Common use of Practice’s Cost Clause in Contracts

Practice’s Cost. If any applicable federal, state or local law, rule, regulation, code or similar governmental requirement (collectively called a “Mandate”) requires (i) improvements to the Premises or (ii) in order to meet the unique and special needs of any of the Practice Persons, improvements to the Building, Common Areas or Land, then Practice shall pay, as Additional Rent, Practice’s Share of all costs incurred by WellQuest or Owner making such improvements to the Premises.

Appears in 3 contracts

Sources: Management and Medical Services Agreement, Management and Medical Services Agreement (Wellquest Medical & Wellness Corp), Management and Medical Services Agreement (Hqhealthquest Medical & Wellness Centers, Ltd.)