Bed Operating Rights Sample Clauses
The Bed Operating Rights clause defines the rights and responsibilities related to the use and management of hospital beds within a healthcare facility. It typically outlines which party has the authority to allocate, operate, or control specific beds, and may specify conditions under which beds can be reassigned or reserved for certain purposes, such as for particular departments or patient types. This clause ensures clear allocation of resources and helps prevent disputes over bed usage, thereby supporting efficient hospital operations and patient care management.
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Bed Operating Rights. Tenant and Subtenant acknowledge and agree that the rights to operate the beds located at the Facility as set forth on Exhibit C under the law of the applicable Facility State [i] affect the value of the Leased Property, and [ii] the grant of this Lease is conditioned upon the existence of such rights. Tenant and Subtenant shall not relocate any licensed bed to any other location and shall not transfer any bed operating rights to any other party without the prior written consent of Landlord.
Bed Operating Rights. Tenant and Subtenant acknowledge and agree that the rights to operate the beds located at the Facilities as long term care beds under the law of the applicable Facility State affect the value of the Leased Property. Tenant and Subtenant agree to meet the Bed Licensing Requirements.
Bed Operating Rights. Tenant and Manager acknowledge and agree that the rights to operate the beds located at the Facility as long term care beds under the law of the Facility State, to relocate such bed operating rights to another location or locations, and to transfer such bed operating rights to third parties, are property of the Landlord and are an integral part of the real and personal property that constitutes the Leased Property. Tenant and Manager have only the right to use of such rights during the term of this Lease and subject to its terms and conditions. All operating rights shall automatically revert to Landlord upon the expiration or termination of this Lease for any reason whatsoever (other than Tenant's purchase of the Leased Property) without any requirement of a transfer or the payment of additional consideration.
Bed Operating Rights. Tenant and Manager acknowledge and agree that the rights to operate the beds located at the Facility as long term care beds under the law of the Facility State, to relocate such bed operating rights to another location or locations, and to transfer such bed operating rights to third parties, are property of the Landlord and are an integral part of the real and personal property that constitutes the Leased Property. Tenant and Manager have only the right to use of such rights during the term of this Lease and subject to its terms and conditions. All operating rights shall automatically revert to Landlord upon the expiration or termination of this Lease for any reason whatsoever (other than Tenant's purchase of the Leased Property) without any requirement of a transfer or the payment of additional consideration.