Medicare Certification definition
Examples of Medicare Certification in a sentence
The Borrower shall at all times maintain in full force and effect the Medicare Certification, the Medicaid Certification, the Medicare Provider Agreement and the Medicaid Provider Agreement, except to the extent that the failure to do so would not cause a Material Adverse Effect or a material adverse effect on the prospects of the Borrower on a consolidated basis.
Since the date of the most recent Medicare Certification and Medicaid Certification, the Borrower has not taken any action that would have a material adverse effect on the Certification or the Medicare Provider Agreement or Medicaid Provider Agreement.
The Borrower shall fail to obtain a final certificate of occupancy, a license to operate, Medicare Certification and Medicaid Certification (as applicable) within eighteen (18) months after the Closing Date or after the receipt thereof, such license to operate, Medicare Certification or Medicaid Certification (as applicable) shall expire, terminate, be cancelled or otherwise lost.
No Medicaid Certification or Medicare Certification is required for the operation of the business) of the Borrower or any Guarantor and neither the Borrower nor any Guarantor is required to have entered into Medicare Provider Agreement or Medicaid Provider Agreement for the operation of its business).
Any Medicaid Certification or Medicare Certification of a Borrower, or any physician, medical professional corporation or other Person with which a Borrower has entered into a services, management or similar agreement shall expire, terminate, be canceled or otherwise lost, the result of which shall or could reasonably be expected to have a Material Adverse Effect.
The Operator shall at all times maintain in full force and effect the Medicare Certification, the Medicaid Certification, the Medicare Provider Agreement and the Medicaid Provider Agreement.
The Borrower's license to operate, Medicare Certification or Medicaid Certification (as applicable) shall expire, terminate, be cancelled or otherwise lost.
Any Credit Party shall be suspended or excluded from (i) any Medicaid Provider Agreement, Medicaid Certification, Medicare Provider Agreement, Medicare Certification or (ii) any Medical Reimbursement Program, where such exclusion or suspension arises from fraud or other claims or allegations which could reasonably be expected to have a Material Adverse Effect.
Since the date of the most recent Medicare Certification and Medicaid Certification with respect to each Facility, none of the Borrower or any Subsidiary has taken any action that would materially adversely affect such certification or the Medicare Provider Agreement or Medicaid Provider Agreement with respect to such Facility that would be material to the conduct of the Borrower's business.
Since the date of the most recent Medicare Certification and Medicaid Certification with respect to each Facility, none of the Company or any Subsidiary has taken any action that would materially adversely affect such Certification or the Medicare Provider Agreement or Medicaid Provider Agreement with respect to such Facility.