Description Schedules. Trace Real Property 1.1 Parking 2.2(d) Consents 3.2(b) Absence of Conflicts 3.2(c) No Casualty Loss 3.4 Permitted Encumbrances 3.5 Notice of Violation of Real Estate Law 3.5(a) Easements and Other Limitations 3.5(c) Accessibility Laws 3.5(d) Tenant Leases 3.5(e) Rent Roll 3.5(f) Eminent Domain 3.5(g) Flood Hazards 3.5(h) Encroachments 3.5(i) Environmental Laws 3.8 Xxxx Xxxxxx 3.9 Taxes 3.10 Insurance 3.11 Material Defects 3.12 Brokers 3.13 SNF Real Property 5.5 GLOSSARY OF DEFINED TERMS Description Section Accessibility Laws 3.5(d) Actual Fraud 11.17 Affiliate 11.17 Agreement Preamble Business Day 11.17 Buyer Preamble Buyer Indemnified Parties 10.2 Xxxxx’s Representative 11.23 CERCLA 3.8 Clinic or Clinics Recitals Closing 2 Closing Date 2 Closing Documents 11.17 Crown 11.17 Deductible 10.6 Environmental Laws 3.8 Forward Looking Materials 3.15 Fundamental Representations 10.5 Hospital Recitals Indemnified Party 10.3 Indemnifying Party 10.3 Insolvency Event(s) 7.4 Inventory 11.17 Knowledge of Buyer 4 Knowledge of Seller 3 Lien or Liens 3.6 Loss or Losses 10.1 MOB Recitals New Encumbrances 1.6(b) New Surveys 5.5 Permitted Encumbrances 3.5 Purchase Price 1.2 RCRA 3.8 Representatives 11.23 Responsible Officers 3 SNF Recitals SNF Real Property 5.5 Seller Preamble Seller Indemnified Parties 10.1 Seller’s Agent 3.15 Seller’s Knowledge 3 Seller’s Representative 11.23 Title Company 5.5 Title Policy 5.5 Trace Real Property 1.1 Vacant Land Recitals REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (this “Agreement”) is made and entered into as of this 22nd day of January, 2024, by and between, South Health Corporation of Houston, Inc., a Georgia corporation (“Seller"), and Progressive Health of Houston, LLC, a Mississippi limited liability company ("Buyer").
Description Schedules. Tangible Personal Property 1.2(a) Contracts 1.2(i) Excluded Assets 1.3 Seller Retained Liabilities 1.5 General Assignment, Conveyance and Bill of Sale 2.1(a) Contracts 1.2(i) Consents 2.3(b) Absence of Conflicts 3.2(c) Financial Information 3.4 Certain Post-September 30 Financial Results 3.5 Licenses 3.6 Certificate of Need 3.7 Medicare Participation/Accreditation 3.8 Regulatory Compliance 3.9 Litigation or Proceedings 3.14 Xxxx Xxxxxx 3.16 Taxes 3.17 Employee Relations 3.18 Employee Laws 3.18(b) Employment Loss 3.18(c) Agreements and Commitments 3.19 Insurance 3.22 Medical Staff Matters 3.23 Material Defects 3.25 Brokers 3.28 Litigation or Proceedings (Buyer) 4.4 GLOSSARY OF DEFINED TERMS Description Section Accessibility Laws 3.11(d) Accounts Receivable 1.2(c) Actual Fraud 12.17 Advances 1.2(e) Affiliate 12.17 Agreement Preamble Assignment and Assumption Agreement 2.1(b) Business Day 12.17
Description Schedules. Lease Premises 1.1 Consents 3.2(b) Absence of Conflicts 3.2(c) Permitted Encumbrances 3.4 Notice of Violation of Real Estate Law 3.4(a) Easements and Other Limitations 3.4(c) Accessibility Laws 3.4(d) Environmental Laws 3.5 Condition of Buildings and Structures 3.7 SNF Parking 6.4 Radiology Lab 11.22
Description Schedules. Real Property 1.2(a) Tangible Personal Property 1.2(b) Contracts 1.2(h) Excluded Assets 1.3 Assumed Liabilities 1.5 Post-Closing Adjustment 1.9 Consents 3.2(b) Absence of Conflicts 3.2(c) Financial Information 3.4(b) Certain Post-Balance Sheet Results 3.5 Licenses 3.6 Certificate of Need 3.7 - vi - Medicare Participation/Accreditation 3.8 Regulatory Compliance 3.9 Permitted Encumbrances 3.11 Notice of Violation of Real Estate Law 3.11(a) Easements and Other Limitations 3.11(c) Accessibility Laws 3.11(d) Tenant Leases 3.11(e) Rent Roll 3.11(f) Eminent Domain 3.11(g) Flood Hazards 3.11(h) Encroachments 3.11(i) Employee Benefit Plans 3.13 Litigation or Proceedings 3.14 Environmental Laws 3.15 Xxxx Xxxxxx 3.16 Taxes 3.17 Employee Relations 3.18 Employee Laws 3.18(b) Employment Loss 3.18(c) Agreements and Commitments 3.19 Insurance 3.22 Medical Staff Matters 3.23 Material Defects 3.25 Brokers 3.28 Litigation or Proceedings (Buyer) 4.4 GLOSSARY OF DEFINED TERMS Description Section Accessibility Laws 3.11(d) Accountants 1.9(c) Accounts Receivable 1.2(d) Actual Fraud 12.17 Acute Care Hospital Recitals Advances 1.2(e) Affiliate 12.17
Description Schedules. Assumed Leases 1.1(a) Asset Listing 1.1(b) Excluded Assets 1.2 Excluded Contracts 1.2(n) Long Term Debt and Capital Leases 1.3(c) Excluded Financial Liabilities 1.3(g) Excluded Liabilities 1.4 Estimated Net Working Capital 1.6(b) Owned Real Property 2.1 Permitted Exceptions 2.8 Governmental Consents & Approvals 4.4 Third Party Consents 4.5 Financial Statements 4.6 Extraordinary Liabilities 4.8 Licenses 4.9 Partial Subsidiaries 4.10 Medicare Participation/Accreditation 4.11 Permitted Encumbrances 4.13 Condition of Assets 4.14 Depreciation Schedule 4.15 Employee Benefit Plans 4.16 Seller Litigation or Proceedings 4.17 Material Contracts 4.21 Contracts Requiring Consent to Assign 4.21(d) Prepayments 4.21(e) Penalties On Assignment 4.21(f) Insurance 4.24 Intellectual Property/Computer Software 4.27 Buyer Governmental Consents & Approvals 5.5 Buyer Litigation or Proceedings 5.6 Material Consents 8.8 Allocation of Purchase Price 10.1 GLOSSARY OF DEFINED TERMS Description Section [To be incorporated in subsequent draft] ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of , 2012 (“Effective Date”), by and among THE BOARD OF TRUSTEES OF BAY MEDICAL CENTER, a Florida non-taxable governmental health care provider created as a Florida independent special district (“Seller”), NEWCO, INC., a Florida corporation (“Buyer”), BAY COUNTY HEALTH SYSTEM, LLC, a Delaware limited liability company (“BCHS”) and LHP HOSPITAL GROUP, INC., a Delaware corporation (“LHP”), and SACRED HEART HEALTH SYSTEM, INC., a Florida non-profit corporation (“SHHS,” and collectively with LHP, the “Limited Guarantors”).
