PURCHASE AND SALE AGREEMENT by and among UNIVERSITY GENERAL HEALTH SYSTEM, INC., UGHS AUTIMIS BILLING, INC., UGHS AUTIMIS CODING, INC., UGHS ER SERVICES, INC., UGHS HOSPITALS, INC., UGHS MANAGEMENT SERVICES, INC., UGHS SUPPORT SERVICES, INC.,...Purchase and Sale Agreement • November 10th, 2015 • Foundation Healthcare, Inc. • Services-specialty outpatient facilities, nec • Texas
Contract Type FiledNovember 10th, 2015 Company Industry JurisdictionThis PURCHASE AND SALE AGREEMENT (this “Agreement”) is dated as of November 6, 2015, by and among Foundation Surgical Hospital Holdings, LLC, a Nevada limited liability company, or an Affiliate to which this Agreement is assigned in accordance with its terms (“Buyer”), and University General Health System, Inc., a Nevada corporation (“Seller Parent”), UGHS Autimis Billing, Inc., a Texas corporation, UGHS Autimis Coding, Inc., a Texas corporation, UGHS ER Services, Inc., a Texas corporation, UGHS Hospitals, Inc., a Texas corporation, UGHS Management Services, Inc., a Texas corporation, UGHS Support Services, Inc., a Texas corporation, University Hospital Systems, LLP, a Delaware limited liability partnership, and University General Hospital, LP, a Texas limited partnership (“Hospital LP”) (singly, “Debtor” and collectively, “Debtors”). Buyer and Debtors are sometimes referred to collectively herein as the “Parties” and singly as a “Party.”