Examples of SNF Business in a sentence
Conversely, creditors of the SNF Business account for approximately 90% of the total amount of unsecured claims, whereas creditors of the Rehab Business account for approximately 10% of the total unsecured claim pool.
Unfortunately, however, that did not occur in this case, as the Plan before the Court impermissibly reallocates value from creditors of the Rehab Business to creditors of the SNF Business.
Further, the Debtors treat Senior Rehab Solutions and the Rehab Business as a distinct business line from the SNF Business.
As discussed above, while the Debtors are comprised of numerous entities, the Debtors’ business operations are clearly defined through the separate SNF Business line and the Rehab Business line.6 The Plan Proponents have acknowledged the ability to separate the two business lines by, among other things, maintaining separate financial statements, tracking and allocating revenue and expenses, and providing separate valuations of the SNF and Rehab Businesses in support of confirmation.
Confirmation discovery has revealed that the Plan Proponents value the Rehab Business at approximately $24.35 million and the SNF Business atonly approximately $13.9 million.
Primary and Alternate locations must meet requirements outlined in the Office of the Chief of Naval Operations Instructions (OPNAVINST) N9210.3, Dated Jun 7, 2010; SAFEGUARDING OF NAVAL NUCLEAR PROPULSION INFORMATION (NNPI).
Any tax reductions, nevertheless, will deliver substantial economic benefits.
Notably, it appears that no Committee member (nor any other unsecured creditor identified by the Debtors during confirmation discovery) is a creditor of Senior Rehab Solutions and/or filed a proof of claim against Senior Rehab Solutions, further evidencing the fact that creditors dealt with the Rehab Business and the SNF Business separately.
This agreement shall automatically terminate in the event of its assignment; provided, however, that this agreement has been approved by the Board and the Disinterested Trustees of the Board in anticipation of your transfer of the Allocable Portion in order for you to raise funds to cover distribution expenses associated with Class B Shares and therefore such transfer will not cause this agreement to terminate.
One copy of both the “Acknowledgment of Receipt of this Notice” and the “Refusal to Sign Acknowledgment of Receipt of this Notice” (if applicable) should be sent to the insurance company’s Utilization Management Department, the Personal Care Physician and Attending Physician, and the SNF Business Office respectively.