Practice Valuation definition
Practice Valuation means an amount selected by Provider which amount shall not be greater than the amount of Collections during any consecutive twelve (12) month period during the twenty-four (24) month period immediate prior to the Closing. The amount of the Practice Valuation is set forth on the Signature Page of this Agreement.
Practice Valuation means the Practice Valuation as defined in the Member Agreement.
Examples of Practice Valuation in a sentence
For example, if the Practice Valuation was $1,000,000 and the Provider elected to receive Company stock on the first and third anniversary dates of this Agreement, then the Final Cash Purchase Payment would be reduced to $250,000.
The principal amount of the Loan shall be equal to fifty percent (50%) of the amount of the Practice Valuation.
The principal amount of the Loan shall be equal to twenty percent (20%) of the amount of the Practice Valuation.