FIRST AMENDMENT TO CREDIT AGREEMENT

EX-10.1 2 t83951_ex10-1.htm EXHIBIT 10.1

 

 

Exhibit 10.1

 

FIRST AMENDMENT TO CREDIT AGREEMENT

 

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of August 7, 2015 is by and among OHI HEALTHCARE PROPERTIES LIMITED PARTNERSHIP, a Delaware limited partnership (the “Borrower”), certain subsidiaries of the Borrower identified on the signature pages hereto as “Guarantors”, the lenders identified on the signature pages hereto and BANK OF AMERICA, N.A., as Administrative Agent.

 

W I T N E S S E T H

 

WHEREAS, the Borrower, the Guarantors, the lenders party thereto from time to time (the “Lenders”) and the Administrative Agent have entered into that certain Credit Agreement dated as of April 1, 2015 as amended, supplemented or otherwise modified prior to the date hereof (the “Existing Credit Agreement”);

 

WHEREAS, the Borrower, the Guarantors, certain of the Lenders and the Administrative Agent have agreed to amend the Existing Credit Agreement as set forth herein;

 

NOW, THEREFORE, in consideration of these premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

PART 1
DEFINITIONS

 

SUBPART 1.1   Certain Definitions. The following terms used in this Amendment, including its preamble and recitals, have the following meanings:

 

Amended Credit Agreement” means the Existing Credit Agreement as amended hereby.

 

First Amendment Effective Date” is defined in Subpart 3.1.

 

SUBPART 1.2   Other Definitions. Unless otherwise defined herein or the context otherwise requires, terms used in this Amendment, including its preamble and recitals, have the meanings provided in the Existing Credit Agreement.

 

PART 2
AMENDMENTS TO

EXISTING CREDIT AGREEMENT

 

   SUBPART 2.1   The following definitions are hereby added to Section 1.01 of the Existing Credit Agreement in appropriate alphabetical order to read as follows:

 

Domestic Subsidiary” means any Subsidiary of the Borrower that is organized under the laws of the United States or any state thereof or the District of Columbia.

 

Foreign Subsidiary” means any Subsidiary of the Borrower that is not organized under the laws of the United States or any state thereof or the District of Columbia.

 

 

 

 

International Unencumbered Property” means an Unencumbered Property which is located in Australia, Canada, Switzerland or the United Kingdom.

 

SUBPART 2.2   Clause (d) of the definition of “Unencumbered Property” set forth in Section 1.01 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

 

(d)          shall be located in the United States or shall be an International Unencumbered Property; provided, however, that International Unencumbered Properties may be included in the pool of Unencumbered Properties only to the extent that aggregate value of such properties does not exceed twenty percent (20%) of the total Unencumbered Asset Value.

 

   SUBPART 2.3           Section 6.15(a) of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

 

(a)          Upon the acquisition, incorporation or other creation of any Subsidiary of the Borrower that (i) (A) is a Domestic Subsidiary and (B) owns an Unencumbered Property or provides a guaranty of the obligations under the REIT Credit Agreement, the Senior Notes or other unsecured Funded Debt and (ii) has not been designated as an Unrestricted Subsidiary, the Borrower shall cause such Subsidiary to (1) become a Subsidiary Guarantor hereunder through the execution and delivery to the Administrative Agent of a Subsidiary Guarantor Joinder Agreement on or before the deadline for the delivery of the Compliance Certificate required pursuant to Section 6.02(a) following the fiscal quarter in which the foregoing conditions for becoming a Subsidiary Guarantor are met, and (2) deliver such other documentation as the Administrative Agent may reasonably request in connection with the foregoing, including, without limitation, certified resolutions and other organizational and authorizing documents of such Subsidiary, favorable opinions of counsel to such Subsidiary (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to above), all in form, content and scope reasonably satisfactory to the Administrative Agent; provided, however, notwithstanding the foregoing, if any Foreign Subsidiary provides a guaranty of the Senior Notes or other unsecured Funded Debt of the Borrower or any Domestic Subsidiary, then the Borrower shall cause each such Foreign Subsidiary to become a Subsidiary Guarantor hereunder through the procedures described in clauses (1) and (2) of this Section 6.15(a) above.

 

PART 3
CONDITIONS TO EFFECTIVENESS

 

SUBPART 3.1   First Amendment Effective Date. This Amendment shall be and become effective as of the date hereof (the “First Amendment Effective Date”) when all of the conditions set forth in this Part 3 shall have been satisfied, and thereafter this Amendment shall be known, and may be referred to, as the “First Amendment”.

 

SUBPART 3.2   Execution of Counterparts of Amendment. The Administrative Agent shall have received counterparts (or other evidence of execution, including telephonic message or other electronic imaging means, satisfactory to the Administrative Agent) of this Amendment, which collectively shall have been duly executed on behalf of the Borrower, the Guarantors, Lenders constituting Required Lenders (as defined in the Existing Credit Agreement) and the Administrative Agent.

 

 2 

 

 

SUBPART 3.3   Fees and Expenses. Payment by the Credit Parties to the Administrative Agent of all fees and expenses relating to the preparation, execution and delivery of this Amendment which are due and payable on the First Amendment Effective Date.

 

PART 4
MISCELLANEOUS

 

SUBPART 4.1   Construction. This Amendment is a Credit Document executed pursuant to the Existing Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Amended Credit Agreement.

