Common use of Action by Board Clause in Contracts

Action by Board. of Medical Examiners or Other Authority with legal Jurisdiction. While both parties believe that this Agreement is in full compliance with the Texas Medical Practice Act, the interpretation of the Act may be subject to change. In the event the Board of Medical Examiners for the State or other authority with legal jurisdiction shall, solely by virtue of this Agreement, initiate an action to revoke the license of any physician retained by DOCTOR to practice medicine in the State, DOCTOR may, by written notice to COMPANY, immediately request that the Agreement be amended in a mutually acceptable manner. Any amendment shall be made in the lawful manner which results in the least changes to the parties' expectations hereunder. In the event the offending-provisions of the Agreement cannot be cured as to the legality of such provisions to the satisfaction of both parties, then either party may terminate this Agreement upon ten (10) days written notice, and such termination shall be conducted as set forth in Section 3 of the Master Agreement. In the event the Board of Medical Examiners shall, on any other grounds, including, without limitation, improper medical practice or improper conduct by any physician retained by DOCTOR, restrict, suspend or revoke the license of such physician to practice medicine in the State, the COMPANY may, by written notice to DOCTOR, immediately terminate this Agreement.

Appears in 2 contracts

Sources: Full Service Facility and Management Agreement (Dynacq International Inc), Full Service Facility and Management Agreement (Dynacq International Inc)