Common use of Residents Clause in Contracts

Residents. In accordance with the provisions of all applicable state and federal statutes, as amended from time to time, the Manager shall use its best efforts to maintain the resident census at the Facility in such numbers and in such a manner as, in the Manager's judgment, will tend to maintain the financial stability of the Facility and will comply with the covenants in any Financing Agreement.

Appears in 19 contracts

Samples: Development and Turnkey Services Agreement (Standish Care Co), Management Agreement (Carematrix Corp), Management Agreement (Carematrix Corp)

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Residents. In accordance with the provisions of all applicable state and federal statutes, as amended from time to time, the The Manager shall use its best efforts to maintain the resident census at the Facility in such numbers and in such a manner as, as in the Manager's judgment, will tend to maintain the financial stability of the Facility and and, without limiting any of the other provisions set forth herein, will comply with the operational conditions, covenants and requirements relating to the Facility set forth in any Financing AgreementLoan Documents or the Lease.

Appears in 1 contract

Samples: Management Agreement (Carematrix Corp)

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