Second Person Entrance Fee definition
Examples of Second Person Entrance Fee in a sentence
Once accepted, the co- resident must sign the Residency Agreement and pay the required Second Person Entrance Fee and Second Person Monthly Service Fee.
The Second Person Entrance Fee is nonrefundable after it is paid.
If there are two of you under this Agreement, you will pay a Second Person Entrance Fee equal to $ .
In no event shall the date you move into The Community (or pay the balance of the Entrance Fee and Second Person Entrance Fee, if applicable, extend beyond ( ) months from the date this Agreement is signed by both you and The Community.
The balance of your Entrance Fee ($ ) and the Second Person Entrance Fee ($ ), if applicable, will be due and payable on the same day that your Loan is due pursuant to Section 1.3 below.
To assure you, ("Resident"), a place at Evergreen Woods in North Branford, Connecticut (hereinafter "The Community") in accordance with all terms of this Agreement, including payment of the Monthly Charges described below, you will pay to Evergreen Woods ("Evergreen Woods"), an Entrance Fee and, if applicable, a Second Person Entrance Fee, for a total of $ .
Ten percent of your Admission Payments (minus the Second Person Entrance Fee, if applicable) ($ ) is paid herewith and will be held in escrow pursuant to Connecticut law (the "Entrance Fee Deposit").
The Second Person Entrance Fee is nonrefundable after 30 days of occupancy.
The Second Person Entrance Fee shall be amortized immediately and earned in full by Cumberland Crossings, and no refund of the Second Person Entrance Fee shall be made.
You will pay the remaining balance of the Entrance Fee and Second Person Entrance Fee equal to 90% ($ ) of the Entrance Fee and Second Person Entrance Fee on the earlier of (i) the date you move to Pomperaug Woods; or (ii) within 90 days after the date you execute this Agreement.