Operator Regulatory Agreement definition

Operator Regulatory Agreement means any Healthcare Regulatory Agreement - Operator relating to the Project now or hereafter entered into by any Operator for the benefit of HUD.
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Operator Regulatory Agreement means each Healthcare Regulatory Agreement-Operator entered into by and between each Operator and HUD with respect to each Healthcare Facility and any riders, amendments and supplements thereto.
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Operator Regulatory Agreement means each Supplemental Healthcare Regulatory Agreement-Operator entered into by and between each Operator and HUD with respect to each Healthcare Facility and any riders, amendments and supplements thereto.
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Examples of Operator Regulatory Agreement in a sentence

  • Therefore, pursuant to Program Obligations and the terms of the Master Tenant Regulatory Agreement, upon any event of default of the Master Tenant Regulatory Agreement or any event of default of any Operator Regulatory Agreement relating to any Healthcare Facility, upon the completion of any applicable notice and cure periods, Landlords shall immediately upon written request from HUD terminate this Master Lease without any penalty to Landlords.

  • At the time of the closing of each Loan, the Master Tenant agrees to execute a Master Tenant Regulatory Agreement and a Master Tenant Security Agreement, and to cause each Operator to execute the applicable Operator Regulatory Agreement and the applicable Operator Security Agreement, and other applicable documents evidencing the Lender’s security interest in the collateral of the Master Tenant and each Operator.

  • Operator shall operate the Healthcare Facility in accordance with, and in all other ways comply with, the Operator Regulatory Agreement and Program Obligations.

  • Furthermore, Xxxxxx agrees that so long as the Operator is not in violation of the Operator Regulatory Agreement, to the extent Operator has (i) funded Escrowed Funds, tax and/or insurance impounds, and (ii) provided written notice and evidence satisfactory to Lender that it has funded and is funding such amounts as required.

  • In addition, and without limiting the generality of the foregoing, Operator shall deliver to Lender copies of all reports, financial statements and other information which Operator is obligated to provide to HUD pursuant to the Operator Regulatory Agreement or otherwise pursuant to the Loan Documents or Program Obligations.

  • In addition, the lessee/operator must execute and deliver an Operator Regulatory Agreement in the form specified by the Secretary.

  • Any such Management Agreement shall contain a provision that, in the event HUD issues any notice of violation or default under this Agreement, the Operator Regulatory Agreement, or the Borrower Regulatory Agreement, the Management Agreement(s) shall be subject to termination without penalty upon written request of HUD.

  • For purposes of this Section 20, where Borrower is also Operator, and without limiting the requirements for Operator’s submission of financial reports to HUD under the Operator Regulatory Agreement, financial activities of Borrower and the Project shall include all of the activities of both Borrower and Operator.

  • Borrower shall require Operator to comply with the terms of the Operator Regulatory Agreement and shall set forth such requirements, or cause such requirements to be set forth, in any Borrower-Operator Agreement.

  • HUD shall not grant its consent if HUD is exercising its rights to request a Consultant pursuant to the Supplemental Operator Regulatory Agreement.


More Definitions of Operator Regulatory Agreement

Operator Regulatory Agreement means that certain Healthcare Regulatory Agreement – Operator, relating to the Project and entered into by Operator for the benefit of HUD.
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Operator Regulatory Agreement means each Supplemental Healthcare
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Operator Regulatory Agreement means each Operator Regulatory Agreement entered into by and between each Operator and HUD, through the Federal Housing Commissioner with respect to a Facility and any riders, amendments and supplements thereto.
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Operator Regulatory Agreement means each Healthcare Regulatory
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Operator Regulatory Agreement means each Healthcare Regulatory
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Related to Operator Regulatory Agreement

  • Regulatory Agreement means the regulatory agreement between HPD and the Owner establishing certain controls upon the operation of the Exemption Area during the term of the Exemption.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • PSC means the New York State Public Service Commission.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Data Processing Agreement means the data processing agreement located at xxx.xxxxxx.xxx/[countrycode]/legal/dpa, where “[countrycode]” means the two-letter abbreviation for the country where your Stripe Account is located.

  • Pharmacovigilance Agreement has the meaning set forth in Section 4.3.