Health Care Permits and Approvals. Engage in any activity that --------------------------------- (a) constitutes or, with the giving of notice, the passage of time, or both, would result in a material violation of, any Health Care Permit necessary for the lawful conduct of its business or operations or (b) constitutes or, with the giving of notice, the passage of time, or both, would result in the loss by any Health Care Facility or Ancillary Business owned, leased, managed or operated by the Company or any of its Subsidiaries of the right to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent that such Credit Party has decided to participate in any such program with respect to such Health Care Facility or Ancillary Business, as the case may be, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto, in each case described in clauses (a) or (b) above, except where such violation or the loss of such Health Care Permit or rights to participate in or receive payments under such programs could not reasonably be expected to have a material adverse effect on the business, assets, condition (financial or otherwise) or results of operations of the Company and its Subsidiaries, taken as a whole.
Health Care Permits and Approvals. Take all action necessary (i) to maintain in full force and effect all Health Care Permits necessary for the lawful conduct of its business or operations wherever now conducted and as planned to be conducted, including the ownership and operation of its Health Care Facilities, pursuant to all applicable laws and all requirements of Governmental Authorities having jurisdiction over it or any part of its operations; and (ii) ensure that all Health Care Facilities owned or leased by it are entitled to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program to the extent that it has decided to participate in any such state or local program, and to receive reimbursement from private and commercial payors and health maintenance organizations to the extent applicable thereto; provided that the failure at any one time to maintain Health Care Permits with respect to any three Health Care Facilities owned or leased by any one or more Subsidiaries of the Borrower shall not constitute a failure to comply with this Section 5.02(k).
Health Care Permits and Approvals. Engage in any activity that (i) is or could reasonably be expected to result in a material default under or violation of any Health Care Permit necessary for the lawful conduct of its business or operations or (ii) causes or could reasonably be expected to cause the loss by any Health Care Company or Health Care Facility owned, leased, managed or operated by it of the right to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program to the extent that it has decided to participate in any such state or local program, or to receive reimbursement from private and commercial payors and health maintenance organizations to the extent applicable thereto; provided that the failure at any one time to maintain Health Care Permits with respect to any three Health Care Facilities owned or leased by one or more Subsidiaries of the Borrower shall not constitute a failure to comply with this Section 5.03(n).
Health Care Permits and Approvals. Take all action reasonably necessary (i) to maintain in full force and effect all Health Care Permits reasonably necessary for the lawful conduct of its business or operations wherever now conducted and as planned to be conducted, including the ownership and operation of the Covered Facilities, pursuant to all applicable laws, of all Governmental Authorities having jurisdiction over any such Loan Party or over any part of its operations; and (ii) to ensure that all of the Covered Facilities owned, leased, managed or operated by any Subsidiary of Borrower are entitled to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent that such Subsidiary has decided to participate in any such program, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto, except (in each case) where a failure to do so could not have a Material Adverse Effect.
Health Care Permits and Approvals. Engage in any activity that --------------------------------- (i) constitutes or, with the passage of time, notice or both, would result in a material default under or violation of, any such Health Care Permit necessary for the lawful conduct of its business or operations; or (ii) constitutes or, with the passage of time, notice or both, would result in the loss by any Health Care Facility owned, leased, managed or operated by any Loan Party of the right to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent that such Loan Party has decided to participate in any such program, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto; in each case except where the loss of such Health Care Permit or rights to participate in or receive payments under such programs would not have a Material Adverse Effect.
Health Care Permits and Approvals. Take all action reasonably necessary to (a) maintain in full force and effect all Health Care Permits reasonably necessary for the lawful conduct of its business or operations where now conducted and as planned to be conducted, including the ownership and operation of its Health Care Facilities (except with respect to Health Care Facilities which may be disposed of during the Case in accordance with this Agreement), pursuant to all Requirements of Law and (b) ensure that all Health Care Facilities (except with respect to Health Care Facilities which may be disposed of during the Case in accordance with this Agreement) owned, leased, managed or operated by the Borrower or any of the Guarantors are entitled to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent the Borrower or any of the Guarantors has decided to participate in any such program, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto, except, in each case, where a failure to do so could not reasonably be expected to have a Material Adverse Effect.
Health Care Permits and Approvals. Engage, or permit any Affiliated Provider to engage, in any activity that (a) is or could reasonably be expected to result in a default under or violation of any Health Care Permit necessary for the lawful conduct of the business or operations of the Borrower, any Subsidiary or any Affiliated Provider or (b) could reasonably be expected to cause the loss by the Borrower, any Subsidiary or any Affiliated Provider of the right to participate in, and receive payment under, any Governmental Program with which it has contracted or in which it has elected to participate, or to receive reimbursement from private and commercial payors and health maintenance organizations, except where the loss of such Health Care Permit(s) or right(s) to participate in or receive payments under such Governmental Programs or from such payors or organizations could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.
Health Care Permits and Approvals. No Credit Party shall (i) fail to maintain in effect all Health Care Permits and Reimbursement Approvals necessary to the operation of its business, or (ii) shall engage in any activity that (a) constitutes or, with the giving of notice, the passage of time, or both, would result in a material violation of, any Health Care Permit necessary for the lawful conduct of its business or operations or (b) constitutes or, with the giving of notice, the passage of time, or both, would result in the loss by any Health Care Facility owned, leased, managed or operated by the Company or any of its Guarantor Subsidiaries of the right to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent that such Credit Party has decided to participate in any such program, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto, in each case under (i) and (ii), except where the loss of such Health Care Permit or rights to participate in or receive payments under such programs could not reasonably be expected to have a Material Adverse Effect.
Health Care Permits and Approvals. Take all action reasonably --------------------------------- necessary to (a) maintain in full force and effect all Health Care Permits reasonably necessary for the lawful conduct of its business or operations where now conducted and as planned to be conducted, including the ownership and operation of its Health Care Facilities, pursuant to all Requirements of Law and (b) to ensure that all Health Care Facilities owned, leased, managed or operated by the Borrower or any of the Guarantors are entitled to participate in, and receive payment under, the appropriate Medicare, Medicaid and related reimbursement programs, and any similar state or local government-sponsored program, to the extent the Borrower or any of the Guarantors has decided to participate in any such program, and to receive reimbursement from private and commercial payers and health maintenance organizations to the extent applicable thereto, except, in each case, where a failure to do so could not reasonably be expected to have a Material Adverse Effect or would not be inconsistent with the Borrower's three-year business plan heretofore delivered to the Agent and the Banks.
Health Care Permits and Approvals. Engage in any activity that (a) constitutes or, with the giving of notice, the passage of time, or both, would result in a material violation of, any Health Care Permit necessary for the lawful conduct of its business or operations or (b) constitutes or, with the giving of notice, the passage of time, or both, would result in the loss by
