Certain Conditions Precedent and Transitional Provisions Contract Clauses (5)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Certain Conditions Precedent and Transitional Provisions clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Certain Conditions Precedent and Transitional Provisions. 30.1Certain Conditions Precedent. 30.1.1The effectiveness of this Sublease, Sublessor's and Sublessee's rights and obligations hereunder and the consummation of the transactions contemplated thereby are subject to satisfaction of the condition precedent that Sublessee has obtained the Required Authorizations (as defined below) for the Facility. 30.1.2Sublessee ("Applicant"), with respect to the Facility, shall file and submit all applications, petitions and other documents (collectively, the "Re...quired Authorization Applications") that are necessary or appropriate for it to obtain all of the Required Authorizations for the Facility. 30.1.3Sublessor shall cooperate reasonably, and cause Exiting Operator to cooperate reasonably, with Applicant's aforesaid efforts to obtain and maintain the Required Authorizations. 30.1.4The term "Required Authorizations" shall mean, with respect to the Facility, such consents, approvals and other assurances, oral or written, as are, under local custom and practice, customarily obtained from state licensing authorities by reasonable operators of facilities like the Facility, acting in good faith, before such an operator takes possession of, and begins to operate, a facility like the Facility. 30.2Additional Conditions Precedent. 30.2.10HUD Cap Ex Account. 30.2.11Redevelopment. 30.2.12HUD Addendum. View More
Found in REGIONAL HEALTH PROPERTIES, INC contract
Certain Conditions Precedent and Transitional Provisions. 30.1Certain Conditions Precedent. 30.1.1The effectiveness of this Sublease, Sublessor's and Sublessee's rights and obligations hereunder and the consummation of the transactions contemplated thereby are subject to satisfaction of the condition precedent that Sublessee has obtained the Required Authorizations (as defined below) for the Facility. 30.1.2Sublessee ("Applicant"), with respect to the Facility, shall file and submit all applications, petitions and other documents (collectively, the "Re...quired Authorization Applications") that are necessary or appropriate for it to obtain all of the Required Authorizations for the Facility. 30.1.3Sublessor shall cooperate reasonably, and cause Exiting Operator to cooperate reasonably, with Applicant's aforesaid efforts to obtain and maintain the Required Authorizations. 30.1.4The term "Required Authorizations" shall mean, with respect to the Facility, such consents, approvals and other assurances, oral or written, as are, under local custom and practice, customarily obtained from state licensing authorities by reasonable operators of facilities like the Facility, acting in good faith, before such an operator takes possession of, and begins to operate, a facility like the Facility. 30.2Additional Conditions Precedent. 30.2.10HUD Cap Ex Account. 30.2.11Redevelopment. 30.2.12HUD Addendum. View More
Found in REGIONAL HEALTH PROPERTIES, INC contract
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