Hospital Assets definition

Hospital Assets means any asset or assets which are necessary for the proper conduct of the hospitals described in Schedule 5.
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Hospital Assets means all property or rights in property, real and personal, tangible and intangible existing on the transfer date under this part 5, used by or accruing to university hospital in the normal course of its operations as a teaching, research, and medical treatment facility.
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Hospital Assets means all engines, boilers, pumps, machinery, apparatus, fixtures, fittings, equipment, computer hardware and software, personal property and all other tangible assets of any kind placed in or about the Premises or that Lessee uses or operates in the course of Lessee’s activities and business on, or in connection with, the Premises and the Hospital.
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Examples of Hospital Assets in a sentence

  • In the event that the Option Exercise Notice shall have been given, the provisions of this Section 15.5 shall constitute the entire agreement of sale with respect to the sale by Landlord to Tenant of the Hospital Assets and no further agreement of sale shall be required of Landlord or Tenant with respect to the Hospital Assets, other than closing documents reasonably required by Landlord or Tenant or Escrow Agent hereunder and for the normal and usual closing adjustments.

  • Lessee shall not use the Premises or Hospital Assets, do anything in, on or about the Premises, or import to or keep anything at the Premises, that conflicts with or violates any Laws and Orders.

  • If the voters do not approve the sale of the Hospital Assets, Tenant may terminate the Lease by providing two hundred and seventy (270) days written Notice to Landlord.

  • Lessor shall be entitled to conduct periodic inspections, evaluations, and inventories to determine the condition of Hospital Assets.

  • Landlord’s obligation for Seismic Compliance shall not survive expiration of this Lease caused by the closing of Tenant’s purchase of the Hospital Assets pursuant to Section 15.5 of this Lease.

  • Promptly upon receiving the Option Exercise Notice, Landlord shall take such actions as are necessary to submit to the voters of Landlord’s district a measure proposing the sale of the Hospital Assets to Tenant, as contemplated under this Lease, in accordance with Section 32121(p)(1) of the California Health and Safety Code and applicable provisions of the California Elections Code; the voters’ approval of such sale, as certified by the registrar of voters, shall constitute “Electorate Approval of Sale”.

  • Lessee, at Lessee’s sole expense, shall continuously and without exception repair, maintain and improve the Premises, including Lessee improvements, Alterations, fixtures, furnishings, and Hospital Assets in an order and condition in compliance with all Laws and Orders, whether now or hereafter made, issued or enacted.

  • Upon the closing of the purchase of the Hospital Assets, the Term shall expire and neither the Landlord nor Tenant shall have any further rights or obligations under this Lease, except for those rights and/or obligations which are expressly provided in this Lease to survive said closing.

  • Escrow Agent’s receipt of a fully executed counterpart of the Escrow Agreement shall effect the opening of escrow for Tenant’s purchase of the Hospital Assets.

  • If possession is not immediately surrendered, Lessor may, in compliance with Idaho law, reenter and repossess the Facility and Hospital Assets and remove all persons or property.


More Definitions of Hospital Assets

Hospital Assets means all assets of every description, whether real, personal or mixed, tangible or intangible, owned, leased, or licensed by the Company or the Company Subsidiaries on the Closing Date that are held for use or used primarily in the Business; provided, however, Hospital Assets shall not include the Excluded Assets.
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Hospital Assets means all Alterations and FF&E located at the Combined Premises, as well as MTMC-owned inventory and supplies located at the Combined Premises.
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Hospital Assets means all assets, real, personal and mixed, tangible and intangible, owned or leased by CHCP and employed in the operations of the Hospital Business, other than the Champion Excluded Assets (as hereinafter defined), including, without limitation, the following items (collectively, the "Hospital Assets"): (i) fee or leasehold title, to all real property, including, without limitation, the real property described in Schedule 4.13 hereto, together with all improvements, buildings and fixtures located thereon or therein, which shall include, without limitation, the Champion Hospital and all medical office buildings, parking garages and parking lots (collectively, the "Hospital Real Property"); (ii) all major, minor or other equipment, whether movable or attached to the Hospital Real Property, (including, without limitation, all computer equipment and hardware at the Champion Hospital), vehicles, furniture and furnishings, including, without limitation, those taken into consideration in the preparation of the depreciation schedule
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Hospital Assets means all Alterations and FF&E located at the Leased Premises and the Ancillary Premises, as well as Tenant-owned inventory and supplies located at the Leased Premises and the Ancillary Premises.‌
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Hospital Assets collectively means the Leased Assets, the Transferred Assets and all other property acquired by CCH Subsidiary or any of its affiliates or subsidiaries after the Possession Date relating to Benson Operations.
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Hospital Assets means all engines, boilers, pumps, machinery, apparatus, fixtures, fittings, equipment, computer hardware and software, personal property and all other
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Related to Hospital Assets

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Capital Assets means, with respect to any person, all equipment, fixed assets and Real Property or improvements of such person, or replacements or substitutions therefor or additions thereto, that, in accordance with GAAP, have been or should be reflected as additions to property, plant or equipment on the balance sheet of such person.

  • Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.

  • Capital Asset means, with respect to the Borrower and its Subsidiaries, any asset that should, in accordance with GAAP, be classified and accounted for as a capital asset on a Consolidated balance sheet of the Borrower and its Subsidiaries.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;