Joint Venture Partnerships Sample Clauses

Joint Venture Partnerships. Subject to Section 11.9, all of Sellers’ equity interests in the Joint Venture Partnerships described in Schedule 2.1.7 attached hereto.
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Joint Venture Partnerships. (a) Prior to the date of this agreement, Seller has acquired the business and all or substantially all of the assets of each of the Imaging Partnerships. As of the date of such acquisition, (i) each physician partner of the Imaging Partnerships was duly licensed to practice medicine in the State of Texas and either board certified or board eligible in the medical specialty of radiology and (ii) all services and procedures provided at the imaging centers operated by the Imaging Partnerships consisted of diagnostic radiology procedures, not interventional imaging procedures constituting “designated health services” under the Xxxxx law (42 U.S.C. § 1395nn) and regulations promulgated thereunder, and were at all times provided in accordance with applicable Legal Requirements relating to claims payment with respect to any federal or state health care program or private insurer, including the federal anti-kickback statute (42 U.S.C. § 1320a-7b(b)), the Xxxxx law, and regulations promulgated thereunder. (b) Seller has previously made available to Buyer a complete and accurate list of each Person who owns or holds, beneficially or of record, any equity or other ownership interest in VBOA ASC Partners, L.P., together with such Person’s class and percentage interests in the partnership and the number of units owned or held. All limited partnership interests in VBOA ASC Partners, L.P. were issued pursuant to exemptions from the Securities Act of 1933, as amended, and regulations thereunder, are duly authorized, validly issued, fully paid and non-assessable. All services and procedures provided at the surgery center operated by VBOA ASC Partners, L.P. are and at all times have been provided in accordance with applicable Legal Requirements relating to claims payment with respect to any federal or state health care program or private insurer, including the federal anti-kickback statute (42 U.S.C. § 1320a-7b(b)), and the Xxxxx law (42 U.S.C. § 1395nn), and regulations promulgated thereunder. The surgery center was organized and is operated by VBOA ASC Partners, L.P. in a manner that is intended to comply with the final safe harbor for investments published on November 19, 1999, by the Office of the Inspector General of the Department of Health and Human Services. With respect to VBOA ASC Partners, L.P., physician investors were chosen from the community without regard to the volume or value of potential referrals. No Transferring Subsidiary’s capital contribution to VBOA...
Sample 1
Joint Venture Partnerships. 1. Dolington Land LP, a Pennsylvania limited partnership (66 2/3% owned)
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Related to Joint Venture Partnerships

  • Partnerships and Joint Ventures No Loan Party shall become a general partner in any general or limited partnership or a joint venturer in any joint venture.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • Joint Ventures The joint venture or partnership arrangements in which the Company or the Partnership is a co-venturer or general partner which are established to acquire or hold Assets.

  • Subsidiaries, Partnerships and Joint Ventures Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to own or create directly or indirectly any Subsidiaries other than (i) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date; and (ii) any Domestic Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, and, to the extent not resulting in material adverse tax consequences, any Foreign Subsidiary formed or acquired after the Closing Date which joins this Agreement as a Borrower or as a Guarantor, in each case by delivering to the Administrative Agent (A) a signed Borrower Joinder or Guarantor Joinder, as appropriate; (B) documents in the forms described in Section 6.1 [First Loans] modified as appropriate; (C) documents necessary to grant and perfect the Prior Security Interests to the Administrative Agent for the benefit of the Lenders in the equity interests of, and Collateral held by, such Subsidiary; and (D) such diligence materials in respect of such Subsidiary (including, without limitation, “know your customer”, liens, ERISA and labor matters) as the Administrative Agent shall reasonably request. Each of the Loan Parties shall not become or agree to become a party to a Joint Venture other than Permitted Investments and other investments permitted pursuant to Section 7.2.4 [Loans and Investments]. For purposes of clarity, any Subsidiary organized under the laws of Canada or any political subdivision thereof that is formed or acquired by the Canadian Borrower after the Closing Date shall join this Agreement as a Guarantor of the Canadian Liabilities in accordance with the terms of this Section 7.2.9.

  • Partnerships If Contractor is an association, partnership, or other joint business venture, the basic coverage may be provided by either (i) separate insurance policies issued for each individual entity, with each entity included as a named insured or as an additional insured; or (ii) joint insurance program with the association, partnership, or other joint business venture included as a named insured.

  • Partnerships, Etc To enter into joint ventures, general or limited partnerships and any other combinations or associations;

  • No Joint Venture or Partnership Borrower and Lender intend that the relationship created hereunder be solely that of borrower and lender. Nothing herein is intended to create a joint venture, partnership, tenancy-in-common, or joint tenancy relationship between Borrower and Lender nor to grant Lender any interest in the Collateral other than that of secured party, mortgagee or lender.

  • Joint Venture Nothing contained in the Agreement shall be construed as creating a joint venture, partnership, agency or employment relationship between Plan and Controlled Affiliate or between either and BCBSA.

  • Joint Venture, Consortium or Association 6.1 If the Supplier is a joint venture, consortium, or association, all of the parties shall be jointly and severally liable to the Procuring Entity for the fulfilment of the provisions of the Contract and shall designate one member of the joint venture, consortium, or association to act as a leader with authority to bind the joint venture, consortium, or association. The composition or the constitution of the joint venture, consortium, or association shall not be altered without the prior written consent of the Procuring Entity.

  • Partnership Name The name of the Partnership is “OZ Advisors II LP.” The name of the Partnership may be changed from time to time by the General Partner.