Common use of Single Lease Clause in Contracts

Single Lease. 56 EXHIBITS: Exhibit A Legal Description Exhibit B Memorandum of Lease Exhibit C Subordination Agreement PROPERTY LEASE AGREEMENT THIS PROPERTY LEASE AGREEMENT (the "Lease") is made as of this 20th day of October 2004, by and between PSLT-ALS PROPERTIES I, LLC, a Delaware limited liability company, as landlord ("Landlord") and ALS PROPERTIES TENANT I, LLC, a Delaware limited liability company, as tenant ("Tenant"), and is joined into for certain limited purposes by ALTERRA HEALTHCARE CORPORATION, a Delaware limited liability company ("Manager"). In consideration of the mutual promises and agreements herein contained, the parties agree as follows:

Single Lease. 56 EXHIBITS: Exhibit A Legal Description Exhibit B Memorandum of Lease Exhibit C Subordination Agreement Exhibit D Guaranty PROPERTY LEASE AGREEMENT THIS PROPERTY LEASE AGREEMENT (the "Lease") is made as of this 20th ___ day of October 2004, by and between PSLT-ALS PROPERTIES I, LLC, a Delaware limited liability company, as landlord ("Landlord") and ALS PROPERTIES TENANT I, LLC, a Delaware limited liability company, as tenant ("Tenant"), and is joined into for certain limited purposes by ALTERRA HEALTHCARE CORPORATION, a Delaware limited liability company ("Manager"). In consideration of the mutual promises and agreements herein contained, the parties agree as follows: