Seller Business Service Area definition

Seller Business Service Area means the area within a five (5) mile radius of any of the Acute Care Hospitals. Notwithstanding the foregoing, the following shall be excluded from the foregoing provisions of this Section 4.13: (a) the general acute care hospital activities of Seller and Seller's affiliates as of the Closing Date (other than the activities of the Hospitals) and (b) Seller's or any affiliate of Seller's acquisition and operation of a general acute care hospital within the Seller Business Service Area after the Closing Date so long as such hospital was acquired in a transaction in which the amount of consideration allocated to such hospital is less than twenty-five percent (25%) of the total consideration necessary to consummate such transaction. During the period commencing on the Effective Date and ending on the second anniversary of the Closing Date, neither Seller nor any of its affiliates shall actively solicit any of the Hospitals' Employees (other than the Retained Management Employees) to remain or become an employee of Seller or any affiliate of Seller; provided, however, that at any time Seller and its affiliates xxx xxxx xxneral solicitations not directed specifically at Hospitals' Employees to recruit employees through any means (including, without limitation through job fairs or advertisements in newspapers of general circulation) and shall have the right to hire Hospitals' Employees who respond to such permitted solicitation efforts or seek such employment unsolicited by Seller or any affiliate of Seller. During the period commencing on the Effective Date and ending on the Closing Date, neither Seller nor any of its affiliates shall directly solicit any physician that is on the medical staff of any of the Acute Care Hospitals to join the medical staff of any acute care facility owned or operated by Seller or any affiliate of Seller that is not among the Acute Care Hospitals; provided, however, that this sentence shall not be construed to prevent Seller or any affiliate of Seller from (i) engaging in conversations with physicians already on the medical staff of any acute care facility owned or operated by Seller or any affiliate of Seller that is not among the Acute Care Hospitals including without limitation to retain such physicians on such medical staffs, (ii) at any time, making general solicitations in the ordinary course of business not directed specifically at physicians on the medical staff of the Acute Care Hospitals to recruit physicians or (iii) res...
Sample 1
Seller Business Service Area means either the County in which a Hospital is located or a twenty (20) mile radius of such Hospital, whichever is the larger area, provided, however, that the Hospitals set forth on Schedule 4.13 are not subject to this Section 4.13. Notwithstanding the foregoing, the following shall be excluded from the foregoing provisions of this Section 4.13: (a) the general acute care hospital activities of Seller and Seller’s affiliates as of the Closing Date (other than the activities of the Hospitals), and (b) Seller’s or any affiliate of Seller’s acquisition and operation of a general acute care hospital within the Seller Business Service Area after the Closing Date so long as such hospital was acquired in a transaction in which the amount of consideration allocated to such hospital is less than twenty percent (20%) of the total consideration necessary to consummate such transaction. Seller shall cause each of its affiliates to comply with the obligations imposed by this Section 4.13. In the event that the provisions contained in this Section 4.13 shall ever be deemed to exceed the time or geographic limits or any other limitations permitted by applicable law in any jurisdiction, then such provisions shall be deemed reformed in such jurisdiction to the maximum extent permitted by applicable law.
Sample 1
Seller Business Service Area means the area within a thirty (30) mile radius of Trinity Valley Medical Center and a twenty-five (25) mile radius of Minden Medical Center. Notwithstanding the foregoing, the following shall be excluded from the foregoing provisions of this Section 4.14: (a) the general acute care hospital activities of Seller and its affiliates as of the Closing Date (other than the activities of the Hospitals) and (b) Seller's or any affiliate of Seller's acquisition and operation of a general acute care hospital within the Seller Business Service Area after the Closing Date so long as such hospital was acquired in a transaction in which the amount of consideration allocated to such hospital is less than ten percent (10%) of the total consideration necessary to consummate such transaction; provided, however, nothing in this Section 4.14 shall prevent Seller from acquiring, operating or managing East Texas Medical Center Regional Healthcare System and its affiliated hospitals, as a whole. Seller shall cause each of its affiliates, and any successors to its affiliates, to comply with the obligations imposed by this Section 4.14. In the event that the provisions contained in this Section 4.14 shall ever be deemed to exceed the time or geographic limits or any other limitations permitted by applicable law in any jurisdiction, then such provisions shall be deemed reformed in such jurisdiction to the maximum extent permitted by applicable law.
Sample 1

Examples of Seller Business Service Area in a sentence

  • For purposes of this Agreement, the term "Competing Business" means the business of owning and operating general acute care hospitals, and the term "Seller Business Service Area" means the area within a twenty-five (25) mile radius of the Acute Care Hospital.

  • As an inducement to Purchaser to enter into this Agreement and to consummate the transactions contemplated hereby, neither Seller nor any of Seller’s affiliates, shall, for a period of five (5) years following the Closing Date, without the prior written consent of Purchaser, directly or indirectly, invest in, own, manage, operate, control or participate in the ownership, management, operation or control of, any Competing Business within the Seller Business Service Area.

