Operator Licenses definition
Examples of Operator Licenses in a sentence
Seller has made available to Acquiror copies of all of the census information concerning the number of licensed beds and/or units occupied by bona fide residents, rents rolls, monthly financial statements and other reports, materials and information concerning Seller's business operations and compliance with Laws, Operator Licenses and Material Permits for each of the Real Property Assets (the "Operator Reports") for the periods set forth therein which are true and correct in all material respects.
The City will provide the necessary training for Water Works Operators to maintain their Illinois Class “A” Water Supply Operator Licenses.
The Operator Licenses (i) have not been and will not be transferred to any location other than the applicable Real Property Asset; and (ii) are not and will not be pledged as collateral for any loan or indebtedness that will not be released at Closing or assumed by Acquiror.
New Operators (other than New Lake Village Operator) shall use their best efforts to obtain all of the New Operator Licenses on or before August 1, 2013 (the “Proposed Closing Date”).
To the Knowledge of Sellers, the Operator Licenses apply to the Acquired Properties and will not be transferred to any location other than the applicable Acquired Property.
Except as set forth in Schedule 3.24(a), none of Seller, the Company, the Company Subsidiaries and the Real Property Assets is the subject of any proceeding, examination or to Knowledge of the Selling Parties, investigation, by any Health Department or other Governmental Authority concerning an actual or alleged material violation of any laws, ordinances, rules or regulations or any Operator Licenses.
Except as set forth in Schedule 3.24(a), neither Seller, any Company nor any Real Property Asset is the subject of any proceeding, examination or to Knowledge of Seller, investigation, by any Health Department or other Governmental Authority concerning an actual or alleged material violation of any laws, ordinances, rules or regulations or any Operator Licenses.
The Operator Licenses (i) have not been and will not be, transferred to any location other than the applicable Real Property Asset; and (ii) except as set forth in Schedule 3.24(a), are not and will not be pledged as collateral for any loan or indebtedness that will not be released at the applicable Closing or assumed by Acquiror.
The Operator Licenses and the Provider Agreements (i) may not be, and have not been and will not be, transferred to any location other than the Facilities; (ii) are not and will not be pledged as collateral security for any loan or indebtedness that will not be released at Closing; and (iii) are held and will remain free from restrictions or known conflicts which would materially impair the use or operation of the Facilities and shall not be provisional, probationary or restricted in any way.
The closing with respect to the California Facility Assets (“California Facility Closing”) shall be extended until the fifth business day after the date that Buyer obtains the California Operator Licenses (“California Facility Closing Date”).