Healthcare Facilities definition

Healthcare Facilities means any skilled nursing facilities, mentally retarded and developmentally disabled facilities, rehab hospitals, long term acute care facilities, intermediate care facilities for the mentally disabled, medical office buildings, domestic assisted living facilities, independent living facilities or Alzheimer’s care facilities and any ancillary businesses that are incidental to the foregoing.

Healthcare Facilities means any medical office buildings, general office buildings, skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation facilities, continuing care retirement communities, mental health facilities, life science facilities or hospitals.

Healthcare Facilities means the healthcare facilities listed on [Schedule 1 – insert reference to healthcare facility schedule, which schedule shall be attached to this Master Lease Addendum and shall include at least the following information for each facility: name of landlord, name of facility, address of facility, operator name, type of facility, number of licensed units/beds, and the county and state where the facility is located,] as the same may be amended from time to time. Each facility listed on such schedule is a “Healthcare Facility.”

Examples of Healthcare Facilities in a sentence

• John Rimbach President of Healthcare Facilities Mr. Rimbach brings a strong expertise in seniors housing management which he established over a 30 - year career.

• No Borrower shall engage in any business activities other than owning, holding, leasing, operating, developing, managing, improving and providing secured financing for real and personal property and similar interests in leasehold properties which are owned by or net leased to healthcare operators for use as Healthcare Facilities and activities incidental thereto.

• The Credit Parties will use the proceeds of the Credit Extensions for (a) working capital, capital expenditures, payment of dividends and redemptions, and other lawful corporate purposes (including, but not limited to, the acquisition of Healthcare Facilities), and (b) to pay transaction fees, costs and expenses related to credit facilities established pursuant to this Agreement and the other Credit Documents, in each case not in contravention of Applicable Laws or of any Credit Document.

• In respect of Professional and Business Liability Policies for Healthcare Facilities, the Maximum Policy Limit is $10,000,000 for policies incepting prior to January 1, 2002, and $5,000,000 for policies incepting on or after January 1, 2002, or so deemed.

• As of the date hereof, the Borrower has provided the Agent with correct and complete copies of all documentation relating to the Borrower's acquisition of the Behavioral Healthcare Facilities from Magellan.

More Definitions of Healthcare Facilities

Healthcare Facilities means facilities established for the diagnosis, treatment or care of individuals suffering from illness and injury;

Healthcare Facilities means, as applicable, any one or more of the healthcare facilities owned, operated or managed by the Company or its Subsidiaries and licensed under Healthcare Laws as a Healthcare Facility.

Healthcare Facilities means the Hospitals, together with all medical office buildings and other businesses (including ambulatory surgical centers, skilled nursing facilities, hospice facilities, and home health agencies) related to the Hospitals and owned or operated by Sellers, all real property owned by Sellers or associated with any of the foregoing, and all buildings, structures, fixtures and other improvements thereon. For purposes of this definition, the Joint Venture Partnerships and their respective businesses are expressly excluded. However, “Healthcare Facilities” shall include the ASC Joint Venture Partnership (defined below) solely for purposes of Article 7 and Section 16.1.1(iii), and no other Article or Section of this Agreement.

Healthcare Facilities as applicable, shall mean any one or more of the diagnostic testing laboratories or facilities and other healthcare facilities operated by a Borrower, including the healthcare facilities described on Schedule 2.02 hereto.

Healthcare Facilities means the healthcare facilities listed on [Schedule 1 –

Healthcare Facilities as applicable, shall mean any one or more of the skilled nursing healthcare facilities operated by Borrower, including the healthcare facilities described on Schedule 5.02 hereto.

Healthcare Facilities as applicable, means any one or more of the healthcare facilities owned or operated by Borrower, including the healthcare facilities described on Schedule 5.02 hereto.