Common use of Advances to the P Clause in Contracts

Advances to the P. C. The Manager shall make advances to the P.C. as provided by Section 5.6 herein. Such advances shall bear a reasonable rate of interest, as mutually agreed to by the Manager and the P.C., payable monthly. The Covered Services shall include assumption of all obligations of the P.C. to provide administrative services to Professional Personnel who are not employed by the P.C. The Manager may perform the Covered Services directly or by reimbursing the P.C. for the cost of any Covered Services.

Advances to the P. C. The Manager shall make advances to the P.C. as provided by Section 5.6 herein5.3 hereof. Such advances shall bear a reasonable rate of interest, as mutually agreed to by the Manager and the P.C., payable monthly. The Covered Services shall include assumption of all obligations of the P.C. to provide administrative services to Professional Personnel professional personnel who are not employed by the P.C. The Manager may perform the Covered Services directly or by reimbursing the P.C. for the cost of any Covered Services.

Advances to the P. C. The Manager Administrator shall make advances to the P.C. as provided by Section 5.6 herein. Such advances shall bear a reasonable rate of interest, as mutually agreed to by the Manager Administrator and the P.C., payable monthly. The Covered Services shall include assumption of all obligations of the P.C. to provide administrative services to Professional Personnel who are not employed by the P.C. The Manager Administrator may perform the Covered Services directly or by reimbursing the P.C. for the cost of any Covered Services.