days after the wind up of the Interim Structure.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Griffin-American Healthcare REIT IV, Inc.)

Required Government Approvals. Each Seller shall cooperate with Buyer and do all things reasonably practicable such that the parties shall obtain all of the regulatory approvals and licenses of Governmental Authorities as are necessary or advisable as a condition to the sale, transfer and conveyance of the Property by each Seller to Buyer and the continued current use and operation of the Community from and after Closing, including, without limitation, at such time as required by the applicable Governmental Authority, (i) obtaining such consents, approvals and permits from Governmental Authorities; and (ii) filing and submitting such petitions, notices, applications and informational filings, which shall, if applicable, include Forms LIC 200 and HS 200 and any other required forms (collectively, the “Required Governmental Approvals”); provided, however, that, neither Seller nor Buyer nor any of their affiliates, shall be required to make payments or incur any other liability to pursue or secure any such Required Governmental Approvals beyond any required application fees 29 incurred in connection with obtaining such Required Governmental Approvals (which application fees shall be Buyer’s responsibility). Each Seller further agrees to assist Buyer in any post-Closing transition with respect to the Required Government Approvals for a period up to sixty (60) days after the wind up of the Interim Structure.. 7.5.12

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Required Government Approvals. Each Seller shall cooperate with Buyer and do all things reasonably practicable such that the parties shall obtain all of the regulatory approvals and licenses of Governmental Authorities as are necessary or advisable as a condition to the sale, transfer and conveyance of the Property by each Seller to Buyer and the continued current use and operation of the Community from and after Closing, including, without limitation, at such time as required by the applicable Governmental Authority, (i) obtaining such consents, approvals and permits from Governmental Authorities; and (ii) filing and submitting such petitions, notices, applications and informational filings, which shall, if applicable, include Forms LIC 200 and HS 200 and any other required forms (collectively, the “Required Governmental Approvals”); provided, however, that, neither Seller nor Buyer nor any of their affiliates, shall be required to make payments or incur any other liability to pursue or secure any such Required Governmental Approvals beyond any required application fees incurred in connection with obtaining such Required Governmental Approvals (which application fees shall be Buyer’s responsibility). Each Seller further agrees to assist Buyer in any post-Closing transition with respect to the Required Government Approvals for a period up to sixty (60) days after the wind up of the Interim Structure. If required to do so by Buyer, the applicable Seller shall cooperate with Buyer and do all things reasonably practicable to allow Buyer to assume payments under the Assisted Living Waiver Program.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)

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