AHH Management definition
Examples of AHH Management in a sentence
The day-to-day management of the business and affairs of the Company, including those agreements and decisions which are not Material Agreements or Material Decisions, shall be the responsibility of AHH Management, provided, however, decisions relating to medical and clinical practice at the Hospital including, without limitation, establishing standardized clinical pathways shall be made exclusively by the qualified medical personnel of the Hospital in accordance with the Hospital and medical staff bylaws.
AHH Management may delegate to such governing body such duties and responsibilities of AHH Management as AHH Management deems necessary or appropriate.
AHH Management may then elect to contribute amounts which the Investor Members, in the aggregate, have not so contributed.
Each Member or his or her designated representatives shall, upon reasonable notice to AHH Management, have access to such financial books, records and documents during reasonable business hours and may inspect and make copies of any of them.
Third, in the event that AHH Management does not exercise its option to purchase Membership Interests of a Member whose ownership causes the Company not to be in compliance with Applicable Law, such Members may elect in writing within the following forty-five (45) day period, to require that the Company be dissolved, in which event the Company shall be dissolved in accordance with the terms of this Agreement.
AHH Management shall cause income tax returns for the Company to be prepared, at Company expense, and timely filed with the appropriate authorities.
Subject to the terms and conditions of this Agreement and except as otherwise provided herein, all Material Agreements and Material Decisions with respect to the business and affairs of the Company shall be approved or made by AHH Management and the Investor Manager in accordance with Section 5.16 hereof.
At all times during the continuance of the Company, AHH Management shall maintain or cause to be maintained true and full financial records and books of account showing all receipts and expenditures, assets and liabilities, profits and losses, and all other records necessary for recording the Company's business and affairs including those sufficient to record the allocations and distributions required by the provisions of this Agreement.
In such event, the Managers shall include, in addition to AHH Management or its designee, the president or chief executive officer of the Hospital who shall be designated by AHH Management and three (3) additional Managers elected from time to time by the Investor Members one of whom must be the medical director of the hospital.
Except as provided in this Agreement, decisions and actions to be taken by the Managers shall be deemed to have been made only upon the affirmative approval or consent of AHH Management and the Investor Manager.