Common use of Reasonable Value Clause in Contracts

Reasonable Value. Payment of the Management Fee is not intended to be and shall not be interpreted or applied as permitting Business Manager to share in Practice's fees for Medical Services or any other services, but is acknowledged as the parties' negotiated agreement as to the reasonable fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, office space, management, administration, strategic management and other items and services furnished by Business Manager pursuant to this Management Services Agreement, after giving effect to the nature and volume of the services required and the risks assumed by Business Manager. The parties agree that it is appropriate to calculate and apply separate fees for the management of the Dispensary Business and Principal Services, due to (i) the amount of Business Manager Expense incurred by Business Manager in connection with the management of the operations of the Dispensary Business, (ii) the fair market value of the management services provided by Business Manager with respect to each of the Dispensary Business and financial services and (iii) the nature and volume of the services required and the risks assumed by Business Manager with respect to each of the Dispensary Business and Principal Services.

Appears in 3 contracts

Samples: Management Services Agreement (Novamed Eyecare Inc), Management Services Agreement (Novamed Eyecare Inc), Management Services Agreement (Novamed Eyecare Inc)

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Reasonable Value. Payment of the Management Fee is not intended to be ---------------- and shall not be interpreted or applied as permitting Business Manager to share in Practice's fees for Medical Services or any other services, but is acknowledged as the parties' negotiated agreement as to the reasonable fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, office space, management, administration, strategic management and other items and services furnished by Business Manager pursuant to this Management Services Agreement, after giving effect to the nature and volume of the services required and the risks assumed by Business Manager. The parties agree that it is appropriate to calculate and apply separate fees for the management of the Dispensary Business and Principal Services, due to (i) the amount of Business Manager Expense incurred by Business Manager in connection with the management of the operations of the Dispensary Business, (ii) the fair market value of the management services provided by Business Manager with respect to each of the Dispensary Business and financial services and (iii) the nature and volume of the services required and the risks assumed by Business Manager with respect to each of the Dispensary Business and Principal Services.

Appears in 1 contract

Samples: Management Services Agreement (Novamed Eyecare Inc)

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