Common use of Health Care Permits and Approvals Clause in Contracts

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).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Integrated Health Services Inc), Revolving Credit Agreement (Integrated Health Services Inc)

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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 payers and health maintenance organizations to the extent applicable thereto; provided provided, that the failure at any one time to maintain Health Care Permits with respect to any three seven Health Care Facilities owned or leased by any one or more Filing Subsidiaries of the Borrower shall not constitute a failure to comply with this Section 5.02(k6.01(k).

Appears in 1 contract

Samples: Credit Agreement (Integrated Health Services Inc)

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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 payers 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 seven 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).

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Integrated Health Services Inc)

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