Affected Facilities definition
Examples of Affected Facilities in a sentence
The Company irrevocably authorises the Intercreditor Agent to apply any amount deposited with it under this paragraph (f) towards prepayment of the Affected Facilities on the last day of the relevant interest period (as defined in the relevant Affected Facilities Agreement) or earlier at the discretion of the Intercreditor Agent.
As used herein, "qualified pharmacy provider" means a provider of institutional pharmacy services which alone or with Affiliates has the capability of servicing the FACILITY and at least 75% of the other Affected Facilities then being served by PROVIDER.
Subject to Clause 3.1 (Duration) no Finance Party shall take any Enforcement Action in respect of any default, event of default or termination event (howsoever described) under the Affected Facilities except in respect of a Default or an Event of Default under and in accordance with this Agreement as permitted under Clause 11.20 (Enforcement Action) and otherwise in accordance with the Security Sharing Agreement (when entered into).
Landlord shall be permitted to finance expansions of any Competing Facility within the Restricted Area that is already existing at any time in question, provided that the Percentage Rent attributable to any Affected Facilities shall thereafter be calculated monthly (and not based on the trailing five-year period as would have otherwise been the case for Facilities).
Manager shall, at all times, operate the Affected Facilities in conformity with (a) the bylaws, rules and regulations of the governing bodies of the Affected Facilities, (b) the standards of performance of all regulatory and accrediting agencies and authorities which exercise jurisdiction over the Affected Facilities, and (c) in a manner consistent with good and ethical business practices in the communities served by the Affected Facilities and the health care industry.