Physician Notes definition

Physician Notes mean the notes issued by the Borrower to physicians in connection with a Management Services Agreement and listed on Schedule 3.16.
Physician Notes means (i) the note payable to the partners of the Knoxville Oncology Practice, in the principal amount of $150,000, as partial payment of the acquisition price therefor, (ii) the note payable to the shareholders of Oncology Hematology Group of South Florida, P.A., in the principal amount of $5,959,972, as partial payment of the acquisition price therefor, (iii) the note payable to the shareholders of St. Petersburg Oncology, Inc., in the principal amount of $5,100,000, as partial payment of the acquisition price therefor, (iv) the note payable to the shareholders of ▇▇▇▇▇▇▇▇▇ & Kalman, M.D., P.A., in the principal amount of $1,900,000, as partial payment of the acquisition price therefor, (v) the note payable to the shareholders of ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, M.D., P.A., in the principal amount of $417,812, as partial payment of the acquisition price therefor, (vi) the note payable to the partners of Drs. Antonucci, McCormack, Haraf & ▇▇▇▇▇, a Tennessee partnership, in the principal amount of $725,000, as partial payment of the acquisition price therefor, (vii) the note payable to the shareholders of Hematology Oncology of the Treasure Coast, P.A., in the principal amount of $1,362,500, as partial payment of the acquisition price therefor, (viii) the note payable to The Center for Hematology-Oncology, P.A., in the principal amount of $4,000,000, as partial payment of the acquisition price for the assets thereof, and (ix) the note payable to the shareholders of ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, M.D., P.A., in the principal amount of $90,000, as partial payment of the acquisition price therefor.
Physician Notes shall have the meaning given such term in SECTION 11.5.

Examples of Physician Notes in a sentence

  • The Obligations constitute (a) “Senior Debt” under and as defined in the Senior Notes Documents, (b) “Designated Senior Debt” under and as defined in the Senior Subordinated Notes Documents and (c) “Senior Debt” or a comparable term under and as defined in (i) the Existing Senior Subordinated Notes Documents, (ii) the Physician Notes and (iii) the documentation governing any Additional Subordinated Debt.

  • The Obligations constitute (a) “Senior Debt” under and as defined in the Senior Secured Notes Documents, (b) “Designated Senior Debt” under and as defined in the 10 3/4% Senior Subordinated Notes Documents and (c) “Senior Debt” or a comparable term under and as defined in (i) the 9 5/8% Senior Subordinated Notes Documents, (ii) the Physician Notes, (iii) the documentation governing any Additional Physician Notes and (iv) the documentation governing any Additional Subordinated Debt.

  • The Borrower shall not at any time operate any of its lines of business other than through its Subsidiaries and Excluded Subsidiaries, or own any assets other than (i) equity interests in Subsidiaries and Excluded Subsidiaries and Physician Notes, (ii) cash and cash equivalents and investments permitted under Section 11.5, and (iii) such other property as is consistent with its sole function as a holding company.