Common use of Intended Use Clause in Contracts

Intended Use. The residential units in the Facility are allocated as follows (“Intended Use”): 1. Independent Living Xxxxx 0 % 0 units 2. Assisted Living Residences 100 % 26 units 35 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 % 0 beds

Appears in 1 contract

Samples: Seniors Housing Loan and Security Agreement (Care Investment Trust Inc.)

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Intended Use. (a) The residential units in the Facility are allocated as follows (“Intended Use”): 1. Independent Living Xxxxx 0 Units 0% 0 units units 2. Assisted Living Residences 100 100% 26 64 units 35 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 % 0 64 beds

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Strategic Student & Senior Housing Trust, Inc.)

Intended Use. (a) The residential units in the Facility are allocated as follows (“Intended Use”): 1. Independent Living Xxxxx 0 Units 100% 0 units 145 units 2. Assisted Living Residences 100 % 26 units 35 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 0% 0 units 0 beds

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)

Intended Use. (a) The residential units in the Facility are allocated as follows (“Intended Use”): 1. Independent Living Xxxxx 0 Units 0% 0 units units 2. Assisted Living Residences 100 100% 26 119 units 35 119 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 0% 0 units 0 beds

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (Strategic Student & Senior Housing Trust, Inc.)

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Intended Use. The residential units in the Facility are allocated as follows (“Intended Use”): ): 1. Independent Living Xxxxx 0 Units 0% 0 units units 2. Assisted Living Residences 100 77% 26 37 units 35 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 % 0 49 beds

Appears in 1 contract

Samples: Seniors Housing Loan and Security Agreement (Care Investment Trust Inc.)

Intended Use. (a) The residential units in the Facility are allocated as follows (“Intended Use”): 1. Independent Living Xxxxx 0 Units 100% 0 units 117 units 2. Assisted Living Residences 100 % 26 units 35 beds 3. Assisted Living Residences devoted to Alzheimer’s care, dementia care and/or memory care 0 0% 0 units 0 beds

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement (New Senior Investment Group Inc.)

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