LOAN AND SECURITY AGREEMENT dated as of March 17, 2010 by and among DIVERSICARE MANAGEMENT SERVICES CO., a Tennessee corporation, as a Borrower and those certain additional Borrowers set forth on Schedule 1 hereto, and THE PRIVATEBANK AND TRUST...Loan and Security Agreement • May 5th, 2010 • Advocat Inc • Services-skilled nursing care facilities • Illinois
This LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of March 17, 2010, is by and among DIVERSICARE MANAGEMENT SERVICES CO., a Tennessee corporation, and those certain other entities set forth on Schedule 1 hereto, which are signatories hereto (such entities individually and collectively, the “Borrower”), and THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (together with its successors and assigns, the “Lender”).
SECOND AMENDMENT TO MASTER LEASEMaster Lease • May 5th, 2010 • Advocat Inc • Services-skilled nursing care facilities
This Second Amendment to Master Lease (this “Amendment”) is executed and delivered effective as of March 2, 2010 by and between OHI ASSET (FL), LLC, a Delaware limited liability company (“Lessor”), and SENIOR CARE FLORIDA LEASING, LLC, a Delaware limited liability company (“Lessee”).
EMPLOYMENT AGREEMENTEmployment Agreement • May 5th, 2010 • Advocat Inc • Services-skilled nursing care facilities • Tennessee
This Agreement made effective as of April 5, 2010 by and between Advocat Inc., a Delaware corporation (the “Company”), and Kelly Gill (the “Executive”).
TERMINATION OF LEASE AND SUBLEASES (Senior Care Florida Master Lease and Subleases)Master Lease Agreement • May 5th, 2010 • Advocat Inc • Services-skilled nursing care facilities • Michigan
THIS TERMINATION OF LEASE AND SUBLEASES is made and entered into as of the 1st day of April, 2010 (the “Execution Date”) by and among (i) SENIOR CARE FLORIDA LEASING, LLC, a Delaware limited liability company (“Lessee”); (ii) SENIOR CARE GOLFVIEW, LLC, a Delaware limited liability company; SENIOR CARE GOLFCREST, LLC, a Delaware limited liability company; SENIOR CARE SOUTHERN PINES, LLC, a Delaware limited liability company; SENIOR CARE CEDAR HILLS, LLC, a Delaware limited liability company (each being sometimes referred to individually as a “Sublessee” and collectively as “Sublessees”); (iii) OHI ASSET II (FL), LLC, a Delaware limited liability company (“OHI”), as the successor by assignment to EMERALD-CEDAR-HILLS, INC., a Florida corporation, EMERALD-GOLFVIEW, INC., a Florida corporation, EMERALD-GOLFCREST, INC., a Florida corporation, and EMERALD-SOUTHERN PINES, INC., a Florida corporation (each being sometimes referred to individually as an “Emerald Lessor” and collectively as the “
