Common use of Health Care Permits and Approvals Clause in Contracts

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. 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 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 one or more Subsidiaries of the Borrower shall not constitute a failure to comply with this Section 5.03(n5.03(m).

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 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 one or more Subsidiaries of the Borrower any Filing Subsidiary shall not constitute a failure to comply with this Section 5.03(n6.02(n).