EXHIBIT 10.12
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED
FIRST LIEN CREDIT AGREEMENT
This FIRST AMENDMENT TO SECOND AMENDED AND RESTATED FIRST LIEN
CREDIT AGREEMENT (this "AMENDMENT") is dated as of January 31, 2007 and entered
into by and among SKILLED HEALTHCARE GROUP, INC., a Delaware corporation
("COMPANY"), SHG HOLDING SOLUTIONS, INC., a Delaware corporation ("HOLDINGS"),
THE FINANCIAL INSTITUTIONS LISTED ON THE SIGNATURE PAGES HEREOF ("LENDERS"), and
CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as Administrative Agent (in such capacity,
"ADMINISTRATIVE AGENT") and Collateral Agent (in such capacity, "COLLATERAL
AGENT"), and, for purposes of Section 4 hereof, CERTAIN SUBSIDIARIES OF COMPANY
LISTED ON THE SIGNATURE PAGES HEREOF ("CREDIT SUPPORT PARTIES"), and is made
with reference to that certain Second Amended and Restated First Lien Credit
Agreement dated as of December 27, 2005, by and among Company, Holdings, the
lenders listed party thereto, Administrative Agent and Collateral Agent (as
amended to the date hereof, the "CREDIT AGREEMENT"). Capitalized terms used
herein without definition shall have the same meanings herein as set forth in
the Credit Agreement.
RECITALS
WHEREAS, Company and Lenders desire to amend the Credit
Agreement to (i), reduce the interest rate applicable to the Loans, (ii) permit
the Company to repay the Senior Subordinated Notes with a portion of the Net
Securities Proceeds of an IPO, (iii) permit Company to merge into Holdings, and
(iv) make certain other amendments as set forth herein.
NOW, THEREFORE, in consideration of the premises and the
agreements, provisions and covenants herein contained, the parties hereto agree
as follows:
SECTION 1. AMENDMENTS TO THE CREDIT AGREEMENT
1.1 AMENDMENTS TO SUBSECTION 1.1: DEFINITIONS.
A. Subsection 1.1 of the Credit Agreement is hereby amended by adding
thereto the following definitions, which shall be inserted in proper
alphabetical order:
"ESTIMATED ACQUISITION CAPEX AMOUNT" has the meaning assigned to that
term in subsection 7.3.
"FIRST AMENDMENT" means that certain First Amendment to this Agreement
dated as of January 31, 2007 by and among Company, Holdings, the Lenders party
thereto, and Administrative Agent.
"IPO" means the consummation of an initial public offering of any of
Company's or Holdings' common Equity Interests pursuant to an effective
registration statement filed with the Securities and Exchange Commission in
accordance with the Securities Act.
1 First Amendment to Second Amended and
Restated Credit Agreement
"PERMITTED HOLDINGS MERGER" has the meaning assigned to that term in
subsection 7.7.
B. The definition of "APPLICABLE MARGIN" in subsection 1.1 of the
Credit Agreement is hereby amended by:
(i) deleting clause (a) thereof in its entirety and
substituting the following therefor:
"(a) with respect to any Term Loan, 1.25% per annum in the case of a
Term Loan that is a Base Rate Loan and 2.25% per annum in the case of a
Term Loan that is a Eurodollar Rate Loan, and"; and
(ii) adding the following new paragraph to the end thereof:
"Notwithstanding the foregoing, after the effective date of the First Amendment,
upon the later of (i) the consummation of the IPO, and (ii) the credit
facilities contemplated hereby obtaining new ratings from both S&P and Xxxxx'x,
the Applicable Margin otherwise applicable to any Term Loan as set forth above
shall be reduced by the amount set forth in the table below under the caption
'Applicable Margin Reduction' opposite the applicable ratings for the Term Loans
from S&P and Moody's:
Ratings (Xxxxx'x/S&P) Applicable Margin Reduction
--------------------- ---------------------------
Ba3/BB- or higher 0.50%
B1/B+ 0.25%
B2/B or lower 0%
For purposes of this definition, in the event of a split rating from
S&P and Xxxxx'x, the lower rating shall govern."
