0001001604-06-000024 Sample Contracts

PURCHASE AND SALE AGREEMENT
Sale Agreement • March 16th, 2006 • Emeritus Corp\wa\ • Services-nursing & personal care facilities

THIS PURCHASE AND SALE AGREEMENT (“this Agreement”) is made and entered into as of the 5th day of August, 2005 (the “Execution Date”), by and between CHERIDAN INC., a Washington corporation (“Seller”) and EMERITUS CORPORATION, a Washington corporation, and/or its assigns (“Buyer”).

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • March 16th, 2006 • Emeritus Corp\wa\ • Services-nursing & personal care facilities

THIS PURCHASE AND SALE AGREEMENT (“this Agreement”) is made and entered into as of the 5th day of August, 2005 (the “Execution Date”), by and between CAMLU REAL ESTATE DEVELOPMENT LIMITED PARTNERSHIP, a Nevada limited partnership (“Seller”) and EMERITUS CORPORATION, a Washington corporation, and/or its assigns (“Buyer”).

LOAN AGREEMENT for a loan in the amount of among EMERITUS PROPERTIES-ARKANSAS, LLC, a Delaware limited liability company as Borrower and GENERAL ELECTRIC CAPITAL CORPORATION as Agent and a Lender and THE OTHER FINANCIAL INSTITUTIONS WHO ARE OR...
Loan Agreement • March 16th, 2006 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Illinois

This Loan Agreement is entered into as of December 1, 2005, among GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (in its individual capacity, "GECC" and in its capacity as agent for the Lenders, together with its successors, "Agent"), the financial institutions other than GECC who are or hereafter become parties to this Agreement (together with GECC collectively, or individually, as the context may require, "Lender"), and EMERITUS PROPERTIES-ARKANSAS, LLC, a Delaware limited liability company ("Borrower").

PROMISSORY NOTE
Emeritus Corp\wa\ • March 16th, 2006 • Services-nursing & personal care facilities • Illinois
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