Entity wholly owned definition

Entity wholly owned means a proprietorship, group
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Entity wholly owned means a proprietorship, group practice, partnership, or corporation that provides health care services rendered by licensed health care practitioners and in which licensed health care practitioners are the business owners of all aspects of the business entity, including, but not limited to, being reflected as the business owners on the title or lease of the physical facility, filing taxes as the business owners, being account holders on the entity’s bank account, being listed as the principals on all incorporation documents required by this state, and having ultimate authority over all personnel and compensation decisions relating to the entity. However, this definition does not apply to an entity that is wholly owned, directly or indirectly, by a hospital licensed under chapter 395.
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Entity wholly owned means a proprietorship, group practice, partnership, or corporation that provides health care services rendered by licensed health care practitioners and in which licensed health care practitioners are the business owners of all aspects of the business entity, including, but not limited to, being reflected as the business owners on the title or lease of the physical facility, filing taxes as the business owners, being account holders on the entity’s bank account, being listed as the principals on all incorporation documents required by this state, and having ultimate authority over all personnel and compensation decisions relating to the entity. However, this definition does not apply to an entity that is wholly owned, directly or indirectly, by a hospital licensed under chapter 395, Florida Statutes.
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Examples of Entity wholly owned in a sentence

  • The NFFE is a government (other than the U.S. government), a political subdivision of such government (which, for the avoidance of doubt, includes a state, province, county, or municipality), or a public body performing a function of such government or a political subdivision thereof, a government of a U.S. Territory, an international organization, a non-U.S. central bank of issue, or an Entity wholly owned by one or more of the foregoing.

  • Each Borrower is a Special Purpose Entity wholly owned by Parent Borrower.

  • Parent Borrower is a Special Purpose Entity wholly owned by Parent SPE.

  • Prior to the Closing, SBC shall cause the SBC Companies and certain Subsidiaries of the SBC Companies, respectively, to distribute the Arkansas Assets and the Arkansas Liabilities, and the Pittsburgh Assets and the Pittsburgh Liabilities to a separate Entity wholly owned by SBC or a Subsidiary of SBC (the "SBC Additional Subsidiary").

  • Each Eligible REO Entity is a Special Purpose Entity wholly owned by Borrower.

  • Parent SPE is a Special Purpose Entity wholly owned by Offerpad Holdings LLC.

  • Parent SPE is a Special Purpose Entity wholly owned by Guarantor.

  • Each Eligible Property Owner is a Special Purpose Entity wholly owned by Borrower.

  • During the continuance of an Event of Default, Lender shall have the right to require Borrower to transfer the Property to a newly formed Delaware single member limited liability company that is a Special Purpose Bankruptcy Remote Entity, wholly owned by such mezzanine borrowers as Mezzanine Loan Lender may require, such that the Property is no longer subject to a tenancy in common structure.

  • Participation Seller is a Special Purpose Entity wholly owned directly by United Shore.

Related to Entity wholly owned

  • Wholly-Owned means, with respect to a Subsidiary of a Person, a Subsidiary of such Person all of the outstanding Equity Interests of which (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such Person and/or by one or more wholly owned Subsidiaries of such Person.

  • Non-Wholly Owned Subsidiary means, as to any Person, each Subsidiary of such Person which is not a Wholly-Owned Subsidiary of such Person.

  • Wholly Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • Wholly Owned Subsidiary of any Person means a Subsidiary of such Person all of the outstanding Capital Stock or other ownership interests of which (other than directors' qualifying shares) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such Person or by such Person and one or more Wholly Owned Subsidiaries of such Person.

  • Wholly Owned Domestic Subsidiary means a Wholly Owned Subsidiary that is also a Domestic Subsidiary.