Common use of Management Service Fee Clause in Contracts

Management Service Fee. In consideration of the Practice Management Services provided by Manager pursuant to this Agreement, Practice shall pay Manager a management services fee (the “Management Compensation”) as set forth in Exhibit B attached hereto and incorporated herein. The Management Compensation is not intended to and shall not be interpreted or implied as permitting Manager to share in Practice’s fees for physician or other healthcare professional services but is acknowledged as the negotiated fair market value compensation to the Manager for its Practice Management Services. The Management Compensation shall be paid to Manager by Practice on a monthly basis, no later than the 15th day of each month. Manager may be paid the Management Compensation by Manager’s withdrawing from the Deposit Account the amount of the Management Compensation due.

Appears in 6 contracts

Samples: Management Services Agreement (Digital Transformation Opportunities Corp.), Management Services Agreement (Digital Transformation Opportunities Corp.), Management Services Agreement (Digital Transformation Opportunities Corp.)

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