Examples of Competing Facility in a sentence
For purposes of this Section 2, any hospital or other healthcare facility described above that is located outside of the Protected Area will nevertheless be deemed to be a Competing Facility under the following circumstances if such healthcare facility shares its operating license or other Authorization required for the facility’s business operation with a Competing Facility.
During the period commencing on the Effective Date and expiring on the expiration or termination of this Lease, the Restricted Parties shall not, either directly or indirectly (formally or informally): (a) own, develop, lease, operate, finance, manage, invest in, control, conduct, or engage in any business that is not a Competing Facility without complying with the terms and provisions of the Right of First Offer/Refusal Agreement to the extent applicable.
Notwithstanding the preceding, with respect to a Restricted Party’s engaging in any of the foregoing activities with respect to a Competing Facility that is a freestanding diagnostic imaging center or free-standing emergency department, Landlord’s consent shall not be unreasonably delayed or withheld following the Restricted Party’s presentation of information that such Competing Facility is intended to enhance a Facility’s business and not to reduce or diminish the operations of a Facility.
Notwithstanding anything to the contrary, any Competing Facility owned by a Restricted Party or that the Restricted Party is in the process of acquiring as set forth in Attachment A to this Exhibit G, shall not be deemed a Competing Facility.