C. The definition of "CHANGE IN CONTROL" in subsection 1.1 of the
Credit Agreement is hereby deleted and replaced with the following:
"'CHANGE IN CONTROL' means:
(a) prior to the IPO, Permitted Holders shall cease to beneficially own
and control at least 50% of the total voting power of the issued and
outstanding shares of capital stock of Holdings entitled (without
regard to the occurrence of any contingency) to vote for the election
of members of the Governing Body of Holdings;
(b) after the IPO, a Person, either individually or acting in concert
with one or more other Persons, excluding Permitted Holders, shall
beneficially own and control more than 30% of the total voting power of
the issued and outstanding shares of capital stock of Holdings entitled
(without regard to the occurrence of any contingency) to vote for the
2 First Amendment to Second Amended and
Restated Credit Agreement
election of members of the Governing Body of Holdings, unless Permitted
Holders shall beneficially own and control a greater percentage of such
voting power of Holdings;
(c) the occurrence of a change in the composition of the Governing Body
of Holdings such that a majority of the members of any such Governing
Body are not Continuing Members; or
(d) the occurrence of any 'Change in Control' as defined in the Senior
Subordinated Note Indenture.
As used herein, the term 'beneficially own' or 'beneficial ownership'
shall have the meaning set forth in the Exchange Act and the rules and
regulations promulgated thereunder."
D. The definition of "CONSOLIDATED CAPITAL EXPENDITURES" in subsection
1.1 of the Credit Agreement is hereby amended by inserting the words "(including
any Estimated Acquisition CapEx Amount relating thereto)" after the words
"Permitted Acquisition."
E. The definition of "COMPANY" in subsection 1.1 of the Credit
Agreement is hereby deleted and replaced with the following:
"'COMPANY' means (i) prior to the Permitted Holdings Merger,
Skilled
Healthcare Group, Inc., and (ii) on and after the Permitted Holdings
Merger, Holdings."
1.2 AMENDMENT TO SUBSECTION 2.4B: PREPAYMENTS OF LOANS AND REDUCTIONS IN
REVOLVING LOAN COMMITMENT AMOUNT.
Subsection 2.4B(iii)(c) of the Credit Agreement is hereby amended by
adding the following proviso immediately prior to the period at the end thereof:
"; provided further, that with respect to Net Securities Proceeds of
the IPO, the amount required to be applied to prepay the Term Loans
pursuant to this subsection 2.4B(iii)(c) shall be equal to the lesser
of (x) 50% of such Net Securities Proceeds, and (y) the excess of the
Net Securities Proceeds of the IPO over the amount applied to redeem,
repurchase or prepay up to $70,000,000 of Senior Subordinated Notes
(plus accrued interest thereon and any prepayment premium required to
be paid in connection therewith)."
1.3 AMENDMENTS TO SUBSECTION 6.1: FINANCIAL STATEMENTS AND OTHER REPORTS.
A. Subsection 6.1(iii) of the Credit Agreement is hereby amended by
adding the following proviso to the end thereof:
"; provided, however, that, so long as Company is required to file
reports under Section 13 of the Exchange Act, the requirements of this
paragraph shall be deemed satisfied by the delivery of the quarterly
financials of Company on Form 10-Q for the relevant Fiscal Quarter,
signed by the duly authorized Officer or Officers of Company."
3 First Amendment to Second Amended and
Restated Credit Agreement
B. Subsection 6.l(iv) of the Credit Agreement is hereby amended by
adding the following proviso to the end thereof:
"; provided, however, that, so long as Company is required to file
reports under Section 13 of the Exchange Act, the requirements of this
paragraph shall be deemed satisfied by the delivery of the year-end
financials of Company on Form 10-K for the relevant Fiscal Year, signed
by the duly authorized Officer or Officers of Company."
1.4 AMENDMENTS TO SUBSECTION 6.8: EXECUTION OF SUBSIDIARY GUARANTY AND
PERSONAL PROPERTY COLLATERAL DOCUMENTS AFTER THE EFFECTIVE DATE.
