Retail Business Manager Expense definition

Retail Business Manager Expense means an expense or cost incurred by the Retail Business Manager, for which the Retail Business Manager is financially liable and is not entitled to reimbursement from the Practice. Retail Business Manager Expense shall specifically include: (a) any income or franchise taxes of the Retail Business Manager, (b) the expense of providing, leasing, purchasing or otherwise procuring the Dispensary equipment, including depreciation of furniture and equipment, and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a national practice management company’s usual arrangement with a practice.
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Examples of Retail Business Manager Expense in a sentence

  • Dispensary Expense shall not include any Retail Business Manager Expense, Practice Expense or Shareholder Expense or any state, local or federal income or franchise tax.

  • Unless expressly designated as a Management Fee, a Retail Business Manager Expense, a Professional Business Manager Expense, a Dispensary Expense, an Office Expense, or a Practice Expense in this Retail Business Management Agreement or in any exhibit hereto or in the Professional Business Management Agreement or in any exhibit thereto or in any written agreement of the Parties, any expense incurred by the Practice shall be considered a Shareholder Expense.

  • Further, if only the Retail Business Manager chooses to obtain such insurance, Retail Business Manager shall pay all premiums as a Retail Business Manager Expense and shall receive the proceeds.

  • Unless expressly designated as a Management Fee, a Professional Business Manager Expense, a Retail Business Manager Expense, an Office Expense, a Dispensary Expense or a Practice Expense in this Professional Business Management Agreement or in any exhibit hereto or in the Retail Business Management Agreement or in any exhibit thereto or in any written agreement of the Parties, any expense incurred by the Practice shall be considered a Shareholder Expense.

  • Retail Business Manager Expense shall specifically include: (a) any income or franchise taxes of the Retail Business Manager, (b) the expense of providing, leasing, purchasing or otherwise procuring the Dispensary equipment, including depreciation of furniture and equipment, and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a national practice management company’s usual arrangement with a practice.

  • Retail Business Manager Expense shall specifically include: (a) any income or franchise taxes of the Retail Business Manager, (b) the expense of providing, leasing, purchasing or otherwise procuring the Dispensary equipment, including depreciation of furniture and equipment, and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a national practice management company's usual arrangement with a practice.

  • The term "Retail Business Manager Expense" shall mean an expense or cost incurred by the Retail Business Manager, for which the Retail Business Manager is financially liable and is not entitled to reimbursement from the Practice.

Related to Retail Business Manager Expense

  • Business Manager means an individual whose job function includes a majority of the following: financial budget planning and administration, insurance/risk administration, purchasing, financial accounting and reporting, facility planning, construction and maintenance; personnel

  • Retail business means a business which sells its product directly to a consumer.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • Retail pharmacy means a pharmaceutical facility dispensing prescription drugs and devices to the general public.

  • Supplier’s Manager means a manager who at the relevant time carries such designation from the Supplier under, or in accordance with, ARTICLE 5;

  • Medical equipment means equipment used in a patient care environment to support patient treatment and diagnosis.

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Property management system means the Contractor’s system or systems for managing and controlling Government property.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Durable medical equipment means equipment which:

  • Retail sales As defined in the definition of Net Revenue.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Developers Fee” means a bonus earned by developers that have successfully completed key events in the development process.

  • Related Services means the services incidental to the supply of the goods, such as insurance, delivery, installation, commissioning, training and initial maintenance and other such obligations of the Supplier under the Contract.

  • Travel Supplier means any entity or organization that coordinates or supplies travel services for You.

  • Centers means the international agricultural and natural resources research centers that are members of the Consortium; and each a “Center”.