Transfers of Assets. The Undersigned Agents personally agree to use his/her access to the Resident’s funds to ensure continuity of payment under this Agreement, and agree not to use the Resident’s funds in a manner which places the Facility in a position where it cannot receive payment from either the Resident’s funds or from Medicaid. If the Undersigned Agents receive a transfer of assets from the Resident which causes such nonpayment, the Undersigned Agents agree to use such assets or an amount equal to such assets to assure continuity of payment until Medicaid covers such costs.
Appears in 3 contracts
Samples: Admission Agreement, Admission Agreement, Admission Agreement