 

SUBPART 4.2   Representations and Warranties. The Borrower hereby represents and warrants that it: (a) has the requisite corporate power and authority to execute, deliver and perform this Amendment, and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Amendment, (c) after giving effect to this Amendment, the representations and warranties contained in Article V of the Amended Credit Agreement are true and correct in all material respects on and as of the date hereof upon giving effect to this Amendment as though made on and as of such date (except for those which expressly relate to an earlier date) and (d) no Default or Event of Default exists under the Existing Credit Agreement on and as of the date hereof upon giving effect to this Amendment.

 

SUBPART 4.3   Counterparts. This Amendment may be executed by the parties hereto in several counterparts, each of which shall be deemed to be an original and all of which shall constitute together but one and the same agreement. Delivery of an executed counterpart of a signature page of this Amendment by facsimile or other electronic means shall be effective as delivery of a manually executed original counterpart of this Amendment.

 

SUBPART 4.4   Binding Effect. This Amendment, the Amended Credit Agreement and the other Credit Documents embody the entire agreement between the parties and supersede all prior agreements and understandings, if any, relating to the subject matter hereof. These Credit Documents represent the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. Except as expressly modified and amended in this Amendment, all the terms, provisions and conditions of the Credit Documents shall remain unchanged and shall continue in full force and effect.

 

SUBPART 4.5   GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

SUBPART 4.6   Severability. If any provision of this Amendment is determined to be illegal, invalid or unenforceable, such provision shall be fully severable and the remaining provisions shall remain in full force and effect and shall be construed without giving effect to the illegal, invalid or unenforceable provisions.

 

SUBPART 4.7   Affirmation. Except as specifically amended above, the Credit Documents (and all covenants, terms, conditions and agreements therein), shall remain in full force and effect, and are hereby ratified and confirmed in all respects by the Borrower. The Borrower covenants and agrees to comply with all of the terms, covenants and conditions of the Existing Credit Agreement, as otherwise waived, consented to and amended hereby, notwithstanding any prior course of conduct, waivers, releases or other actions or inactions on Lenders’ part which might otherwise constitute or be construed as a waiver of or amendment to such terms, covenants and conditions.

 

 3 

 

 

SUBPART 4.8   No Waiver. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided in this Amendment, operate as a waiver of any right, power or remedy of Lenders, nor constitute a waiver of any provision of any Credit Document or any other documents, instruments and agreements executed or delivered in connection with any of the foregoing. Except as otherwise provided for in this Amendment, nothing herein is intended or shall be construed as a waiver of any existing Defaults or Events of Default under the Credit Documents or any of Lenders’ rights and remedies in respect of such Defaults or Events of Default.

 

[SIGNATURE PAGES FOLLOW]

 4 

 

 

IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this First Amendment to Credit Agreement to be duly executed and delivered as of the date first above written.

 

BORROWER: OHI HEALTHCARE PROPERTIES LIMITED PARTNERSHIP
     
  By: OHI Healthcare Properties Holdco, Inc.,
    the Principal General Partner of such limited partnership
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

GUARANTORS: OHI ASSET (la), LLC
       
  By: OHI Healthcare Properties Limited Partnership,
    a Member of such company
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title: Chief Operating Officer
       
  By: Omega TRS I, Inc.,
    a Member of such company
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title: Chief Operating Officer

 

 

 

 

 

  OHI ASSET, LLC
  OHI ASSET (ID), LLC
  OHI ASSET (CA), LLC
  DELTA INVESTORS I, LLC
  DELTA INVESTORS II, LLC
  OHI Asset (CO), LLC
  COLONIAL GARDENS, LLC
  WILCARE, LLC
  nrs ventures, l.l.c.
  ohi asset (ct) lender, llc
  ohi asset (Fl), llc
  ohi asset (il), llc
  ohi asset (mo), llc
  ohi asset (oh), llc
  ohi asset (oh) lender, llc
  ohi asset (pa), llc
  ohi asset ii (ca), llc
  ohi asset ii (fl), llc
  ohi asset cse-e, llc
  ohi asset cse-u, llc
  OHI ASSET CSb LLC
  OHI ASSET (MI), LLC
  OHI ASSET (FL) LENDER, LLC
  OHI ASSET HUD WO, LLC
  OHI ASSET (MD), LLC
  OHI ASSET (TX), LLC
  OHI ASSET (IN) WABASH, LLC
  OHI ASSET (IN) WESTFIELD, LLC
  OHI ASSET (IN) GREENSBURG, LLC
  OHI ASSET (IN) INDIANAPOLIS, LLC
  OHI ASSET HUD SF, LLC
  OHI ASSET (IN) AMERICAN VILLAGE, LLC
  OHI ASSET (IN) ANDERSON, LLC
  OHI ASSET (IN) BEECH GROVE, LLC
  OHI ASSET (IN) CLARKSVILLE, LLC
  OHI ASSET (IN) EAGLE VALLEY, LLC
  OHI ASSET (IN) ELKHART, LLC
  OHI ASSET (IN) FOREST CREEK, LLC
  OHI ASSET (IN) FORT WAYNE, LLC
  OHI ASSET (IN) FRANKLIN, LLC
  OHI ASSET (IN) KOKOMO, LLC
  OHI ASSET (IN) LAFAYETTE, LLC
  OHI ASSET (IN) MONTICELLO, LLC
  OHI ASSET (IN) NOBLESVILLE, LLC
  OHI ASSET (IN) ROSEWALK, LLC
  OHI ASSET (IN) SPRING MILL, LLC

