Common use of Primary Licenses Clause in Contracts

Primary Licenses. With respect to any Borrowing Base Asset or Person operating all or a portion of such Borrowing Base Asset, as the case may be, the CON, permit or license to operate as a medical office, acute surgery center, long-term care center, hospital or other health care facility, as the case may be, and each Medicaid/Medicare/TRICARE provider agreement, if applicable. Property Manager. A nationally or regionally recognized manager of Medical Properties approved by Agent, such approval to not be unreasonably withheld.

Appears in 3 contracts

Samples: Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

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Primary Licenses. With respect to any Borrowing Base Asset Property or Person operating all or a portion of such Borrowing Base AssetProperty, as the case may be, the CON, permit or license to operate as a medical office, acute surgery center, long-term care center, hospital office or other health care or seniors housing facility, as the case may be, and each Medicaid/Medicare/TRICARE provider agreement, if applicable. Property ManagerProject Approvals. A nationally or regionally recognized manager of Medical Properties approved by Agent, such approval to not be unreasonably withheldSee §6.22(a)(v).

Appears in 1 contract

Samples: Management Agreement (New Senior Investment Group Inc.)

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Primary Licenses. With respect to any Mortgaged Property which is a Borrowing Base Asset or Person operating all or a portion of such Borrowing Base Asset, as the case may bethereof, the CON, permit or license to operate as a medical office, acute surgery center, long-term care center, hospital or other health care facility, as the case may be, and each Medicaid/Medicare/TRICARE provider agreement, if applicable. Property Manager. A nationally or regionally recognized manager of Medical Properties approved by Agent, such approval to not be unreasonably withheld.

Appears in 1 contract

Samples: Credit Agreement (NorthStar Healthcare Income, Inc.)

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