Common use of Rights of Company Clause in Contracts

Rights of Company. Except as limited below, Company shall at all times during the term of this Agreement and thereafter have the right to enter into additional service agreements with other physicians and practices regardless of where such physicians and/or practices are located providing for management services and facilities to such physicians and/or practices. Notwithstanding the foregoing, and except as set forth in Section 11.9.3, in the event that Company desires to enter into a Service Agreement with another practice located within seventy-five (75) miles during the first five (5) years of the term of this Agreement or fifty (50) miles thereafter of VERO II's Main Office or any Satellite Office, then the Policy Board must first approve Company entering into such agreement. In the event that the individuals representing Company on the Policy Board can reasonably demonstrate that entering into such agreement will not have a material adverse effect on VERO II's practice operations, earnings or cash flow, then the individuals representing VERO II shall consent to Company entering into such agreement.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

AutoNDA by SimpleDocs

Rights of Company. Except as limited below, Company shall at all times during the term of this Agreement and thereafter have the right to enter into additional service agreements with other physicians and practices regardless of where such physicians and/or practices are located providing for management services and facilities to such physicians and/or practices. Notwithstanding the foregoing, and except as set forth in Section 11.9.3, in the event that Company desires to enter into a Service Agreement with another practice located within seventy-five (75) miles during the first five (5) years of the term of this Agreement or fifty (50) miles thereafter of VERO IIROAII's Main Office or any Satellite Office, then the Policy Board must first approve Company entering into such agreement. In the event that the individuals representing Company on the Policy Board can reasonably demonstrate that entering into such agreement will not have a material adverse effect on VERO IIROAII's practice operations, earnings or cash flow, then the individuals representing VERO II ROAII shall consent to Company entering into such agreement.

Appears in 2 contracts

Samples: Service Agreement (Specialty Care Network Inc), Service Agreement (Specialty Care Network Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.