Assignment of Fees for Medical Services Sample Clauses

Assignment of Fees for Medical Services. (a) As compensation to IPS for all of the facilities, equipment and services rendered by it to Provider pursuant to the terms of this Agreement, and as full and complete payment therefor, Provider, Physician Stockholders, and Physician Employees hereby irrevocably assign and set over to IPS all of their rights to receive payment for the provision of medical services to patients of the Practice, including all charges which Provider or the Physician Stockholders or Physician Employees would otherwise xxxx and retain for their own account, and all of their rights to all other income or revenue generated by the operations of the Practice.. The parties acknowledge and agree that the compensation and benefits payable to Provider pursuant to the provisions of Section 7.1 are intended to be in lieu of charges which Provider or its Physician Stockholders or Physician Employees would otherwise earn for the provision of medical services to patients of their medical practice. Provider shall obtain, or cause to be obtained, from each Physician Stockholder and Physician Employee, an assignment of all of his right, title and interest in and to all fees for medical services rendered to patients of the practice and all of his rights to any other income or revenue generated by the operations of the Practice. Provider, Physician Stockholders and Physician Employees shall endorse any payments received on account of such services to the order of IPS and shall take such other actions as may be necessary to confirm to IPS the rights set forth in this Section 7.4(a).
AutoNDA by SimpleDocs
Assignment of Fees for Medical Services. (a) Without limiting the generality of the foregoing, subject to the distribution mechanism set forth in Section 4.1, excluding Government Health Program Receivables, it is the intent of the parties that the assignment to Sheridan of the rights described in Section 4.1(a) above shall be inclusive of the rights of the Company, the Shareholders and the Physician Employees to receive payment regarding any services rendered after the Commencem ent Date but prior to the effective date of any expiration or termination of this Agreement. Subject to the distribution mechanism set forth in Section 4.1, the Company and each of the Shareholders agrees and shall cause the Physician Employees and each future Shareholder and Physician Employee to agree, excluding Government Health Program Receivables, that Sheridan shall retain the right to collect and retain, for its own account, any accounts receivable relating to any of those services rendered prior to the effective date of any expiration or termination (a "Pre-Termination Accounts Receivable") and after the Commencement Date.
Assignment of Fees for Medical Services. (a) The parties acknowledge and agree that the compensation and benefits payable to Practice pursuant to Section 5.1 are intended to be in lieu of charges which Practice or

Related to Assignment of Fees for Medical Services

  • Technical Services Party B will provide technical services and training to Party A, taking advantage of Party B’s advanced network, website and multimedia technologies to improve Party A’s system integration. Such technical services shall include:

  • Agreement Not a Contract for Services Neither the Plan, the granting of the Restricted Shares, this Restricted Share Agreement nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Participant has a right to continue to provide services as an officer, director, employee, consultant or advisor of the Company or any Subsidiary or Affiliate for any period of time or at any specific rate of compensation.

  • Legal Services Legal services and expenses in connection with the affairs of the Trust, including registering and qualifying its shares with regulatory authorities;

  • Medical Services Medical and health care services provided to a Patient, including, but not limited to, medical and health care services provided to a Patient and performed by Borrower which are covered by a policy of insurance issued by an Insurer, and includes physician services, nurse and therapist services, dental services, hospital services, skilled nursing facility services, comprehensive outpatient rehabilitation services, home health care services, residential and out-patient behavioral healthcare services, and medicine or health care equipment provided by Borrower to a Patient for a necessary or specifically requested valid and proper medical or health purpose.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • ADMINISTRATION SERVICES The Administrator shall provide the following services, in each case, subject to the control, supervision and direction of the Fund and the review and comment by the Fund's auditors and legal counsel and in accordance with procedures which may be established from time to time between the Fund and the Administrator:

  • Compensation for Services Provided As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative services hereunder was not less than the compensation claimed, upon which representation the Trustee may conclusively rely. Such compensation shall be charged against the Income and/or Capital Accounts in accordance with Section 3.05. If the cash balance in the Income and Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 4.03, the Trustee shall have the power to sell (i) Securities from the current list of Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Securities have been so designated, such Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 4.03. Any moneys payable to First Trust Advisors L.P. pursuant to this Section 4.03 shall be secured by a lien on the Trust prior to the interest of Unit holders, but no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04 herein.

  • Business Locations; Agent for Process Each of Borrower’s and each of its Subsidiary’s chief executive office, location of books and records and other places of business are as listed on Exhibit 6.1.1 hereto, as updated from time to time by Borrower in accordance with the provisions of subsection 6.1.1. During the preceding one-year period, neither Borrower nor any of its Subsidiaries has had an office, place of business or agent for service of process, other than as listed on Exhibit 6.1.1. All tangible Collateral is and will at all times be kept by Borrower and its Subsidiaries in accordance with subsection 6.1.1. Except as shown on Exhibit 6.1.1, as of the date hereof, no Inventory is stored with a bailee, distributor, warehouseman or similar party, nor is any Inventory consigned to any Person.

  • The Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally or by equitable principles relating to enforceability.

Time is Money Join Law Insider Premium to draft better contracts faster.