Common use of Intended Use Clause in Contracts

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% 3. Skilled Nursing Beds _______% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the "Intended Use"): 1. Independent Living Living/Congregate Care Units _______% 2. Assisted Living Residences 100_______% 3. Skilled Nursing Beds _______% % 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Living/Congregate Care Units _______% c. Assisted Living Residences _______% d. Skilled Nursing Beds _______%

Appears in 1 contract

Sources: Seniors Housing Provisions

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______0% 2. Assisted Living Residences 100% 3. Skilled Nursing Beds _______0% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______0% b. Independent Living Units _______% 0% c. Assisted Living Residences _______100% d. Skilled Nursing Beds 0%

Appears in 1 contract

Sources: Multifamily Deed of Trust, Assignment of Rents and Security Agreement and Fixture Filing (Cornerstone Healthcare Plus Reit, Inc.)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% % 3. Skilled Nursing Beds _______% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______% 2. Assisted Living Residences 100% % 3. Skilled Nursing Beds _______% % 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______% b. Independent Living Units _______% c. Assisted Living Residences _______%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)

Intended Use. The residential units in the Mortgaged Property will be allocated as follows (the “Intended Use”): 1. Independent Living Units _______0% 2. Assisted Living Residences 100% 3. Skilled Nursing Beds _______0% 4. Continuing Care Retirement Community with the following percentages of use: a. Seniors Apartments _______0% b. Independent Living Units _______% 0% c. Assisted Living Residences _______0% d. Skilled Nursing Beds 0%

Appears in 1 contract

Sources: Multifamily Mortgage, Assignment of Rents and Security Agreement (Emeritus Corp\wa\)