Common use of OTA Clause in Contracts

OTA. Existing Operator and Purchaser (or its designee) shall have entered into the OTA, the OTA shall be in full force and effect, and the consummation of the transactions contemplated by the OTA shall occur simultaneously with the Closing under this Agreement.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Global Healthcare Reit, Inc.)

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OTA. Existing Operator Seller and Purchaser (or its designee) shall have entered into the OTA, the OTA shall be in full force and effect, and the consummation of the transactions contemplated by the OTA shall occur simultaneously with the Closing under this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

OTA. Existing Operator Seller and Purchaser (or its designee) shall have entered into the OTAOTAs, the OTA OTAs shall be in full force and effect, and the consummation of the transactions contemplated by the OTA OTAs shall occur simultaneously with the Closing under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

OTA. Existing Operator Sellers and Purchaser (or its designee) shall have entered into the OTAOTAs, the OTA OTAs shall be in full force and effect, and the consummation of the transactions contemplated by the OTA OTAs shall occur simultaneously with the Closing under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

OTA. Existing Operator The Operators and Purchaser (or its designee) shall have entered into the OTAOTAs, the OTA OTAs shall be in full force and effect, and the consummation of the transactions contemplated by the OTA OTAs shall occur simultaneously with the Closing under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

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OTA. Existing Operator and Purchaser The Receiver (or its designee) shall have entered into the OTAOTAs, the OTA OTAs shall be in full force and effect, and the consummation of the transactions contemplated by the OTA OTAs shall occur simultaneously with the Closing under this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Adcare Health Systems Inc)

OTA. Existing Operator and Purchaser (or its designee) shall have entered into the OTA, the OTA shall be in full force and effect, and the consummation of the transactions contemplated by the OTA shall occur simultaneously with the Closing under this Agreement.. HNZW/482102_1.doc (Mountain View)/4232-13

Appears in 1 contract

Samples: Purchase and Sale Agreement (Global Healthcare Reit, Inc.)

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