Seller Licenses definition

Seller Licenses has the meaning set forth in the recitals.

Seller Licenses means, if and as applicable, all material licenses, Permits and authorizations necessary for the lawful operation of the respective Facilities, as the Facilities currently are operated, including all licenses, Permits and authorizations necessary to (a) lawfully operate all beds contained in the Facilities as nursing home beds, (b) provide licensed nursing services and any other services currently provided at the respective Facilities, and (c) receive payment under the Medicare and applicable state Medicaid programs.

Seller Licenses shall have the meaning set forth in Section 2.1(ii).

Examples of Seller Licenses in a sentence

• At the Closing, each of the Seller Licenses will be free and clear of all Liens.

• The Seller has not used or granted any of the Seller Licenses or granted any rights therein, except in accordance with the Existing Lease or as noted in the Disclosure Schedule.

• From the date hereof until the earlier to occur of the Closing and the termination of this Agreement in accordance with the provisions of Section 7.1, the Seller shall, and shall cause its controlled Affiliates to, comply in all material respects with all Laws to the extent that they relate to any of the Seller Licenses.

• Neither the Seller nor any Affiliate thereof is a party to or subject to the provisions of any judgment, order, writ, injunction, decree or award of any court, arbitrator or governmental or regulatory official, body or authority that impairs any of the Seller Licenses or that would prevent or would reasonably be expected to delay or impair the ability of the Seller to consummate the transactions contemplated by this Agreement or otherwise perform its obligations hereunder.

• The Seller is not in violation in any material respect of any federal, state or local law, ordinance, code, order or governmental rule or regulation that relates to any of the Seller Licenses, including the FCC Rules.

More Definitions of Seller Licenses

Seller Licenses is defined in Section 3.16(b).

Seller Licenses has the meaning set forth in Section 2.5.

Seller Licenses is defined in Section 2.1.

Seller Licenses means the licenses granted to Seller under sub-clause 7.1;

Seller Licenses has the meaning set forth in Section 3.13(d).

Seller Licenses has the meaning set forth in Section 4.5 of this Agreement.

Seller Licenses means, collectively, all (a) licenses of Intellectual Property by any Seller to third parties, (b) licenses of any Seller Licensed Intellectual Property by third parties to such Seller, and (c) agreements governing the rights between any Seller and third parties relating to the development or use of Intellectual Property, the development or transmission of data, or the use, modification, or other practices with respect to any of the Sellers' web sites.