PC Expense definition

PC Expense means an expense incurred by the Business Manager or PC that is consistent with the Budget or otherwise with the consent of the Policy Board and for which PC, and not the Business Manager, is financially liable. PC Expense shall include such items as Dentist salaries, benefits, and other direct costs (including professional dues, subscriptions, continuing dental education expenses, and travel costs for continuing dental education or other business travel but excluding business travel requested by Business Manager, which shall be an Office Expense).
View Source

Examples of PC Expense in a sentence

  • This Agreement has been duly and validly executed and delivered by Buyer, and is the valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms.

  • PC shall retain, as a PC Expense and not as an Office Expense, that number of Dentists as are reasonably necessary and appropriate in the sole discretion of PC for the provision of Dental Services.

  • Dentists retained on a LOCUM TENENS basis shall meet all of the requirements of Section 5.3, and the cost of providing LOCUM TENENS coverage shall be a PC Expense.

  • Office Expense shall not include any State or federal income tax, or any other expense that is a PC Expense or a Business Manager Expense.

  • Upon the termination of this Management Services Agreement for any reason, PC shall obtain and maintain as a PC Expense "tail" professional liability coverage, in the amounts specified in this section for an extended reporting period of 15 years, and PC shall be responsible for paying all premiums for "tail" insurance coverage.

  • The term "PC Expense" shall mean an expense incurred by the Business Manager or PC that is consistent with the Budget and for which PC, and not the Business Manager, is financially liable.

  • Upon the termination of this Management Services Agreement for any reason, PC shall obtain and maintain as a PC Expense "tail" professional liability coverage, in the amounts specified in this section for an extended reporting period of 15 years, and Business Manager shall be responsible for reimbursing PC for the cost of all premiums for "tail" insurance coverage.

  • PC Expense shall include such items as Practice Provider salaries, benefits, and other direct costs (including professional dues, subscriptions, continuing dental education expenses, and travel costs for continuing dental education or other business travel but excluding business travel requested by Business Manager, which shall be an Office Expense).

  • Dentists retained on a locum tenens basis shall meet all of the requirements of Section 4.3, and the cost of providing locum tenens coverage shall be a PC Expense.

  • The term "PC Expense" shall mean an expense incurred by the Business Manager or PC that is consistent with the Budget or otherwise with the consent of the Policy Board and for which PC, and not the Business Manager, is financially liable.

Related to PC Expense

  • Public expense means that this agency either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to the parent.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Covered Expense means expense incurred only for the following:

  • Consolidated Depreciation Expense for any period means the depreciation expense of the Issuer and the Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • 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: