SMRS definition
Examples of SMRS in a sentence
This Agreement has been duly authorized, executed and delivered by SMRS and is enforceable against SMRS in accordance with its terms.
Except as set forth on Schedule 2.1, (a) the SMRS Shares are owned of record and beneficially by Select, and (b) the Metro Therapy Shares are owned of record and beneficially by Select NY, in each case, free and clear of all Encumbrances (other than restrictions on transfer arising from federal and state securities Laws) and with no restriction on the voting rights and other incidents of record and beneficial ownership pertaining thereto.
Participating Health care facilities that have fully committed to SMRS.
Any Person that controls, is controlled by or is under common control with SMRS, as evidenced by contract or agreement.
Under Section 856(h) of the Code, SMRS will not be treated as an "individual" for purposes of Section 542(a)(2) of the Code (as modified by Section 856(h) of the Code) and no "individual" owns or would be considered to own (taking into account the ownership attribution rules under Section 544 of the Code, as modified by Section 856(h) of the Code) in excess of 5.0% of the value of the outstanding equity interests in SMRS.
Arrangements between SMRS and ▇▇▇▇▇▇▇ Core PT, OT and Speech Therapy at New York, LLC are in compliance in all material respects with all applicable Laws.
In the event of illegality, each of the terms of this Agreement is severable from the other terms of this Agreement and the severance of one term does not affect the other terms.
The purpose of this Memorandum of Understanding (MOU) is to provide for enhanced emergency management practices by authorizing the State Medical Response System (hereinafter SMRS) and by developing an active and robust healthcare coalition.
It is hereby agreed that any internal re- structuring or re-organization of SMRS shall not be deemed to be an assignment to a third party.
Select owns all of the issued and outstanding shares of common stock, par value $0.01, of SMRS (the “SMRS Shares”) and Select NY owns all of the issued and outstanding shares of common stock, no par value, of Metro Therapy (the “Metro Therapy Shares” and together with the SMRS Shares, the “Shares”).