Common use of Business Model Clause in Contracts

Business Model. The sale of any item for home delivery is between the Customer and the Client. This sales transaction includes collecting money for each sale directly from the Client, along with applicable sales tax and shipping costs. All revenue from the sale to the Client is deposited into the Customer’s e-merchant account. The parties agree that the general business model for transactions under this Agreement is as follows: 1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform at Customer’s hospital, the Client’s eCommerce shopping site, or the Vetsource call center as a home delivery order; or other products ordered that are processed by Vetsource; 1.1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform at Customer’s hospital, the Client’s eCommerce shopping site, or the Vetsource call center as a home delivery order; 4.1.1. Vetsource routes the Client request to the Customer’s Vetsource Application for verification of a Valid VCPR and for therapeutic assessment; 4.1.2. If appropriate, a licensed veterinarian, authorized by the Customer, having a relationship with the Client and patient, approves prescription or veterinarian authorized product purchase request; 4.1.3. The Customer then purchases the home delivery order requested by the Client, including assessment of wholesale tax, via debit to Customer’s e-merchant account and takes title, but not physical possession of the home delivery order. This action consequentially initiates consignment by Customer of home delivery order to Vetsource for fulfillment; 4.1.4. Vetsource processes the home delivery order on behalf of the Customer including charging fees to the Customer for fulfillment via debit to the Customer’s e-merchant account and ships the product directly to the Client through Vetsource; 4.1.5. Vetsource collects, on the Customer’s behalf, payment and as applicable shipping and taxes from the Client. Vetsource credits the Customer’s e-merchant account; and 4.1.6. Vetsource transfers funds via an automated clearing house (“ACH”) monthly from the Customer’s e-merchant account into a checking account designated by the Customer for the e-merchant account balance and taxes.

Appears in 2 contracts

Samples: Hospital Services Agreement, Hospital Services Agreement

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Business Model. The sale of any item for home delivery through Vetsource is between the Customer and the Client. This sales transaction includes collecting money for each sale directly from the Client, along with applicable sales tax and shipping costs. All revenue from the sale to the Client is deposited into the Customer’s e-merchant account. The parties agree that the general business model for transactions under this Agreement is as follows: 1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform at Customer’s hospital, the Client’s eCommerce shopping site, or the Vetsource call center as a home delivery order; or other products ordered that are processed by Vetsource; 1.1.14.1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform at Customer’s hospital, the Client’s eCommerce shopping site, or the Vetsource call center as a home delivery order; 4.1.14.1.2. Vetsource routes the Client request to the Customer’s Vetsource Application for verification of a Valid VCPR and for therapeutic assessment; 4.1.24.1.3. If appropriate, a licensed veterinarian, authorized by the Customer, having a relationship with the Client and patient, approves prescription or veterinarian authorized product purchase request; 4.1.34.1.4. The Customer then purchases the home delivery order requested by the Client, including assessment of wholesale tax, via debit to Customer’s e-merchant account and takes title, but not physical possession of the home delivery order. This action consequentially initiates consignment by Customer of home delivery order to Vetsource for fulfillment; 4.1.44.1.5. Vetsource processes the home delivery order on behalf of the Customer including charging fees to the Customer for fulfillment via debit to the Customer’s e-merchant account and ships the product directly to the Client through Vetsource; 4.1.54.1.6. Vetsource collects, on the Customer’s behalf, payment and as applicable shipping and taxes from the Client. Vetsource credits the Customer’s e-merchant account; and 4.1.64.1.7. Vetsource transfers funds via an automated clearing house (“ACH”) monthly from the Customer’s e-merchant account into a checking account designated by the Customer for the e-merchant account balance and taxes.

Appears in 1 contract

Samples: Hospital Services Agreement

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Business Model. The sale of any item for home delivery Home Delivery is between the Customer and the Client, including eConnect originated transactions. This sales transaction includes collecting money for each sale directly from the Client, along with applicable sales tax and shipping costs. All revenue from the sale to the Client is deposited into the Customer’s e-merchant account. The parties agree that the general business model for transactions under this Agreement is as follows: 1.14.1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform Software, at Customer’s hospital, the Client’s eCommerce shopping siteVetsource call center, or the Vetsource call center via an eConnect partner as a home delivery order; or other products ordered that are processed by VetsourceHome Delivery Order; 1.1.1. A prescription or veterinarian authorized product purchase is requested by a Client through the Vetsource Platform at Customer’s hospital, the Client’s eCommerce shopping site, or the Vetsource call center as a home delivery order; 4.1.14.1.2. Vetsource routes the Client request to the Customer’s Vetsource Application ScriptRight platform for verification of a Valid VCPR Veterinarian-Client-Patient Relationship pursuant to Section 5 and for therapeutic assessment; 4.1.24.1.3. If appropriate, a licensed veterinarian, authorized by the Customer, having a relationship with the Client and patient, approves prescription or veterinarian authorized product purchase request; 4.1.34.1.4. The Customer then purchases the home delivery order Home Delivery Order requested by the Client, including assessment of wholesale tax, via debit to Customer’s e-merchant account and takes title, but not physical possession of the home delivery orderHome Delivery Order. This action consequentially initiates consignment by Customer of home delivery order Home Delivery Order to the Vetsource pharmacy for fulfillment; 4.1.44.1.5. Vetsource processes the home delivery order Home Delivery Order on behalf of the Customer including charging fees to the Customer for fulfillment via debit to the Customer’s e-merchant account and ships the product directly to the Client through Vetsource’s Home Delivery Order service; 4.1.54.1.6. Vetsource collects, on the Customer’s behalf, payment and as applicable shipping and taxes from the Client. Vetsource credits the Customer’s e-merchant account; and 4.1.64.1.7. Vetsource transfers funds via an automated clearing house (“ACH”) monthly from the Customer’s e-merchant account into a checking account designated by the Customer for the e-merchant account balance and taxes.

Appears in 1 contract

Samples: Hospital Services Agreement

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