Examples of Operated facility in a sentence
On the Closing Date, except for the Tenants or Residents, no Person (other than any landlord, Brookdale and its Affiliates) is entitled to present or future possession of or a right to use all or any part of the BKD Operated Facility.
Except for Leases of less than twenty-five hundred square feet for uses that are incidental to the primary use of the applicable BKD Operated Facility (i.e., a salon) and the Resident Agreements, there are no lease, license or other occupancy agreements pursuant to which any Person is the lessee, licensee or occupant of any space at any BKD Operated Facility.
All of the Financial Statements (including notes thereto) have been prepared by or on behalf of Brookdale in accordance with GAAP throughout the periods covered thereby and present fairly in all material respects the financial condition of each BKD Operated Facility as of the respective dates thereof and the results of operations of each BKD Operated Facility for the periods covered thereby.
To the best knowledge of HCP, the use of such Facility names by HCP does not, and the use of such Facility names by the Company and/or Merger Sub in the market areas of the Operated Facility in a manner consistent with HCP's past practices will not, as of the Closing Date, conflict with any rights to any similar name owned by any other person or entity.
To the best knowledge of HCP, all Medicare and Medicaid cost reports and all sales and use tax returns necessary to be filed by HCP with respect to the Operated Facility with any governmental authorities on or prior to the date hereof, as well as those to be filed on or prior to the Closing Date, have been, or will be, accurately completed in all material respects.
The term "Leased Facilities" shall mean the seven Facilities (other than the Operated Facility) which are leased by HCP to independent third party operators.
The term "Operated Facility" shall mean the Facility in Cambridge, Massachusetts which is operated by a subsidiary of HCP.
There are no undisclosed amendments or agreements to such residency agreements, nor any special rates, services, or concessions promised by HCP to any residents or patients of the Operated Facility except as disclosed in SCHEDULE 3.5.2.2 attached hereto.
SCHEDULE 3.3.3 attached hereto contains a true and complete list of all currently effective licenses, permits, approvals, certificates of need, qualifications, Medicaid and Medicare certifications and the like, which have been issued to HCP by any governmental agency (whether federal, state, local, or other) in connection with the ownership and the operation of the Operated Facility (collectively, "LICENSES").
HCP has the right to use the names of its Operated Facility as set forth in SCHEDULE B attached hereto in the market area of the Operated Facility, and HCP has not licensed or entered into any agreement to permit any person or entity to use such Facility name or any variation thereof.