Common use of THE RESIDENT'S AGENTS Clause in Contracts

THE RESIDENT'S AGENTS. A. THE RESPONSIBLE PARTY The “Responsible Party” is the person chosen by the Resident who is primarily responsible to assist the Resident in meeting his/her obligations under this Agreement. Unless the Responsible Party is also the Resident’s spouse, the Responsible Party is not obligated to pay for the cost of the Resident’s care from his/her own funds. By signing this Agreement, however, the Responsible Party personally guarantees continuity of payment from the Resident’s funds and agrees to arrange third-party payment if necessary to meet the Resident’s cost of care and obligations under this Agreement. To guarantee the Resident’s payment and insurance obligations under this Agreement, if the Resident cannot manage these responsibilities, the Responsible Party must have sufficient access to the Resident’s funds and financial information. This access, usually granted through a Durable Power of Attorney, may be limited solely to meeting the payment and insurance obligations under this Agreement and may be limited to take effect in the future only if necessary to fulfill the Resident’s obligations under this Agreement.

THE RESIDENT'S AGENTS. A. THE “RESPONSIBLE PARTY The “Responsible PartyPARTY” is the person chosen by the Resident who is agrees to be primarily responsible to assist the Resident in meeting meet his/her obligations under this Agreement. Unless the Responsible Party is also the Resident’s 's spouse, the Responsible Party is not obligated to pay for the cost of the Resident’s 's care from his/her own funds. By signing this Agreement, however, the Responsible Party personally guarantees continuity of payment from the Resident’s 's funds to which he/she has access or control and agrees to arrange for third-party payment if necessary to meet the Resident’s 's cost of care and obligations under this Agreementcare. To guarantee assure the Resident’s 's payment and insurance obligations under this Agreement, Agreement if the Resident cannot manage these responsibilitieswere to lack capability, the Responsible Party must have sufficient access to the Resident’s 's funds and financial information. This access, usually granted through a Durable Power of Attorney, may be limited solely to meeting the payment and insurance obligations under this Agreement and may be limited to take effect in the future only if necessary to fulfill the Resident’s 's obligations under this Agreement.