Payment of Accounts and Indebtedness. (a) PQC shall review the payables of Medical Group and shall cause payment of any undisputed amounts thereof to be made out of the funds of Medical Group. In addition to billing, collecting and payment services, PQC shall manage the cash and cash equivalents of Medical Group.
Payment of Accounts and Indebtedness. The payment of payroll, trade accounts, amounts due on short and long-term indebtedness, taxes and all other obligations of the Agency; PROVIDED, HOWEVER, that the responsibility under this paragraph shall be limited to the exercise of reasonable diligence and care to apply the funds collected in the operation of the Agency to its obligations in a timely and prudent manner, and Manager shall not become personally liable or act in a guarantor capacity with respect to any obligation of the Agency.
Payment of Accounts and Indebtedness. The payment of payroll, trade accounts, amounts due on short and long-term indebtedness, taxes and all other obligations of the New York Operations incurred by the Agency or by the Manager from the Effective Date and thereafter; provided, however, that the responsibility of the Manager on behalf of the New York Operations under this paragraph shall be limited to the exercise of reasonable diligence and care to apply the funds collected in the operation of the Agency to the obligations incurred in such operations in a timely and prudent manner, and Manager shall not become personally liable or act in a guarantor capacity with respect to any such obligation of the Agency through the Effective Date.
Payment of Accounts and Indebtedness. Manager shall be responsible for the payment of payroll, trade accounts, amounts due on short and long-term indebtedness, current taxes and all other ordinary and customary obligations of the Hospital arising from or relating to services of the Hospital after the Effective Date; provided, however, that Manager shall have no liability for such payments to the extent the aggregate amount of said payments exceeds the revenues of the Hospital on hand and derived from the services of the Hospital after the Effective Date. Manager's responsibility under this paragraph shall be limited to the exercise of reasonable diligence and care to apply the funds collected in the operation of the Hospital to its obligations in a timely and prudent manner, and Manager shall have no separate liability with respect to any obligations of the Hospital or Manager, including, without limitation, the obligation to fund any deficiencies or loan funds to Camelot or the Hospital to cover their respective financial obligations. In addition to and without limiting the foregoing, Manager shall not have any responsibility for the payment of any obligations or liabilities of the Hospital existing as of the Effective Date, including, without limitation, any payroll, trade accounts, amounts due on short and long-term indebtedness, tax liabilities, Medicare or Medicaid liabilities or obligations to any other applicable federal or state health benefit programs, as such obligations shall remain the sole responsibility of Camelot, and Camelot shall be exclusively responsible for the negotiation, payment and/or compromise of such liabilities.
Payment of Accounts and Indebtedness. The payment of payroll, trade accounts, taxes, rents and all other expenses of operation and obligations of the Operations arising after Closing.
Payment of Accounts and Indebtedness. 10 3.13 Power of Attorney for Billing and Payment of Accounts.............. 11 3.14
Payment of Accounts and Indebtedness. The payment of payroll, trade accounts, taxes, rents and all other expenses of operation and obligations of the Operations arising after Closing, together with the obligation to provide funding for such payments excluding ECS's one half share of the rent and utilities for the Nashville premises.
Payment of Accounts and Indebtedness
