Common use of Billing and Collection Agent Clause in Contracts

Billing and Collection Agent. ProDent shall serve as billing and collection agent for the P.C. in connection with the Practice. ProDent shall establish a depository bank account on behalf of the Practice and will deposit into such account collected fees generated from the Practice. As provided for in standing instructions issued by the P.C. to the bank where such depository account is located, ProDent may withdraw all monies daily from said bank account for processing at a central location to be used for payment of the P.C.'s expenses, including the administrative services fee set forth in Section 5.4 hereof and any amounts advanced to the P.C. pursuant to Section 5.6 hereof. Said processing will consist of establishing and maintaining a book account for the P.C. showing all fee collections and expense disbursements made by ProDent at the P.C.'s request. ProDent will provide the P.C. with periodic financial statements for the Practice reflecting such processing.

Appears in 2 contracts

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc), Administrative Services Agreement (Valley Forge Dental Associates Inc)

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Billing and Collection Agent. ProDent VFD of PA shall serve as billing and collection agent for the P.C. in connection with the Practice. ProDent VFD of PA shall establish a depository bank account on behalf of the Practice and will deposit into such account collected fees generated from the Practice. As provided for in standing instructions issued by the P.C. to the bank where such depository account is located, ProDent VFD of PA may withdraw all monies daily from said bank account for processing at a central location to be used for payment of the P.C.'s expenses, including the administrative services fee set forth in amounts payable to VFD of PA pursuant to Section 5.4 5.1 hereof and any amounts advanced to the P.C. pursuant to Section 5.6 5.3 hereof. Said processing will consist of establishing and maintaining a book account for the P.C. showing all fee collections and expense disbursements made by ProDent VFD of PA at the P.C.'s request. ProDent VFD of PA will provide the P.C. with periodic financial statements for the Practice reflecting such processing.

Appears in 1 contract

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc)

Billing and Collection Agent. ProDent The Administrator shall serve as billing and collection agent for the P.C. in connection with the Practice. ProDent The Administrator shall establish a depository bank account on behalf of the Practice and will deposit into such account collected fees generated from the Practice. As provided for in standing instructions issued by the P.C. to the bank where such depository account is located, ProDent the Administrator may withdraw all monies daily from said bank account for processing at a central location to be used for payment of the P.C.'s expenses, including the administrative services fee set forth in Section 5.4 hereof and any amounts advanced to the P.C. pursuant to Section 5.6 hereof. Said processing will consist of establishing and maintaining a book account for the P.C. showing all fee collections and expense disbursements made by ProDent the Administrator at the P.C.'s request. ProDent The Administrator will provide the P.C. with periodic financial statements for the Practice reflecting such processing.

Appears in 1 contract

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc)

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Billing and Collection Agent. ProDent shall serve as billing and collection agent for the P.C. in connection with the Practice. ProDent shall establish a depository bank account on behalf of the Practice and will deposit into such account collected fees generated from the Practice. As provided for in standing instructions issued by the P.C. to the bank where such depository account is located, ProDent may withdraw all monies daily from said bank account for processing at a central location to be used for payment of the P.C.'s expenses, including the administrative services fee set forth in amounts payable to ProDent pursuant to Section 5.4 5.1 hereof and any amounts advanced to the P.C. pursuant to Section 5.6 5.3 hereof. Said processing will consist of establishing and maintaining a book account for the P.C. showing all fee collections and expense disbursements made by ProDent at the P.C.'s request. ProDent will provide the P.C. with periodic financial statements for the Practice reflecting such processing.

Appears in 1 contract

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc)

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