 

 

 

 

 

  OHI ASSET (IN) TERRE HAUTE, LLC
  OHI ASSET (IN) ZIONSVILLE, LLC
  OHI Asset HUD CFG, LLC
  OHI ASSET HUD SF CA, LLC
  OHI ASSET (TX) HONDO, LLC
  OHI ASSET (MI) HEATHER HILLS, LLC
  OHI ASSET (IN) CROWN POINT, LLC
  OHI ASSET (IN) MADISON, LLC
  OHI ASSET (AR) ASH FLAT, LLC
  OHI ASSET (AR) CAMDEN, LLC
  OHI ASSET (AR) CONWAY, LLC
  OHI ASSET (AR) DES ARC, LLC
  OHI ASSET (AR) HOT SPRINGS, LLC
  OHI ASSET (AR) MALVERN, LLC
  OHI ASSET (AR) MENA, LLC
  OHI ASSET (AR) POCAHONTAS, LLC
  OHI ASSET (AR) SHERIDAN, LLC
  OHI ASSET (AR) WALNUT RIDGE, LLC
  OHI ASSET RO, LLC
  OHI ASSET (FL) LAKE PLACID, LLC
  OHI ASSET HUD DELTA, LLC
  OHI ASSET (IN) CLINTON, LLC
  OHI ASSET (IN) JASPER, LLC
  OHI ASSET (IN) SALEM, LLC
  OHI ASSET (IN) SEYMOUR, LLC
  OHI ASSET (WV) DANVILLE, LLC
  OHI ASSET (WV) IVYDALE, LLC
  OHI MEZZ LENDER, LLC
  OHI ASSET (TN) JEFFERSON CITY, LLC
  OHI ASSET (TN) ROGERSVILLE, LLC
  OHI ASSET CHG ALF, LLC
  BAYSIDE STREET, LLC
  BAYSIDE STREET II, LLC
  OHI (IOWA), LLC
  OHI (INDIANA), LLC
  OHI (ILLINOIS), LLC
  OHIMA, LLC
  STERLING ACQUISITION, LLC
  OHI (CONNECTICUT), LLC
  FLORIDA LESSOR – MEADOWVIEW, LLC
  WASHINGTON LESSOR – SILVERDALE, LLC
  GEORGIA LESSOR – BONTERRA/PARKVIEW, LLC
  ARIZONA LESSOR – INFINIA, LLC
  COLORADO LESSOR – CONIFER, LLC
  TEXAS LESSOR – STONEGATE GP, LLC
  TEXAS LESSOR – STONEGATE LIMITED, LLC

 

 

 

 

 

  INDIANA LESSOR – WELLINGTON MANOR, LLC
  OHI ASSET (FL) LUTZ, LLC
  AVIV ASSET MANAGEMENT, L.L.C.
  ohi asset hud h-f, llc
  ohi asset (ga) dunwoody, llc
  ohi asset (ga) roswell, llc
  ohi asset (la) baton rouge, llc
  ohi asset (ny) 2nd avenue, llc
  ohi asset (ny) 93rd street, llc

 

  By: OHI Healthcare Properties Limited Partnership,
    the Sole Member of each of the companies
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title: Chief Operating Officer

 

  3806 CLAYTON ROAD, LLC
  245 EAST WILSHIRE AVENUE, LLC
  13922 CERISE AVENUE, LLC
  637 EAST ROMIE LANE, LLC
  523 HAYES LANE, LLC
  GOLDEN HILL REAL ESTATE COMPANY, LLC
  11900 EAST ARTESIA BOULEVARD, LLC
  2400 PARKSIDE DRIVE, LLC
  1628 B STREET, LLC
  3232 ARTESIA REAL ESTATE, LLC

 

  By: OHI Asset HUD SF CA, LLC,
    the Sole Member of each of the companies
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title: Chief Operating Officer

 

 

 

 

 

  ENCANTO SENIOR CARE, LLC
  OHI ASSET (AZ) AUSTIN HOUSE, LLC
  G&L GARDENS, LLC
  PALM VALLEY SENIOR CARE, LLC
  RIDGECREST SENIOR CARE, LLC

 

  By: OHI Asset HUD SF, LLC,
    the Sole Member of each of the companies
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title: Chief Operating Officer

 

  CFG 2115 WOODSTOCK PLACE, LLC
  1200 ELY STREET HOLDINGS CO. LLC
  42235 COUNTY ROAD HOLDINGS CO. LLC
  2425 TELLER AVENUE, LLC
  48 HIGH POINT ROAD, LLC

 

    By: OHI Asset HUD CFG, LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  Texas Lessor - Stonegate, LP
         
    By: Texas Lessor – Stonegate GP, LLC,
      Its General Partner
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

  PV REALTY – WILLOW TREE, LLC
         
    By: OHI Asset HUD WO, LLC,
      the Sole Member of such company
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  PAVILLION NURSING CENTER NORTH, LLC
  PAVILLION NORTH PARTNERS, LLC
  THE SUBURBAN PAVILION, LLC
         
    By: OHI Asset (OH), LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  OHI ASSET IV (PA) SILVER LAKE, LP
         
    By: OHI Asset CSE-U Subsidiary, LLC,
      Its General Partner
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  cse pennsylvania holdings, LP
  cse centennial village, lp
         
