Common use of Health Care Permits and Approvals Clause in Contracts

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.

Appears in 1 contract

Samples: Loan Agreement (American Retirement Corp)

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Health Care Permits and Approvals. Take all action reasonably --------------------------------- necessary to (ia) to maintain in full force and effect all Health Care Permits reasonably necessary for the lawful conduct of its business or operations wherever where now conducted and as planned to be conducted, including the ownership and operation of the Covered its Health Care Facilities, pursuant to all applicable laws, Requirements of all Governmental Authorities having jurisdiction over any such Loan Party or over any part of its operations; Law and (iib) to ensure that all of the Covered Health Care Facilities owned, leased, managed or operated by the Borrower or any Subsidiary of Borrower its Subsidiaries 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 the Borrower or any of its Subsidiaries 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 (except, in each case) , where a failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Paragon Health Network Inc

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 its Health Care 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 Health Care Facilities owned, leased, managed or operated by any Subsidiary of Borrower Loan Party 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 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, except (in each case) where a failure to do so could would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Grancare Inc)

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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.

Appears in 1 contract

Samples: Loan Agreement (American Retirement Corp)

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