Common use of Monthly Draw Clause in Contracts

Monthly Draw. (i) On each Draw Date (as hereinafter defined) during the Term hereof, the Management Company shall distribute to the Medical Group an amount equal to a percentage (the "Draw Percentage") of the Medical Group's total Xxxxxxxx (as hereinafter defined) for Medical Group Services provided during the previous month (the "Monthly Draw"). The Draw Date and the initial Draw Percentage are as set forth on Schedule IV, and the Draw Percentage shall be adjusted as provided in Section 5.3(a)(ii).

Appears in 7 contracts

Samples: Management Services Agreement (BMJ Medical Management Inc), Management Services Agreement (BMJ Medical Management Inc), Management Services Agreement (BMJ Medical Management Inc)

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Monthly Draw. (i) On each Draw Date (as hereinafter defined) during the Term hereof, the Management Company shall distribute to the Medical Group an amount equal to a percentage (the "Draw Percentage") of the Medical Group's total Xxxxxxxx (as hereinafter defined) for Medical Group Services provided during the previous month (the "Monthly Draw"). The Draw Date and the initial Draw Percentage are as set forth on in Schedule IV, and the Draw Percentage shall be adjusted as provided in Section 5.3(a)(ii).

Appears in 3 contracts

Samples: Management Services Agreement (BMJ Medical Management Inc), Management Services Agreement (BMJ Medical Management Inc), Management Services Agreement (BMJ Medical Management Inc)

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Monthly Draw. (i) On each Draw Date (as hereinafter defined) during the Term hereof, the Management Company shall distribute to the Medical Group an amount equal to a percentage (the "Draw Percentage") of the Medical Group's total Xxxxxxxx (as hereinafter defined) for Medical Group Services provided during the previous month (the "Monthly Draw"). The Draw Date and the initial Draw Percentage are as set forth on Schedule IVIII, and the Draw Percentage shall be adjusted as provided in Section 5.3(a)(ii4.3(a)(ii).

Appears in 1 contract

Samples: Management Services Agreement (BMJ Medical Management Inc)

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