HMO Subsidiary definition

HMO Subsidiary any Subsidiary of the Company that is now or hereafter an HMO.

HMO Subsidiary means any Subsidiary that is designated as an HMO Subsidiary on Schedule 3.08 and any other existing or future Domestic Subsidiary that shall become capitalized or licensed as an HMO, shall conduct HMO Business or shall provide managed care services.

HMO Subsidiary means each Subsidiary of the Borrower that is (i) an HMO or other similar regulated entity or business, or (ii) an insurance company licensed and regulated as such by a Governmental Authority.

Examples of HMO Subsidiary in a sentence

• Schedule 4.15 sets forth (i) the name of, the ownership interest of each Loan Party in, the jurisdiction of incorporation or organization of, and the type of, each Subsidiary and identifies each Subsidiary that is a Loan Party, in each case as of the Closing Date and (ii) whether such Subsidiary is an Insurance Subsidiary, HMO Subsidiary or Unrestricted Subsidiary.

• The appropriate HMO Subsidiary shall have the right to approve new MHSA Providers and to prohibit a MHSA Provider from providing MHSA Services to Members.

• In each case above, so long as an HMO Subsidiary maintains at least the applicable minimum Statutory Net Worth threshold of the state in which it operates, (1) unrestricted cash and Cash Equivalents of the Borrower and (2) any unused availability under the Revolving Commitments may be included in the computation of its Statutory Net Worth if necessary to comply with the applicable Statutory Net Worth requirement.

• Schedule 4.15 sets forth (a) the name of, the ownership interest of each Loan Party in, the jurisdiction of incorporation or organization of, and the type of, each Subsidiary and identifies each Subsidiary that is a Loan Party, in each case as of the Closing Date and (b) whether such Subsidiary is an Insurance Subsidiary or HMO Subsidiary.

• The applicable Benefit Contract is the exclusive agreement between the applicable HMO Subsidiary or other Affiliated Payor and Members regarding the benefits, exclusions and other conditions for coverage for MHSA Services.

More Definitions of HMO Subsidiary

HMO Subsidiary means any current or future Subsidiary of the Borrower that is either an HMO or a regulated healthcare service contractor.

HMO Subsidiary means (a) any Subsidiary that is designated as an HMO Subsidiary pursuant to the Credit Agreement, (b) any other Subsidiary that shall become capitalized or licensed as an HMO, shall conduct HMO Business or shall provide managed care services and (c) any other Subsidiary, substantially all the assets of which consist of Capital Stock of a HMO Subsidiary described in clause (a) or (b) above.

HMO Subsidiary means any Subsidiary that is designated as an HMO Subsidiary on Schedule 4.15 and any other existing or future Domestic Subsidiary that shall become capitalized or licensed as an HMO, shall conduct HMO Business or shall provide managed care services.

HMO Subsidiary means any existing or future U.S. Subsidiary that is or shall become capitalized or licensed as an HMO, shall conduct HMO Business or shall provide managed care services.

HMO Subsidiary means any Original HMO Subsidiary, and Current HMO Subsidiary and any licensed health maintenance organization that hereafter becomes a CHC Acquired Person and which becomes a party to this Agreement pursuant to SECTION 10.5.2.

HMO Subsidiary any Subsidiary of a Borrower which, by reason of its engagement in the managed vision care business and the operation of subsection 7.10(e), is not a Subsidiary Guarantor.

HMO Subsidiary means (a) any Restricted Subsidiary that is designated as an HMO Subsidiary on Schedule 4.15, (b) any other Domestic Subsidiary that shall become capitalized or licensed as an HMO, shall conduct HMO Business or shall provide managed care services and (c) any other Domestic Subsidiary, substantially all the assets of which consist of Capital Stock of a HMO Subsidiary described in clause (a) or (b) above. “Incremental Term Loan” shall have the meaning set forth in Section 2.23. “Incremental Term Loan Commitment” shall mean, with respect to Persons identified as an “Incremental Term Loan Lender” in the applicable supplement or joinder in form and substance satisfactory to the Administrative Agent, together with their respective successors and assigns, the commitment of such Person to make the Incremental Term Loan hereunder pursuant to such supplement or joinder; provided that, at any time after the funding of the Incremental Term Loan, determination of “Required Lenders” shall include the outstanding principal amount of the Incremental Term Loan. “Indebtedness” of any Person shall mean, without duplication (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (c) all obligations of such Person in respect of the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of business; provided, that for purposes of Section 8.1(g), trade payables overdue by more than 120 days shall be included in this definition except to the extent that any of such trade payables are being disputed in good faith and by appropriate measures), (d) all obligations of such Person under any conditional sale or other title retention agreement(s) relating to property acquired by such Person, (e) all Finance Lease Liabilities of such Person, (f) all obligations, contingent or otherwise, of such Person in respect of letters of credit, acceptances or similar extensions of credit, (g) all obligations of such Person, contingent or otherwise, to purchase, redeem, retire or otherwise acquire for value any Capital Stock of such Person, (h) Off-Balance Sheet Liabilities, (i) the Hedge Termination Value of all Hedging Obligations, (j) all Guarantees of such Person of the type of Indebtedness described in clauses (a) through (i) above and (k) all Indebtedness of a third party secured by any Lien on property owned by such Person, whether or not su...