XECITALS. A. Mortgagee has made loans to Mortgagor evidenced by (i) the Trancxx X Xxxxxxxory Note dated as of December 16, 1996 executed by Mortgagor for the principal sum of ONE HUNDRED MILLION FIVE HUNDRED XXXXXXXX DOLLARS, with final maturity no later than January 2, 2007 and with interest as therein expressed and amended September 30, 1997, May 1, 1998, and which is being amended concurrently herewith; (ii) the Tranche B Promissory Note dated as of December 16, 1996 executed by Mortgagor for the principal sum of EIGHTY-NINE MILLION FIVE HUNDRED XXXXXXXX DOLLARS, with final maturity no later than January 2, 2009 and with interest as therein expressed, which was amended August 11, 2000 and which is being amended concurrently herewith; (iii) the Tranche C Promissory Note dated as of September 2, 1999 executed by Mortgagor for the principal sum of FOURTEEN MILLION SEVEN HUNDRED TXXXXXXX XOLLARS, with final maturity no later than January 1, 2007 and with interest as therein expressed and which is being amended concurrently herewith; and (iv) the Tranche D Promissory Note dated as of September 2, 1999 executed by Mortgagor for the principal sum of THIRTY MILLION THREE HUNDRED THOXXXXX XXXLARS, with final maturity no later than January 1, 2009 and with interest as therein expressed and which is being amended concurrently herewith (the Tranche A Promissory Note, the Tranche B Promissory Note, the Tranche C Promissory Note, and the Tranche D Promissory Note, as such instruments may be amended, restated, renewed and extended, are hereinafter collectively referred to as the "Notes"). -------------------------------------------------------------------------------- RECORDER'S NOTE: THIS INSTRUMENT AND OTHERS RELATED TO THE SAME TRANSACTION (THE "FILED INSTRUMENTS") ARE BEING FILED IN DUVAL COUNTY, LEON COUNTY, ORANGE COUNTY, PINELLAS COUNTY AND SEMINXXX XOUNTY, FLXXXXA. ALL ADDITIONAL DOCUMENTARY STAMP AND INTANGIBLE PERSONAL PROPERTY TAXES ARE BEING PAID IN DUVAL COUNTY, FLORIDA. THE FILED INSTRUMENTS ADD ADDITIONAL FLORIDX XXXL PROPERTY COLLATERAL FOR LOANS IN THE ORIGINAL PRINCIPAL AMOUNT OF $235,000,000 (THE "LOAN") AND CONSOLIDATE, AMEND AND RESTATE INSTRUMENTS UPON WHICH DOCUMENTARY STAMP AND NONRECURRING INTANGIBLE TAX HAVE BEEN PREVIOUSLY PAID. EVIDENCE OF SUCH PAYMENT IS AFFIXED TO THAT CERTAIN MASTER LIEN INSTRUMENT MORTGAGE AND SECURITY AGREEMENT PREVIOUSLY RECORDED IN DUVAL COUNTY (I) ON OR ABOUT DECEMBER 19, 1996 IN OFFICIAL RECORDS XXXX 8507, PAGE 1224 AND (II)...
XECITALS. A. On September 15, 1994, the Borrower and Standard Federal entered into a Loan Agreement (the "Loan Agreement"), pursuant to which the Borrower opened a revolving line of credit facility with Standard Federal, Loan No. 0250012691, with a credit limit of up to $6,000,000.00 (the "Line of Credit"), as evidenced by a Promissory Note (Line of Credit), dated September 15, 1994, in the principal amount of $6,000,000.00 (the "Note"), secured by a Security Agreement, dated September 15, 1994 (the "Security Agreement"), and two Open-End Commercial Mortgages and Assignments of Lease and Rentals, dated June 29, 1993, as amended September 15, 1994 (the "Mortgages").
XECITALS. A. Individual Guarantor is the chief executive officer of American Shared Hospital Services, a California corporation ("Guarantor"), and owns twenty-five percent (25%) or more of the outstanding shares of Guarantor's common stock.
XECITALS. The recitals at the beginning of this Management Agreement are true and are incorporated by reference herein.
XECITALS. A. Borrower is justly indebted to Standard Federal in the principal amount of Two Million and 00/100 Dollars ($2,000,000.00), together with interest thereon in accordance with a mortgage note from Borrower to Standard Federal of even date herewith (the "Note").
XECITALS. A. The Company desires to be assured of the association and services of Executive for the Company.
XECITALS. A. Guarantor directly or indirectly owns all of the ownership interests in American Shared-CuraCare, a California general partnership, and CuraCare, Inc., a Delaware corporation ("collectively and individually, "Borrower").
XECITALS. A. Hospital originally entered into the Agreement with ArcherDx, Inc., a Delaware corporation, having a principal place of business at 16040 X. 00xx Xxx., Xxxxxx, XX00000.
XECITALS. A. BISYS, through its TOTALPLUS(R) Division, is a leading provider of comprehensive data processing outsourcing solutions to financial institutions.
XECITALS. A. Executive is expected to make a major contribution to the profitability, growth and financial strength of the Company.
