Accreditation and Licensing. Each Borrower shall keep itself and its Subsidiaries fully licensed with all licenses required to operate such Person’s business under Applicable Law and maintain its qualification for participation in, and payment under, Medicare, Medicaid, TRICARE, CHAMPVA and any other federal, state or local governmental program or private program providing for payment or reimbursement for services rendered by such Person, except to the extent that the loss or relinquishment of such qualification would not or could not reasonably be expected to have a Material Adverse Effect; provided, however, that nothing in this Agreement shall require that any Credit Party participate in the TRICARE or CHAMPVA programs if it elects not to accept patients covered by such programs. The Borrowers will promptly furnish the Agent with copies of all reports and correspondence relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section.
Accreditation and Licensing. VHS Holdco I will (i) cause the Borrower and each of its Subsidiaries to obtain and maintain, its qualification for participation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which the Borrower deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets or liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole, and (ii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I or any Subsidiary of VHS Holdco I to have at all times a valid Certificate of Accreditation from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc. in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc., could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets, liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole.
Accreditation and Licensing. The Company shall, and shall cause each other Credit Party to, keep itself fully licensed with all licenses required to operate such Person's business under applicable law and maintain such Person's qualification for participation in, and payment under, Medicare, Medicaid, CHAMPUS, CHAMPVA and any other federal, state or local governmental program or private program providing for payment or reimbursement for services rendered by such Person, except to the extent that the loss or relinquishment of such qualification would not or could not reasonably be expected to have or result in a Material Adverse Effect; provided, however, that nothing in this Agreement shall require the Company or any other Credit Party to participate in the CHAMPUS or CHAMPVA programs if it elects not to accept patients covered by such programs. The Company will promptly furnish the Agent with copies of all reports and correspondence relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section.
Accreditation and Licensing. (a) Each Group Member shall (i) obtain and maintain all certificates of need, provider numbers, supplier numbers, and permits and other licenses required to operate such Person’s business and its business locations under applicable laws, rules, and regulations and maintain such Person’s qualification for participation in, and payment under, Medicare, Medicaid, Government Reimbursement Program, or any private program providing for payment or reimbursement for services rendered by such Person except to the extent such loss or relinquishment could not reasonably be expected to have a Material Adverse Effect, (ii) properly file all Medicaid/Medicare cost reports and claims, and (iii) promptly furnish or cause to be furnished to the Agent copies of all reports and correspondence that it sends or receives relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section or any other violation or possible violation of Healthcare Laws.
(b) Each Group Member shall (i) provide goods and services to its customers in compliance with ethical standards, laws, rules and regulations applicable to it or any facility or location it operates; (ii) assure that each of its employees and each employee of such facility or location has all required licenses, credentials, approvals and other certifications to perform his or her duties and services for such location; and (iii) maintain all permits and other licenses required to operate its facilities and locations and conduct its business under applicable law; except to the extent, with respect to each of clauses (i), (ii), and (iii) above, where the failure to comply, individually or in the aggregate, has not had and could not reasonably be expected to have a Material Adverse Effect.
(c) Borrower shall notify Administrative Agent within two (2) Business Days following the occurrence of any of the following events: (1) the notification, through letter or otherwise, of a potential investigation relating to any Group Member’s submission of claims to Medicare, Medicaid, other Government Reimbursement Programs or any private payor; or (2) the voluntary disclosure by any Group Member to the Office of the Inspector General of the United States Department of Health and Human Services, a Medicare fiscal intermediary or, any state’s Medicaid program, or any other governmental authority or agency of a potential overpayment matter involving the submission of claims toin connection with any su...
Accreditation and Licensing. (a) The Borrower and each of its Subsidiaries and each Permitted Joint Venture shall keep itself fully licensed with all licenses required to operate such Person's business under applicable law, maintain such Person's qualification to practice medicine in the manner contemplated under the applicable Service Agreement and for participation in, and payment under, Medicare, Medicaid, TRICARE, CHAMPVA and any other federal, state or local governmental program or private program providing for payment or reimbursement for services rendered by such Person, except to the extent that the loss or relinquishment of such qualification would not or could not reasonably be expected to have or result in a Material Adverse Effect. The Borrower will promptly furnish or cause to be furnished to the Agent copies of all reports and correspondence it or any Subsidiary sends or receives relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section.
