Common use of Noteholder Clause in Contracts

Noteholder. NRFC CEDAR CREEK HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Realty Healthcare, LLC, a Delaware limited liability company By: NRFC Healthcare Holding Company, LLC, a Delaware limited liability company By: NRFC Sub-REIT Corp., a Maryland corporation By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Investment & Operating Officer PARTICIPATION A-1 HOLDER NRFC CEDAR CREEK HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Realty Healthcare, LLC, a Delaware limited liability company By: NRFC Healthcare Holding Company, LLC, a Delaware limited liability company By: NRFC Sub-REIT Corp., a Maryland corporation By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Investment & Operating Officer PARTICIPATION A-2 HOLDER NS HEALTHCARE LOAN HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Healthcare Income Operating Partnership, LP, a Delaware limited partnership By: NorthStar Healthcare Income, Inc., a Maryland corporation By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Executive Officer

Noteholder. NRFC CEDAR CREEK HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Realty Healthcare, LLC, a Delaware limited liability company By: NRFC Healthcare Holding Company, LLC, a Delaware limited liability company By: NRFC Sub-REIT Corp., a Maryland corporation By: /s/ /s/Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Investment & and Operating Officer PARTICIPATION A-1 HOLDER NRFC CEDAR CREEK HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Realty Healthcare, LLC, a Delaware limited liability company By: NRFC Healthcare Holding Company, LLC, a Delaware limited liability company By: NRFC Sub-REIT Corp., a Maryland corporation By: /s/ /s/Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Investment & and Operating Officer PARTICIPATION A-2 HOLDER NS HEALTHCARE LOAN HOLDINGS, LLC, a Delaware limited liability company, By: NorthStar Healthcare Income Operating Partnership, LP, a Delaware limited partnership By: NorthStar Healthcare Income, Inc., a Maryland corporation By: /s/ /s/Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Chief Executive Officer