Capital Improvements and Expansion. The Policy Council shall determine the priority for any renovation, expansion plans and major equipment expenditures with respect to the Clinic based upon economic feasibility, physician support, productivity and market conditions. Any capital expenditure in excess of $10,000 shall require the approval of the Policy Council.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Promedco Management Co), Service Agreement (Promedco Management Co), Service Agreement (Promedco Management Co)
Capital Improvements and Expansion. The Policy Council shall determine the priority for any renovation, expansion plans and major equipment expenditures with respect to the Clinic based upon economic feasibility, physician support, productivity and market conditions. Any capital expenditure in excess of $10,000 20,000 shall require the approval of the Policy Council.; all others may be made by ProMedCo-Temple at its discretion in the exercise of prudent business judgement..
Appears in 3 contracts
Samples: Service Agreement (Promedco Management Co), Plan and Agreement for Reorganization (Professional Medical Management Co), Service Agreement (Professional Medical Management Co)
Capital Improvements and Expansion. The Policy Council shall determine the priority for any renovation, expansion plans and major equipment expenditures with respect to the Clinic based upon economic feasibility, physician support, productivity and market conditions. Any capital expenditure in excess of $10,000 shall require the approval of the Policy Council, however, ProMedCo-Harrisburg shall have final approval over any capital expenditures.
Appears in 1 contract
Capital Improvements and Expansion. The Policy Council shall determine the priority for any renovation, expansion plans and major equipment expenditures with respect to the Clinic based upon economic feasibility, physician support, productivity and market conditions. Any capital expenditure in excess of $10,000 1,000 shall require the approval of the Policy Council.
Appears in 1 contract
