Mother Xxxxxxx definition

Mother Xxxxxxx clause contained in Paragraph 1 is for the purpose of including small strips of land contiguous to the land leased herein which are owned by Lessor that may have been inadvertently missed via the attached description and will not permit an unreasonable extension of the lands to be covered by said Lease. To the extent that said strips increase the total leased acreage herein, said acreage amount shall include and add to the total acreage of this Lease for the purpose of the payment of annual delay rental and shut-in royalty.

Mother Xxxxxxx means Mother Xxxxxxx Hospital Regional Health Care Center.

Examples of Mother Xxxxxxx in a sentence

• EXHIBIT F PERMITTED REFERRAL SOURCES St. Xxxxxx Health System hospitals and clinics Seton Healthcare Network hospitals and clinics Trinity Mother Xxxxxxx hospitals and clinics College Station Medical Center Central Texas Digestive Disease Association, P.A. Lakeside Hospital at Bastrop Clinical Pathology Laboratories, Inc.

• The Partners hereby agree that Mother Xxxxxxx Hospital Regional Health Care Center shall have an option to increase its limited partner’s interest in the Partnership up to 5% on or before December 31, 2005; provided, however, that Mother Xxxxxxx Hospital Regional Health Care Center’s rights under Article VI shall not be modified or restricted by virtue of this provision.

• The price PPI or the Partnership shall pay to Mother Xxxxxxx for such Partnership interest shall be five percent (5%) of the sum of (i) the net working capital of the Partnership as shown on the most recently available balance of the Partnership prior to the date such Partnership interest is issued plus (ii) the greater of (x) $21,900,000 or (y) the product obtained by multiplying 5 times Trailing EBITDA, less (iii) the debt of the Partnership as shown on such balance sheet.

• The Strategic Relations Committee shall be comprised of at least five (5) members, which members must include the president of Trinity Mother Xxxxxxx Health System, the chief operating officer of Trinity Mother Xxxxxxx Health System, the Chairman of Palestine Regional Medical Center’s local Governing Board, the regional vice president of Province Healthcare Company in charge of the Hospitals, and the chief executive officer of Palestine Regional Medical Center.

• The First Refusal shall be granted by written notice of intention to make a bona fide disposition by Mother Xxxxxxx stating the offer to sell, the Partnership interest offered, purchase price therefor which shall be the terms on which Mother Xxxxxxx proposes to dispose of its Partnership interest, and the name and address of the on to whom Mother Xxxxxxx desires to transfer the Partnership interests.

• For fifteen (15) days Mother Xxxxxxx shall xxxxx to PPI a right of first refusal (the “First Refusal”) to purchase Mother Xxxxxxx’s Partnership interest at a price equal to a bona fide written offer to Mother Xxxxxxx by an independent third party.

• If Mother Xxxxxxx exercises its right to purchase additional Partnership interest pursuant to Section 6.1, its rights under this Section 6.2 shall forthwith cease.

• If Mother Xxxxxxx exercises its right to put its Partnership interests to PPI or the Partnership pursuant to Section 6.2, its rights under this Section 6.1 shall forthwith cease.

• The First Refusal may be exercised only by actual delivery to Mother Xxxxxxx, prior to the termination of the time period, of a notice of exercise.

• At the closing, Mother Xxxxxxx shall deliver to PPI duly executed instruments transferring Mother Xxxxxxx’s Partnership interest to PPI against payment of the purchase price by a delivery of a check or wire transfer of funds to an account designated by Mother Xxxxxxx.