Healthcare Related Business definition

Healthcare Related Business means a business, the majority of whose revenues result from healthcare, long-term care, or managed care related businesses or facilities, including businesses which provide insurance relating to the costs of healthcare, long-term care or managed care services.
Sample 1Sample 2Sample 3
Healthcare Related Business means any businesses related to the owning, operating or managing of Healthcare Facilities (including any businesses related thereto) and any business that is a natural outgrowth or reasonable extension of any such business or is similar, reasonably related, incidental, complementary or ancillary to any of the foregoing or any business that in the Borrower’s good faith business judgment constitutes a reasonable diversification of business conducted by the Borrower and its Subsidiaries.
Sample 1Sample 2Sample 3
Healthcare Related Business means any business conducted by the Company and its Subsidiaries as providers of post-acute health care services as of the Issue Date and any and all healthcare service businesses that are related thereto including the following principal areas: (a) inpatient services at skilled nursing and assisted living facilities, (b) long-term acute-care hospitals, (c) pharmaceutical product distribution and services businesses acquired as part of any other Healthcare Related Business; provided, however, that such pharmaceutical product distribution and services businesses shall not constitute the primary business of the acquired Heathcare Related Business and (d) any other business determined by the Company's Board of Directors, in good faith, to be reasonably related to the foregoing.
Sample 1Sample 2

Examples of Healthcare Related Business in a sentence

  • The Company will not, and will not permit any of its Subsidiaries to, engage in any business other than any Healthcare Related Business or any other business determined by the Company's Board of Directors, in good faith, to be reasonably related to the foregoing.

  • Within 360 days after the receipt of any Net Proceeds from an Asset Sale, the Company may apply such Net Proceeds, at its option, (a) to repay Senior Debt, or (b) to the acquisition of a majority of the assets of, or a majority of the Voting Stock of a Healthcare Related Business, the making of a capital expenditure or the acquisition of other long-term assets for use in a Healthcare Related Business.

  • The Company will not, and will not permit any of its Subsidiaries to, engage in any business other than any Healthcare Related Business.


More Definitions of Healthcare Related Business

Healthcare Related Business means a business, at least a majority of whose revenues result from pharmacy, healthcare, long-term care, physical therapy or assisted living related businesses or facilities.
Sample 1Sample 2
Healthcare Related Business means any business conducted by the Company and its Subsidiaries as providers of post-acute health care services as of the Issue Date and any and all healthcare service businesses that are related thereto including the following principal areas: (a) inpatient services at skilled nursing and assisted living facilities, (b) long-term acute-care hospitals and (c) pharmaceutical product distribution and services acquired in relation to any other Healthcare Related Business; provided, however, that the Company shall use commercially reasonable efforts to divest itself of such pharmaceutical product distribution and services within one year from the date on which it is acquired.
Sample 1

Related to Healthcare Related Business

  • Related Business means any business that is related, ancillary or complementary to the businesses of the Company and the Restricted Subsidiaries on the Issue Date.

  • regulated business means a business which is required to be licensed under one or other of the regulatory laws;

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Restricted Business has the meaning set forth in Section 6.7(a).

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Qualified business means an eligible business that:

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Certified business means a business verified as a minority- or women-owned business enterprise pursuant to Section 314 of the Executive Law.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Permitted Business means any business similar in nature to any business conducted by the Company and the Restricted Subsidiaries on the Issue Date and any business reasonably ancillary, incidental, complementary or related to, or a reasonable extension, development or expansion of, the business conducted by the Company and the Restricted Subsidiaries on the Issue Date, in each case, as determined in good faith by the Company.

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Prohibited Business shall be defined as any business and any branch, office or operation thereof, which is a primary competitor of the Company with respect to the Business wherever the Company does business, in North America or abroad.