Lab Acquisition definition
Lab Acquisition means the purchase of the laboratory testing and ancillary services business of the Health Alliance of Greater Cincinnati for cash in an amount not to exceed $50,000,000 pursuant to and in accordance with the terms of the Asset Purchase Agreement dated as of November 28, 2003, between the Health Alliance of Greater Cincinnati, as Seller, for itself and on behalf of The ▇▇▇▇▇▇ Hospital, University Hospital, Inc., The St. Luke Hospitals, Inc., Jewish Hospital of Cincinnati, Inc. and The Fort ▇▇▇▇▇▇▇▇ Hospital, and the Company, as Buyer.
Examples of Lab Acquisition in a sentence
No Selling Entity or Hospital Entity shall engage in a Lab Acquisition Transaction unless, after the completion of such transaction, such Person has the power and authority to fulfill its obligations hereunder, and any successor is bound by the provisions hereof.
This Agreement (“Non-Compete Agreement”) is made as of March ___2006, by and between W Lab Acquisition Corp., a Delaware corporation (the “Company”), and the undersigned Executive.
Any dispute as to which entity or entities in a Lab Acquisition Transaction constitute the Controlling Entity shall be determined under Section 11 hereof, and all time limits under this Section 7(f) shall be adjusted accordingly.