Development of Charge Structure and Collection of Accounts. For ancillary services, Operator shall implement a charge structure for Residents of the Veterans Home. Operator, in the name of and on behalf of the Board, shall promptly issue bills and other necessary reports to appropriate parties and governmental agencies and shall collect accounts and monies owed for goods and services furnished by the Veterans Home in the name of and for the account of the Board including, without limitation, timely and vigorous enforcement of the rights of the Board and the Veterans Home as creditors under any contract or in connection with the rendering of any services; provided, however, that any expenses incurred by Operator in so doing shall be treated as Operating Expenses of the Veterans Home and payable by Operator. All monies collected by Operator for the Veterans Home shall be deposited promptly in the name of the Board in the Board’s account designated for the Veterans Home. Operator shall be given “deposit only” access to the Board’s Veterans Home account for such purposes.
Appears in 2 contracts
Sources: Management and Operations Agreement, Management and Operations Agreement