Subsection 6.8 of the Credit Agreement is hereby amended by adding the
following paragraph at the end thereof:
"Notwithstanding anything to the contrary in the foregoing, Company and
its Subsidiaries shall be deemed to be in compliance with this
subsection 6.8 with respect to any new Subsidiary if they perform the
obligations under this subsection 6.8 on or prior to the next
succeeding date on which financial statements are required to be
delivered by Company to Administrative Agent pursuant to clause (iii)
or (iv) of subsection 6.1, so long as the aggregate value of the assets
of all Subsidiaries for which performance under subsection 6.8 has not
been made, when added to the aggregate fair market value of all real
property for which performance has not been made under subsection 6.9A,
does not exceed $10,000,000 in the aggregate at any time."
1.5 AMENDMENT TO SUBSECTION 6.9: MATTERS RELATING TO ADDITIONAL REAL
PROPERTY COLLATERAL.
Subsection 6.9A of the Credit Agreement is hereby amended by adding the
following immediately prior to the period at the end thereof:
"; provided, however, that notwithstanding anything to the contrary in
the foregoing, Company and its Subsidiaries shall be deemed to be in
compliance with this subsection 6.9A if they perform the obligations
under this subsection 6.9A on or prior to the next succeeding date on
which financial statements are required to be delivered by Company to
Administrative Agent pursuant to clause (iii) or (iv) of subsection
6.1, so long as the fair market value of all real property for which
performance under subsection 6.9A has not been made, when added to the
aggregate value of the assets of all Subsidiaries for which performance
under subsection 6.8 has not been made, does not exceed $10,000,000 in
the aggregate at any time."
1.6 AMENDMENT TO SUBSECTION 7.3: INVESTMENTS; ACQUISITIONS.
Subsection 7.3(vi) of the Credit Agreement is hereby amended by adding
the following proviso immediately prior to semicolon at the end thereof:
"; provided further, that in connection with any acquisition permitted
under this clause (vi), Company may elect to estimate the amount of
capital expenditures that will be expended with respect to the acquired
business for the twelve-month period
4 First Amendment to Second Amended and
Restated Credit Agreement
commencing with the month in which such acquisition took place (the
'ESTIMATED ACQUISITION CAPEX AMOUNT'), and notify Administrative Agent
of such Estimated Acquisition CapEx Amount promptly after such
acquisition is consummated, in which event such Estimated Acquisition
CapEx Amount shall be deemed a part of the consideration paid for such
acquisition for purposes of this clause (vi) (and shall be counted
against the cap on acquisitions such forth in this clause (vi))."
1.7 AMENDMENT TO SUBSECTION 7.5: RESTRICTED JUNIOR PAYMENTS.
Subsection 7.5 of the Credit Agreement is hereby amended by (i)
deleting "and" at the end of clause (iii) thereof and substituting a comma
therefor, and (ii) adding the following immediately prior to the period at the
end thereof:
"and (v) redeem, repurchase or prepay up to $70,000,000 of the
aggregate principal amount of the Senior Subordinated Notes (plus
accrued interest thereon and any prepayment premium required to be paid
in connection therewith) with the Net Securities Proceeds of an IPO."
1.8 AMENDMENT TO SUBSECTION 7.7: RESTRICTION ON FUNDAMENTAL CHANGES; ASSET
SALES.
Subsection 7.7 of the Credit Agreement is hereby amended by adding the
following phrase immediately prior to the period at the end thereof:
"; and (x) Company may be merged with or into Holdings; provided that
Holdings shall be the continuing or surviving Person; provided further,
that Holdings shall, in connection with the merger, change its name to
"
Skilled Healthcare Group, Inc." (a 'PERMITTED HOLDINGS MERGER')."
1.9 AMENDMENT TO SUBSECTION 7.8: CONSOLIDATED CAPITAL EXPENDITURES.
Subsection 7.8 of the Credit Agreement is hereby amended by deleting
the reference to "2.50%" contained therein and substituting "3.00%" therefor.
