Examples of NMC Group in a sentence
Except as contemplated herein, at the Effective Time, the NMC Group will contain the worldwide health care business of Grace and all assets and services predominantly used in the conduct of Grace's worldwide health care business as presently conducted.
Each of the Sellers and the Company hereby: (a) waive any rights or notice requirements under that certain NMC Group, Inc.
The placing of the Companies into administration is the latest phase of restructuring for the NMC Group and follows the administration of its ultimate parent company, PLC, which was placed into administration in England on 9 April 2020.
We have been assessing the options in respect of the overall restructuring of the NMC Group.
The NMC Group was founded in 1975 and is the largest provider of private healthcare and related services across a number of jurisdictions, with a significant presence in the UAE.
Grace and its subsidiaries have and, immediately after the Grace Merger, the NMC Group will have, good and, with respect to real property, marketable title to its properties and assets (other than property as to which it is lessee), except for those defects in title which are not, individually and in the aggregate, reasonably likely to have a Material Adverse Effect with respect to Grace.
The NMC Group has recently played a crucial role in curbing the outbreak of COVID-19 and its facilities have tested and treated a significant number of the patients in the UAE displaying symptoms of the virus.
Where possible, there are cash sweeps in operation to transfer funds from the bank accounts of other NMC Group entities (including non-administration entities) into the main NMC Healthcare bank account.
The day-to-day operations of the NMC Group remain strong and, save for certain operational and control improvements, are not expected to materially change.
The NMC Group offers medical services comprising: diagnostic; in and outpatient services; research and medical services in the field of gynaecology, obstetrics and human reproduction; and management services in respect of hospitals.