Examples of Healthcare Facility in a sentence
Upon such request, Master Xxxxxx shall immediately arrange to terminate the Management Agreement(s) within a period of not more than thirty (30) days and shall make arrangements satisfactory to HUD for the continuing proper management of the Healthcare Facility and the Project.
Master Tenant shall not charge and shall not permit Operator to charge, any resident of the Healthcare Facility an admission fee, key fee, finders fee, continuing care retirement community fee, life-care fee or similar paymentfee pursuant to any agreement to furnish residential units or services to persons making such payments.
Xxxxxxxx has leased, inter alia, the Healthcare Facility, to Master Tenant pursuant to that certain [Name of Master Xxxxx], dated as of [ ], as amended from time to time (“Master Lease”).
Master Tenant shall not enter into any management agreement(s) involving the Healthcare Facility or any portion of the Project (“Management Agreement”), unless such Management Agreement is approved by HUD.
Master Tenant shall not require as a condition of occupancy or leasing of any unit in the Healthcare Facility, any consideration or deposit, provided that Master Tenant may require, or may cause Operator to require, the prepayment of the first month’s rent plus a security deposit in an amount not in excess of one month’s rent, to guarantee the performance of any tenant lease terms.