Related to FOR PROFIT
Profit Profit of the Partnership for each fiscal year of the Partnership shall be allocated to the Partners in accordance with their respective Percentage Interests.
Accounting for Profits Employee covenants and agrees that if he shall violate any of his covenants or agreements under Article 2 hereof, Company shall be entitled to an accounting and repayment of all profits, compensation, commissions, remunerations or benefits which Employee directly or indirectly has realized and/or may realize as a result of, growing out of or in connection with any such violation; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which Company is or may be entitled at law or in equity or under this Agreement.
Multi-Year Planning The CAPS will be in a form acceptable to the LHIN and may be required to incorporate:
Net Profit Net Profit shall be allocated to the Members in proportion to their Percentage Interests.
Net Income and Net Loss All net income or net loss of the Company shall be for the account of the Member.
Minimum Net Income Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska’s Net Income was, on a consolidated basis, $_______________, which o satisfies o does not satisfy the requirement that such amount be no less than $_______________ on the Reporting Date, as set forth in the table below: Period Minimum Net Income Twelve months ending December 31, 2010 ($1,550,000) Three months ending March 31, 2011 ($2,600,000) Six months ending June 30, 2011 ($2,000,000) Nine months ending September 30, 2011 ($850,000) Twelve months ending December 31, 2011 $200,000”
Tuition The Charter School shall not charge tuition or fees to its students except as may be authorized for local boards pursuant to O.C.G.A. § 20-2-133.
Academic Year It is agreed that the regular academic year refers to the period covered by regular faculty employment contracts from the beginning of the fall semester and continuing through the completion of the spring semester. It is understood that the regular academic year does not include the summer or the intersession referenced in Article IX of this Agreement; however, employment contracts for bargaining unit members include the intersession between the fall and spring semesters.
Budgeting The budget set out in the Consortium Plan shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.
Revenue A. CLIENT FEES – CONTRACTOR shall charge, unless waived by ADMINISTRATOR, a fee to clients to whom billable services, other than those amounts reimbursed by Medicare, Medi-Cal or other third party health plans, are provided pursuant to this Agreement, their estates and responsible relatives, according to their ability to pay as determined by the State Department of Health Care Services’ “Uniform Method of Determining Ability to Pay” (UMDAP) procedure or by any other payment procedure as approved in advance, and in writing by ADMINISTRATOR; and in accordance with Title 9 of the California Code of Regulations. Such fee shall not exceed the actual cost of services provided. No client shall be denied services because of an inability to pay.