Divorce/Separation. In the event that Co-Residents, who were married to each other at the time of the execution of this Agreement, subsequently divorce and a dispute arises between the two Co-Residents over rights to any applicable refund, such refund shall be held by Messiah Village until a legally binding property settlement is available or until the court with jurisdiction over the divorce proceeding shall issue an order to release such funds. The refund will not be paid at the time one Co-Resident permanently vacates the Residence and the other Co-Resident remains in the Residence. The Co-Resident that remains at Messiah Village must retain sufficient assets/resources to provide for his/her future care. Consultation with Messiah Village will be necessary to determine the amount of resources needed for future care. The remaining Co-Resident shall exercise his/her best efforts to maintain adequate financial resources to pay for future care.
Appears in 2 contracts
Sources: Residency Agreement, Residency Agreement