Common use of Business Manager Expense Clause in Contracts

Business Manager Expense. The term "Business Manager Expense" shall ------------------------ mean any expense or cost incurred by Business Manager which does not relate directly to the provision of services to Practice. Such expenses or costs shall include, without limitation: (a) all salaries, benefits and other direct costs (including payroll and other withholding taxes) of executive officers and management personnel of Business Manager or employees of Business Manager who devote substantially all of their time and effort to the operations of Business Manager in the aggregate rather than the operations of any particular practice affiliated with Business Manager; (b) the expense of using, leasing, maintaining or repairing the offices of Business Manager; (c) the cost of capital to finance the general business obligations of Business Manager, and any costs associated with raising such capital; and (d) the costs of any consultants or advisors who provide services for Business Manager in connection with its business operations, such as accounting, financial and legal services, other than those services which constitute Office Expense pursuant to Section 1.34 hereof.

Appears in 4 contracts

Samples: Management Services Agreement (Novamed Eyecare Inc), Management Services Agreement (Novamed Eyecare Inc), Management Services Agreement (Novamed Eyecare Inc)

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Business Manager Expense. The term "Business Manager Expense" shall ------------------------ mean any expense or cost incurred by Business Manager which does not relate directly to the provision of services to Practice. Such expenses or costs shall include, without limitation: (a) all salaries, benefits and other direct costs (including payroll and other withholding taxes) of executive officers and management personnel of Business Manager or employees of Business Manager who devote substantially all of their time and effort to the operations of Business Manager in the aggregate rather than the operations of any particular practice affiliated with Business Manager; (b) the expense of using, leasing, maintaining or repairing the offices of Business Manager; (c) the cost of capital to finance the general business obligations of Business Manager, and any costs associated with raising such capital; and (d) the costs of any consultants or advisors who provide services for Business Manager in connection with its business operations, such as accounting, financial and legal services, other than those services which constitute Office Expense pursuant to Section 1.34 1.30 hereof.

Appears in 2 contracts

Samples: Management Services Agreement (Novamed Eyecare Inc), Management Services Agreement (Novamed Eyecare Inc)

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