(b) Borrower shall cause each Managed Practice to: (i) provide professional services to its patients in compliance with ethical standards, laws, rules and regulations applicable to the operations of such Managed Practice; (ii) assure that each physician employee of such Managed Practice has all required licenses, credentials, approvals and other certifications to perform his or her duties and services for such Managed Practice; and (iii) maintain all licenses required to operate such Managed Practices' business under applicable law; except to the extent, with respect to each of clauses (i), (ii), and (iii) above, where the failure to comply, individually or in the aggregate, has not had and could not reasonably be expected to have or result in a Material Adverse Effect.
Accreditation and Licensing. The Art Institute of Phoenix is accredited by the Accrediting Council for Independent Colleges and Schools to award diplomas, associate’s degrees, and bachelor’s degrees. The Accrediting Council for Independent Colleges and Schools is listed as a nationally recognized accrediting agency by the United States Department of Education and is recognized by the Council for Higher Education Accreditation. ACICS can be contacted at 000 Xxxxx Xxxxxx XX, Xxxxx 000, Xxxxxxxxxx, X.X. 00000. Telephone: 0.000.000.0000. The Art Institute of Phoenix is authorized by the Arizona State Board for Private Postsecondary Education (0000 Xxxx Xxxxxxxxxx Xxxxxx, Xxxx 000, Xxxxxxx, XX 00000, 0.000.000.0000, xxx.xxxxxx.xxx).
Accreditation and Licensing. Each Obligor shall keep itself fully licensed with all licenses required to operate such Person's business under applicable law and maintain such Person's qualification for participation in, and payment under, Medicare, Medicaid, CHAMPUS, CHAMPVA and any other federal, state or local governmental program or private program providing for payment or reimbursement for services rendered by such Person, except to the extent that the loss or relinquishment of such qualification would not or could not reasonably be expected to have or result in a Material Adverse Effect; PROVIDED, HOWEVER, that nothing in this Agreement shall require any Obligor to participate in the CHAMPUS or CHAMPVA programs if it elects not to accept patients covered by such programs. The Issuer will promptly furnish the Collateral Agent and the Holders with copies of all reports and correspondence relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section.
Accreditation and Licensing. The Borrower and each other Credit Party shall maintain all licenses required to operate such Person's business under applicable law, maintain such Person's qualification for participation in, and payment under, Medicare, Medicaid, TRICARE and any other federal, state or local governmental program or private program providing for payment or reimbursement for services rendered by such Person, except to the extent that the loss or relinquishment of such qualification could not reasonably be expected to have a Material Adverse Effect. The Borrower shall promptly furnish or cause to be furnished to the Lenders copies of all reports and correspondence it or any other Credit Party sends or receives relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section.
Accreditation and Licensing. 1. Each Credit Party shall maintain such Person’s qualification for participation in, and payment under, Medicare, Medicaid, TRICARE, CHAMPVA and any other federal, state or local governmental program or private program providing for payment or reimbursement for Medical Services rendered by such Person, except to the extent such loss or relinquishment could not reasonably be expected to have a Material Adverse Effect. If required, Medicaid and Medicare cost reports will be properly filed by each Credit Party. Each Credit Party will promptly furnish or cause to be furnished to the Lender copies of all reports and correspondence it sends or receives relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this Section 7.8(a).
2. Each Credit Party shall: (i) provide Medical Services to its Patients in compliance with ethical standards and Healthcare Laws applicable to it or any Facility it operates; (ii) assure that each of its employees and each employee of each Facility has all required licenses, credentials, approvals and other certifications to perform his or her duties and services for such Facility; and (iii) maintain all permits and other licenses required to operate such Facilities and conduct its business under applicable law, except to the extent, with respect to each of clauses (i), (ii), and (iii) above, that the failure to comply has not had and could not reasonably be expected to have or result in a Material Adverse Effect.
Accreditation and Licensing. Borrower and each of its Subsidiaries shall keep itself fully licensed with all licenses required to operate such Person's business under applicable law, except to the extent that the loss or relinquishment of such qualification would not result in a Material Adverse Event. Borrower will promptly furnish or cause to be furnished to Administrative Agent copies of all reports and correspondence it or any Subsidiary sends or receives relating to any loss or revocation (or threatened loss or revocation) of any qualification described in this SECTION 9.12.
