Common use of PHYSICIAN EXPENSES Clause in Contracts

PHYSICIAN EXPENSES. Practice shall be solely responsible for the payment, when due, of all costs and expenses ("Physician Expenses") incurred in connection with Practice's operations that are not Practice Expenses and are not enumerated under subsection 1, 8, 9, 10, 11, 12, or 13 of the third paragraph of Section 1.6 (except as otherwise expressly provided in such subsections), including, but not limited to, insurance premiums for policies of malpractice insurance, deductibles under such policies of malpractice insurance, any and all costs and expenses incurred with respect to claims under such policies of malpractice insurance, salaries and benefits, workers' compensation, retirement plan contributions, health, disability and life insurance premiums, payroll taxes, cellular phone and automobile expenses incurred by or in connection with the employment of all Physician Partners and Practice Employees. Practice shall be responsible for paying as a Physician Expense salaries, benefits and other similar direct costs for all Practice Employees and Physician Partners. Practice shall pay all Physician Expenses as they become due. However, Practice shall pay the salaries and benefits for those individuals described in Section 1.5(b), but Manager shall reimburse Practice monthly, on the date such amounts are payable, by cash transfer to Practice for all such salaries and benefits and payroll taxes and such reimbursement amounts shall be a Practice Expense under Section 1.6.

Appears in 3 contracts

Samples: Management Services Agreement (Physicians Speciality Corp), Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp)

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PHYSICIAN EXPENSES. Practice shall be solely responsible for the payment, when due, of all costs and expenses ("Physician Expenses") ), incurred in connection with Practice's operations that are not Practice Expenses and are not enumerated under subsection subsections 1, 8, 9, 10, 11, 12, or 13 11 of the third second paragraph of Section 1.6 (except as otherwise expressly provided in such subsections)1.6, including, but not limited to, insurance premiums for policies of malpractice insurance, deductibles under such policies of malpractice insurance, any and all costs and expenses incurred with respect to claims under such policies of malpractice insurance, salaries and benefits, workers' compensation, retirement plan contributions, health, disability and life insurance premiums, payroll taxes, cellular phone and automobile expenses incurred by or in connection with the employment of all Physician Partners Shareholders and Practice Employees. Practice shall be responsible for paying as a Physician Expense salaries, benefits and other similar direct costs for all Practice Employees and Physician PartnersShareholders. Practice shall pay all Physician Expenses as they become due. However, Practice shall pay the salaries and benefits for those individuals described in Section 1.5(b), but Manager shall reimburse Practice monthly, on the date such amounts are payable, by cash transfer to Practice for all such salaries and benefits and payroll taxes and such reimbursement amounts shall be a Practice Expense under Section 1.6.

Appears in 1 contract

Samples: Management Services Agreement (Physicians Speciality Corp)

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PHYSICIAN EXPENSES. Practice shall be solely responsible for the payment, when due, of all costs and expenses ("Physician Expenses") incurred in connection with Practice's operations that are not Practice Expenses and are not enumerated under subsection 1, 8, 9, 10, 11, 12, or 13 of the third paragraph of Section 1.6 (except as otherwise expressly provided in such subsections), including, but not limited to, insurance premiums for policies of malpractice insurance, deductibles under such policies of malpractice insurance, any and all costs and expenses incurred with respect to claims under such policies of malpractice insurance, salaries and benefits, workers' compensation, retirement plan contributions, health, disability and life insurance premiums, payroll taxes, cellular phone and automobile expenses incurred by or in connection with the employment of all Physician Partners Shareholders and Practice Employees. Practice shall be responsible for paying as a Physician Expense salaries, benefits and other similar direct costs for all Practice Employees and Physician PartnersShareholders. Practice shall pay all Physician Expenses as they become due. However, Practice shall pay the salaries and benefits for those individuals described in Section 1.5(b), but Manager shall reimburse Practice monthly, on the date such amounts are payable, by cash transfer to Practice for all such salaries and benefits and payroll taxes and such reimbursement amounts shall be a Practice Expense under Section 1.6.

Appears in 1 contract

Samples: Management Services Agreement (Physicians Specialty Corp)

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