Common use of Practice Compliance Clause in Contracts

Practice Compliance. The Practice has all licenses necessary ------------------- to operate the Practice in accordance with the requirements of any Applicable Law and has all Necessary Authorizations for the use and operation of the Practice, all of which are in full force and effect. There are no outstanding notices of deficiencies relating to the Practice issued by any Governmental Authority or third party payor requiring conformity or compliance with any Applicable Law or condition for participation of the Governmental Authority or third party payor, and after reasonable and independent inquiry and due diligence and investigation, the Practice has neither received notice nor has any knowledge or reason to believe that the Necessary Authorizations may be revoked or not renewed in the ordinary course.

Appears in 2 contracts

Sources: Management Services Agreement (Physician Health Corp), Management Services Agreement (Physician Health Corp)

Practice Compliance. The Practice has all licenses necessary ------------------- -------------------- to operate the Practice in accordance with the requirements of any Applicable Law and has all Necessary Authorizations for the use and operation of the Practice, all of which are in full force and effect. There are no outstanding notices of deficiencies relating to the Practice issued by any Governmental Authority or third party payor requiring conformity or compliance with any Applicable Law or condition for participation of the Governmental Authority or third party payor, and after reasonable and independent inquiry and due diligence and investigation, the Practice has neither received notice nor has any knowledge or reason to believe that the Necessary Authorizations may be revoked or not renewed in the ordinary course.

Appears in 1 contract

Sources: Management Services Agreement (Physician Health Corp)