Rent Reduction. Minimum Rent (defined in the Amended and Restated Leases) for the Amended and Restated Lease which includes the Leased Properties known as the New England Rehabilitation Hospital and the Braintree Rehabilitation Hospital will, upon closing of the Term Loan, be reduced by an annual amount equal to $2,000,000 until the expiration or sooner termination of the Fixed Term (as defined in that Amended and Restated Lease).
Appears in 2 contracts
Sources: Lease Realignment Agreement (Five Star Quality Care Inc), Lease Realignment Agreement (Senior Housing Properties Trust)