Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life); [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 2 contracts
Samples: Lease Agreement (Alterra Healthcare Corp), Lease Agreement (Alterra Healthcare Corp)
Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security other than deposits in an amount that does not exceed two months for first and last month's rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 2 contracts
Samples: Lease Agreement (Just Like Home Inc), Lease Agreement (Just Like Home Inc)
Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rentadvance; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 2 contracts
Samples: Master Lease Agreement (Balanced Care Corp), Lease Agreement (Balanced Care Corp)
Agreements with Residents. Notwithstanding Section §18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants occupant's life); [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting recordsrecords for the Facility.
Appears in 1 contract
Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Agreements with Residents. Notwithstanding Section 18.1ss.18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rentadvance; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Samples: Lease Agreement (Balanced Care Corp)
Agreements with Residents. Notwithstanding Section 18.114.01, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [(i] ) the agreement does not provide for lifecare services services; (a single payment to provide services for the remainder of occupants life); [ii] ) Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rentadvance; and [(iii] ) all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants occupant's life); [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting recordsrecords for the Facility.
Appears in 1 contract
Samples: Master Lease Agreement (Brookdale Senior Living Inc.)
Agreements with Residents. Notwithstanding Section 18.1ss.18.1, Tenant may ------------------------- enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] the agreement does not contain any type of rate lock provision; [iii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security other than deposits in an amount that does not exceed two months for first and lst month's rent; and [iiiiv] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Samples: Lease Agreement (Just Like Home Inc)
Agreements with Residents. Notwithstanding Section 18.1ss.18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants occupant's life); [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting recordsrecords for the Facility.
Appears in 1 contract
Samples: Master Lease Agreement (Brookdale Senior Living Inc.)
Agreements with Residents. Notwithstanding Section 18.1, Tenant may enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security deposits in an amount that does not exceed two months rentin advance; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Agreements with Residents. Notwithstanding Section 18.1(S)18.1, Tenant may ------------------------- enter into an occupancy agreement with residents of the Leased Property without the prior written consent of Landlord provided that [i] the agreement does not provide for lifecare services (a single payment to provide services for the remainder of occupants life)services; [ii] Tenant may not collect rent for more than one month in advance except that Tenant may collect security other than deposits in an amount that does not exceed two months for first and lst month's rent; and [iii] all residents of the Leased Property are accurately shown in Tenant's accounting records.
Appears in 1 contract
Samples: Lease Agreement (Just Like Home Inc)