Excluded Orthodontic Entity and Orthodontist Expenses definition

Excluded Orthodontic Entity and Orthodontist Expenses means, (i) any salaries or other distributions made to Orthodontist or any shareholder of the Orthodontic Entity, whether for professional fee income or otherwise, and any expenses related thereto, including payroll and other taxes associated therewith, and any expenses or costs associated with benefits provided to Orthodontist or any shareholder of the Orthodontic Entity, including pension benefits and life and health insurance, (ii) any federal, state or other income taxes applicable to the Orthodontic Entity or Orthodontist, (iii) legal, accounting and other costs incurred by the Orthodontic Entity or Orthodontist in connection with the negotiation, preparation of or closing of the transactions contemplated by the Acquisition Agreement, this Agreement or any other document executed in connection herewith or therewith, (iv) any amounts paid as Minimum Monthly Payments pursuant to Section 6.1, (v) any expenses, costs or charges incurred by the Orthodontic Entity or Orthodontist that would cause the Net Operating Amount (as defined in Section 6.1 hereof) in any month to be less than 45% of gross revenue received from patients for orthodontic services provided for such month on a cash basis, and (vi) any other expenses specifically included in "Excluded Orthodontic Entity and Orthodontist Expenses" in this Agreement.
Excluded Orthodontic Entity and Orthodontist Expenses means, (i) any salaries or other distributions made to Orthodontist or any shareholder of the Orthodontic Entity, whether for professional fee income or otherwise, and any expenses related thereto, including payroll and other taxes associated therewith, and any expenses or costs associated with benefits provided to Orthodontist or any shareholder of the Orthodontic Entity, including pension benefits and life and health insurance, (ii) any federal, state or other income taxes applicable to the Orthodontic Entity or Orthodontist, (iii) legal, accounting and other costs incurred by the Orthodontic Entity or Orthodontist in connection with the negotiation, preparation of or closing of the transactions contemplated by the Acquisition Agreement, this Agreement or any other document executed in connection herewith or therewith, and (iv) any other expenses specifically included in "Excluded Orthodontic Entity and Orthodontist Expenses" in this Agreement.
Excluded Orthodontic Entity and Orthodontist Expenses means, (i) any salaries or other distributions made to Orthodontist or any shareholder of the Orthodontic Entity, whether for professional fee income or otherwise, and any expenses related thereto, including payroll and other taxes associated therewith, and any expenses or costs associated with benefits provided to Orthodontist or any shareholder of the Orthodontic Entity, including pension benefits and life and health insurance, (ii) any federal, state or other income taxes applicable to the Orthodontic Entity or Orthodontist, (iii) legal, accounting and other costs incurred by the Orthodontic Entity or Orthodontist in connection with the negotiation, preparation of or closing of the transactions contemplated by the Acquisition Agreement, this Agreement or any other document executed in connection herewith or therewith, (iv) any expenses, costs or charges incurred by the Orthodontic Entity or Orthodontist that would cause the Net Operating Amount (as defined in Section 6.1 hereof) in any month to be less than 45% of gross revenue received from patients for orthodontic services provided for such month on a cash basis, and (v) any other expenses specifically included in "Excluded Orthodontic Entity and Orthodontist Expenses" in this Agreement.

Examples of Excluded Orthodontic Entity and Orthodontist Expenses in a sentence

  • As part of the services provided by Apple hereunder, Apple may make available loans to assist the Orthodontic Entity in maintaining reasonable cash flow for the payment of Excluded Orthodontic Entity and Orthodontist Expenses.

  • Any principle or interest paid to Apple by the Orthodontic Entity pursuant to Sections 6.3(a) or 6.3(b) are Excluded Orthodontic Entity and Orthodontist Expenses.

  • Except for the expenses attributable to the distribution of professional fee income among Orthodontist or the shareholders of the Orthodontic Entity which will be included in Excluded Orthodontic Entity and Orthodontist Expenses, the costs incurred in connection with the foregoing matters shall be Orthodontic Entity and Orthodontist Expenses.

  • AOI shall make contributions or payments with respect to the AOI Plans on behalf of eligible Orthodontic Entity Professional Employees and Orthodontic Entity Employees and those contributions or payments shall be treated as Orthodontic Entity and Orthodontist Expenses, Apple Expenses or Excluded Orthodontic Entity and Orthodontist Expenses as elsewhere provided in this Agreement.

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  • All costs, expenses and liabilities incurred by Orthodontic Entity, Orthodontist or Apple in excess of the limits of such policies shall be included in Excluded Orthodontic Entity and Orthodontist Expenses.

  • In accordance with the terms hereof, Apple shall provide or arrange for the services set forth in this ARTICLE , and the costs, fees, expenses and other disbursements incurred by Apple or AOI in connection therewith shall be included in Orthodontic Entity and Orthodontist Expenses, except to the extent such costs, fees or expenses are Apple Expenses or Excluded Orthodontic Entity and Orthodontist Expenses.

  • In accordance with the terms hereof, Apple shall provide or arrange for the services set forth in this ARTICLE , and the costs, fees, expenses and other disbursements incurred by Apple in connection therewith shall be included in Orthodontic Entity and Orthodontist Expenses, except to the extent such costs, fees or expenses are Apple Expenses or Excluded Orthodontic Entity and Orthodontist Expenses.

  • In accordance with the terms hereof, Apple shall provide or arrange for the services set forth in this ARTICLE III, and the costs, fees, expenses and other disbursements incurred by Apple in connection therewith shall be included in Orthodontic Entity and Orthodontist Expenses, except to the extent such costs, fees or expenses are Apple Expenses or Excluded Orthodontic Entity and Orthodontist Expenses.

Related to Excluded Orthodontic Entity and Orthodontist Expenses

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Disabled Veteran Business Enterprise (DVBE) means a business concern certified as a DVBE by the Office of Small Business Certification and Resources, Department of General Services.

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.

  • Uniform business entity application means the current version of the NAIC Uniform Business Entity Application for resident and nonresident business entities.

  • Non-Participating Marriage and Family Therapist means a Marriage and Family Therapist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Certified Minority Business Enterprise means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Nurse-midwife means a registered nurse who has graduated from a program of study designed to prepare registered nurses for advanced practice as nurse-midwives.

  • Health care expenses means, for purposes of Section 14, expenses of health maintenance organizations associated with the delivery of health care services, which expenses are analogous to incurred losses of insurers.

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Women Owned Business Enterprise or "WBE" means a firm awarded certification as a women owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a women owned business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Participating Marriage and Family Therapist means a Marriage and Family Therapist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Medical physicist means a person trained in evaluating the performance of mammography equipment and facility quality assurance programs and who meets the qualifications for a medical physicist set forth in 41.6(3)“c.”

  • Minority or Women-Owned Business Enterprise means a business enterprise, including a sole proprietorship, partnership or corporation that is:

  • Family caregiver means a relative by blood, marriage, or Adoption who lives with or is the primary Caregiver of the terminally ill Member.

  • Orthodontic means a type of specialist dental treatment carried out by an orthodontist that diagnoses, prevents and corrects mispositioned teeth and jaws and misaligned bite patterns.

  • Group Business Entity means;

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Disposable earnings means that part of the earnings of an

  • Naturopathic physician means a person licensed to practice naturopathic medicine by the Oregon Board of Naturopathic Medicine.

  • Certified nurse midwife means an advanced practice registered nurse who is certified in the

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Skilled Nursing Care means that level of care which: