Common use of Medicare and Medicaid Clause in Contracts

Medicare and Medicaid. (a) Borrower represents and warrants that neither Borrower nor any management agent for the Mortgaged Property or any operator of the Mortgaged Property currently participates in any Medicaid programs, Medicare programs or any other third party payors’ programs or other similar provider payment programs in connection with the operation of the Mortgaged Property.

Appears in 4 contracts

Samples: And Security Agreement and Fixture Filing (Cornerstone Healthcare Plus Reit, Inc.), Rents and Security Agreement and Fixture Filing (Capital Senior Living Corp), And Security Agreement (Emeritus Corp\wa\)

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Medicare and Medicaid. (a) Borrower represents and warrants that neither Borrower nor any management agent for the Mortgaged Property or any operator of the Mortgaged Property currently participates in any Medicaid programsMedicare, Medicare Medicaid, TRICARE programs or similar federal, state, local or any other third party payors’ programs or other similar provider payment programs (“Governmental Payor Program”) in connection with the operation of the Mortgaged Property.

Appears in 3 contracts

Samples: And Security Agreement (Emeritus Corp\wa\), And Security Agreement (Emeritus Corp\wa\), And Security Agreement (Emeritus Corp\wa\)

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