Common use of Process for Succeeding Budgets Clause in Contracts

Process for Succeeding Budgets. Annually and at least forty- five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- forty-five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's its approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Non-Ophthalmic Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Non-Ophthalmic Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- ------------------------------ forty-five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- ------------------------------ forty-five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee Expense and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment comment, and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's its approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's its approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Non-Ophthalmic Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Non-Ophthalmic Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- ------------------------------ forty-five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's its approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.

Process for Succeeding Budgets. Annually and at least forty- forty-five (45) days prior to the commencement of each fiscal year of Business Manager, Business Manager, in consultation with the Policy Board, shall prepare and deliver to Practice for Practice's approval a proposed Budget, setting forth an estimate of Practice's revenues and expenses for the upcoming fiscal year (including, without limitation, the Dispensary Business Budgeted Practice Expense, the Principal Services Budgeted Practice Expense, the Dispensary Business Monthly Fee and the Principal Services Monthly Fee). Practice shall review the proposed Budget and either approve the proposed Budget or request any changes within fifteen (15) days after receiving the proposed Budget. The Budget shall be adopted by upon mutual agreement of Business Manager and Practice after reasonable review and comment and may be revised or modified only in consultation with Business Manager. Once approved by both Business Manager and Practice, each succeeding Budget shall be attached hereto and made a part hereof.