Common use of Third Party Reimbursement Clause in Contracts

Third Party Reimbursement. (a) The Corporation and each of the other Members of the Obligated Group is duly authorized and licensed and certified to operate its Facilities (as hereinafter defined) and receive reimbursement therefor (to the extent reimbursement is applicable and available) under applicable Missouri law. As used herein, “Facilities” means any and all right, title and interest in and to property, plant and equipment of the Corporation, each other Member or such Affiliate.

Appears in 2 contracts

Sources: Continuing Covenant Agreement, Continuing Covenant Agreement