EXHIBIT 10.36
[MPT LOGO]
MEDICAL PROPERTIES TRUST
March 30, 2005
Xxxxxx X. Xxxxxxxxxx, M.D., Ph.D. FACP
Chairman, President and CEO
Diversified Specialty Institutes
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxxxx, Xxxxxxxxx 00000
RE: AMENDMENT TO COMMITMENT LETTER FOR ACQUISITION AND DEVELOPMENT LINE
Dear Xx. Xxxxxxxxxx:
As you know, Diversified Specialty Institutes, Inc. ("DSI") and MPT
Operating Partnership, L.P. ("MPT") are parties to that certain Commitment
Letter dated March 3, 2005 (the "Commitment Letter"), relating to an acquisition
and development facility to be used to finance the acquisition of certain
existing healthcare facilities and the development of certain other healthcare
facilities. Section 1.8 of the Commitment Letter provides that the definitive
documents will provide that the Transaction must close by March 31, 2005, unless
either party requests a thirty (30) day extension. We would like to amend the
Commitment Letter by extending said date from March 31, 2005 to April 30, 2005.
Please indicate your acceptance to the foregoing amendment by signing a copy of
this letter in the space below and returning it to us. Upon our receipt of your
executed letter, Section 1.8 of the Commitment Letter shall be amended as
described herein.
Sincerely,
MPT OPERATING PARTNERSHIP, L.P.
By: /s/ Xxxxxx X. XxXxxx
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Xxxxxx X. XxXxxx
EVP and COO
ACCEPTED AND AGREED TO:
DIVERSIFIED SPECIALTY INSTITUTES, INC.
By: /s/ Xxxxxx X. Xxxxxxxxxx, M.D., Ph.D.
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Name: Xxxxxx X. Xxxxxxxxxx, M.D., Ph.D.
Its: Chairman & CEO
Dated: 3/30/05