Office Expenses definition
Examples of Office Expenses in a sentence
Any expenses incurred in the assignment shall be Office Expenses.
The expenses and costs associated with obtaining and maintaining permits with respect to the Office shall be deemed Office Expenses.
The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement.
Without limiting the foregoing, to ensure that a reasonable cash flow is maintained for the payment of Office Expenses hereunder, Practice shall not, except as expressly contemplated herein, sell, assign, transfer, pledge, mortgage or in any way encumber, the accounts receivable of Practice without the express written consent of Business Manager.
To assure that PC receives the entire amount of professional fees for its services and to assist PC in maintaining reasonable cash flow for the payment of Office Expenses, Business Manager may, during the Term, purchase, without recourse to PC for the amount of the purchase, the accounts receivable of PC arising during the previous month by transferring the amount set forth below into the PC Account.