Common use of Licenses; Compliance with Laws Clause in Contracts

Licenses; Compliance with Laws. Except to the extent that the failure to comply would not result in a Material Adverse Effect, the Borrower, SARC, ARC Financial, SARC/Largo and Surgery Center have complied with all applicable Laws with respect to: (1) any licenses, restrictions, specifications, or other requirement pertaining to services that Borrower, SARC, ARC Financial, SARC/Largo or Surgery Center performs; (2) the conduct of their respective businesses; (3) the use, maintenance, and operation of the real and personal properties owned or leased by them in the conduct of their respective businesses; and (4) health, safety, worker's compensation, and equal employment opportunity;

Appears in 1 contract

Samples: Loan Agreement (Symbion Inc/Tn)

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Licenses; Compliance with Laws. Except to the extent that the failure to comply would not result in a Material Adverse Effect, the Borrower, SARC, ARC Financial, SARC/Largo Asheville, ARC Investment and Surgery Center have complied with all applicable Laws with respect to: (1) any licenses, restrictions, specifications, or other requirement pertaining to services that Borrower, SARC, ARC Financial, SARC/Largo Asheville, ARC Investment or Surgery Center performs; (2) the conduct of their respective businesses; (3) the use, maintenance, and operation of the real and personal properties owned or leased by them in the conduct of their respective businesses; and (4) health, safety, worker's compensation, and equal employment opportunity;

Appears in 1 contract

Samples: Loan Agreement (Symbion Inc/Tn)

Licenses; Compliance with Laws. Except to the extent that the failure to comply would not result in a Material Adverse Effect, the Borrower, SARC, ARC Financial, SARC/Largo Houston, ARC Investment and Surgery Center have complied with all applicable Laws with respect to: (1) any licenses, restrictions, specifications, or other requirement pertaining to services that Borrower, SARC, ARC Financial, SARC/Largo Houston, ARC Investment or Surgery Center performs; (2) the conduct of their respective businesses; (3) the use, maintenance, and operation of the real and personal properties owned or leased by them in the conduct of their respective businesses; and (4) health, safety, worker's compensation, and equal employment opportunity;

Appears in 1 contract

Samples: Loan Agreement (Symbion Inc/Tn)

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Licenses; Compliance with Laws. Except to the extent that the failure to comply would not result in a Material Adverse Effect, the Borrower, SARC, SARC ARC Financial, SARC/Largo Circleville and Surgery Center have complied with all applicable Laws with respect to: (1) any licenses, restrictions, specifications, or other requirement pertaining to services that Borrower, SARC, SARC ARC Financial, SARC/Largo Circleville or Surgery Center performs; (2) the conduct of their respective businesses; (3) the use, maintenance, and operation of the real and personal properties owned or leased by them in the conduct of their respective businesses; and (4) health, safety, worker's compensation, and equal employment opportunity;

Appears in 1 contract

Samples: Loan Agreement (Symbion Inc/Tn)

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