Common use of Compliance with Healthcare and Other Laws Clause in Contracts

Compliance with Healthcare and Other Laws. Company has not made any kickback, bribe or payment to any person or entity, directly or indirectly, for referring, recommending or arranging business or patients with, to or for Company which action could have a material adverse effect on the Business. No bulk sales or similar statute applies to the transactions contemplated under this Agreement. None of the Leases and Contracts and no activity of Company violates Section 1877 of the Social Security Act or any similar provision of applicable state law in any material respect. None of the Leases and Contracts and no activity of Company violates provisions of applicable state law relating to the corporate practice of medicine in any material respect. The Company is in compliance (without obtaining waivers, variances or extensions) with, all federal, state and local laws, rules and regulations which relate to the operations of the Business, except where the failure to be in compliance could not have a material adverse effect on the Business. All healthcare, tax and other returns, reports, plans and filings of any nature required to be filed by Company prior to Closing with any federal, state or local governmental authorities and any third party payors have been properly completed, except where the failure to be so completed or filed could not have a material adverse effect on the Business, and timely filed in compliance with all applicable requirements. Each return, report, plan and filing 20 26 contains no materially untrue or misleading statements and does not omit anything which would cause it to be misleading or inaccurate in any material respect. Shareholders shall retain and be responsible, for any liability incurred, and Shareholders shall be entitled to receive any refund or other benefit which may result from the same in connection with any such return, report, plan and filing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Portaro Denis A)

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Compliance with Healthcare and Other Laws. Company has not made any kickback, bribe or payment to any person or entity, directly or indirectly, for referring, recommending or arranging business or patients with, to or for Company which action could have a material adverse effect on the Business. No bulk sales or similar statute applies to the transactions contemplated under this Agreement. None of the Leases and Contracts and no activity of Company violates Section 1877 of the Social Security Act or any similar provision of applicable state law in any material respect. None of the Leases and Contracts and no activity of Company violates provisions of applicable state law relating to the corporate practice of medicine in any material respect. The Company is in compliance (without obtaining waivers, variances or extensions) with, all federal, state and local laws, rules and regulations which relate to the operations of the Business, except where the failure to be in compliance could not have a material adverse effect on the Business. All healthcare, tax and other returns, reports, plans and filings of any nature required to be filed by Company prior to Closing with any federal, state or local governmental authorities and any third party payors have been properly completed, except where the failure to be so completed or filed could not have a material adverse effect on the Business, and timely filed in compliance with all applicable requirements. Each return, report, plan and filing 20 26 contains no materially untrue or misleading statements and does not omit anything which would cause it to be misleading or inaccurate in any material respect. Shareholders shall retain and be responsible, for any liability incurred, and Shareholders shall be entitled to receive any refund or other benefit which may result from the same in connection with any such return, report, plan and filing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Capstone Pharmacy Services Inc)

Compliance with Healthcare and Other Laws. Company has not made any kickback, bribe or payment to any person or entity, directly or indirectly, for referring, recommending or arranging business or patients with, to or for Company which action could have a material adverse effect on the Business. No bulk sales or similar statute applies to the transactions contemplated under this Agreement. None of the Leases and Contracts and no activity of Company violates Section 1877 of the Social Security Act or any similar provision of applicable state law in any material respect. None of the Leases and Contracts and no activity of Company violates provisions of applicable state law relating to the corporate practice of medicine in any material respect. The Company is in compliance (without obtaining waivers, variances or extensions) with, all federal, state and local laws, rules and regulations which relate to the operations of the Business, except where the failure to be in compliance could not have a material adverse effect on the Business. All healthcare, tax and other returns, reports, plans and filings of any nature required to be filed by Company prior to Closing with any federal, state or local governmental authorities and any third party payors have been properly completed, except where the failure to be so completed or filed could not have a material adverse effect on the Business, and timely filed in compliance with all applicable requirements. Each return, report, plan and filing 20 26 contains no materially untrue or misleading statements and does not omit anything which would cause it to be misleading or inaccurate in any material respect. Shareholders Shareholder shall retain and be responsible, for any liability incurred, and Shareholders shall be entitled to receive any refund or other benefit which may result from the same in connection with any such return, report, plan and filing.Shareholder

Appears in 1 contract

Samples: Agreement and Plan of Merger (Portaro Denis A)

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Compliance with Healthcare and Other Laws. Company has not made any kickback, bribe or payment to any person or entity, directly or indirectly, for referring, recommending or arranging business or patients with, to or for Company which action could have a material adverse effect on the Business. No bulk sales or similar statute applies to the transactions contemplated under this Agreement. None of the Leases and Contracts and no activity of Company violates Section 1877 of the Social Security Act or any similar provision of applicable state law in any material respect. None of the Leases and Contracts and no activity of Company violates provisions of applicable state law relating to the corporate practice of medicine in any material respect. The Company is in compliance (without obtaining waivers, variances or extensions) with, all federal, state and local laws, rules and regulations which relate to the operations of the Business, except where the failure to be in compliance could not have a material adverse effect on the Business. All healthcare, tax and other returns, reports, plans and filings of any nature required to be filed by Company prior to Closing with any federal, state or local governmental authorities and any third party payors have been properly completed, except where the failure to be so completed or filed could not have a material adverse effect on the Business, and timely filed in compliance with all applicable requirements. Each return, report, plan and filing 20 26 contains no materially untrue or misleading statements and does not omit anything which would cause it to be misleading or inaccurate in any material respect. Shareholders Shareholder shall retain and be responsible, for any liability incurred, and Shareholders Shareholder shall be entitled to receive any refund or other benefit which may result from the same in connection with any such return, report, plan and filing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Capstone Pharmacy Services Inc)

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