Common use of Refund upon Closing Clause in Contracts

Refund upon Closing. In the event the FACILITY ceases to operate, the Resident will be entitled to a pro rata refund of any prepaid amounts for services covering the period after the building has closed.

Refund upon Closing. In the event the FACILITY Community ceases to operate, the Resident will be entitled to a pro rata refund of any prepaid amounts for services covering the period after the building has closed.

Refund upon Closing. In the event the FACILITY Community ceases to operate, the Resident will be entitled to a pro rata refund of any prepaid amounts paid under the Residency Agreement for services covering the for that period after which the building Community has closed.