    By: OHI Asset CSE-E Subsidiary, LLC,
      Its General Partner
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

 

  CSE DENVER ILIFF LLC
  CSE FAIRHAVEN LLC
  CSE MARIANNA HOLDINGS LLC
  CSE TEXARKANA LLC
  CSE WEST POINT LLC
  CSE WHITEHOUSE LLC
  CARNEGIE GARDENS LLC
  FLORIDA REAL ESTATE COMPANY, LLC
  GREENBOUGH, LLC
  LAD I REAL ESTATE COMPANY, LLC
  PANAMA CITY NURSING CENTER LLC
  SKYLER MAITLAND LLC
  SUWANEE, LLC
  OHI ASSET CSE-U SUBSIDIARY, LLC
  OHI TENNESSEE, LLC
         
    By: OHI Asset CSE-U, LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  CSE BLOUNTVILLE LLC
  CSE BOLIVAR LLC
  CSE CAMDEN LLC
  CSE HUNTINGDON LLC
  CSE JEFFERSON CITY LLC
  CSE MEMPHIS LLC
  CSE RIPLEY LLC
         
    By: OHI Tennessee, LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

 

  CSE CORPUS NORTH LLC
  CSE JACINTO CITY LLC
  CSE KERRVILLE LLC
  CSE RIPON LLC
  CSE SPRING BRANCH LLC
  CSE THE VILLAGE LLC
  CSE WILLIAMSPORT LLC
  DESERT LANE LLC
  NORTH LAS VEGAS LLC
  OHI ASSET CSE-E SUBSIDIARY, LLC
         
    By: OHI Asset CSE-E, LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
         
  PAVILLION NORTH, LLP
         
    By: Pavillion Nursing Center North, LLC,
      its General Partner
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

  OHI ASSET (PA), LP
  OHI ASSET II (PA), LP
  OHI ASSET III (PA), LP
     
    By: OHI Asset (OH), LLC,
      the General Partner of each limited partnership
     
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
     
  CSE CASABLANCA HOLDINGS LLC
     
    By: OHI Asset CSB LLC,
      the Sole Member of such company
     
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
     
  CSE CASABLANCA HOLDINGS II LLC
     
    By: CSE Casablanca Holdings LLC,
      the Sole Member of such company
     
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

  CSE ALBANY LLC
  CSE AMARILLO LLC
  CSE AUGUSTA LLC
  CSE BEDFORD LLC
  CSE CAMBRIDGE REALTY LLC
  CSE CANTON LLC
  CSE CEDAR RAPIDS LLC
  CSE CHELMSFORD LLC
  CSE CHESTERTON LLC
  CSE CLAREMONT LLC
  CSE DENVER LLC
  CSE DOUGLAS LLC
  CSE ELKTON REALTY LLC
  CSE FORT WAYNE LLC
  CSE FRANKSTON LLC
  CSE GEORGETOWN LLC
  CSE GREEN BAY LLC
  CSE HILLIARD LLC
  CSE HUNTSVILLE LLC
  CSE INDIANAPOLIS – CONTINENTAL LLC
  CSE INDIANAPOLIS – GREENBRIAR LLC
  CSE JEFFERSONVILLE – HILLCREST CENTER LLC
  CSE JEFFERSONVILLE – JENNINGS HOUSE LLC
  CSE KINGSPORT LLC
  CSE LAKE CITY LLC
  CSE LAKE WORTH LLC
  CSE LAKEWOOD LLC
  CSE LAS VEGAS LLC
  CSE LAWRENCEBURG LLC
  CSE LEXINGTON PARK REALTY LLC
  CSE LIGONIER LLC
  CSE LIVE OAK LLC
  CSE LOWELL LLC
  CSE MOBILE LLC
  CSE MOORE LLC
  CSE NORTH CAROLINA HOLDINGS I LLC
  CSE NORTH CAROLINA HOLDINGS II LLC
  CSE OMRO LLC
  CSE ORANGE PARK LLC
  CSE ORLANDO – PINAR TERRACE MANOR LLC
  CSE ORLANDO – TERRA VISTA REHAB LLC
  CSE PIGGOTT LLC
  CSE PILOT POINT LLC
  CSE PONCA CITY LLC
  CSE PORT ST. LUCIE LLC
  CSE RICHMOND LLC
  CSE SAFFORD LLC
  CSE SALINA LLC
  CSE SEMINOLE LLC
  CSE SHAWNEE LLC
  CSE STILLWATER LLC
  CSE TAYLORSVILLE LLC

 

 

 

 

  CSE TEXAS CITY LLC
  CSE UPLAND LLC
  CSE WINTER HAVEN LLC
  CSE YORKTOWN LLC
       
    By: CSE Casablanca Holdings II LLC,
      the Sole Member of each of the companies
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
       
  CSE LEXINGTON PARK LLC
       
    By: CSE Lexington Park Realty LLC,
      the Sole Member of such company
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
       
  CSE CAMBRIDGE LLC
       
    By: CSE Cambridge Realty LLC,
      the Sole Member of such company
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
       
  CSE ELKTON LLC
       
    By: CSE Elkton Realty LLC,
      the Sole Member of such company
         
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer

 

 

 

 

 

  CSE ARDEN L.P.
  CSE KING L.P.
  CSE KNIGHTDALE L.P.
  CSE LENOIR L.P.
  CSE WALNUT COVE L.P.
  CSE WOODFIN L.P.
     
