Common use of Practice Expense Clause in Contracts

Practice Expense. The term "Practice Expense" shall mean an expense ---------------- incurred by Business Manager or Practice that is not an Office Expense and for which Practice, and not Business Manager, is financially liable. Practice Expense shall include, without limitation, such items as Preexisting Obligation Payments, Physician Discretionary Expenses, salaries, benefits, fees, and other direct costs of all Practice-Owners, the Physicians directly employed by, and who are owners of, a Practice-Owner and the Practice Expense Employees, any costs of providing locum tenens coverage designated as a Practice Expense ----- ------ pursuant to Section 5.4 hereof, any continuing medical education ("CME") expenses in excess of the CME expenses allocated for each Physician in the Budget, which amount will not be less than $10,000, and any other expenses incurred by Practice, Practice-Owners and Physicians directly employed by, and who are owners of, a Practice-Owner, the general nature of which are not contemplated in the Budget.

Practice Expense. The term "Practice Expense" shall mean an expense ---------------- incurred by Business Manager or Practice that is not an Office Expense and for which Practice, and not Business Manager, is financially liable. Practice Expense shall include, without limitation, such items as Preexisting Obligation Payments, Physician Discretionary Expenses, salaries, benefits, fees, and other direct costs of all Practice-Owners, the Physicians directly employed by, and who are owners of, a Practice-Owner and the Practice Expense Employees, any costs of providing locum tenens coverage designated as a Practice Expense ----- ------ pursuant to Section 5.4 hereof, any continuing medical education ("CME") expenses in excess of the CME expenses allocated for each Physician in the Budget, which amount will not be less than $10,000, and any other expenses incurred by Practice, Practice-Owners and Physicians directly employed by, and who are owners of, a Practice-Owner, the general nature of which are not contemplated in the Budget.