ASSET PURCHASE AND SALE AGREEMENTAsset Purchase and Sale Agreement • January 4th, 2022 • Universal Health Realty Income Trust • Real estate investment trusts
This Asset Purchase and Sale Agreement (the “Agreement”) is dated as of December 31, 2021 and is by and among Universal Health Realty Income Trust, a Maryland real estate investment trust (the “Trust”), Universal Health Services, Inc., a Delaware corporation (“UHS”) and certain of its wholly-owned subsidiaries, Aiken Regional Medical Centers, LLC, a South Carolina limited liability company (“ARMC”), Temple Behavioral Healthcare Hospital, Inc. (“Temple”) a Texas corporation, Universal Health Services of Rancho Springs, Inc., a California corporation (“Inland Valley”) (ARMC, Temple, and Inland Valley are sometimes referred to herein as the “UHS Parties”; the term “UHS” as used herein shall be deemed to refer to the applicable subsidiary or subsidiaries of UHS, individually or collectively, where the context requires).
GUARANTY OF OBLIGATIONS UNDER LEASE DATED December 31, 2021Universal Health Realty Income Trust • January 4th, 2022 • Real estate investment trusts • Delaware
The undersigned, UNIVERSAL HEALTH SERVICES, INC., a Delaware corporation (“UHS”), as a material and necessary inducement to UNIVERSAL HEALTH REALTY INCOME TRUST, a Maryland real estate investment trust (the “Lessor”), to purchase the facilities known as Aiken Regional Medical Centers and Canyon Creek Behavioral Health and enter into those certain leases (individually, the “Lease” and collectively, the “Leases”), dated as of December 31, 2021, (i) by and between Lessor and Aiken Regional Medical Centers LLC, as lessee, and (ii) by and between Lessor and Temple Behavioral Healthcare Hospital, Inc. as lessee, pursuant to which each lessee has leased from Lessor the Leased Property (as defined in the applicable Lease), hereby represents, warrants, covenants and agrees as follows:
LEASELease • January 4th, 2022 • Universal Health Realty Income Trust • Real estate investment trusts
THIS LEASE (the “Lease”) is made as of December 31, 2021 between Universal Health Realty Income Trust, a Maryland real estate investment trust (“Lessor”), having its principal office at 367 South Gulph Road, King of Prussia, Pennsylvania 19406 and Temple Behavioral Healthcare Hospital, Inc., a Texas corporation (“Lessee”), which is a subsidiary of Universal Health Services, Inc., a Delaware corporation (“UHS”).
LEASELease • January 4th, 2022 • Universal Health Realty Income Trust • Real estate investment trusts
THIS LEASE (the “Lease”) is made as of December 31, 2021 between Universal Health Realty Income Trust, a Maryland real estate investment trust (“Lessor”), having its principal office at 367 South Gulph Road, King of Prussia, Pennsylvania 19406 and Aiken Regional Medical Centers, LLC, a South Carolina limited liability company (“Lessee”), which is a subsidiary of Universal Health Services, Inc., a Delaware corporation (“UHS”).
MASTER LEASE DOCUMENT GENERAL TERMS AND CONDITIONS DATED December 31, 2021 FOR LEASES TO BE EXECUTED BY UNIVERSAL HEALTH REALTY INCOME TRUST, AS LESSOR AND CERTAIN SUBSIDIARIES OF UNIVERSAL HEALTH SERVICES, INC.,Master Lease Document General Terms And • January 4th, 2022 • Universal Health Realty Income Trust • Real estate investment trusts
THIS MASTER LEASE DOCUMENT GENERAL TERMS AND CONDITIONS (this “Master Lease Document”) is prepared for and will be adopted as part of the leases to be executed by UNIVERSAL HEALTH REALTY INCOME TRUST, a Maryland real estate investment trust, having its principal office at 367 South Gulph Road, King of Prussia, Pennsylvania 19406 as Lessor, and wholly-owned subsidiaries of Universal Health Services, Inc., a Delaware corporation (“UHS”), having its principal office at 367 South Gulph Road, King of Prussia, Pennsylvania 19406, as Lessees. Each of such leases so executed that incorporate this Master Lease Document is hereinafter individually referred to as the “Lease” and collectively as the “Leases”.
