Per Procedure Payments. Medical Center shall pay to GKF a per procedure payment as specified in Exhibit B for the use of the Equipment. A procedure shall be defined as a single patient treatment session that may include one or more isocenters during that session. Medical Center shall be billed on the fifteenth (15th) and the last day of each month for the actual number of procedures performed during the first and second half of the month, respectively. Medical Center shall pay the procedures invoiced within thirty (30) days after being invoiced. Interest shall begin to accrue at the rate of 1-1/2% per month on all invoices remaining unpaid after 45 days.
Appears in 2 contracts
Samples: Lease Agreement (American Shared Hospital Services), Lease Agreement (American Shared Hospital Services)
Per Procedure Payments. Medical Center shall pay to GKF a per procedure payment as specified in Exhibit B of $8,500 for the use of the Equipment. A procedure shall be defined as a single patient treatment session that may include one or more isocenters during that session. Medical Center shall be billed on the fifteenth (15th) and the last day of each month monthly for the actual number of procedures performed during the first and second half of the month, respectively. Medical Center shall pay the procedures invoiced within thirty (30) days after being invoiced. Interest shall begin to accrue at the rate of 1-1/2% per month on all invoices remaining unpaid after 45 days.
Appears in 1 contract
Samples: Lease Agreement (American Shared Hospital Services)
Per Procedure Payments. Medical Center shall pay to GKF a per procedure payment as specified in Exhibit B of * for the use of the Equipment. A procedure shall be defined as a single patient treatment session that may include one or more isocenters during that session. Medical Center shall be billed on the fifteenth (15th) and the last day of each month for the actual number of procedures performed during the first and second half of the month, respectively. Medical Center shall pay the procedures invoiced within thirty (30) days after being invoiced. Interest shall begin to accrue at the rate of 1-1/2% per month on all invoices remaining unpaid after 45 days.
Appears in 1 contract
Samples: Lease Agreement (American Shared Hospital Services)
Per Procedure Payments. Medical Center shall pay to GKF a per procedure payment as specified in Exhibit B of * for the use of the Equipment. A procedure shall be defined as a single patient treatment session that may include one or more isocenters during that session. Medical Center shall be billed on the fifteenth (15th) and the last day of each month monthly for the actual number of procedures performed during the first and second half of the month, respectively. Medical Center shall pay the procedures invoiced within thirty (30) days after being invoiced. Interest shall begin to accrue at the rate of 1-1/2% per month on all invoices remaining unpaid after 45 days.
Appears in 1 contract
Samples: Lease Agreement (American Shared Hospital Services)
Per Procedure Payments. Medical Center shall pay to GKF a per procedure payment as specified in Exhibit B 2 for the use of the Equipment. A procedure "procedure" shall be defined as a single patient treatment session that may include one or more isocenters during that session. Medical Center shall be billed on the fifteenth (15th) and the last day of each month for the actual number of procedures performed during the first and second half of the month, respectively. Medical Center shall pay for the procedures invoiced within thirty (30) days after being invoiced. Interest shall begin to accrue at the rate of 1-1/2% per month on all invoices remaining unpaid after 45 days.
Appears in 1 contract
Samples: Lease Agreement (American Shared Hospital Services)