1.10 AMENDMENTS TO SUBSECTION 7.11: CONDUCT OF BUSINESS.
Subsection 7.11 of the Credit Agreement is hereby amended by adding the
following at the end thereof: "This subsection 7.11 will no longer apply after a
Permitted Holdings Merger."
1.11 AMENDMENTS TO SUBSECTION 8.14: CONDUCT OF BUSINESS BY HOLDINGS.
Subsection 8.14 of the Credit Agreement is hereby amended by adding the
following proviso immediately prior to the semicolon at the end thereof:
"; provided, however, that this subsection 8.14 will no longer apply
after a Permitted Holdings Merger."
5 First Amendment to Second Amended and
Restated Credit Agreement
SECTION 2. CONDITIONS TO EFFECTIVENESS
Section 1 of this Amendment shall become effective only upon the
satisfaction of the following conditions precedent (the date such conditions are
fulfilled is hereafter referred to as the "FIRST AMENDMENT EFFECTIVE DATE"):
A. AMENDMENT. Administrative Agent shall have executed this Amendment
and received a counterpart of this Amendment that bears the signature of
Company, Holdings, each of the Lenders with Term Loan Exposure, Requisite
Lenders and each of the other Credit Support Parties.
B. FEES AND EXPENSES. Company shall have paid all fees and expenses due
in connection with this Amendment and that certain engagement letter (the
"ENGAGEMENT LETTER") between Company and Credit Suisse Securities (USA) LLC.
SECTION 3. REPRESENTATIONS AND WARRANTIES
In order to induce Lenders and Administrative Agent to enter into this
Amendment and to amend the Credit Agreement in the manner provided herein,
Company and Holdings each represents and warrants to each Lender and
Administrative Agent that the following statements are true, correct and
complete as of the First Amendment Effective Date:
A. CORPORATE POWER AND AUTHORITY. Each of Company and Holdings has all
requisite corporate power and authority to enter into this Amendment and to
carry out the transactions contemplated by, and perform its obligations under,
the Credit Agreement as amended by this Amendment (the "AMENDED AGREEMENT").
B. AUTHORIZATION OF AGREEMENTS. The execution and delivery of this
Amendment and the performance of the Amended Agreement have been duly authorized
by all necessary corporate action on the part of each of Company and Holdings.
C. NO CONFLICT. The execution and delivery by Company and Holdings of
this Amendment and the performance by Company and Holdings of the Amended
Agreement do not and will not (i) violate any provision of any law or any
governmental rule or regulation applicable to Holdings, Company or any of their
Subsidiaries, the Organizational Documents of Holdings, Company or any of their
Subsidiaries or any order, judgment or decree of any court or other agency of
government binding on Holdings, Company or any of their Subsidiaries, (ii)
conflict with, result in a breach of or constitute (with due notice or lapse of
time or both) a default under any Contractual Obligation of Holdings, Company or
any of their Subsidiaries, (iii) result in or require the creation or imposition
of any Lien upon any of the properties or assets of Holdings, Company or any of
their Subsidiaries (other than Liens created under any of the Loan Documents in
favor of Administrative Agent on behalf of Lenders and other Liens permitted
under the Amended Agreement), or (iv) require any approval of stockholders or
any approval or consent of any Person under any Contractual Obligation of
Holdings, Company or any of their Subsidiaries which have not been obtained,
except for such violations, conflicts, breaches, defaults or failures to obtain
approvals or consents which could not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect.
6 First Amendment to Second Amended and
Restated Credit Agreement
D. GOVERNMENTAL CONSENTS. The execution and delivery by Holdings and
Company of this Amendment and the performance by Holdings and Company of the
Amended Agreement do not and will not require any registration with, consent or
approval of, or notice to, or other action to, with or by, any federal, state or
other Governmental Authority or regulatory body which have not been obtained,
given or taken, or which will not be obtained, given or taken as and when
required, except for registrations, consents, approvals, notices and other
actions the failure to obtain or take have not and could not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect.