    By: CSE North Carolina Holdings I LLC,
      the General Partner of each limited partnership
     
      By: /s/ Daniel J. Booth
      Name: Daniel J. Booth
      Title: Chief Operating Officer
     
  OMEGA TRS I, INC.
  AVIV HEALTHCARE CAPITAL CORPORATION
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer
     
  CSE PINE VIEW LLC
  DIXIE WHITE HOUSE NURSING HOME, LLC
  OCEAN SPRINGS NURSING HOME, LLC
  PENSACOLA REAL ESTATE HOLDINGS I, LLC
  PENSACOLA REAL ESTATE HOLDINGS II, LLC
  PENSACOLA REAL ESTATE HOLDINGS III, LLC
  PENSACOLA REAL ESTATE HOLDINGS IV, LLC
  PENSACOLA REAL ESTATE HOLDINGS V, LLC
  SKYLER BOYINGTON, LLC
  SKYLER FLORIDA, LLC
  SKYLER PENSACOLA, LLC
     
  By: OHI Asset HUD Delta, LLC,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  OHI ASSET (GA) MOULTRIE, LLC
  OHI ASSET (GA) SNELLVILLE, LLC
  OHI ASSET (ID) HOLLY, LLC
  OHI ASSET (ID) MIDLAND, LLC
  OHI ASSET (IN) CONNERSVILLE, LLC
  OHI ASSET (MS) BYHALIA, LLC
  OHI ASSET (MS) CLEVELAND, LLC
  OHI ASSET (MS) CLINTON, LLC
  OHI ASSET (MS) COLUMBIA, LLC
  OHI ASSET (MS) CORINTH, LLC
  OHI ASSET (MS) GREENWOOD, LLC
  OHI ASSET (MS) GRENADA, LLC
  OHI ASSET (MS) HOLLY SPRINGS, LLC
  OHI ASSET (MS) INDIANOLA, LLC
  OHI ASSET (MS) NATCHEZ, LLC
  OHI ASSET (MS) PICAYUNE, LLC
  OHI ASSET (MS) VICKSBURG, LLC
  OHI ASSET (MS) YAZOO CITY, LLC
  OHI ASSET (NC) WADESBORO, LLC
  OHI ASSET (OR) PORTLAND, LLC
  OHI ASSET (SC) AIKEN, LLC
  OHI ASSET (SC) ANDERSON, LLC
  OHI ASSET (SC) EASLEY ANNE, LLC
  OHI ASSET (SC) EASLEY CRESTVIEW, LLC
  OHI ASSET (SC) EDGEFIELD, LLC
  OHI ASSET (SC) GREENVILLE GRIFFITH, LLC
  OHI ASSET (SC) GREENVILLE LAURENS, LLC
  OHI ASSET (SC) GREENVILLE NORTH, LLC
  OHI ASSET (SC) GREER, LLC
  OHI ASSET (SC) MARIETTA, LLC
  OHI ASSET (SC) MCCORMICK, LLC
  OHI ASSET (SC) PICKENS EAST CEDAR, LLC
  OHI ASSET (SC) PICKENS ROSEMOND, LLC
  OHI ASSET (SC) PIEDMONT, LLC
  OHI ASSET (SC) SIMPSONVILLE SE MAIN, LLC
  OHI ASSET (SC) SIMPSONVILLE WEST BROAD, LLC
  OHI ASSET (SC) SIMPSONVILLE WEST CURTIS, LLC
  OHI ASSET (TN) BARTLETT, LLC
  OHI ASSET (TN) COLLIERVILLE, LLC
  OHI ASSET (TN) MEMPHIS, LLC
  OHI ASSET (TX) ANDERSON, LLC
  OHI ASSET (TX) BRYAN, LLC
  OHI ASSET (TX) BURLESON, LLC
  OHI ASSET (TX) COLLEGE STATION, LLC
  OHI ASSET (TX) COMFORT, LLC

 

 

 

 

  OHI ASSET (TX) DIBOLL, LLC
  OHI ASSET (TX) GRANBURY, LLC
  OHI ASSET (TX) ITALY, LLC
  OHI ASSET (TX) WINNSBORO, LLC
  OHI ASSET (UT) OGDEN, LLC
  OHI ASSET (UT) PROVO, LLC
  OHI ASSET (UT) ROY, LLC
  OHI ASSET (VA) CHARLOTTESVILLE, LLC
  OHI ASSET (VA) FARMVILLE, LLC
  OHI ASSET (VA) HILLSVILLE, LLC
  OHI ASSET (VA) ROCKY MOUNT, LLC
  OHI ASSET (WA) BATTLE GROUND, LLC
  OHI ASSET RO PMM SERVICES, LLC
  OHI ASSET (GA) MACON, LLC
  OHI ASSET (SC) GREENVILLE, LLC
  OHI ASSET (SC) ORANGEBURG, LLC
   
  By: OHI Asset RO, LLC,
    the Sole Member of each of the companies
   
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  OHI ASSET MANAGEMENT, LLC
   
  By: OHI Healthcare Properties Limited Partnership,
    a Member of such company
       
    By: /s/ Daniel J. Booth
    Name: Daniel J. Booth
    Title:   Chief Operating Officer
       
  By: Omega TRS I, Inc.,
    a member of such company
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer
     
