Management Contracts. Not enter into any agreement whereby the management, supervision or control of its business or any Facility shall be delegated to or placed in any persons other than its governing body and officers, the Borrower or a Consolidated Entity, except that management of the Facility owned by Vanderbilt ▇▇▇▇▇▇▇▇▇▇ Rehabilitation Hospital, L.P. is vested in part in a Governance Committee and in part in a Subsidiary of the Borrower pursuant to the applicable limited partnership agreement and a management agreement.
Appears in 4 contracts
Sources: Credit Agreement (Healthsouth Corp), Bridge Credit Agreement (Healthsouth Corp), Short Term Credit Agreement (Healthsouth Corp)
Management Contracts. Not enter into any agreement whereby the management, supervision or control of its business or any Facility shall be delegated to or placed in any persons other than its governing body and officers, the Borrower or a Consolidated Entity, except that management of the Facility owned by Vanderbilt ▇▇▇▇Stal▇▇▇▇▇▇ Rehabilitation ▇▇habilitation Hospital, L.P. is vested in part in a Governance Committee and in part in a Subsidiary of the Borrower pursuant to the applicable limited partnership agreement and a management agreement.
Appears in 1 contract