Medical Properties Clause Samples

The Medical Properties clause defines the specific medical characteristics, standards, or requirements that a property must meet within the context of a contract or agreement. This may include stipulations regarding the facility's compliance with healthcare regulations, the presence of specialized medical equipment, or suitability for medical use, such as clinics or hospitals. By clearly outlining these requirements, the clause ensures that the property is fit for its intended medical purpose and helps prevent disputes over compliance or suitability for healthcare operations.
Medical Properties. Any of the Pool Properties that is a Medical Asset.
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Medical Properties. Any of the Mortgaged Properties that is a Medical Asset.
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Medical Properties. Specialty medical office properties of a type, size and use consistent with those owned by Borrower and its Subsidiaries as of the date of this Agreement. Multiemployer Plan. Any multiemployer plan within the meaning of Section 3(37) of ERISA maintained or contributed to by the Borrower, the Guarantor or any ERISA Affiliate. Net Income (or Deficit). With respect to any Person for any fiscal period, the net income (or deficit) of such Person, after deduction of all expenses, taxes and other proper charges, determined in accordance with generally accepted accounting principles.
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Related to Medical Properties

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Access to Properties Subject to the rights of Tenants, Borrower shall permit agents, representatives and employees of Lender to inspect the Properties or any part thereof at reasonable hours upon reasonable advance notice.

  • The Properties Attached hereto as Schedule I is the description of certain Land (the "Subject Property"). Effective upon the execution and delivery of this Lease Supplement by Lessor and Lessee, such Land, together with any Building and other improvements thereon or which thereafter may be constructed thereon shall be subject to the terms and provisions of the Lease and Lessor hereby grants, conveys, transfers and assigns to the Related Lessee those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Property.

  • Projects There shall be a thirty (30) km free zone around the projects excluding the Metro Vancouver Area. For local residents, kilometers shall be paid from the boundary of the free zone around the project. Workers employed by any contractor within an identified free zone who resides outside of that same free zone will be paid according to the Kilometer Chart from the project to their residence less thirty

  • Operations and Properties Borrower shall, and shall cause each of its Subsidiaries to, act prudently and in accordance with customary industry standards in managing or operating its assets, properties, business and investments. Borrower shall, and shall cause each of its Subsidiaries to, keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.