Hospital Conditions Clause Samples
The "Hospital Conditions" clause sets out the specific requirements and standards that a hospital must meet to participate in an agreement or provide services. This may include maintaining certain levels of accreditation, adhering to health and safety regulations, or ensuring the availability of qualified medical staff and appropriate facilities. By clearly defining these expectations, the clause helps ensure that the hospital operates at an acceptable standard, thereby protecting patient safety and ensuring quality of care.
Hospital Conditions. (a) The execution and delivery of the Implementing Agreements by Hospital on the Financial Close Target Date is conditional upon the following:
(i) (A) Hospital is satisfied, acting reasonably, with the forms of any Implementing Agreements other than those attached as Schedules to this Project Agreement, and
Hospital Conditions. (a) The execution and delivery of the Implementing Agreements by Hospital on the Financial Close Target Date is conditional upon the following:
(i) Hospital is satisfied, acting reasonably, with any changes to the attached forms of the Implementing Agreements and with the forms of any other Implementing Agreements and the Implementing Agreements are executed and delivered to Hospital by Project Co, Contractor and Lender, as applicable;
(ii) Hospital has received from each of the Contracting Parties a bring-down certificate confirming that their respective representations and warranties in Section 3.1 continue to be true and correct in all material respects;
(iii) Hospital is satisfied, acting reasonably, that the Financing is in place and the Lending Agreements have been executed and delivered by Contracting Parties and ▇▇▇▇▇▇;
(iv) Hospital has received delivery of bonds required under the Construction Contract with Hospital as obligee, and the performance bond shall include a multiple obligee rider substantially to the effect set forth in Schedule 4 and evidence of the insurance to be provided under the Construction Contract;
(v) Hospital is satisfied that all conditions and requirements of any Governmental Authority required to allow construction of the Project to proceed including all building permits (other than those the Contractor is required to obtain under the Construction Contract) have been or, in Hospital’s reasonable determination, can be obtained without any material delay to the initiation of and the progress of construction of the Project by Contractor; and
(vi) Hospital has received the final approval from MOHLTC to proceed with the Project and to enter into the Implementing Agreements in form and in substance satisfactory to Hospital in its sole and absolute discretion. (collectively, the “Hospital Conditions”). The Hospital Conditions are for the sole benefit of Hospital and may be waived in whole or in part by Hospital by written notice to Contracting Parties on or before the Financial Close Target Date.
(b) Subject to Section 2.4(a), if Hospital has not satisfied or waived the Hospital Conditions, then the Hospital may terminate this Agreement and promptly return the Bid Security to the Project Co and neither Hospital nor Contracting Parties shall be liable to the other for any other damages, costs or losses resulting from the termination of this Agreement or for any expenses or costs incurred prior to or after the date of termination ...