  • As an inducement to Purchaser to enter into this Agreement and to consummate the transactions contemplated hereby, neither Seller nor any of Seller's affiliates, shall, for a period of four (4) years following the Closing Date, without the prior written consent of Purchaser, directly or indirectly, invest in, own, manage, operate, control or participate in the ownership, management, operation or control of, any Competing Business within the Seller Business Service Area.

  • For purposes of this Agreement, the term "Competing Business" means the business of owning and operating general acute care hospitals, and the term "Seller Business Service Area" means the area within a thirty (30) mile radius of Trinity Valley Medical Center and a twenty-five (25) mile radius of Minden Medical Center.

  • Section 10.3.2(a)(vi) Seller Business Service Area................

  • For purposes of this Agreement, the term "Competing Business" means the business of owning and operating general acute care hospitals, and the term "Seller Business Service Area" means the area within a five (5) mile radius of any of the Acute Care Hospitals.

  • For purposes of this Agreement, the term "Competing Business" means the business of owning and operating general acute care hospitals, and the term "Seller Business Service Area" means the area within a twenty-five (25) mile radius of any Hospital.

  • For purposes of this Agreement, the term "Competing Business" means the business of owning and operating general acute care hospitals, and the term "Seller Business Service Area" means the area within a twenty-five (25) mile radius of the Hospital.

Related to Seller Business Service Area

  • Service Area means the geographic area approved by the commissioner within which an issuer is authorized to offer a Medicare Select policy.

  • Active business operations means all business operations that are not inactive business operations.

  • Wireless services means any services, provided using licensed or unlicensed spectrum, including the use of Wi-Fi, whether at a fixed location or mobile.

  • Cemetery services means cremations, grave openings and closings, and installation of grave memorials.

  • Business location means a location where the firm carries out an activity that requires registration, and includes a residence if regular and ongoing activity that requires registration is carried out from the residence or if records relating to an activity that requires registration are kept at the residence;

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Wholesale Service means Telecommunication Services that Sprint provides at retail to subscribers who are not telecommunications carriers as set forth in 47 USC § 251(c)(4) which Sprint provides to resellers at a wholesale rate.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Primary service area means that area within a five (5) mile radius from any imaging center owned, operated or managed by Administrator, Parent or their Affiliates for which the Group provides professional Radiology services or any hospital at which on-site professional Radiology services are then provided by Physician Employee(s) or Physician Extender Employee(s) of the Group.

  • Geographic Service Area or “Service Area” means an area as defined in Section 1345(k) of the Health and Safety Code.

  • Separate Business means each of the activities of the Licensee connected

  • Purchased Services means Services that You or Your Affiliate purchase under an Order Form, as distinguished from those provided pursuant to a free trial.

  • Access Services refers to interstate and intrastate switched access and private line transport services.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • Established geographic service area means a geographic area, as approved by the Commissioner and based on the carrier's certificate of authority to transact insurance in this state, within which the carrier is authorized to provide coverage;

  • Interconnected Entity means either the Interconnection Customer or the Interconnected Transmission Owner; Interconnected Entities shall mean both of them.

  • Personal wireless services means commercial mobile services, unlicensed wireless services, and common carrier wireless exchange access services, as defined by federal laws and regulations.

  • Business Customer means a customer who is not a residential customer.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Business Area means an adjacent area that is zoned by a state, county, township, or municipal zoning authority for industrial or commercial purposes, customarily referred to as "b" or business, "c" or commercial, "i" or industrial, "m" or manufacturing, and "s" or service, and all other similar classifications and that is within a city, village, or charter township or is within 1 mile of the corporate limits of a city, village, or charter township or is beyond 1 mile of the corporate limits of a city, village, or charter township and contains 1 or more permanent structures devoted to the industrial or commercial purposes described in this subdivision and that extends along the highway a distance of 800 feet beyond each edge of the activity. Each side of the highway is considered separately in applying this definition except that where it is not topographically feasible for a sign or sign structure to be erected or maintained on the same side of the highway as the permanent structure devoted to industrial or commercial purposes, a business area may be established on the opposite side of a primary highway in an area zoned commercial or industrial or in an unzoned area with the approval of the state highway commission. A permanent structure devoted to industrial or commercial purposes does not result in the establishment of a business area on both sides of the highway. All measurements shall be from the outer edge of the regularly used building, parking lot, or storage or processing area of the commercial or industrial activity and not from the property lines of the activities and shall be along or parallel to the edge or pavement of the highway. Commercial or industrial purposes are those activities generally restricted to commercial or industrial zones in jurisdictions that have zoning. In addition, the following activities are not commercial or industrial:

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Wireless service means any service, using licensed or unlicensed wireless spectrum, including the use of Wi-Fi, whether at a fixed location or mobile, provided to the public using a network node.

  • Person-centered planning means a process for planning and supporting the consumer receiving services that builds on the individual’s capacity to engage in activities that promote community life and that honors the consumer’s preferences, choices, and abilities. The person-centered planning process involves families, friends, and professionals as the consumer desires or requires.

  • Person centered care means care that:

  • Person-Centered Service Plan means the details of the supports, desired outcomes, activities, and resources required for an individual to achieve and maintain personal goals, health, and safety, as described in OAR 411-004-0030.