E. BINDING OBLIGATION. This Amendment has been duly executed and
delivered by Company and Holdings and this Amendment and the Amended Agreement
are the legally valid and binding obligations of Company and Holdings,
enforceable against Company and Holdings in accordance with their respective
terms, except as may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors' rights generally
or by equitable principles relating to enforceability.
F. INCORPORATION OF REPRESENTATIONS AND WARRANTIES FROM CREDIT
AGREEMENT. The representations and warranties contained in Section 5 of the
Amended Agreement are and will be true, correct and complete in all material
respects on and as of the date hereof and the First Amendment Effective Date to
the same extent as though made on and as of such dates, except to the extent
such representations and warranties specifically relate to an earlier date, in
which case they were true, correct and complete in all material respects on and
as of such earlier date.
G. ABSENCE OF DEFAULT. No event has occurred and is continuing or will
result from the consummation of the transactions contemplated by this Amendment
that would constitute an Event of Default or a Potential Event of Default.
SECTION 4. ACKNOWLEDGEMENT AND CONSENT
Each Subsidiary Guarantor (each individually a "CREDIT SUPPORT PARTY"
and collectively, the "CREDIT SUPPORT PARTIES") has read this Amendment and
consents to the terms hereof and further hereby confirms and agrees that,
notwithstanding the effectiveness of this Amendment, the obligations of such
Credit Support Party under, and the Liens granted by such Credit Support Party
as collateral security for the indebtedness, obligations and liabilities
evidenced by the Credit Agreement and the other Loan Documents pursuant to, each
of the Loan Documents to which such Credit Support Party is a party shall not be
impaired and each of the Loan Documents to which such Credit Support Party is a
party is, and shall continue to be, in full force and effect and is hereby
confirmed and ratified in all respects.
Each Credit Support Party acknowledges and agrees that (i)
notwithstanding the conditions to effectiveness set forth in this Amendment,
such Credit Support Party is not required by the terms of the Credit Agreement
or any other Loan Document to consent to the amendments to the Credit Agreement
effected pursuant to this Amendment and (ii) nothing in the Credit Agreement,
this Amendment or any other Loan Document shall be deemed to require the consent
of such Credit Support Party to any future amendments to the Credit Agreement.
7 First Amendment to Second Amended and
Restated Credit Agreement
SECTION 5. MISCELLANEOUS
A. REFERENCE TO AND EFFECT ON THE ORIGINAL CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS.
(i) On and after the First Amendment Effective Date, each
reference in the Loan Documents to the "Credit Agreement,"
"thereunder," "thereof" or words of like import referring to the Credit
Agreement shall mean and be a reference to the Amended Agreement.
(ii) Except as specifically amended by this Amendment, all
Loan Documents shall remain in full force and effect and are hereby
ratified and confirmed.
(iii) The execution, delivery and performance of this
Amendment shall not, except as expressly provided herein, constitute a
waiver of any provision of, or operate as a waiver of any right, power
or remedy of Administrative Agent or any Lender under any of the Loan
Documents.
B. HEADINGS. Section and subsection headings in this Amendment are
included herein for convenience of reference only and shall not constitute a
part of this Amendment for any other purpose or be given any substantive effect.
C. APPLICABLE LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF
NEW YORK (INCLUDING WITHOUT
LIMITATION SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF
NEW
YORK).
D. COUNTERPARTS; EFFECTIVENESS. This Amendment may be executed in any
number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed and delivered shall be deemed an original, but
all such counterparts together shall constitute but one and the same instrument;
signature pages may be detached from multiple separate counterparts and attached
to a single counterpart so that all signature pages are physically attached to
the same document.
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8 First Amendment to Second Amended and
Restated Credit Agreement
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed and delivered by their respective officers thereunto duly authorized as
of the date first written above.
COMPANY:
SKILLED HEALTHCARE GROUP, INC.
By: /s/ Xxxxxx Xxxx
Name: Xxxxxx Xxxx
Title: CAO/Secretary
HOLDINGS: SHG HOLDING SOLUTIONS, INC.
