Disbursements to HEALTHCARE PRACTICE Sample Clauses

Disbursements to HEALTHCARE PRACTICE. Manager shall make a disbursement to HEALTHCARE PRACTICE from HEALTHCARE PRACTICE’s Account on or before the fifteen (15th) day of each calendar month to cover the payments set forth in Sections 4.1 and 4.2. To the extent that any collections remain in the HEALTHCARE PRACTICE’s Account after the payment of any refunds owed to patients by HEALTHCARE PRACTICE, the payment of any operating expenses relating to the operation of HEALTHCARE PRACTICE’s practice, including, but not limited to, the payments set forth in Sections 4.1 and 4.2, the satisfaction of any and all unpaid or past due fees or amounts owed to Manager under this Agreement and the satisfaction of all current fees or amounts owed to Manager under this Agreement, Manager shall disburse such funds to HEALTHCARE PRACTICE. Notwithstanding the prior sentence, Manager may withhold from such distribution an amount equal to the previous month’s operating cost of HEALTHCARE PRACTICE’s practice, the Management Fee, or such other reasonable reserves to ensure the continued and smooth operation of the HEALTHCARE PRACTICE.
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Related to Disbursements to HEALTHCARE PRACTICE

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