Resident Trust Funds definition

Resident Trust Funds means, collectively, all resident trust funds held by Existing Operator for the Facility as of the Closing Date.
Sample 1Sample 2Sample 3
Resident Trust Funds. The funds shall be deposited in a bank or other institution within the state of Iowa insured by the federal government. Expense for bank service charges for this account is an allowable audit cost under rule 54.3(249) if the service cannot be obtained free of charge. The de- partment shall charge back to the facility any maintenance item included in the computation of the au- dit cost that is charged to the resident’s personal needs when such charge constitutes double payment. Unverifiable expenditures charged to personal needs accounts may be charged back to the facility. The accounting system is subject to audit by representatives of the Iowa department of human services, and shall meet the following criteria:
Sample 1Sample 2
Resident Trust Funds has the meaning set forth in Section 12.9.
Sample 1Sample 2

Examples of Resident Trust Funds in a sentence

  • Personal information, as defined in § 2.2-3801, contained in the Veterans Care Center Resident Trust Funds concerning residents or patients of the Department of Veterans Services Care Centers, except that access shall not be denied to the person who is the subject of the information.

  • Personal information, as defined in § 2.2-3801, contained in the Veterans Care Center Resident Trust Funds concerning residents or patients of the Department of Veterans Services Care Centers, except that access shall not be denied to the person who is the subject of the record.

  • Personal information, as defined in § 2.2-3801, contained in the Veterans Care Center Resident Trust Funds concerning residents or patients of the Depart- ment of Veterans Services Care Centers, except that access shall not be denied to the person who is the subject of the information.

  • Personal information, as defined in §2.2-3801, contained in the Veterans Care Center Resident Trust Funds concerning residents or patients of the Department of Veterans Services Care Centers, except that access shall not be denied to the person who is the subject of the information.

  • All funds transferred from Resident Trust Funds and all funds derived from property; real, personal, and mixed, conveyed, donated, bequeathed, or devised, by Residents of the Masonic Home or others pursuant to contract or agreement for care, support, or aid and all funds received as reimbursement for care, support, or aid under program of Masonic Relief and Charity.

  • Except for the Resident Trust Funds, Seller does not have possession of any other personal property owned by any resident of the Facility.

  • Transferor hereby grants, conveys, transfers and assigns to New Manager, its successors and assigns, all of Transferor’s right, title and interest to all Resident Trust Funds held by Transferor in trust for the residents or tenants at the Facility, as applicable, on the terms and conditions set forth in the MTA.

  • Within ten (10) Business Days after the Commencement Date, Landlord shall prepare a final reconciliation comparing the actual Resident Trust Fund balances with Resident Trust Funds for the Residents transferred to Tenant on the Commencement Date and to the extent the former exceeds the latter, Landlord shall promptly remit such excess to Tenant or to the extent the latter exceeds the former, Tenant shall promptly remit such excess to Landlord.

  • Personal information, as defined in § 2.2-3801, contained in the Veterans Care Center Resident Trust Funds concerning residents or patients of the Department of Veterans Services Care Cen- ters, except that access shall not be denied to the person who is the subject of the record.

  • Landlord shall have no responsibility to the applicable Resident or regulatory authority with respect to any Resident Trust Fund delivered to Tenant with respect to Resident Trust Funds occurring on or after the Commencement Date.


More Definitions of Resident Trust Funds

Resident Trust Funds shall have the meaning set forth in Section 19. “Taxes” shall mean all Federal, state, local, foreign and other taxes, assessments, duties or similar charges of any kind whatsoever, including all corporate franchise, income, sales, use, ad valorem, receipts, value added, profits, license, withholding, payroll, employment, excise, property, net worth, capital gains, transfer, stamp, documentary, social security, payroll, environmental, alternative minimum, occupation, recapture, unclaimed property and other taxes, and including any interest, penalties and additions imposed with respect to such amounts.
Sample 1Sample 2
Resident Trust Funds means any resident trust funds and residents’ property held by Licensee as of the Effective Date in trust for residents at the Facility.
Sample 1Sample 2
Resident Trust Funds has the meaning set forth in Section 3.02(b) hereof.
Sample 1Sample 2
Resident Trust Funds shall have the meaning set forth in Section 2.4. “Senior Lender Consents” [RESERVED]
Sample 1
Resident Trust Funds shall have the meaning set forth in Section 7(a). “Resident Deposits” shall have the meaning set forth in Section 7(a). “Sale” shall have the meaning set forth in the Bidding Procedures.
Sample 1
Resident Trust Funds means the funds held in trust by Seller for the residents of each Facility excluding non-refundable deposits.
Sample 1

Related to Resident Trust Funds

  • Trust Funds means, in the aggregate, all of the Funds and Accounts.

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Certificate Administrator Accounts As defined in Section 3.07(a) of this Agreement.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Real Estate Investment Trust means any Person that qualifies as a real estate investment trust under Sections 856 through 860 of the Code.

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • relevant trust means a trust established out of funds provided by the Secretary of State in respect of persons who suffered, or who are suffering, from variant Creutzfeldt-Jakob disease for the benefit of persons eligible for payments in accordance with its provisions;

  • Rabbi Trust means a “rabbi trust” or other similar arrangement established by the Borrower or any of its Subsidiaries to hold assets in connection with an employee benefit plan or arrangement.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Delaware Business Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • REMIC Trust means a “real estate mortgage investment conduit” within the meaning of Section 860D of the Code that holds the Note.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.