By: /s/ Xxxxxx Xxxx
Name: Xxxxxx Xxxx
Title: CAO/Secretary
S-1 First Amendment to Second Amended and
Restated Credit Agreement
ADMINISTRATIVE AGENT: CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as
Administrative Agent
By: /s/ Xxxxx Xxxx
---------------------------
Name: XXXXX XXXX
Title: VICE PRESIDENT
By: /s/ Xxxxx Xxxxx
---------------------------
Name: XXXXX XXXXX
Title: ASSOCIATE
S-2 First Amendment to Second Amended and
Restated Credit Agreement
CREDIT SUPPORT PARTIES:
ALEXANDRIA CARE CENTER, LLC,
a Delaware limited liability company
ALTA CARE CENTER, LLC DBA ALTA GARDENS CARE
CENTER,
a Delaware limited liability company
ANAHEIM TERRACE CARE CENTER, LLC,
a Delaware limited liability company
XXXXXXX HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
BAY CREST CARE CENTER, LLC,
a Delaware limited liability company
BRIARCLIFF NURSING AND REHABILITATION CENTER GP,
LLC,
a Delaware limited liability company
BRIARCLIFF NURSING AND REHABILITATION CENTER,
LP,
a Delaware limited partnership
By: Briarcliff Nursing and Rehabilitation
Center GP, LLC,
its General Partner
BRIER OAK ON SUNSET, LLC,
a Delaware limited liability company
CAREHOUSE HEALTHCARE CENTER, LLC,
a Delaware limited liability company
CARMEL HILLS HEALTHCARE AND REHABILITATION
CENTER, LLC,
a Delaware limited liability company
XXXXXX SENIOR ASSISTED LIVING, LLC,
a Delaware limited liability company
S-3 First Amendment to Second Amended and
Restated Credit Agreement
XXXXXXXXX XXXXXXXX GP, LLC,
a Delaware limited liability company
XXXXXXXXX XXXXXXXX, LP,
a Delaware limited partnership
By: Xxxxxxxxx Xxxxxxxx GP, LLC,
its General Partner
XXXXXXXXX LONGVIEW GP, LLC,
a Delaware limited liability company
XXXXXXXXX LONGVIEW, LP,
a Delaware limited partnership
By: Xxxxxxxxx Longview GP, LLC,
its General Partner
COLONIAL NEW BRAUNFELS CARE CENTER, LP DBA
COLONIAL MANOR CARE CENTER,
a Delaware limited partnership
By: Colonial New Braunfels GP, LLC,
its General Partner
COLONIAL NEW BRAUNFELS GP, LLC,
a Delaware limited liability company
COLONIAL TYLER CARE CENTER, LP,
a Delaware limited partnership
By: Colonial Xxxxx XX, LLC,
its General Partner
COLONIAL XXXXX XX, LLC,
a Delaware limited liability company
COMANCHE NURSING CENTER GP, LLC,
a Delaware limited liability company
COMANCHE NURSING CENTER, LP DBA COMANCHE TRAIL
NURSING CENTER,
a Delaware limited partnership
By: Comanche Nursing Center GP, LLC,
its General Partner
S-4 First Amendment to Second Amended and
Restated Credit Agreement
CORONADO NURSING CENTER GP, LLC,
a Delaware limited liability company
CORONADO NURSING CENTER, LP,
a Delaware limited partnership
By: Coronado Nursing Center GP, LLC,
its General Partner
DEVONSHIRE CARE CENTER, LLC,
a Delaware limited liability company
EAST WALNUT PROPERTY, LLC,
a Delaware limited liability company
ELMCREST CARE CENTER, LLC,
a Delaware limited liability company
EUREKA HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
FLATONIA OAK MANOR GP, LLC,
a Delaware limited liability company
FLATONIA OAK MANOR, LP
DBA OAK MANOR NURSING CENTER,
a Delaware limited partnership
By: Flatonia Oak Manor GP, LLC,
its General Partner
FOUNTAIN CARE CENTER, LLC,
a Delaware limited liability company
FOUNTAIN SENIOR ASSISTED LIVING, LLC,
a Delaware limited liability company
FOUNTAIN VIEW SUBACUTE AND NURSING CENTER, LLC,
a Delaware limited liability company
XXXX XXXXXXX PROPERTY, LLC,
