Common use of Management Fee Offset Clause in Contracts

Management Fee Offset. In the event any of the Program staff to be provided by Manager are not provided in accordance with this Agreement for a period of more than forty-five (45) days, Hospital may deduct from Manager's Management Fee an amount equal to the budgeted compensation for such position, including Employee Benefits. This right to deduct shall not excuse Manager from its obligation to provide staffing at the level set forth in Section 1.2.

Appears in 1 contract

Sources: Mental Health Inpatient Hospitalization Services Agreement (Optimumcare Corp /De/)

Management Fee Offset. In the event any of the Program staff to be provided by Manager are not provided in accordance with this Agreement for a period of more than forty-five (45) daysdays in a month, Hospital may deduct from Manager's Management Fee an amount equal to the budgeted compensation for such position, including Employee Benefits. This right to deduct shall not excuse Manager from its obligation to provide staffing at the level set forth in Section 1.2.

Appears in 1 contract

Sources: Mental Health Inpatient Hospitalization Services Agreement (Optimumcare Corp /De/)