GCMC definition
Examples of GCMC in a sentence
This Agreement shall bind and inure to the benefit of and be enforceable by the Seller, the GCMC Guarantor, the Purchaser and their respective permitted successors and assigns.
Any Person into which the Seller or the GCMC Guarantor may be merged or consolidated, or any Person resulting from any merger, conversion or consolidation to which the Seller or the GCMC Guarantor may become a party, or any Person succeeding to all or substantially all of the business of the Seller or the GCMC Guarantor, shall be the successor to the Seller or the GCMC Guarantor as the case may be, hereunder without any further act.
The Seller has executed and delivered, or is required to execute and deliver, the Indemnification Agreement, dated as of the first pricing date with respect to the Certificates, between, among others, the Dealers, the Seller, the GCMC Guarantor and the Depositor (the “Indemnification Agreement” and, together with this Agreement, the “Operative Documents”) covering the Seller Information in the Offering Documents.
In January 2020, the Systems Board of Directors approved the issuance of the new direct bank loan in the amount of $52 million to reimburse the System for prior capital expenditures related to the expansion of GCMC.
Chase shall not have any obligation to protect, secure, perfect or insure any lien at any time held by it as security for the Obligations or for this Guaranty or any property subject thereto.
The GCMC Guarantor acknowledges that it is presently informed of the financial condition of the Seller and of all other circumstances which diligent inquiry would reveal and which bear upon the risk of nonpayment of the Obligations.
No failure or delay on the part of any party to exercise any right, power or privilege under this Agreement and no course of dealing between the Seller or the GCMC Guarantor and the Purchaser shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege under this Agreement preclude any other or further exercise thereof or the exercise of any other right, power or privilege.
The System utilizes the 57,650-square-foot facility as the Skilled Nursing Unit at GCMC.
The warranties and representations and the agreements made by the Seller and the GCMC Guarantor herein shall survive delivery of the Mortgage Loans to the Trustee, but shall not be further assigned by the Trustee to any Person.
LMHS includes four acut▇ ▇are hospitals: Lee Memorial Hospital, HealthPark Medical Center, Gulf Coast Medical Center (GCMC), and Cape Coral Hospital.