Common use of Statutory Funds Clause in Contracts

Statutory Funds. None of the assets of the Acquired Entities are subject to any liability to which Purchaser may become obligated in respect of amounts received by the Acquired Entities for the purchase or improvements of such assets or any part thereof under restricted or conditioned grants or donations, including monies received under applicable Laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Psychiatric Solutions Inc), Stock Purchase Agreement (Psychiatric Solutions Inc)

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Statutory Funds. None of the assets of the Acquired Entities are subject to any liability to which Purchaser may become obligated in respect of amounts received by the Acquired Entities for the purchase or improvements of such the assets or any part thereof under restricted or conditioned grants or donations, including monies received under applicable the Public Health Laws.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Psychiatric Solutions Inc), Stock Purchase Agreement (Psychiatric Solutions Inc)

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Statutory Funds. None of the assets of the Acquired Entities Assets are subject to any liability to which Purchaser Buyer may become obligated in respect of amounts received by the Acquired Entities Seller for the purchase or improvements of such assets the Assets or any part thereof under restricted or conditioned grants or donations, including monies received under applicable Lawsthe Public Health Service Act (42 U.S.C. § 291 et seq.).

Appears in 1 contract

Samples: Asset Purchase Agreement (Geo Group Inc)

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