SECOND AMENDMENT TO AND WAIVER UNDER TERM LOAN AGREEMENTAnd Waiver Under Term Loan Agreement • July 5th, 2023 • Sonida Senior Living, Inc. • Services-nursing & personal care facilities
THIS SECOND AMENDMENT TO AND WAIVER UNDER TERM LOAN AGREEMENT (this “Agreement”) dated as of June 29, 2023, is made by and among each of the Persons signatory hereto and named on the signature page hereof as a Borrower (each an “Borrower” and, collectively, the “Borrowers”), SONIDA SENIOR LIVING, INC., a Delaware corporation (“Guarantor”), CAPITAL SENIOR LIVING PROPERTIES, INC., a Texas corporation, CAPITAL SENIOR LIVING PROPERTIES 4, INC., a Delaware corporation (each a “Pledgor” and collectively, the “Pledgors”, and together with Borrowers and Guarantor, each a “Loan Party” and collectively, the “Loan Parties”), the Lenders (as defined below) party hereto and ALLY BANK, a Utah state chartered bank (“Ally Bank”), in its capacity as Administrative Agent for Lenders (together with its successors and assigns, the “Administrative Agent”), and the Lenders signatory hereto.
