Security Agreement; the PC Expenses. To secure the PC's payment obligations hereunder, the PC is concurrently herewith entering into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 3 contracts
Samples: Administrative Services Agreement (Radiation Therapy Services Inc), Administrative Services Agreement (Radiation Therapy Services Inc), Administrative Services Agreement (Radiation Therapy Services Inc)
Security Agreement; the PC Expenses. To secure the PC's ’s payment obligations hereunder, MANAGEMENT SERVICES may require the PC is concurrently herewith entering to enter into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's ’s rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors Payers shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 3 contracts
Samples: Administrative Services Agreement (Radiation Therapy Services Holdings, Inc.), Management Services Agreement (Radiation Therapy Services Holdings, Inc.), Administrative Services Agreement (Radiation Therapy Services Inc)
Security Agreement; the PC Expenses. To secure the PC's ’s payment obligations hereunder, the PC is concurrently herewith entering into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's ’s rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 2 contracts
Samples: Administrative Services Agreement (Radiation Therapy Services Holdings, Inc.), Administrative Services Agreement (Radiation Therapy Services Holdings, Inc.)
Security Agreement; the PC Expenses. To secure the PC's payment obligations hereunder, MANAGEMENT SERVICES may require the PC is concurrently herewith entering to enter into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 1 contract
Samples: Administrative Services Agreement (Radiation Therapy Services Inc)
Security Agreement; the PC Expenses. To secure the PC's PCs payment obligations hereunder, MANAGEMENT SERVICES may require the PC is concurrently herewith entering to enter into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's ’s rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 1 contract
Samples: Administrative Services Agreement (Radiation Therapy Services Holdings, Inc.)
Security Agreement; the PC Expenses. To secure the PC's payment obligations hereunder, the PC is concurrently herewith entering into a security agreement, in form acceptable to MANAGEMENT SERVICES, to grant to MANAGEMENT SERVICES a security interest in the accounts receivable of the PC and all of the PC's rights to receive payments under managed care contracts. The PC shall cooperate with MANAGEMENT SERVICES and execute all reasonably necessary documents in connection with the granting of such security interest. All payments on behalf of the PC from Patients and Payors Payers shall be deposited into one or more Collection Accounts. To the extent the PC receives any such payments, the PC shall direct such payments to MANAGEMENT SERVICES for deposit in one or more Collection Accounts.
Appears in 1 contract
Samples: Administrative Services Agreement (Radiation Therapy Services Inc)
