Exception for New Nursing, Allied Health, and Pharmacy Programs Sample Clauses

Exception for New Nursing, Allied Health, and Pharmacy Programs. Notwithstanding anything in this Agreement to the contrary, if Ochsner or one of its Affiliates desires to develop a new allied health, nursing, or pharmacy education or training program in either the Service Area or the Collaboration Area, Ochsner shall provide written notice of same to LSU in sufficient detail to reasonably describe such program and with such relevant information as it may possess with regard to such program, including but not limited to all relevant financial information. LSU shall have the right of first opportunity to participate in such program and shall exercise such right by providing written notice to Ochsner within ninety (90) days of receipt of notice from Ochsner. Upon acceptance, the Parties shall reasonably and in good faith take all necessary steps to develop such program. If LSU does not desire to participate in such program or does not exercise its right of first opportunity within the ninety-day time period set forth above, Ochsner may develop the program without the participation of LSU.
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