Common use of Amount of Management Fee Clause in Contracts

Amount of Management Fee. Medical Practice and Practice Manager mutually recognize and acknowledge that Practice Manager will incur substantial costs and risks in providing the management administration, and other items and services that are the subject matter of this Agreement. It is the intent of the parties that the fees paid to Practice Manager approximate its costs and expenses plus a rate of return reflective of the magnitude of the investment and high risk taken by Practice Manager and the value of the services provided by Practice Manager. In consideration of the services to be famished by Physician Shareholders, Medical Practice shall retain 1% of the Gross Patient Revenues collected from radiation oncology services and pay a Management Fee equal to the balance of Gross Collections (as defined in Subsection 7.2 herein) collected based on services and goods provided during the Term or any Renewal Term including Gross Collections collected following the Term or any Renewal Term hereof that are based on such services and goods, after the payment of all reasonable Practice and Practice Manager expenses.

Amount of Management Fee. Medical Practice and Practice Manager mutually recognize and acknowledge that Practice Manager will incur substantial costs and risks in providing the management administration, and other items and services that are the subject matter of this Agreement. It is the intent of the parties that the fees paid to Practice Manager approximate its costs and expenses plus a rate of return reflective of the magnitude of the investment and high risk taken by Practice Manager and the value of the services provided by Practice Manager. In consideration of the services to be famished furnished by Physician Shareholders, Medical Practice shall retain 1% of the Gross Patient Revenues collected from radiation oncology services and pay a Management Fee equal to the balance of Gross Collections (as defined in Subsection 7.2 herein) collected based on services and goods provided during the Term or any Renewal Term including Gross Collections collected following the Term or any Renewal Term hereof that are based on such services and goods, after the payment of all reasonable Practice and Practice Manager expenses.