Common use of Margin Allocation Clause in Contracts

Margin Allocation. In consideration for Provider’s services in managing the practice and the provision of dental services to the practice’s customers, Provider will retain the Dentist’s Margin Allocation each calendar month during the term of this Agreement which amount shall be paid to Dentist(s). The remaining portion of the monthly Margin shall be transferred to Dental Cooperative as payment of the Dental Cooperative Margin Allocation in the manner agreed under Section 2.3. Notwithstanding the foregoing, under no circumstances shall the monthly amount transferred by Provider to Dental Cooperative pursuant to this Section 2.2 be calculated at a Margin amount that is less than the Minimum Margin calculated on 1/12 of the annual Base Collections. For example, if Collections were $1,000,000 and operating expenses were $650,000, for purposes of calculating the Dental Cooperative Margin Allocation would be calculated using Margin of $400,000 (the Minimum Margin in this example). At the end of each calendar quarter, Dental Cooperative will compare actual Collections during the just concluded three (3) month period compared to actual Dental Cooperative Margin Allocation and other amounts transferred. If the total amount of Dental Cooperative Margin Allocation and other amounts transferred to Dental Cooperative in the just concluded quarter is less than the Dental Cooperative Margin Allocations, as may be adjusted as per the prior paragraph, an adjustment payment from Provider will be due by the 15th of the month following the end of the quarter in question. If the total of Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph, transferred to Dental Cooperative in the just concluded calendar quarter is more than as agreed for the same quarter, Dental Cooperative shall account for the adjustment by applying a credit to the next quarter’s Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph.

Margin Allocation. In consideration for Provider’s services in managing the practice and the provision of dental services to the practice’s customers, Provider will retain the Dentist’s Margin Allocation each calendar month during the term of this Agreement which amount shall be paid to Dentist(s). The remaining portion of the monthly Margin shall be transferred to Dental Cooperative as payment of the Dental Cooperative Margin Allocation in the manner agreed under Section 2.3. Notwithstanding the foregoing, under no circumstances shall the monthly amount transferred by Provider to Dental Cooperative pursuant to this Section 2.2 be calculated at a Margin amount that is less than the Minimum Margin calculated on 1/12 of the annual Base Collections. For example, if Collections were $1,000,000 and operating expenses were $650,000, for purposes of calculating the Dental Cooperative Margin Allocation would be calculated using a Margin of $400,000 (the Minimum Margin in this example). At the end of each calendar quarter, Dental Cooperative will compare actual Collections during the just concluded three (3) month period compared to actual Dental Cooperative Margin Allocation and other amounts transferred. If the total amount of Dental Cooperative Margin Allocation and other amounts transferred to Dental Cooperative in the just concluded quarter is less than the Dental Cooperative Margin Allocations, as may be adjusted as per the prior paragraph, an adjustment payment from Provider will be due by the 15th of the month following the end of the quarter in question. If the total of Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph, transferred to Dental Cooperative in the just concluded calendar quarter is more than as agreed for the same quarter, Dental Cooperative shall account for the adjustment by applying a credit to the next quarter’s Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph.

Margin Allocation. In consideration for Provider’s 's services in managing the practice Dental Practice and the provision of dental services to the practice’s 's customers, Provider will retain the Dentist’s 's Margin Allocation each calendar month during the term of this Agreement which amount shall be paid to Dentist(s). The remaining portion of the monthly Margin shall be transferred to Dental Cooperative as payment of the Dental Cooperative Margin Allocation in the manner agreed under Section 2.3. Notwithstanding the foregoing, under no circumstances shall the monthly amount transferred by Provider to Dental Cooperative pursuant to this Section 2.2 be calculated at a Margin amount that is less than the Minimum Margin calculated on 1/12 of the annual Base Collections. For example, if Collections were $1,000,000 and operating expenses were $650,000, for purposes of calculating the Dental Cooperative Margin Allocation would be calculated using Margin of $400,000 (the Minimum Margin in this example)Margin. At the end of each calendar quarter, Dental Cooperative will compare actual Collections during the just concluded three (3) month period compared to actual Dental Cooperative Margin Allocation and other amounts transferred. If the total amount of Dental Cooperative Margin Allocation and other amounts transferred to Dental Cooperative in the just concluded quarter is less than the Dental Cooperative Margin Allocations, as may be adjusted as per the prior paragraph, an adjustment payment from Provider will be due by the 15th of the month following the end of the quarter in question. If the total of Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph, transferred to Dental Cooperative in the just concluded calendar quarter is more than as agreed for the same quarter, Dental Cooperative shall account for the adjustment by applying a credit to the next quarter’s 's Dental Cooperative Margin Allocation, as may be adjusted as per the prior paragraph.