Property Statements Sample Clauses

Property Statements. Schedule 6.1.15(a) Regulated Quantities of Hazardous Substances Schedule 6.1.15(b) Litigation Regarding Hazardous Substances Schedule 6.1.15(c) Notices Regarding Hazardous Substances Schedule 6.1.15(d) Noncompliance with Environmental Laws Schedule 6.1.15(e) Discharge of Hazardous Substances Schedule 6.1.15(f) Environmental Reports Schedule 6.1.15(h) Underground Storage Tanks Schedule 6.1.24 Licensed Beds Schedule 6.1.25 Intellectual Property Schedule 6.1.29 List of Insurance Policies Schedule 12.13-A Form of Representations Letter Schedule 12.27-B Form of Audit Letter Attachment 1.1 Healthcare Approvals Annex 1 Defined Terms THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of the 2nd day of August 2017 (the “Effective Date”), by and among (i) each party listed as a “Seller” on Schedule I attached hereto and made a party hereof (individually or collectively, as the context requires, “Seller”), (ii) each party listed as “Existing Operator” on Schedule I attached hereto and made a party hereof (individually or collectively, as the context requires, “Existing Operator”), each of Seller and Existing Operator having a principal address at c/o Fortress Investment Group, 1345 Avenue of the Americas, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and (iii) each party listed as a “Purchaser” on Schedule I, having a principal address at c/▇ ▇▇▇▇▇▇▇-American Healthcare REIT IV, Inc., ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 300, Irvine, CA 92612 (individually or collectively, as the context requires, “Purchaser”).

Property Statements. (a) Correct and complete copies of the balance sheets and income statements for the respective Real Properties have been provided to Buyer as of December 31, 2012 (the "Property Statements"). The Property Statements (i) have been prepared from the books and records of the applicable Seller Subsidiary and have been prepared in accordance with such Seller Subsidiary's past accounting practices consistently applied throughout the periods covered by such statements, and (ii) fairly present the financial condition and the results of operations for the applicable Real Properties as of the respective dates and for the periods referred to in such Property Statements, all in accordance with GAAP, subject to normal year-end adjustments and the absence of notes, excluding the payment of the Existing Debt and related interest expense. The Property Statements for the Deerwood North Portfolio, taken together on a combined basis, fairly present the financial condition and the results of operations for the Seller Subsidiary that owns the Deerwood North Portfolio as of the respective dates and for the periods referred to in such Property Statements, all in accordance with GAAP, subject to normal year-end adjustments and the absence of notes, excluding the payment of the Existing Debt and related interest expense. The Property Statements for the Deerwood South Portfolio, taken together on a combined basis, fairly present the financial condition and the results of operations for the Seller Subsidiary that owns the Deerwood South Portfolio as of the respective dates and for the periods referred to in such Property Statements, all in accordance with GAAP, subject to normal year-end adjustments and the absence of notes, excluding the payment of the Existing Debt and related interest expense.

Property Statements. Landmark has provided to PRLP a statement of income and expenses and balance sheets of each Property (the “Property Statements”). To Landmark’s Knowledge, the Property Statements fairly and accurately present, in all material respects, the operations of each such Property.