Common use of Specific Licensing Clause in Contracts

Specific Licensing. Each Project is duly licensed under the applicable Laws of the state where such Project is located. The licensed bed or unit capacity of each Project is shown on Schedule 5.19. Borrowers have not granted to any third party the right to reduce the number of licensed beds, persons served or units in any of the health care facilities operated by a Borrower or the right to apply for approval to move any and all of the licensed beds, persons served or units in the Projects to any other location and there are no proceedings or contemplated to reduce the number of licensed beds, persons served or units in the Projects.

Specific Licensing. Each Project is duly licensed as a hospital under the applicable Laws laws of the state where such the Project is located. The licensed bed or unit capacity of each Project is shown on Schedule 5.198.1. Borrowers have not granted to any third party the right to reduce the number of licensed beds, persons served or units in any of the health care facilities operated by a Borrower Projects or the right to apply for approval to move any and all of the licensed beds, persons served or units in the Projects to any other location and there are no proceedings or contemplated to reduce the number of licensed beds, persons served or units in the Projects.

Specific Licensing. Each Project is duly licensed as an assisted living facility under the applicable Laws laws of the state where such the Project is located. The licensed bed or unit capacity of each Project is shown on Schedule 5.198.1. Borrowers have not granted to any third party the right to reduce the number of licensed beds, persons served beds or units in any of the health care facilities operated by a Borrower Projects or the right to apply for approval to move any and all of the licensed beds, persons served beds or units in the Projects to any other location and there are no proceedings or contemplated to reduce the number of licensed beds, persons served or units beds in the Projects.

Specific Licensing. Each Project is duly licensed as a hospital under the applicable Laws laws of the state where such the Project is located. The licensed bed or unit capacity of each Project is shown on Schedule 5.198.1. Borrowers have not granted to any third party the right to reduce the number of licensed beds, persons served or units in any of the health care facilities operated by a Borrower Projects or the right to apply for approval to move any and all of the licensed beds, persons served or units in the Projects to any other location and there are no proceedings or contemplated to reduce the number of licensed beds, persons served or units in the Projects.