Termination by Management Company. The Management Company may terminate this Agreement effective immediately by giving written notice of termination to the Medical Group (a) in the event of a Bankruptcy Event relating to the Medical Group, (b) in the event the Medical Group shall default in any material respect in the performance of any duty or obligation imposed upon it by this Agreement and the Medical Group shall not have taken reasonable action commencing curing of such default within thirty (30) days after written notice thereof has been given to the Medical Group by the Management Company or the Medical Group does not thereafter diligently prosecute such action to completion, (c) in the event that any of the representations and warranties made by the Medical Group in Section 6 is untrue or misleading in any material respect, provided that the Management Company shall have previously given written notice to the Medical Group describing in reasonable detail the nature of the item in question and the Medical Group shall not have cured such matter within thirty (30) days of such notice, or (d) in the event the Medical Group is excluded from the Medicaid or Medicare program for any reason.
Termination by Management Company. The Management Company may terminate this Agreement effective immediately by giving written notice of termination to the Medical Group (a) in the event of a Bankruptcy Event relating to the Medical Group, (b) in the event the Medical Group shall default in any material respect in the performance of any duty or obligation imposed upon it by this Agreement and the Medical Group shall not have taken reasonable action commencing curing of such default within thirty (30) days after written notice thereof has been given to the Medical Group by the Management Company or the Medical Group does not thereafter diligently prosecute such action to completion; provided, however, that the Medical Group shall have only 10 days after written notice to cure a default arising as a result of its failure to pay any monetary obligation owed to the Management Company hereunder, (c) in the event that any of the representations and warranties made by the Medical Group in Section 6 is untrue or misleading in any material respect, provided that the Management Company shall have previously given written notice to the Medical Group describing in reasonable detail the nature of the item in question and the Medical Group shall not have cured such matter within thirty (30) days of such notice, or (d) in the event the Medical Group is excluded from the Medicaid or Medicare program for any reason and the Medical Group has not successfully appealed such exclusion within 120 days after the effectiveness thereof.
Termination by Management Company. 76 12.3. Termination by Medical Group or Management Company ........... 77 12.4.
Termination by Management Company. The Management Company may terminate this Agreement effective immediately by giving written notice of termination to the Medical Group (a) in the event of a Bankruptcy Event relating to the Medical Group, (b) in the event the Medical Group shall default in any material respect in the performance of any duty or obligation imposed upon it by this Agreement and the Medical Group shall not have taken reasonable action commencing curing of such default within thirty (30) days after written notice thereof has been given to the Medical Group by the Management Company or the Medical Group does not thereafter diligently prosecute such action to completion, (c) in the event that any of the representations and warranties made by the Medical Group in Section 6 is untrue or misleading in any material respect, provided that the Management Company shall have previously given written notice to the Medical Group describing in reasonable detail the nature of the item in question and the Medical Group shall not have cured such matter within thirty (30) days of such notice, or (d) in the event that the Medical Group is excluded from the Medicaid or Medicare program as a result of disciplinary action taken against any medical professional affiliated with the Medical Group by the state or Federal agency responsible for the operation and supervision of such program, and such agency delivers a notice of such exclusion to the Medical Group (a copy of which the Medical Group will promptly deliver to the Management Company).
Termination by Management Company. If Management Company terminates this Agreement due to the insolvency of PC (Section 9.1.1), for a material breach by PC (Section 9.1.2), or PC fails to suspend a physician whose license is suspended, revoked or not renewed (Section 9.2), PC agrees, within 90 days of the date of termination of this Agreement, at Management Company's option, to purchase from Management Company the Management Company's assets utilized directly by PC in the operation of PC business (the "Assets") as set forth in Sections 10.1.1 and 10.1.3 below.
Termination by Management Company. If Management Company terminates this Agreement due to the insolvency of PA or Midwest (Section 9.1.1), for a material breach by PA or Midwest (Section 9.1.2), or PA fails to suspend a Physician-Employee whose license is suspended, revoked or not renewed (Section 9.2.1), PA and/or Midwest agree, within 90 days of the date of termination of this Agreement, at Management Company's option, to purchase from Management Company the Assets as more fully set forth in Sections 10.1.1 and 10.1.3 below if there is no Co-Occupant.
Termination by Management Company. If Management Company terminates this Agreement due to the insolvency of NCRM (Section 8.1.1), or for a Finding of material breach by NCRM (Section 8.1.2), or NCRM fails to suspend a physician whose license is suspended, revoked or not renewed (Section 8.2), the following shall apply:
Termination by Management Company. If Management Company terminates this Agreement due to the insolvency of UFC (Section 8.1.1), or for a Finding of material breach by UFC (Section 8.1.2), or UFC fails to suspend a physician whose license is suspended, revoked or not renewed (Section 8.2), the following shall apply:
Termination by Management Company. If Management Company terminates this Agreement during the Initial Term pursuant to Article 10, due to the insolvency of LLC (Section 10.1.2), or for a Finding of material breach by LLC (Section 10.1.3), or LLC fails to suspend a physician whose license is suspended, revoked or not renewed (Section 10.2), the following shall apply:
