Common use of Consent by the Second Lien Lenders Clause in Contracts

Consent by the Second Lien Lenders. Prospect Hospital Advisory Services, Inc., a Prospect subsidiary, presently owns a minority interest in Xxxxxxx Medical Center, Inc. (“Xxxxxxx”). In connection with Xxxxxxx’x exit from current bankruptcy proceedings and as part of a plan of reorganization for Xxxxxxx, the Borrowers placed certain amounts with the U.S. Bankruptcy Court for the Central District of California, Los Angeles Division, in an attempt to purchase additional equity in Xxxxxxx. Should the Borrowers prevail, the Borrowers’ resulting ownership interest could approach 70% or more.