Common use of Joint Agreements Clause in Contracts

Joint Agreements. Subject to the provisions of this ---------------- Section 2.4, any agreement to which any party hereto (or, after giving ----------- effect to the Restructuring Transactions and the Distribution, any of such party's Subsidiaries) is a party that inures to the benefit of more than one of the Columbia/HCA Group Business, the LifePoint Group Business and the Triad Group Business shall be assigned in part, on or prior to the Distribution Date or as soon as reasonably practicable thereafter, as directed by Columbia/HCA in its sole discretion with the intention that each Group shall continue to possess the rights and benefits, and be subject to the obligations, inuring to its business under such agreement.

Appears in 2 contracts

Samples: Distribution Agreement (Triad Hospitals LLC), Distribution Agreement (Lifepoint Hospitals LLC)

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Joint Agreements. Subject to the provisions of this Section ---------------- Section ------- 2.4, any agreement to which any party hereto (or, after giving ----------- effect to --- the Restructuring Transactions and the Distribution, any of such party's Subsidiaries) is a party that inures to the benefit of more than one of the Columbia/HCA Group Business, the LifePoint Group Business and the Triad Group Business shall be assigned in part, on or prior to the Distribution Date or as soon as reasonably practicable thereafter, as directed by Columbia/HCA in its sole discretion with the intention that each Group shall continue to possess the rights and benefits, and be subject to the obligations, inuring to its business under such agreement.

Appears in 1 contract

Samples: Distribution Agreement (Lifepoint Hospitals Inc)

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Joint Agreements. Subject to the provisions of this ---------------- Section 2.4, any agreement to which any party hereto (or, after giving ----------- effect to the Restructuring Transactions and the Distribution, any of such party's Subsidiaries) is a party that inures to the benefit of more than one of the Columbia/HCA Group Business, the LifePoint Group Business and the Triad Group Business shall be assigned in part, on or prior to the Distribution Date or as soon as reasonably practicable thereafter, as directed by Columbia/HCA in its sole discretion with the intention that each Group shall continue to possess the rights and benefits, and be subject to the obligations, inuring to its business under such agreement.

Appears in 1 contract

Samples: Distribution Agreement (Columbia Hca Healthcare Corp/)

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