Examples of Physician Breakeven Date in a sentence
As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.
The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group until the Physician Breakeven Date, and such amounts shall not be included in determining Collections for purposes of this Agreement.
As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and one hundred percent (100%) of all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections of the Medical Group for purposes of this Agreement.
As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 4.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.
From and after the Physician Breakeven Date, the New Physician Compensation will become a Medical Group Cost, and all of the New Physician's collections will be considered Collections of the Medical Group.
In the event that the New Physician Breakeven Date has not occurred by the Release Date, the Medical Group may request that the Management Company extend the Release Date until the earlier to occur of (x) the date that is 180 days after the Release Date or (y) the New Physician Breakeven Date (such period being referred to herein as, the "Extended Payment Period").
Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the earlier to occur (such earlier date being referred to herein as, the "Release Date") of (i) the date that is 180 days after the New Physician Start Date or (ii) the New Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of all New Physician Compensation (as hereinafter defined).
As of the Physician Breakeven Date, the New Physician Compensation shall become the sole responsibility of, the Medical Group in accordance with Section 5.6 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.