Licenses and Operation Transfer Agreements. Upon the expiration or earlier termination of the Term, Tenant shall use its best efforts to transfer to Landlord or Landlord’s nominee the Premises in a fully operational condition and shall cooperate with Landlord or Landlord’s designee or nominee in connection with the processing by Landlord or Landlord’s designee or nominee of any applications for all licenses, operating permits and other governmental authorization, all contracts, including contracts with governmental or quasi-governmental entities, business records, data, patient records, and patient trust accounts, which may be necessary or useful for the operation of the Premises; provided that the costs and expenses of any such transfer or the processing of any such application shall be paid by Landlord or Landlord’s designee or nominee. Tenant shall not permit or commit any act or be remiss in the undertaking of any act that would jeopardize the licensure or certification of the Premises, and Tenant shall comply (and shall cause Subtenants to comply) with all reasonable requests for an orderly transfer of the same upon the expiration or early termination of the Term. Without limiting the generality of the foregoing, if requested by Landlord or a proposed replacement operator for the Premises, Tenant hereby agrees to cause Subtenants to enter into a reasonable operations transfer agreements with such replacement operators as is customary in the transfer to a new operator of the operations of a facility similar to the Premises. Tenant shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of the Premises prior to the time that such replacement operator holds all licenses and permits from all applicable governmental authorities with jurisdiction necessary to operate the Premises for their Primary Intended Use. In addition, upon request, Tenant shall promptly cause Subtenants to deliver copies of all books and records relating to the Premises and operations thereon to Landlord or Landlord’s designee or nominee. Tenant shall indemnify, defend, protect and hold harmless Landlord from and against any loss, damage, cost or expense incurred by Landlord or Landlord’s designee or nominee in connection with the correction of any and all deficiencies of a physical nature identified by any governmental authority responsible for licensing the Premises in the course of any change of ownership inspection and audit.
Appears in 2 contracts
Samples: Lease (Global Medical REIT Inc.), Lease (Global Medical REIT Inc.)
Licenses and Operation Transfer Agreements. Upon the expiration or earlier termination of the TermTerm (unless the Premises has been purchased by Tenant), Tenant shall use its best efforts to transfer to Landlord or Landlord’s nominee the Premises in a fully operational condition and shall cooperate with Landlord or Landlord’s designee or nominee in connection with the processing by Landlord or Landlord’s designee or nominee of any applications for all licenses, operating permits and other governmental authorization, all contracts, including contracts with governmental or quasi-governmental entities, business records, data, patient records, and patient trust accounts, which may be necessary or useful for the operation of the Premises; provided that the costs and expenses of any such transfer or the processing of any such application shall be paid by Landlord or Landlord’s designee or nominee. Tenant shall not permit or commit any act or be remiss in the undertaking of any act that would jeopardize the licensure or certification of the Premises, and Tenant shall comply (and shall cause Subtenants to comply) with all reasonable requests for an orderly transfer of the same upon the expiration or early termination of the Term. Without limiting the generality of the foregoing, if requested by Landlord or a proposed replacement operator for the Premises, Tenant hereby agrees to cause Subtenants to enter into a reasonable operations transfer agreements agreement with such replacement operators operator as is customary in the transfer to a new operator of the operations of a facility similar to the Premises. Tenant shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of the Premises prior to the time that such replacement operator holds all licenses and permits from all applicable governmental authorities with jurisdiction necessary to operate the Premises for their Primary Intended Use. In addition, upon request, Tenant shall promptly cause Subtenants to deliver copies of all books and records relating to the Premises and operations thereon to Landlord or Landlord’s designee or nominee. Tenant shall indemnify, defend, protect and hold harmless Landlord from and against any loss, damage, cost or expense incurred by Landlord or Landlord’s designee or nominee in connection with the correction of any and all deficiencies of a physical nature identified by any governmental authority responsible for licensing the Premises in the course of any change of ownership inspection and audit.
Appears in 2 contracts
Samples: Lease (Global Medical REIT Inc.), Lease (First Choice Healthcare Solutions, Inc.)
Licenses and Operation Transfer Agreements. Upon the expiration or earlier termination of the TermTerm with respect to any Facility, Tenant Lessee shall use its best efforts to transfer to Landlord Lessor or LandlordLessor’s nominee the Premises in a fully operational condition Facility and shall cooperate with Landlord Lessor or LandlordLessor’s designee or nominee in connection with the processing by Landlord Lessor or LandlordLessor’s designee or nominee of any applications for all licenses, operating permits and other governmental authorization, all contracts, including contracts with governmental or quasi-governmental entities, business records, data, patient and resident records, and patient and resident trust accounts, which may be necessary or useful for the operation of the Premisessuch Facility; provided that the costs and expenses of any such transfer or the processing of any such application shall be paid by Landlord Lessor or LandlordLessor’s designee or nominee. Tenant Lessee shall not permit or commit any act or be remiss in the undertaking of any act that would jeopardize the licensure or certification of the Premisessuch Facility, and Tenant Lessee shall comply (and shall cause Subtenants to comply) with all reasonable requests for an orderly transfer of the same upon the expiration or early termination of the TermTerm applicable to such Facility. Without limiting the generality of the foregoing, if the following shall apply: (a) If requested by Landlord Lessor or a proposed replacement operator for the Premisessuch Facility, Tenant Lessee hereby agrees to cause Subtenants to enter into a reasonable operations transfer agreements agreement with such replacement operators operator as is customary in the transfer to a new operator of the operations of a facility similar to the Premisessuch Facility. Tenant Lessee shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of the Premises such Facility prior to the time that such replacement operator holds all licenses and permits from all applicable governmental authorities with jurisdiction necessary to operate the Premises such Facility for their its Primary Intended Use. (b) If requested by Lessor, Lessee shall, subject to compliance with all applicable Legal Requirements, continue to manage one or more Facilities after the termination of this Lease and for so long thereafter as is necessary for Lessor or Lessor’s designee or nominee to obtain all necessary licenses, operating permits and other governmental authorizations, on such reasonable terms (which shall include an agreement to reimburse Lessee for its reasonable out-of-pocket costs and expenses and reasonable and administrative costs) as Lessor shall request. In addition, upon request, Tenant Lessee shall promptly cause Subtenants to deliver copies of all books and records relating to the Premises Leased Property of such Facility and all Capital Additions thereto and operations thereon to Landlord Lessor or LandlordLessor’s designee or nominee. Tenant Lessee shall indemnify, defend, protect and hold harmless Landlord Lessor from and against any loss, damage, cost or expense reasonably incurred by Landlord Lessor or LandlordLessor’s designee or nominee in connection with the correction of any and all deficiencies of a physical nature identified by any governmental authority responsible for licensing the Premises Leased Property of any Facility and all Capital Additions thereon in the course of any change of ownership inspection and audit.
Appears in 1 contract
Samples: Master Lease Agreement
Licenses and Operation Transfer Agreements. Upon the expiration or earlier termination of the TermTerm (unless the Premises has been purchased by Tenant), Tenant shall use its best efforts to transfer to Landlord or Landlord’s nominee the Premises in a fully operational condition and shall cooperate with Landlord or Landlord’s designee or nominee in connection with the processing by Landlord or Landlord’s designee or nominee of any applications for all licenses, operating permits and other governmental authorization, all contracts, including contracts with governmental or quasi-governmental entities, business records, data, [patient and resident] records, and [patient and resident] trust accounts, which may be necessary or useful for the operation of the Premises; provided that the costs and expenses of any such transfer or the processing of any such application shall be paid by Landlord or Landlord’s designee or nominee. Tenant shall not permit or commit any act or be remiss in the undertaking of any act that would jeopardize the licensure or certification of the Premises, and Tenant shall comply (and shall cause Subtenants to comply) with all reasonable requests for an orderly transfer of the same upon the expiration or early termination of the Term. Without limiting the generality of the foregoing, if requested by Landlord or a proposed replacement operator for the Premises, Tenant hereby agrees to cause Subtenants to enter into a reasonable operations transfer agreements agreement with such replacement operators operator as is customary in the transfer to a new operator of the operations of a facility similar to the Premises. Tenant shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of the Premises prior to the time that such replacement operator holds all licenses and permits from all applicable governmental authorities with jurisdiction necessary to operate the Premises for their Primary Intended Use. In addition, upon request, Tenant shall promptly cause Subtenants to deliver copies of all books and records relating to the Premises and operations thereon to Landlord or Landlord’s designee or nominee. Tenant shall indemnify, defend, protect and hold harmless Landlord from and against any loss, damage, cost or expense incurred by Landlord or Landlord’s designee or nominee in connection with the correction of any and all deficiencies of a physical nature identified by any governmental authority responsible for licensing the Premises in the course of any change of ownership inspection and audit.
Appears in 1 contract
Samples: Lease (Global Medical REIT Inc.)
Licenses and Operation Transfer Agreements. Upon the expiration or earlier termination of the TermTerm applicable to any Facility, Tenant Lessee shall use its best efforts to transfer to Landlord Lessor or Landlord’s Lessor's nominee the Premises such Facility in a fully operational condition and shall cooperate with Landlord Lessor or Landlord’s Lessor's designee or nominee in connection with the processing by Landlord Lessor or Landlord’s Lessor's designee or nominee of any applications for all licenses, operating permits and other governmental authorization, all contracts, including contracts with governmental or quasi-governmental entities, business records, data, patient and resident records, and patient and resident trust accounts, which may be necessary or useful for the operation of the Premisessuch Facility; provided that the costs and expenses of any such transfer or the processing of any such application shall be paid by Landlord Lessor or Landlord’s Lessor's designee or nominee. Tenant Lessee shall not permit or commit any act or be remiss in the undertaking of any act that would jeopardize the licensure or certification of the Premisessuch Facility, and Tenant Lessee shall comply (and shall cause Subtenants to comply) with all reasonable requests for an orderly transfer of the same upon the expiration or early termination of the TermTerm applicable to such Facility. Without limiting the generality of the foregoing, if requested by Landlord Lessor or a proposed replacement operator for the Premisessuch Facility, Tenant Lessee hereby agrees to cause Subtenants to enter into a reasonable operations transfer agreements agreement with such replacement operators operator as is customary in the transfer to a new operator of the operations of a facility similar to the Premisessuch Facility. Tenant Lessee shall not unreasonably withhold, condition or delay its consent to entering into any interim subleases or management agreements as may be necessary to effectuate an early transfer of the operations of the Premises such Facility prior to the time that such replacement operator holds all licenses and permits from all applicable governmental authorities with jurisdiction necessary to operate the Premises such Facility for their its Primary Intended Use. In addition, upon request, Tenant Lessee shall promptly cause Subtenants to deliver copies of all books and records relating to the Premises Leased Property and all Capital Additions of such Facility and operations thereon to Landlord Lessor or Landlord’s Lessor's designee or nominee. Tenant Lessee shall indemnify, defend, protect and hold harmless Landlord Lessor from and against any loss, damage, cost or expense incurred by Landlord Lessor or Landlord’s Lessor's designee or nominee in connection with the correction of any and all deficiencies of a physical nature identified by any governmental authority responsible for licensing the Premises Leased Property and all Capital Additions in the course of any change of ownership inspection and audit.
Appears in 1 contract
Samples: Master Lease (Ensign Group, Inc)