Vencor Company definition
Examples of Vencor Company in a sentence
I know our program and then victim assistance and then I think our women's shelter had applied, too.
In addition, each Vencor Company will insure all property leased to it and all property operated by it under a management contract as required by the provisions of the applicable lease or management contract.
Each Vencor Company will maintain all property leased to it and all property operated by it under a management contract as required by the provisions of the applicable lease or management contract.
If after the Closing Date any Vencor Company (other than an Excluded Partnership) receives any Net Cash Proceeds from any Equity Issuance, the Borrowers shall prepay (subject to subsection (g) below) an aggregate principal amount of Loans and permanently reduce the Commitments in an amount equal to 100% of such Net Cash Proceeds.
No Vencor Company will declare or make any Restricted Payment on or after the Closing Date, except that Vencor may pay dividends at a rate not to exceed 6% per annum in respect of the Management Preferred Stock if, immediately before and after giving effect thereto, no Default shall have occurred and be continuing.
Any action taken or omitted by any LC Issuing Bank or any Lender under or in connection with any Letter of Credit and the related drafts and documents, if done without willful misconduct or gross negligence, shall be binding upon the Borrower and shall not place any LC Issuing Bank or any Lender under any liability to any Vencor Company.
This Agreement constitutes a valid and binding agreement of the Borrower and Vencor, and the other Financing Documents, when executed and delivered as contemplated by this Agreement, will constitute valid and binding obligations of each Vencor Company that is a party thereto, in each case enforceable in accordance with its terms, except as limited by bankruptcy, insolvency, fraudulent conveyance or other similar laws affecting creditors' rights generally and by general principles of equity.
Each of the Agents may consult with legal counsel (who may be counsel for any Vencor Company), independent public accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel, accountants or experts.
Any action taken or omitted by any LC Issuing Bank or any Bank under or in connection with any Letter of Credit and the related drafts and documents, if done without willful misconduct or gross negligence, shall be binding upon Vencor and shall not place any LC Issuing Bank or any Bank under any liability to any Vencor Company.
Each prepayment required by subsection (a), (b) or (c) of this Section shall be made within two Domestic Business Days after any Vencor Company receives the relevant Net Cash Proceeds.