A community hospital exempt from Federal income tax under. section 501(c)(3) of the Code built an adjacent office building for. doctors in order to encourage members of its medical staff to maintain. their private medical practices near the hospital.
When a contract is intentionally not honored by one party, it is called a breach of contract and is grounds for contract termination. A breach of contract may exist because one party failed to meet his obligations at all or did not meet his obligations fully.
NOTE: Once one of the parties sends the 90 day notice, it is the same party that is obligated to send the FMCS the 60 day notice. For non-health care institutions: 60 days prior to expiration of the current contract, serve written notice on the other party to a contract of proposed termination or modification; and.