Common use of Accreditation and Licensing Clause in Contracts

Accreditation and Licensing. VHS Holdco I will (i) cause VHS Holdco II and each of its Subsidiaries to obtain and maintain, its qualification for participation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which VHS Holdco II deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets or liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole, and (ii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I or any Subsidiary of VHS Holdco I to have at all times a valid Certificate of Accreditation of the Joint Commission of Accreditation of Health Care Organizations in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation of the Joint Commission of Accreditation of Health Care Organizations could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets, liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (VHS of Anaheim Inc)

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Accreditation and Licensing. VHS Holdco I The Borrower will (i) obtain and maintain, and cause VHS Holdco II each of its Subsidiaries to obtain and maintain, all permits, licenses and other governmental approvals as may be necessary for the operation of each of its Hospital Properties, except for those permits, licenses and approvals the failure of which to obtain and maintain could not, individually or in the aggregate with all other failures pursuant to this Section 8.11, reasonably be expected to have a material adverse effect on the business, property, assets, liabilities (actual or contingent), operations or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole, (ii) obtain and maintain, and cause each of its Subsidiaries to obtain and maintain, its qualification for participation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which VHS Holdco II the Borrower deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.108.11, reasonably be expected to have a material adverse effect on the business, property, assets or liabilitiesliabilities (actual or contingent), operations or condition (financial or otherwise) of VHS Holdco I the Borrower and its Subsidiaries taken as a whole, and (iiiii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I the Borrower or any Subsidiary of VHS Holdco I the Borrower to have at all times a valid Certificate of Accreditation of the Joint Commission of Accreditation of Health Care Organizations in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation of the Joint Commission of Accreditation of Health Care Organizations could not, individually or in the aggregate with all other failures pursuant to this Section 8.108.11, reasonably be expected to have a material adverse effect on the business, property, assets, liabilitiesliabilities (actual or contingent), operations or condition (financial or otherwise) of VHS Holdco I the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (VHS of Phoenix Inc)

Accreditation and Licensing. VHS Holdco I will (i) cause VHS Holdco II the Borrower and each of its Subsidiaries to obtain and maintain, its qualification for participation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which VHS Holdco II the Borrower deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets or liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole, and (ii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I or any Subsidiary of VHS Holdco I to have at all times a valid Certificate of Accreditation of from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc. in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation of from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc., could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably -61- be expected to have a material adverse effect on the business, assets, liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Health Systems Inc)

Accreditation and Licensing. VHS Holdco I The Borrower will (i) obtain and maintain, and cause VHS Holdco II each of its Subsidiaries to obtain and maintain, all permits, licenses and other govern­mental approvals as may be necessary for the operation of each of its Hospital Properties, except for those permits, licenses and approvals the failure of which to obtain and maintain could not, individually or in the aggregate with all other failures pursuant to this Section 8.11, reasonably be expected to have a material adverse effect on the business, property, assets, liabilities (actual or contingent), opera­tions or condi­tion (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole, (ii) obtain and maintain, and cause each of its Subsidiaries to obtain and maintain, its qualification for participation partici­pation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which VHS Holdco II the Borrower deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.108.11, reasonably be expected to have a material adverse effect on the businessbusi­ness, property, assets or liabilitiesliabilities (actual or contingent), operations or condition condi­tion (financial or otherwise) of VHS Holdco I the Borrower and its Subsidiaries taken as a whole, and (iiiii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I the Borrower or any Subsidiary of VHS Holdco I the Borrower to have at all times a valid Certificate of Accreditation of the Joint Commission of Accreditation of Health Care Organizations in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation of the Joint Commission of Accreditation Accredita­tion of Health Care Organizations could not, individually or in the aggregate with all other failures pursuant to pursuantto this Section 8.108.11, reasonably be expected to have a material adverse effect on the business, property, assets, liabilitiesliabilities (actual or contingent), operations or condition (financial or otherwise) of VHS Holdco I the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit                                                                         Agreement (Vanguard Health Systems Inc)

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Accreditation and Licensing. VHS Holdco I will (i) cause VHS Holdco II the Borrower and each of its Subsidiaries to obtain and maintain, its qualification for participation in any payment under CHAMPUS, Medicare, Medicaid, Blue Cross, Blue Shield and any other private insurance programs of similar broad application and any other federal, state and local governmental programs providing for payment of reimbursement for services rendered which VHS Holdco II the Borrower deems prudent in its reasonable discretion, except to the extent any failure to maintain such qualification could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets or liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole, and (ii) use its best efforts to cause each Hospital Property owned, leased or operated by VHS Holdco I or any Subsidiary of VHS Holdco I to have at all times a valid Certificate of Accreditation of from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc. in full force and effect, except to the extent any failure to have any such valid Certificate of Accreditation of from The Joint Commission (formerly, the Joint Commission of Accreditation of Health Care Organizations Organizations), the Healthcare Facilities Accreditation Program (an accreditation program of the American Osteopathic Association) or DMV Healthcare, Inc., could not, individually or in the aggregate with all other failures pursuant to this Section 8.10, reasonably be expected to have a material adverse effect on the business, assets, liabilities, operations or condition (financial or otherwise) of VHS Holdco I and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Vanguard Health Systems Inc)

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