  OHI ASSET (OR) TROUTDALE, LLC
  OHI ASSET (PA) GP, LLC
  HOT SPRINGS ATRIUM OWNER, LLC
  HOT SPRINGS COTTAGES OWNER, LLC
  HOT SPRINGS MARINA OWNER, LLC
     
  By: OHI Asset CHG ALF, LLC,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  OHI ASSET (PA) WEST MIFFLIN, LP
  BALA CYNWYD REAL ESTATE, LP
     
  By: OHI Asset (PA) GP, LLC,
    the General Partner of each limited partnerships
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer
     
  BAYSIDE COLORADO HEALTHCARE ASSSOCIATES, LLC
     
  By: Bayside Street, LLC,
    the Sole Member of such company
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  CHR BARTOW LLC
  CHR BOCA RATON LLC
  CHR BRADENTON LLC
  CHR CAPE CORAL LLC
  CHR FORT MYERS LLC
  CHR FORT WALTON BEACH LLC
  CHR LAKE WALES LLC
  CHR LAKELAND LLC
  CHR POMPANO BEACH BROWARD LLC
  CHR POMPANO BEACH LLC
  CHR SANFORD LLC
  CHR SPRING HILL LLC
  CHR ST. PETE BAY LLC
  CHR ST. PETE EGRET LLC
  CHR TAMPA CARROLLWOOD LLC
  CHR TAMPA LLC
  CHR TARPON SPRINGS LLC
  CHR TITUSVILLE LLC

 

  By: OHI Asset HUD H-F, LLC,
    the Sole Member of each of the companies

 

  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

 

  CANTON HEALTH CARE LAND, LLC
  DIXON HEALTH CARE CENTER, LLC
  HUTTON I LAND, LLC
  HUTTON II LAND, LLC
  HUTTON III LAND, LLC
  LEATHERMAN PARTNERSHIP 89-1, LLC
  LEATHERMAN PARTNERSHIP 89-2, LLC
  LEATHERMAN 90-1, LLC
  MERIDIAN ARMS LAND, LLC
  ORANGE VILLAGE CARE CENTER, LLC
  ST. MARY’S PROPERTIES, LLC

 

  By: Bayside Street II, LLC,
    the Sole Member of each of the companies

 

  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

  AVIV HEALTHCARE PROPERTIES OPERATING PARTNERSHIP I, L.P.

 

  By:

OHI Healthcare Properties Limited Partnership,

the Sole Member of such company

 

  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  AVIV FINANCING I, L.L.C.
  AVIV FINANCING II, L.L.C.
  AVIV FINANCING III, L.L.C.
  AVIV FINANCING IV, L.L.C.
  AVIV FINANCING V, L.L.C.

 

  By: Aviv Healthcare Properties Operating Partnership I, L.P., the Sole Member of each of the companies

 

  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

  ALAMOGORDO AVIV, L.L.C.
  ARMA YATES, L.L.C.
  BRADENTON ALF PROPERTY, L.L.C.
  CALIFORNIA AVIV, L.L.C.
  CHIPPEWA VALLEY, L.L.C.
  CLAYTON ASSOCIATES, L.L.C.
  COLUMBUS WESTERN AVENUE, L.L.C.
  COMMERCE NURSING HOMES, L.L.C.
  COMMERCE STERLING HART DRIVE, L.L.C.
  CONROE RIGBY OWEN ROAD, L.L.C.
  DENISON TEXAS, L.L.C.
  FALFURRIAS TEXAS, L.L.C.
  FREDERICKSBURG SOUTH ADAMS STREET, L.L.C.
  FREEWATER OREGON, L.L.C.
  FULLERTON CALIFORNIA, L.L.C.
  GERMANTOWN PROPERTY, L.L.C.
  HERITAGE MONTEREY ASSOCIATES, L.L.C.
  HIGHLAND LEASEHOLD, L.L.C.
  HOBBS ASSOCIATES, L.L.C.
  HOT SPRINGS AVIV, L.L.C.
  HOUSTON TEXAS AVIV, L.L.C.
  HUTCHINSON KANSAS, L.L.C.
  JASPER SPRINGHILL STREET, L.L.C.
  MCCARTHY STREET PROPERTY, L.L.C.
  MISSOURI ASSOCIATES, L.L.C.
  MISSOURI REGENCY ASSOCIATES, L.L.C.
  MOUNT WASHINGTON PROPERTY, L.L.C.
  N.M. BLOOMFIELD THREE PLUS ONE LIMITED COMPANY

 

 

 

 

 

  N.M. ESPANOLA THREE PLUS ONE LIMITED COMPANY
  N.M. LORDSBURG THREE PLUS ONE LIMITED COMPANY
  N.M. SILVER CITY THREE PLUS ONE LIMITED COMPANY
  OMAHA ASSOCIATES, L.L.C.
  RIVERSIDE NURSING HOME ASSOCIATES, L.L.C.
  SANTA ANA-BARTLETT, L.L.C.
  SAVOY/BONHAM VENTURE, L.L.C.
  SOUTHERN CALIFORNIA NEVADA, L.L.C.
  TUJUNGA, L.L.C.
  WASHINGTON-OREGON ASSOCIATES, L.L.C.
  WEST YARMOUTH PROPERTY I, L.L.C.
  WHEELER HEALTHCARE ASSOCIATES, L.L.C.

