Common use of Removal of Certain Guarantees Clause in Contracts

Removal of Certain Guarantees. (a) Removal of Columbia/HCA as Guarantor of LifePoint -------------------------------------------------- Liabilities and Triad Liabilities. Except as otherwise contemplated by the --------------------------------- Restructuring Transactions or as specified in any Ancillary Agreement or on Exhibit F hereto, each of Columbia/HCA, LifePoint and Triad shall use its --------- reasonable efforts to have, on or prior to the Distribution Date, or as soon as practicable thereafter, Columbia/HCA (and, after giving effect to the Restructuring Transactions and the Distribution, any Subsidiary of Columbia/HCA) removed as a guarantor of, or obligor under or for, any LifePoint Group Liability or Triad Group Liability, as the case may be, including, without limitation, in respect of any agreement (or part thereof) assigned to LifePoint or Triad (or, after giving effect to the Restructuring Transactions and the Distribution, any of their respective Subsidiaries) pursuant to Section 2.4 above. -----------

Appears in 2 contracts

Samples: Distribution Agreement (Lifepoint Hospitals LLC), Distribution Agreement (Triad Hospitals LLC)

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Removal of Certain Guarantees. (a) Removal of Columbia/HCA as Guarantor of LifePoint -------------------------------------------------- Liabilities and Triad Liabilities. Except as otherwise contemplated by the --------------------------------- Restructuring Transactions or as specified in any Ancillary Agreement or on Exhibit F I hereto, each of Columbia/HCA, LifePoint and Triad shall use its --------- reasonable efforts to have, on or prior to the Distribution Date, or as soon as practicable thereafter, Columbia/HCA (and, after giving effect to the Restructuring Transactions and the Distribution, any Subsidiary of Columbia/HCA) removed as a guarantor of, or obligor under or for, any LifePoint Group Liability or Triad Group Liability, as the case may be, including, without limitation, in respect of any agreement (or part thereof) assigned to LifePoint or Triad (or, after giving effect to the Restructuring Transactions and the Distribution, any of their respective Subsidiaries) pursuant to Section 2.4 above. -----------.

Appears in 1 contract

Samples: Distribution Agreement (Columbia Hca Healthcare Corp/)

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Removal of Certain Guarantees. (a) Removal of Columbia/HCA as Guarantor of LifePoint -------------------------------------------------- ------------------------------------------------- Liabilities and Triad Liabilities. Except as otherwise contemplated by the --------------------------------- Restructuring Transactions or as specified in any Ancillary Agreement or on Exhibit F I hereto, each of Columbia/HCA, LifePoint and Triad shall use its --------- reasonable efforts to have, on or prior to the Distribution Date, or as soon as practicable thereafter, Columbia/HCA (and, after giving effect to the Restructuring Transactions and the Distribution, any Subsidiary of Columbia/HCA) removed as a guarantor of, or obligor under or for, any LifePoint Group Liability or Triad Group Liability, as the case may be, including, without limitation, in respect of any agreement (or part thereof) assigned to LifePoint or Triad (or, after giving effect to the Restructuring Transactions and the Distribution, any of their respective Subsidiaries) pursuant to Section 2.4 above. -----------

Appears in 1 contract

Samples: Distribution Agreement (Lifepoint Hospitals Inc)

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