Common use of Sensitive Payments Clause in Contracts

Sensitive Payments. Seller has no reason to believe that it has (i) made any contributions, payments or gifts to or for the private use of any governmental official, employee or agent where either the payment or the purpose of such contribution, payment or gift is illegal under the laws of the United States or the jurisdiction in which made, (ii) established or maintained any unrecorded fund or asset for any purpose or made any false or artificial entries on its books, (iii) given or received any payments or other forms of remuneration in connection with the referral of patients which would violate the Medicare/Medicaid Anti-kickback Law, Section 1128(b) of the Social Security Act, 42 USC Section 1320a-7b(b) or any analogous state statute or (iv) made any payments to any person with the intention or understanding that any part of such payment was to be used for any purpose other than that described in the documents supporting the payment. Seller has not filed any reports with any governmental agency which disclose that it has participated in any of the foregoing practices or acts giving rise to such practices.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Regency Health Services Inc), Purchase and Sale Agreement (Regency Health Services Inc), Purchase and Sale Agreement (Regency Health Services Inc)

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Sensitive Payments. Seller has no reason to believe that it or the Corporation has (i) made any contributions, payments or gifts to or for the private use of any governmental official, employee or agent where either the payment or the purpose of such contribution, payment or gift is illegal under the laws of the United States or the jurisdiction in which made, (ii) established or maintained any unrecorded fund or asset for any purpose or made any false or artificial entries on its books, (iii) given or received any payments or other forms of remuneration in connection with the referral of patients which would violate the Medicare/Medicaid Anti-kickback Law, Section 1128(b) of the Social Security Act, 42 USC Section 1320a-7b(b) or any analogous state statute or (iv) made any payments to any person with the intention or understanding that any part of such payment was to be used for any purpose other than that described in the documents supporting the payment. Seller has not filed any reports on behalf of itself or in the name of the Corporation with any governmental agency which disclose that it has participated in any of the foregoing practices or acts giving rise to such practices.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Regency Health Services Inc)

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