Parent Facility definition
Examples of Parent Facility in a sentence
Each Parent Facility eligible for such accreditation is accredited by the Joint Commission on Accreditation of Healthcare Organizations, the Commission on Accreditation of Rehabilitation or other appropriate accreditation agency.
The Parent Facility Amendments shall have become effective on the terms and conditions contemplated in the Parent Consent Letter.
As of the date hereof, and after giving effect to the transactions contemplated by the Loan Documents and the Parent Facility, the Borrower is Solvent.
It will enter into transactions with TXU and any other Subsidiary of TXU only (i) on a commercially reasonable and arm's-length basis, and (ii) if such transaction is documented in writing; provided, however, that the parties to this Agreement acknowledge that the transactions contemplated by the Parent Facility (including, without limitation, the Trust Agreement and the Administration Agreement) satisfy the foregoing requirements as of the date hereof.
Parent or its Subsidiaries have a valid and binding leasehold interest in each of the leased real properties (collectively, the “Parent Facilities”) listed in Section 6.11 of the Parent Disclosure Schedule, free and clear of any Encumbrances, except for Parent Facility Leases and Permitted Encumbrances.