Common use of Repayment by Resident’s Estate Clause in Contracts

Repayment by Resident’s Estate. If Resident's monthly charges have been subsidized wholly or partly by the Facility, upon Resident's death, Resident's estate shall be liable to the Facility for the full amount of the subsidy received by Resident plus an additional amount which the Facility determines to be equal to the decreased purchasing power of the subsidy. This Agreement shall operate as a lifetime assignment, transfer and conveyance to the Facility for so much of resident's property as is necessary to cover such liability. This paragraph shall survive the termination of this Agreement and shall apply whether or not Resident resides at the Facility at the time of his/her death.

Appears in 5 contracts

Samples: Resident Representative Agreement, Resident Representative Agreement, Resident Representative Agreement

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