Definition of NOI Sample Clauses

Definition of NOI. For the purposes herein, net operating income before Managing Physician compensation shall be defined to mean the amount of gross revenue remaining after deducting therefrom (a) all ordinary costs and expenses incurred in the operation of the practice, including, by way of illustration and not by limitation, rent, utilities, telephone, insurance, payroll and benefits (excluding Physicians compensation hereunder), marketing expenses, advertising, repairs and maintenance, leases, equipment depreciation, and similar expenses, (b) bad debts and contractual allowances, and (c) depreciation and amortization
Sample 1
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Related to Definition of NOI

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  • Definition of Taxes For the purposes of this Agreement, "Tax" or, collectively, "Taxes", means any and all federal, state, local and foreign taxes, assessments and other governmental charges, duties, impositions and liabilities, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property taxes, together with all interest, penalties and additions imposed with respect to such amounts and any obligations under any agreements or arrangements with any other person with respect to such amounts and including any liability for taxes of a predecessor entity.

  • Definition of Terms The following terms referred to in this Agreement shall have the following meanings:

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  • Specific Definitions The following terms used in this Agreement shall have the following meanings:

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  • Addition of Definitions With respect to the Senior Notes only, Section 1.01 of the Base Indenture is amended to include the following definitions (which shall be deemed to arise in Section 1.01 in their proper alphabetical order):

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