 

  By: Aviv Financing I, L.L.C.,
    the Sole Member of each of the companies

 

  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

  446 SYCAMORE ROAD, L.L.C.
  ALBANY STREET PROPERTY, L.L.C.
  ARKANSAS AVIV, L.L.C.
  AVERY STREET PROPERTY, L.L.C.
  AVON OHIO, L.L.C.
  BELLEVILLE ILLINOIS, L.L.C.
  BELLINGHAM II ASSOCIATES, L.L.C.
  BETHEL ALF PROPERTY, L.L.C.
  BHG AVIV, L.L.C.
  BIGLERVILLE ROAD, L.L.C.
  BONHAM TEXAS, L.L.C.
  BURTON NH PROPERTY, L.L.C.
  CAMAS ASSOCIATES, L.L.C.
  CHAMPAIGN WILLIAMSON FRANKLIN, L.L.C.
  CHARDON OHIO PROPERTY, L.L.C.
  CHATHAM AVIV, L.L.C.
  CLARKSTON CARE, L.L.C.
  COLONIAL MADISON ASSOCIATES, L.L.C.
  COLUMBUS TEXAS AVIV, L.L.C.
  COLVILLE WASHINGTON PROPERTY, L.L.C.
  CRETE PLUS FIVE PROPERTY, L.L.C.
  CROOKED RIVER ROAD, L.L.C.
  CR AVIV, L.L.C.
  CUYAHOGA FALLS PROPERTY, L.L.C.

  

 

 

 

 

  DALLAS TWO PROPERTY, L.L.C.
  DARIEN ALF PROPERTY, L.L.C.
  EAST ROLLINS STREET, L.L.C.
  EDGEWOOD DRIVE PROPERTY, L.L.C.
  ELITE YORKVILLE, L.L.C.
  FALCON FOUR PROPERTY, L.L.C.
  FLORIDA ALF PROPERTIES, L.L.C.
  FORT STOCKTON PROPERTY, L.L.C.
  FOUR FOUNTAINS AVIV, L.L.C.
  GILTEX CARE, L.L.C.
  GONZALES TEXAS PROPERTY, L.L.C.
  GREAT BEND PROPERTY, L.L.C.
  GREENVILLE KENTUCKY PROPERTY, L.L.C.
  HHM AVIV, L.L.C.
  HIDDEN ACRES PROPERTY, L.L.C.
  IDAHO ASSOCIATES, L.L.C.
  ILLINOIS MISSOURI PROPERTIES, L.L.C.
  IOWA LINCOLN COUNTY PROPERTY, L.L.C.
  KARAN ASSOCIATES TWO, L.L.C.
  KARISSA COURT PROPERTY, L.L.C.
  KB NORTHWEST ASSOCIATES, L.L.C.
  KENTUCKY NH PROPERTIES, L.L.C.
  LOUISVILLE DUTCHMANS PROPERTY, L.L.C.
  MAGNOLIA DRIVE PROPERTY, L.L.C.
  MANSFIELD AVIV, L.L.C.
  MASSACHUSETTS NURSING HOMES, L.L.C.
  MINNESOTA ASSOCIATES, L.L.C.
  MISHAWAKA PROPERTY, L.L.C.
  MONTEREY PARK LEASEHOLD MORTGAGE, L.L.C.
  MT. VERNON TEXAS, L.L.C.
  MURRAY COUNTY, L.L.C.
  MUSCATINE TOLEDO PROPERTIES, L.L.C.
  NEW HOPE PROPERTY, L.L.C.
  NICHOLASVILLE KENTUCKY PROPERTY, L.L.C.
  NORTH ROYALTON OHIO PROPERTY, L.L.C.
  NORWALK ALF PROPERTY, L.L.C.
  OAKLAND NURSING HOMES, L.L.C.
  OCTOBER ASSOCIATES, L.L.C.
  OGDEN ASSOCIATES, L.L.C.
  OHIO AVIV, L.L.C.
  OHIO AVIV THREE, L.L.C.
  OHIO AVIV TWO, L.L.C.
  OHIO INDIANA PROPERTY, L.L.C.
  OKLAHOMA WARR WIND, L.L.C.
  OKLAHOMA TWO PROPERTY, L.L.C.
  OREGON ASSOCIATES, L.L.C.
  OSO AVENUE PROPERTY, L.L.C.
  OSTROM AVENUE PROPERTY, L.L.C.
  S.C. PORTFOLIO PROPERTY, L.L.C.
  PEABODY ASSOCIATES, L.L.C.
  PENNINGTON ROAD PROPERTY, L.L.C.
  POCATELLO IDAHO PROPERTY, L.L.C.

 

 

 

 

  PRESCOTT ARKANSAS, L.L.C.
  RAVENNA OHIO PROPERTY, L.L.C.
  RICHLAND WASHINGTON, L.L.C.
  ROCKINGHAM DRIVE PROPERTY, L.L.C.
  SANTA FE MISSOURI ASSOCIATES, L.L.C.
  SEARCY AVIV, L.L.C.
  SIERRA PONDS PROPERTY, L.L.C.
  SKYVIEW ASSOCIATES, L.L.C.
  ST. JOSEPH MISSOURI PROPERTY, L.L.C.
  STAR CITY ARKANSAS, L.L.C.
  STEPHENVILLE TEXAS PROPERTY, L.L.C.
  TEXAS FOUR PROPERTY, L.L.C.
  TEXHOMA AVENUE PROPERTY, L.L.C.
  TULARE COUNTY PROPERTY, L.L.C.
  WASHINGTON IDAHO PROPERTY, L.L.C.
  WELLINGTON LEASEHOLD, L.L.C.
  WEST PEARL STREET, L.L.C.
  WHITLOCK STREET PROPERTY, L.L.C.
  YUBA AVIV, L.L.C.

