USP and BIAS Carve-outs Sample Clauses

USP and BIAS Carve-outs. This Article XVI does not apply to Ventures related to ambulatory surgery centers in which the entire interest of each Member is owned through THVG #1 or any of its Subsidiaries. This Article XVI does not apply to the participation of Baylor and any Restricted Person affiliated with Baylor in Ventures related to ambulatory surgery centers that are located tin or Adjacent to the Campus of a Baylor Hospital or Similar Facility. After the closing of the proposed transaction or affiliation among BRCS and one or more of Xxxxxx Methodist Health System, Presbyterian Healthcare Resources and Arlington Memorial Hospital Foundation, Inc., BHCS and all Southwest Health System Entities (other than existing Restricted Affiliates of BHCS as of the date of these Regulations) will not be subject to this Article XVI. After the date of such closing, without first complying with this Article XVI, USP, USP Parent or any Restricted Affiliate of USP Parent may participate in Ventures related to an ambulatory surgery center if any Southwest Health System Entity (other than the Company, THVG # 1 and their Subsidiaries) owns a direct interest in that ambulatory surgery center.
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Related to USP and BIAS Carve-outs

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