Common use of Review Prior to Termination of Service or Program Clause in Contracts

Review Prior to Termination of Service or Program. During the Term, Lessee shall give Lessor prior written notice of any proposed termination or material reduction of a core Hospital program or service set forth on Schedule 13.3 attached hereto (“Core Services”). Before giving such notice, Lessee shall consult with the Medical Staff and Local Governing Board regarding the proposed termination or material reduction. Within ninety (90) days after receiving such notice, Lessor shall have the right to hold one or more noticed public meetings at which the public and Lessor’s Board of Directors shall have an opportunity to comment on such termination or material reduction of Core Services. A representative of Lessee shall attend such public meeting(s). After the public meeting(s), Xxxxxx’s board of directors shall then consider and make the final decision regarding the proposed termination or material reduction, and so notify Lessor’s board in writing. If Lessee proposes any termination or material reduction of Core Services due to financial infeasibility or hardship, Lessee shall submit with its written notice to Lessor either an analysis and report regarding the financial aspects of such Core Service or the continued availability of such Core Service elsewhere in the community served by District (other than at JFK).

Appears in 2 contracts

Samples: Hospital Lease Purchase Agreement, Hospital Lease Purchase Agreement

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Review Prior to Termination of Service or Program. During the Termterm of this Agreement, Lessee shall give Lessor prior written notice of any proposed termination or material reduction of a core Hospital program or service set forth on Schedule 13.3 attached hereto (“Core Services”). Before giving such notice, Lessee shall consult with the Medical Staff and Local Governing Board regarding the proposed termination or material reduction. Within ninety (90) days after receiving such notice, Lessor shall have the right to hold one or more noticed public meetings at which the public and Lessor’s Board of Directors shall have an opportunity to comment on such termination or material reduction of Core Services. A representative of Lessee shall attend such public meeting(s). After the public meeting(s), Xxxxxx’s board of directors shall then consider and make the final decision regarding the proposed termination or material reduction, and so notify Lessor’s board in writing. If Lessee proposes any termination or material reduction of Core Services due to financial infeasibility or hardship, Lessee shall submit with its written notice to Lessor either an analysis and report regarding the financial aspects of such Core Service or the continued availability of such Core Service elsewhere in the community served by District (other than at JFK).

Appears in 2 contracts

Samples: Hospital Lease Purchase Agreement, Hospital Lease Purchase Agreement

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