Chronimed definition

Chronimed has reviewed all of Orphan's filings with the Securities and Exchange Commission and has taken all actions that it has determined to be appropriate or necessary to assess the merits and risks of an investment in the Shares.
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Chronimed at ▇▇▇▇▇▇'▇ request, shall guaranty ▇▇▇▇▇▇'▇ indebtedness to First Bank under that certain Short Term Finance Facility (the "Principal Indebtedness") to be entered by and among ▇▇▇▇▇▇ and First Bank, a copy of which is attached hereto as Exhibit A. Chronimed's guaranty obligation shall be limited strictly to and dictated by the terms of the Principal Indebtedness and shall extend to no other indebtedness, undertaking, or extension of the Principal Indebtedness existing between ▇▇▇▇▇▇ and First Bank or any other lending institution.
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Chronimed and together with BioScrip, each a “Guarantor” and collectively, the “Guarantors”), in favor of HFG HEALTHCO-4 LLC, a Delaware limited liability company (the “Lender”). The Lender has entered into that certain Amended and Restated Loan and Security Agreement, dated as of September 26, 2007 (as amended, restated, modified or supplemented from time to time, the “LSA”; capitalized terms used herein and not defined herein shall have the meanings attributed thereto in the LSA) with certain Subsidiaries of the Guarantors party thereto as Borrowers (each, together with each one’s corporate successors and assigns, a “Borrower” and, collectively, the "Borrowers”). Each Guarantor will derive substantial benefit from the transactions contemplated by the LSA. Each Guarantor would like to amend and restate the Guaranty, dated as of January ___, 2002, as amended by the First Amendment, dated as of July 5, 2006 by BioScrip (the “Original Guaranty”) to, among other things, add Chronimed as a Guarantor and restate the obligations being guaranteed. Accordingly, in consideration of the premises, and in order to induce the Lender under the LSA to make loans to the Borrowers and other financial accommodations thereunder, the Guarantors hereby agree to amend and restate the Original Guaranty as follows:
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Examples of Chronimed in a sentence

  • Chronimed and MGI shall use reasonable efforts to cause the Form 10 to become effective under the Exchange Act.

  • Chronimed will receive preferred costing during the first six months of this agreement.

  • In addition, MGI shall reimburse Chronimed for any costs incurred or funds advanced by Chronimed following the Effective Date with respect to any such letters of credit.

  • Each of Chronimed and MGI shall select one (1) arbitrator, and the arbitrator so selected shall select the third arbitrator.

  • Chronimed and MGI shall take all such action as may be necessary or appropriate under the securities or blue sky laws of states or other political subdivisions of the United States in connection with the transactions contemplated by this Agreement and the Ancillary Agreements.

  • Chronimed further agrees that MGI shall retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof, and Chronimed agrees to pay to MGI, when received, any amounts which shall be received by Chronimed in respect of any Assets transferred to MGI hereunder.

  • Such records shall be the property of MGI, but shall be available to Chronimed for review and duplication until Chronimed shall notify MGI in writing that such records are no longer of use to Chronimed.

  • It is anticipated that each Chronimed shareholder on the Record Date will receive one (1) share of MGI Common Stock for each three (3) shares of Chronimed held by such a shareholder.

  • Chronimed expects that of the 4,500,000 shares of MGI Common Stock which Chronimed currently owns or will own, approximately 4,100,000 shares will be distributed to Chronimed shareholders, and approximately 400,000 shares will be contributed to the capital of MGI.

  • Fees and disbursements of counsel and accountants for Chronimed, underwriting discounts and commissions and transfer taxes for Chronimed and any other expenses incurred by Chronimed not expressly included above shall be borne by Chronimed (collectively, "Chronimed Expenses").