Hospital Lease Sample Clauses

Hospital Lease. Sellers shall have obtained the consent of Hernando County to the assignment of the Hospital Lease to the Spring Hill/Brooksville Hospitals Buyer. Such consent shall be in a form reasonably acceptable to Buyers. The amendments to the Hospital Lease described as conditions to closing on Schedule 10.24 shall also have been obtained from Hernando County.
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Hospital Lease. Buyers shall negotiate in good faith with Hernando County, using commercially reasonable efforts to negotiate the assignment of the Hospital Lease, including such amendments as may be reasonably negotiated between Xxxxxx and Hernando County; provided, however, that Buyers shall only propose amendments to Hernando County with respect to the matters described on Schedule 10.24 (which shall include certain matters which constitute conditions to closing for Buyers under Section 7.9 and certain other matters which do not constitute conditions to closing). Sellers shall cooperate in good faith with Xxxxxx and use commercially reasonable efforts in negotiating with Hernando County to receive the consent from Hernando County to the assignment of the Hospital Lease to the Spring Hill/Brooksville Hospitals Buyer.
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Hospital Lease. Subject to voter approval on November 6 • 5-year terms, renewable by Adventist Health 5 times, up to 30 years • Option to buy, subject to voter approval in separate, future election Will the hospital re-open in October? The district, with support from Adventist Health, is pushing hard toward an October 15 opening. Adventist Health has deployed a large workforce at their expense to get our hospital ready to reopen. While there is no 100% guarantee that state and federal agencies will give approval, we have every confidence, based on our continued dialogue with these agencies and AH’s expertise in managing hospitals, that we will re-open on that date. We are onboarding more than 100 employees on September 10 and have announced an October 15 ribbon-cutting. The work that has been accomplished since the June 27 board approval is nothing short of remarkable. Why did the board choose Adventist Health for this partnership? Adventist Health’s proposal was the only one that offered to re-open the hospital quickly and without requiring a bond. The organization also has a proven track record of turning around struggling hospitals. Examples include hospitals in Reedley, Selma, Marysville and Tehachapi. It also has the support of a large healthcare system, with 20 hospitals in the Western U.S. and is ranked among the largest 5 nonprofit healthcare systems in California. Why was Adventist Health interested in Tulare? Adventist Health’s mission to live God’s love by inspiring health, wholeness and hope leads the organization to look for ways to expand access to care. With hospitals in Xxxxxxx, Xxxxx, Reedley and Bakersfield and dozens of medical offices across the Valley, the Tulare hospital provides an opportunity to build synergy among the services and expand access to care. What services will be offered when the hospital re-opens? The hospital will reopen with nine basic services – emergency, medical surgical nursing, intensive care, emergency surgery, anesthesia, pharmacy, nutritional services, medical imaging and lab. Additional services, such as obstetrics (childbirth), pediatrics, elective surgery and outpatient imaging, will be re-opened as soon as staffing and additional repairs are complete and AH can ensure quality programs. Is it true that Adventist Health won’t have to make any lease payments for 18 months, and all hospital revenue will go to them? During the first six months after the license transfer, which is expected in the first quarter of 2019, the dis...
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Hospital Lease. The Hospital Lease is in full force and effect, constitutes the entire agreement between Seller and Hospital Tenant with respect to the leasing of the Property and has not been modified or amended in any manner. There are no monetary defaults with respect to the obligations of Hospital Tenant under the Hospital Lease and, to Seller’s Knowledge, there are no other material defaults or events of default under the Hospital Lease by either party thereunder and no acts or occurrences which, with the giving of notice or the passage of time, or both, would constitute material defaults or events of default under the Hospital Lease by either party thereunder. There is no other holder of any interest in the Hospital Lease or the Rent payable thereunder. There are no other leases affecting the Property other than the Hospital Lease. As used in this Agreement, the terms “to Seller’s Knowledge”, “to the Knowledge of Seller”, “known to Seller” or any similar phrase, shall mean and refer to only the current actual (not the constructive or imputed) knowledge of Xxxxxxx X. Xxxxx, Xxxx Xxxxxxxxxxx or Xxxxx X. Lake, and shall not be construed to refer to the knowledge of any other partner, officer, director, agent, manager, member, authorized person,
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Hospital Lease. (a) The Hospital Lease is in full force and effect, constitutes the entire agreement between Seller and Hospital Tenant with respect to the leasing of the Property and has not been modified or amended in any manner, (b) there are no monetary defaults with respect to the obligations of Hospital Tenant under the Hospital Lease and, to Seller’s knowledge, there are no other defaults or events of default under the Hospital Lease by either party thereunder, and (c) Seller is not a party to any leases affecting the Property other than the Hospital Lease.
Sample 1
Hospital Lease. During the period between Seller’s execution of this Agreement and the Close of Escrow or termination of this Agreement, Seller shall not terminate, renew, amend or modify the Hospital Lease without Buyer’s prior written consent. Prior to the Close of Escrow, Seller shall not, without Buyer’s prior written consent, accept from Hospital Tenant payment of Rent more than one (1) month in advance.
Sample 1
Hospital Lease. The copy of the Hospital Lease delivered to Buyer is a true, correct and complete copy of the Hospital Lease. The Hospital Lease is in full force and effect, constitutes the entire agreement between Seller and Hospital Tenant with respect to the leasing of the Property and has not been modified or amended in any manner. Except as disclosed in the last sentence of this subsection, there are no monetary defaults with respect to the obligations of Hospital Tenant under the Hospital Lease and, to Seller’s Knowledge, there are no other defaults or events of default under the Hospital Lease by either party thereunder and no acts or occurrences which, with the giving of notice or the passage of time, or both, would constitute a default or event of default under the Hospital Lease by either party thereunder. Seller has not delivered a written notice to Hospital Tenant informing Hospital Tenant that it is in default of the Hospital Lease, nor has Seller received from Hospital Tenant a written notice asserting that Seller is in default. There is no other holder of any interest in the Hospital Lease or the Rent payable thereunder. There are no other leases, licenses or other occupancy agreements affecting the Property to which Seller is a party, other than the Hospital Lease. Seller has no knowledge of any claims, offsets or defenses by Hospital Tenant under the Hospital Lease. No brokerage or leasing commissions or other compensation is or will be due or payable to any person, firm, corporation or other entity with respect to or on account of the current term of the Hospital Lease or any extension or renewal thereof. Seller has no outstanding obligation to provide Hospital Tenant with an allowance of any kind or to construct any improvements to the Real Property. Seller has not received rent or other charges from any Hospital Tenant more than one (1) month in advance. No guarantor of the Hospital Lease, if any, has been released or discharged, voluntarily or involuntarily or by operation of law, from any obligation with respect to the Hospital Lease that is guarantee. Seller has not applied all or any portion of the security deposit under the Hospital Lease to any Rent or to cure a default by Hospital Tenant thereunder. Prior to the execution of this Agreement, Seller disclosed to Buyer (i) Hospital Tenant’s request to pay rent under the Hospital Lease for the months of October and November, 2014 in installments in order to preserve cash on Hospital Tenant’s balance...
Sample 1
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Hospital Lease. During the period between Seller’s execution of this Agreement and the Close of Escrow or sooner termination of this Agreement, Seller shall not (i) terminate, declare a default under, renew, amend or modify the Hospital Lease, (ii), release any guarantor of or apply any security for the Hospital Lease; (iii) cause, permit or consent to an alteration of the Property where such consent is required by the terms of the Hospital Lease; (iii) consent to or approve of any assignment of the Hospital Lease or sublease of the Property (where such consent or approval is required by the terms of the Hospital Lease), or (iv) enter into any new lease, license or other occupancy agreement with respect to the Property, in each case without first obtaining Buyer’s prior written consent. Prior to the Close of Escrow, Seller shall not, without Buyer’s prior written consent, accept from Hospital Tenant payment of Rent more than one (1) month in advance.
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Hospital Lease. Subject to the continuing satisfaction of all the conditions described in Section 1 and all other provisions of this Agreement, the Xxxxxxxx Authority, Xxxxxx and a wholly-controlled, non-profit tax exempt affiliate of Xxxxxx (“Xxxxxx Sub”) shall no later than sixty
Sample 1

Related to Hospital Lease

  • Capital Lease Any lease of property (real, personal or mixed) which, in accordance with GAAP and Statement No. 13 of the Financial Accounting Standards Board, would be permitted or required to be capitalized on the lessee's balance sheet.

  • Capital Leases No Covered Person has an interest as a lessee under any Capital Leases other than Capital Leases that are Permitted Indebtedness.

  • Operating Lease The parties hereto intend that this Lease shall be deemed for all purposes to be an operating lease and not a capital lease.

  • Lease The Lease Agreement (Federal Express Corporation Trust No. N678FE) dated as of June 15, 1998, as amended and restated as of September 1, 1998, entered into by the Lessor and the Lessee concurrently with the execution and delivery of the Indenture, including, without limitation, supplementation by one or more Lease Supplements entered into pursuant to the applicable provisions of the Lease.

  • Rental You may not rent, lease, or lend the SOFTWARE PRODUCT.

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

  • Tenant Leases All existing Tenant Leases are listed in the Rent Roll. Seller has delivered, prior to the date hereof, to Buyer true and complete copies of all Tenant Leases including, but not limited to all amendments and notices of commencement and renewal and all correspondence related thereto, with the exception of that certain lease with Motherhood Maternity at the Finger Lakes Property. The Rent Roll is accurate as to the information set forth therein in all material respects as of the date set forth therein. Except as set forth in the Rent Roll and the Tenant Leases, Seller has not entered into any oral or written Tenant Leases, nor has Seller given any person (other than the Tenants named in the Rent Roll) any right of possession to the Property or any part thereof, and there are no other Tenant Leases or rights of possession. Except as set forth in the Rent Roll and the Tenant Leases, Seller has not given any concessions of any kind or character (including, without limitation, free or reduced rent, free or reduced parking, buy-out, finish out, moving, refurbishment, Tenant equity in the Property, cash payments to Tenants, lease assumptions and other concessions or allowances granted to induce a Tenant to enter into a lease, or expand or renew a lease, (collectively, "Concessions")) to any Tenant. No rent under any Tenant Lease has been paid more than one (1) month in advance by any Tenant. No Tenant has made any claim against Seller for any security deposits or other deposits (which has not been satisfied), and, except as set forth in Exhibit B, no Tenant has any defense or offset to rent accruing after the Closing Date. The Tenant Leases described in the Rent Roll are in full force and effect (except as to Tenants in bankruptcy who may assume or reject such Tenant Leases) and, except as set forth on the Rent Roll, no breach exists in the payment of rents except as shown on the Rent Roll, no other default or breach exists on the part of any Tenant thereunder except as disclosed to Buyer in writing or identified on the Rent Roll, and except as set forth in Exhibit B, Seller has not received any notice of any alleged default or breach on the part of Seller thereunder. All Deposits (and a statement as to whether interest is payable thereon in accordance with the terms of the applicable Tenant Lease) are listed in the Rent Roll.

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

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