  

  By: Aviv Financing II, L.L.C.,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

  DANBURY ALF PROPERTY, L.L.C.
  RIVERSIDE NURSING HOME ASSOCIATES TWO, L.L.C.
  WESTERVILLE OHIO OFFICE PROPERTY, L.L.C.

  

  By: Aviv Financing III, L.L.C.,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

 

  AVIV LIBERTY, L.L.C.
  AVIV FOOTHILLS, L.L.C.
  CALIFORNIA AVIV TWO, L.L.C.
  GARDNERVILLE PROPERTY, L.L.C.
  EFFINGHAM ASSOCIATES, L.L.C.
  ELITE MATTOON, L.L.C.
  KANSAS FIVE PROPERTY, L.L.C.
  KARAN ASSOCIATES, L.L.C.
  MANOR ASSOCIATES, L.L.C.
  NEWTON ALF PROPERTY, L.L.C.
  OHIO PENNSYLVANIA PROPERTY, L.L.C.
  ORANGE ALF PROPERTY, L.L.C.
  POMONA VISTA L.L.C.
  RATON PROPERTY LIMITED COMPANY
  RED ROCKS, L.L.C.
  ROSE BALDWIN PARK PROPERTY, L.L.C.
  SALEM ASSOCIATES, L.L.C.
  SAN JUAN NH PROPERTY, L.L.C.
  SANDALWOOD ARKANSAS PROPERTY, L.L.C.
  SEDGWICK PROPERTIES, L.L.C.
  SUN-MESA PROPERTIES, L.L.C.
  VRB AVIV, L.L.C.
  WATAUGA ASSOCIATES, L.L.C.
  WILLIS TEXAS AVIV, L.L.C.

  

  By: Aviv Financing IV, L.L.C.,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

  CASA/SIERRA CALIFORNIA ASSOCIATES, L.L.C.
  FLORIDA FOUR PROPERTIES, L.L.C.
  KINGSVILLE TEXAS, L.L.C.
  GLENDALE NH PROPERTY, L.L.C.
  MONTANA ASSOCIATES, L.L.C.
  ORANGE, L.L.C.
  PEABODY ASSOCIATES TWO, L.L.C.
  SEGUIN TEXAS PROPERTY, L.L.C.
  SOUTHEAST MISSOURI PROPERTY, L.L.C.
  STEVENS AVENUE PROPERTY, L.L.C.
  TEXAS FIFTEEN PROPERTY, L.L.C.

  

  By: Aviv Financing V, L.L.C.,
    the Sole Member of each of the companies
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer
     
  CHARDON OHIO PROPERTY HOLDINGS, L.L.C.
     
  By: Chardon Ohio Property, L.L.C.,
    the Sole Member of such company
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer
     
  FALCON FOUR PROPERTY HOLDING, L.L.C.
     
  By: Falcon Four Property, L.L.C.,
    the Sole Member of such company
     
  By: /s/ Daniel J. Booth
  Name: Daniel J. Booth
  Title: Chief Operating Officer

 

 

 

 

ADMINISTRATIVE AGENT: bank of america, n.a.,
as Administrative Agent
     
  By: /s/ Kevin L. Ahart
  Name: Kevin L. Ahart
  Title: Vice President

 

 

 

 

LENDERS: BANK OF AMERICA, N.A.,
  as a Lender
     
  By: /s/ Yinghua Zhang
  Name:   Yinghua Zhang
  Title: Director

 

 

 

 

 

  CREDIT AGRICOLE COPORATE AND INVESTMENT BANK,
  as a Lender
     
  By: /s/ Thomas Randolph
  Name:   Thomas Randolph
  Title: Managing Director
     
  By: /s/ Amy Trapp
  Name: Amy Trapp
  Title: Managing Director

 

 

 

 

 

  JPMORGAN CHASE BANK, N.A.,
  as a Lender
     
  By:  
  Name:  
  Title:  

 

 

 

 

  CITIZENS BANK, NATIONAL ASSOCIATION,
  as a Lender
     
  By: /s/ Brad E. Bindas
  Name: Brad E. Bindas
  Title: Senior Vice President

 

 

 

 

 

  SUNTRUST BANK,
  as a Lender
     
  By: /s/ Joshua Turner
  Name: Joshua Turner
  Title: Vice President

 

 

 

 

 

  ROYAL BANK OF CANADA,
  as a Lender
     
  By: /s/ Brian Gross
  Name:   Brian Gross
  Title: Authorized Signatory

 

 

 

 

 

 

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,

as a Lender

     
  By:  
  Name:  
  Title:  

 

 

 

 

 

  CAPITAL ONE, NATIONAL ASSOCIATION,
  as a Lender
     
  By: /s/ J. Stephen Klose
  Name:   J. Stephen Klose
  Title: Authorized Signatory

 

 

 

 

 

  WELLS FARGO BANK, NATIONAL ASSOCIATION,
  as a Lender
     
  By: /s/ Darin Mullis
  Name: Darin Mullis
  Title: Director