Common use of Compliance with Laws and Regulatory Consents Clause in Contracts

Compliance with Laws and Regulatory Consents. From the date hereof through Closing: (1) Seller shall comply with all applicable statutes, laws, ordinances and regulations; (2) Seller shall keep, hold and maintain all certificates, accreditations, participations, licenses, and other permits necessary for operation of the Facility; (3) Seller shall use reasonable efforts and shall cooperate with Buyer to obtain all consents, approvals, exemptions and authorizations of third parties, whether governmental or private, necessary to consummate the transactions contemplated by this Agreement; and (4) Seller shall make and cause to be made all filings and give and cause to be given all notices which may be necessary or desirable under all applicable laws and under applicable contracts, agreements and commitments in order to consummate the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.)

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Compliance with Laws and Regulatory Consents. From the date hereof through Closing: , (1a) Seller shall Sellers will comply with all applicable statutes, laws, ordinances laws and regulations; (2b) Seller shall Sellers will keep, hold and maintain all certificates, accreditations, participations, licenses, Licenses necessary or advisable for the Business and other permits necessary for operation of the FacilityAssets; (3c) Seller shall Sellers and Shareholders will use their reasonable efforts and shall will cooperate fully with Buyer to obtain all consents, approvals, exemptions and authorizations of third parties, whether governmental or private, necessary to consummate the transactions contemplated by under this Agreement; and (4d) Seller shall Sellers and Shareholders will make and cause to be made all filings and give and cause to be given all notices which may be necessary or desirable under all applicable laws and under applicable contracts, agreements and commitments in order to consummate the transactions contemplated by under this Agreement. The parties waive compliance with any applicable bulk sales statute.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Homepatient Inc)

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