Examples of Hospital Campus Real Property in a sentence
The Hospital and the Hospital Campus Real Property are and, during the period of Seller’s ownership always have been, operated in compliance in all material respects with all Environmental Laws.
Buyer shall, at its expense, promptly repair any damage to the Hospital Campus Real Property caused by Buyer, its agents or its contractors, in whatever manner reasonably necessary, after Buyer’s, its agents’ or its contractors’ entry thereon so that the adversely affected Hospital Campus Real Property shall be restored to substantially the same condition that existed prior to Buyer’s, its agents’ or its contractors’ entry thereon.
The Site Testing requested by Buyer shall be complete, and Buyer shall have determined, based upon the results from any Site Testing, that the Hospital Campus Real Property is in a condition acceptable to Buyer.
Subject to the terms and conditions set forth in this Section 6.5, commencing on the Execution Date and continuing until 5:00 p.m. (Pacific Time) on December 31, 2018 or some later mutually agreeable date (such period, the “Inspection Period”), and notwithstanding Buyer’s access to the Hospital Campus Real Property pursuant to the Interim Management Services Agreement, upon reasonable advance notice to Seller, Buyer shall conduct its Site Testing (as defined below).
Seller has provided to Buyer all material permits, audits, reports, notices, assessments, and other documentation relating to the Handling of Hazardous Substances or Environmental Laws at the Hospital or Hospital Campus Real Property that are in the possession, custody, or control of the Seller.
Authorize or approve the transfer, sale or other disposition of any of the Acquired Assets or the Hospital Campus Real Property other than in the ordinary and usual course of business as heretofore conducted, except for such items as are no longer useful, or obsolete, worn out or incapable of any further use, and as will be replaced in accordance with Seller’s usual practice with other items of substantially the same value and utility as the items transferred, sold, exchanged or otherwise disposed of.
The Parties hereto understand, acknowledge and agree that during the Inspection Period, as part of Buyer’s due diligence, Buyer intends to conduct physical testing (environmental including, without limitation, a Phase I environmental site assessment, structural or otherwise) at the Hospital Campus Real Property (such as water samplings or the like) (collectively, “Preliminary Site Testing”) and Seller, subject to the provisions herein, hereby consent to such testing.
Procurement, prior to the Closing, and without conditions which materially and adversely affect the operations of the Hospital, of approvals of all other Government Entities, the Final Order referenced in Section 3.2.5 necessary to consummate legally the purchase of the Acquired Assets and the lease of the Hospital Campus Real Property and the Real Property Purchase Options under the Lease and the certified order referenced in Section 3.2.7.
All of the personal property that are not located in the Hospital Campus Real Property or used in connection with the Licensed Operations, including the personal property in storage as of the Closing Date located at 000 X.
In the event of any termination hereunder, Xxxxx shall return all documents and other materials furnished by Seller with respect to the Hospital Campus Real Property.