Common use of Use of Controlled Substance Permits Clause in Contracts

Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer shall have the right, for a period not to exceed one hundred eighty (180) days following the Closing Date, to operate under the licenses and registrations of Sellers relating to controlled substances and the operations of pharmacies, until Buyer is able to obtain such licenses and registrations for themselves. In furtherance thereof, each Seller holding such licenses or registrations shall execute and deliver to Buyer at or prior to the Closing one or more limited powers of attorney substantially in the form attached hereto as Exhibit A.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Rennova Health, Inc.), Asset Purchase Agreement (Rennova Health, Inc.), Asset Purchase Agreement (Rennova Health, Inc.)

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Use of Controlled Substance Permits. To the extent permitted by applicable law, each applicable Buyer shall have the right, for a period not to exceed one hundred eighty (180) days following the Closing Date, to operate under the licenses and registrations of Sellers the corresponding Seller relating to controlled substances and the operations of pharmaciespharmacies and laboratories, until such Buyer is able to obtain such licenses and registrations for themselvesitself. In furtherance thereof, each Seller holding such licenses or registrations Sellers shall execute and deliver to the corresponding Buyer at or prior to the Closing one or more limited powers of attorney substantially in the form attached hereto of Exhibit A hereto. Buyers shall apply for all such licenses and permits as Exhibit A.soon as reasonably possible before and after the Closing and shall diligently pursue such applications.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Community Health Systems Inc), Asset Purchase Agreement (Community Health Systems Inc)

Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer shall have the right, for a period not to exceed one hundred eighty twenty (180120) days following the Closing Date, to operate under the licenses and registrations of the Sellers relating to controlled substances and the operations of pharmaciespharmacies and laboratories, until Buyer is able to obtain such licenses and registrations for themselvesitself. In furtherance thereof, each Seller holding such licenses or registrations the Sellers shall execute and deliver to Buyer at or prior to the Closing one or more limited powers of attorney substantially in the form attached hereto as of Exhibit A.E hereto.

Appears in 2 contracts

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

Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer shall have the right, for a period not to exceed one hundred eighty twenty (180120) days following the Closing Date, to operate under the licenses and registrations of Sellers Seller relating to controlled substances and the operations of pharmacies, until Buyer is able to obtain such licenses and registrations for themselvesitself. In furtherance thereof, each Seller holding such licenses or registrations shall execute and deliver to Buyer at or prior to the Closing one or more a limited powers power of attorney substantially in the form attached hereto as of Exhibit A.D hereto.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sunlink Health Systems Inc), Asset Purchase Agreement (Sunlink Health Systems Inc)

Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer Entities shall have the right, for a period not to exceed one hundred eighty twenty (180120) days following the Closing Date, to operate under the licenses and registrations of Sellers Seller Entities relating to controlled substances and the operations of pharmaciespharmacies and laboratories, until Buyer is able to obtain such licenses and registrations for themselves. In furtherance thereof, each Seller holding such licenses or registrations shall execute and deliver to Buyer at or prior to the Closing one or more limited powers of attorney substantially in the form attached hereto as Exhibit A.Entities are

Appears in 1 contract

Samples: Asset Purchase Agreement (Ardent Health Services LLC)

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Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer shall have the right, for a period not to exceed one hundred eighty twenty (180120) days following the Closing Date, to operate under the licenses and registrations of Sellers Seller relating to controlled substances and the operations of pharmaciespharmacies and laboratories, until Buyer is able to obtain such licenses and registrations for themselvesitself. In furtherance thereof, each Seller holding such licenses or registrations shall execute and deliver to Buyer at or prior to the Closing one or more a limited powers power of attorney substantially in the form attached hereto as of Exhibit A.A hereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medcath Corp)

Use of Controlled Substance Permits. To the extent permitted by applicable law, Buyer shall have the right, for a period not to exceed one hundred eighty twenty (180120) days following the Closing Date, to operate under the licenses and registrations of Sellers the Seller Entities relating to controlled substances and the operations of pharmaciespharmacies and laboratories, until Buyer is able to obtain such licenses and registrations for themselvesitself. In furtherance thereof, each the Seller holding such licenses or registrations Entities shall execute and deliver to Buyer at or prior to the Closing one or more limited powers of attorney substantially in the form attached hereto as of Exhibit A.F hereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Psychiatric Solutions Inc)

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