PA Expense definition

PA Expense means an expense ---------- incurred by the Business Manager or PA that is consistent with the Budget or otherwise with the consent of the Policy Board and for which PA, and not the Business Manager, is financially liable. PA Expense shall include such items as Dentist salaries, benefits, and other direct costs (including professional dues, subscriptions, continuing dental education expenses, and travel costs for continuing dental education or other business travel but excluding business travel requested by Business Manager, which shall be an Office Expense).

Examples of PA Expense in a sentence

  • If the Offering is terminated pursuant to this Section 10(d), then in cases in which no Closing had been theretofore consummated, the Company’s sole obligation to the Placement Agent shall be the PA Expense Reimbursement which shall be paid within five (5) business days of such termination.

  • Office Expense shall not include any State or federal income tax, or any other expense that is a PA Expense or a Business Manager Expense.

  • Upon the termination of this Management Services Agreement for any reason, PA shall obtain and maintain as a PA Expense "tail" professional liability coverage, in the amounts specified in this section for an extended reporting period of 15 years, and PA shall be responsible for paying all premiums for "tail" insurance coverage.

  • PA Expense shall include such items as Dentist salaries, benefits, and other direct costs (including professional dues, subscriptions, continuing dental education expenses, and travel costs for continuing dental education or other business travel but excluding business travel requested by Business Manager, which shall be an Office Expense).

  • Dentists retained on a locum tenens basis shall meet all of the requirements of Section ----- ------ 5.3, and the cost of providing locum tenens coverage shall be a PA Expense.

  • The term "PA Expense" shall mean an expense ---------- incurred by the Business Manager or PA that is consistent with the Budget or otherwise with the consent of the Policy Board and for which PA, and not the Business Manager, is financially liable.

  • PA shall retain, as a PA Expense and not as an ---------------- Office Expense, that number of Dentists as are reasonably necessary and appropriate in the sole discretion of PA for the provision of Dental Services.

  • To that end, if New PA and Business Manager in good faith agree that any such financial penalty is the result of or attributable to the acts of New PA or Physicians, then all penalty monies assessed and paid shall be New PA Expense.

  • PA shall retain, as a PA Expense and not as an Office Expense, that number of Dentists as are reasonably necessary and appropriate in the sole discretion of PA for the provision of Dental Services.

  • The term "New PA Expense" shall mean an expense incurred by the Business Manager or New PA and for which New PA, and not the Business Manager, is financially liable.

Related to PA Expense

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Covered Expense means expense incurred only for the following:

  • Lease Expense means, with respect to any Person, for any period for such Person and its subsidiaries on a Consolidated basis, lease and rental expense accrued during such period under all leases and rental agreements, other than Capital Leases and leases of personal property, determined in conformity with GAAP.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance, and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to: