Governmental Receivables. Tenant shall be responsible for obtaining and maintaining all necessary provider agreements with Medicaid, Medicare and other governmental third party payors. Tenant agrees to furnish HUD and Lender with copies of all such provider agreements and any and all amendments thereto promptly after execution thereof.
Governmental Receivables. To collect all amounts due from any government agency by reason of sale of Cells (“Government Receivables”), and to receive and administer all payments from all Government Receivables in the Provider’s name and on the Provider’s behalf, and to deposit such amounts in a bank account in the Provider’s name (“Provider Lockbox Account”). The Provider Lockbox Account may be established for Provider by Manager but the account shall be the sole and exclusive property of Provider. Manager shall have no control over and shall not be authorized to make withdrawals from the Provider Lockbox Account. It shall, however, be a material breach of this Agreement by Provider to terminate the Manager’s ability to sweep the amounts received in the Provider Lockbox Account into the Operating Account as set forth in Section 3.1.5.
Governmental Receivables. Lessee shall be responsible for obtaining and maintaining all necessary provider agreements with Medicaid, Medicare and other governmental third party payors. Lessee agrees to furnish HUD and Lender with copies of all such provider agreements and any and all amendments thereto promptly after execution thereof.
Governmental Receivables. Prior to the consummation of a Qualified IPO, upon request by the Required Holders at any time following the occurrence of a default in payment obligations hereunder by the Company or Event of Default, the Company shall promptly deliver specific assignments of all or any part of its Governmental Receivables as requested by the Required Holders and shall obtain such consents, acknowledgements and approvals or authorizations as may be required in connection with enforcement of the Lien against such Governmental Receivables granted by the Company and the Guarantors to the Collateral Agent, on behalf of the holders of the Notes, pursuant to the Security Documents as may be required by applicable law including, without limitation, the Financial Administration Act (Canada), federal laws of the United States and comparable provincial, state or territorial legislation or legislation in any political subdivision thereof.
Governmental Receivables. It is the intent of the parties to comply with the laws and regulations of the United States under (i) 42 U.S.C. 1395u(b)(6) in connection with Medicare, (ii) 42 U.S.C. 1396a(a)(32) in connection with Medicaid, and (iii) 32 CFR 199.1 et. seq. in connection with CHAMPUS, and any other provisions affecting Governmental Receivables. Accordingly, it is agreed that, notwithstanding any provisions to the contrary in this Agreement or in any of the Loan Documents, in no event shall this Agreement or the Loan Documents require any pledge, action or other conduct to the extent they are violative of the aforementioned laws and regulations.
Governmental Receivables. Except as set forth in Schedule 11 attached hereto, Schedule 11 of the Prior Perfection Certificate sets forth a list of accounts receivable payable to any Grantor by the United States government or any state or local government, identifying (i) the governmental authority, (ii) the applicable Grantor, (iii) the aggregate amount thereof and (iv) the percentage that those accounts receivable are of all of the Grantors’ accounts receivable, in each case as of a recent, specified date.
Governmental Receivables. Except as set forth in Schedule 9 attached hereto, Schedule 9 of the Prior Perfection Certificate sets forth a list of accounts receivable payable to any Grantor by the Canadian government or any provincial or local government, identifying (i) the governmental authority, (ii) the applicable Grantor, (iii) the aggregate amount thereof and (iv) the percentage that those accounts receivable are of all of the Grantors’ accounts receivable, in each case as of a recent, specified date.
Governmental Receivables. Upon request by the Administrative Agent or the Required Lenders at any time following the occurrence of a default in payment obligations hereunder by the Borrower or Event of Default, the Borrower shall promptly deliver specific assignments of all or any part of its Governmental Receivables as requested by the Administrative Agent or the Required Lenders and shall obtain such consents, acknowledgements and approvals or authorizations as may be required in connection with enforcement of the Lien against such Governmental Receivables granted by the Borrower and the Guarantors to the Administrative Agent pursuant to the Security Documents as may be required by applicable law including, without limitation, the Financial Administration Act (Canada), federal laws of the United States and comparable provincial, state or territorial legislation or legislation in any political subdivision thereof.
Governmental Receivables. Notwithstanding any provision in the Loan Documents to the contrary, neither the Agent nor any Lender shall have any rights (whether by power of attorney or other provision of any Loan Document) with respect to any Governmental Receivables or any Deposit Account into which any proceeds of any Governmental Receivables are initially deposited, solely to the extent of such proceeds of Governmental Receivables (it being understood that the foregoing shall not limit the rights of the Agent or the Lenders with respect to proceeds of Governmental Receivables which have been transferred from the Deposit Account into which such Governmental Receivables were initially deposited to any other Deposit Account (including without limitation, any Cash Management Account)).
Governmental Receivables. Upon request by the Administrative Agent or the Required Lenders at any time following the occurrence of a Default or Event of Default, the Borrower shall promptly deliver specific assignments of all or any part of its Governmental Receivables as requested by the Administrative Agent or the Required Lenders and shall obtain such consents, acknowledgements and approvals or authorizations as may be required in connection with enforcement of the Lien against such Governmental Receivables granted by the Borrower and the Guarantors to the Administrative Agent pursuant to the Security Documents as may be required by applicable law including, without limitation, the Financial Administration Act (Canada), federal laws of the United States and comparable provincial, state or territorial legislation or legislation in any political subdivision thereof.
