Examples of Seniormost Parent in a sentence
Tenant may provide Lessor with a monthly statement of the expenses to be reimbursed by Lessor pursuant to this Section 26.8, and Lessor shall reimburse such expenses to Tenant or the Seniormost Parent, as applicable, within ten (10) Business Days after receipt of such written demand accompanied by reasonable supporting documentation.
All reports, statements and other materials delivered by or on behalf of Tenant or any Seniormost Parent to Lessor under this ARTICLE XXVI shall be delivered to Lessor in electronic format, if available.
Lessor shall not require or perform any act that would cause Tenant, any Seniormost Parent or any of their respective Subsidiaries or Affiliates to violate any laws, regulations or ordinances relating to employment records or intended to protect the privacy rights of Tenant’s or the Seniormost Parent’s employees or healthcare patients, including, but not limited to, the Health Insurance Portability and Accountability Act of 1996, as amended.
In accordance with the provisions of the Lease, Tenant wishes to engage in a Kindred Change of Control Transaction whereby Guarantor shall become the Seniormost Parent and, as a condition to the consummation of such Kindred Change of Control Transaction, Guarantor has agreed to enter into this Guaranty.
The foregoing activities shall be conducted by Lessor through agents, employees, representatives or designees of its choosing, and Tenant shall reasonably cooperate (and shall cause the Seniormost Parent and its and the Seniormost Parent’s independent accountants and other financial advisors to reasonably cooperate) with all of such activities.
Tenant and the Seniormost Parent shall not be required to incur any out-of-pocket expenses (other than nominal expenses) in connection with any such request by Lessor.
Unless otherwise agreed in writing by Lessor and Tenant or the Seniormost Parent, as applicable, all of the discussions, reviews, abstracting and copying referenced in this Section 26.3 shall occur during normal business hours.
Lessor shall be obligated to reimburse Tenant and the Seniormost Parent and their aforesaid independent accountants and other financial advisors for any out-of-pocket expenses incurred by Tenant or the Seniormost Parent or on Tenant’s or the Seniormost Parent’s behalf in connection with providing any such cooperation.