Examples of Operations Transfer Agreement in a sentence
The Foreclosure High Bidder must submit an executed Operations Transfer Agreement to transition the operations of the facility to a new operator of its choosing.
Foreclosure High Bidder shall submit an executed Operations Transfer Agreement, attached to these Foreclosure Instructions, to ensure a smooth and orderly transition to a new Operator.
Any changes to the proposed Operations Transfer Agreement must be approved by HUD and the Receiver.These Foreclosure Instructions are for a residential healthcare facility.
The form of the Operations Transfer Agreement has already been agreed upon by HUD and the Receiver that the District Court appointed to operate the Project.
In any event, the Borrowers shall provide the Lender with fifteen (15) days’ written notice prior to entering into any non-adverse amendment, modification or supplement to any Real Estate Lease or such Management Agreement or Operations Transfer Agreement allowed under this Section 9.18, which such notice shall indicate a reasonably detailed description of such non-adverse amendment, modification or supplement.