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 Professional Business Manager to share in the Practice’s fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties’ negotiated agreement as to the reasonable fair market value of Professional Business Manager’s commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s administrative expertise, given the considerable business risk to Professional Business Manager in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 4 contracts

Samples: Employment Agreement, Professional Business Management Agreement (Eye Care Centers of America Inc), Employment Agreement (Eyemasters 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 Professional Business Manager to share in the Practice’s 's fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties' negotiated agreement as to the reasonable fair market value of Professional Business Manager’s 's commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all advance Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s 's administrative expertise, given the considerable business risk to Professional Business Manager Manager, in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Eye Care Centers of America Inc), Professional Business Management Agreement (Eye Care Centers of America Inc)

Reasonable Value. Payment of the Management Fee is not intended to be and shall not be interpreted or applied as permitting Professional Business Manager to share in the Practice’s 's fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties' negotiated agreement as to the reasonable fair market value of Professional Business Manager’s 's commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s 's administrative expertise, given the considerable business risk to Professional Business Manager in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 2 contracts

Samples: Professional Business Management Agreement (Eye Care Centers of America Inc), Employment Agreement (Eye Care Centers of America Inc)

Reasonable Value. Payment of the Management Fee is not intended to be and shall not be interpreted or applied as permitting Professional Business Manager to share in the Practice’s fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties’ negotiated agreement as to the reasonable fair market value of Professional Business Manager’s commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all advance Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s administrative expertise, given the considerable business risk to Professional Business Manager Manager, in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 2 contracts

Samples: Professional Business Management Agreement (Eye Care Centers of America Inc), Professional Business Management Agreement (Eye Care Centers of America 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 Professional Business Manager to share in the Practice’s 's fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties' negotiated agreement as to the reasonable fair market value of Professional Business Manager’s 's commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s 's administrative expertise, given the considerable business risk to Professional Business Manager Manager, in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 1 contract

Samples: Professional Business Management Agreement (Eye Care Centers of America Inc)

Reasonable Value. Payment of the Management Fee is not intended to be and shall not be interpreted or applied as permitting Professional Business Manager to share in the Practice’s 's fees for Professional Eye Care Services or any other services, but is acknowledged as the Parties' negotiated agreement as to the reasonable fair market value of Professional Business Manager’s 's commitment to pay all Office Expenses and the fair market value of the equipment, contract analysis and support, other support services, purchasing, personnel, management, administration, strategic management and other items and services furnished by Professional Business Manager pursuant to the Professional Business Management Agreement, considering the nature and volume of the services required and the risks assumed by Professional Business Manager. The Practice and Professional Business Manager recognize and acknowledge that Professional Business Manager will incur substantial costs and business risks in undertaking to pay all Office Expenses and in providing the support services, personnel, marketing, management, administration, and other items and services that are the subject matter of this Professional Business Management Agreement. It is the intent of the Parties that the Management Fee reasonably compensate Professional Business Manager for the value to the Practice of Professional Business Manager’s 's administrative expertise, given the considerable business risk to Professional Business Manager Manager, in providing the Management Services that are the subject of this Professional Business Management Agreement.

Appears in 1 contract

Samples: Business Management Agreement (Eye Care Centers of America Inc)

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