Payment Programs. To the extent that New Operator can demonstrate commercially reasonable efforts to qualify as providers, New Operator shall be satisfied, at their reasonable discretion, that they shall be able to enter into written participation agreements, effective as of the Closing and on terms and conditions consistent with the marketplace, with any of the current commercial third party payors holding an agreement with the Facility and consisting of more than five percent (5%) of the Facility gross revenue.
Appears in 3 contracts
Sources: Operations Transfer Agreement (Selectis Health, Inc.), Operations Transfer Agreement (Selectis Health, Inc.), Operations Transfer Agreement (Selectis Health, Inc.)