a Delaware limited liability company
S-4 First Amendment to Second Amended and
Restated Credit Agreement
GRANADA HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
XXXXXXXXX VALLEY NURSING CENTER GP, LLC,
a Delaware limited liability company
XXXXXXXXX VALLEY NURSING CENTER, LP,
a Delaware limited partnership
By: Xxxxxxxxx Valley Nursing Center GP,
LLC, its General Partner
HALLETTSVILLE REHABILITATION AND NURSING CENTER,
LP,
a Delaware limited partnership
By: Hallettsville Rehabilitation GP, LLC,
its General Partner
HALLETTSVILLE REHABILITATION GP, LLC,
a Delaware limited liability company
HALLMARK INVESTMENT GROUP, INC.,
a Delaware corporation
HALLMARK REHABILITATION GP, LLC,
a Delaware limited liability company
HALLMARK REHABILITATION, LP,
a Delaware limited partnership
By: Hallmark Rehabilitation GP, LLC,
its General Partner
XXXXXXX PARK REHABILITATION CENTER, LLC,
a Delaware limited liability company
XXXXXXX PARK SENIOR ASSISTED LIVING, LLC,
a Delaware limited liability company
S-6 First Amendment to Second Amended and
Restated Credit Agreement
HEMET SENIOR ASSISTED LIVING, LLC,
a Delaware limited liability company
HIGHLAND HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
HOLMESDALE HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
HOLMESDALE PROPERTY, LLC,
a Delaware limited liability company
HOSPICE CARE INVESTMENTS, LLC,
a Delaware limited liability company
HOSPICE CARE OF THE WEST, LLC,
a Delaware limited liability company
HOSPICE OF THE WEST, LP,
a Delaware limited partnership
By: Hospice Care of the West, LLC,
its General Partner
HOSPITALITY NURSING AND REHABILITATION CENTER,
LP DBA LUBBOCK HOSPITALITY HOUSE NURSING AND
REHABILITATION CENTER,
a Delaware limited partnership
By: Hospitality Nursing GP, LLC,
its General Partner
HOSPITALITY NURSING GP, LLC,
a Delaware limited liability company
LEASEHOLD RESOURCE GROUP, LLC,
a Delaware limited liability company
LIBERTY TERRACE HEALTHCARE AND REHABILITATION
CENTER, LLC,
a Delaware limited liability company
S-7 First Amendment to Second Amended and
Restated Credit Agreement
LIVE OAK NURSING CENTER GP, LLC,
a Delaware limited liability company
LIVE OAK NURSING CENTER, LP,
a Delaware limited partnership
By: Live Oak Nursing Center GP, LLC,
its General Partner
LOUISBURG HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
MONTEBELLO CARE CENTER, LLC,
a Delaware limited liability company
MONUMENT REHABILITATION AND NURSING CENTER, LP
DBA MONUMENT HILL REHABILITATION AND NURSING
CENTER,
a Delaware limited partnership
By: Monument Rehabilitation GP, LLC,
its General Partner
MONUMENT REHABILITATION GP, LLC,
a Delaware limited liability company
OAK CREST NURSING CENTER GP, LLC,
a Delaware limited liability company
OAK CREST NURSING CENTER, LP,
a Delaware limited partnership
By: Oak Crest Nursing Center GP, LLC,
its General Partner
OAKLAND MANOR NURSING CENTER, LP,
a Delaware limited partnership
By: Oakland Manor GP, LLC,
its General Partner
OAKLAND MANOR GP, LLC,
a Delaware limited liability company
S-8 First Amendment to Second Amended and
Restated Credit Agreement
PACIFIC HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
PREFERRED DESIGN, LLC,
a Delaware limited liability company
RICHMOND HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
RIO HONDO SUBACUTE AND NURSING CENTER, LLC,
a Delaware limited liability company
ROSSVILLE HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
ROYALWOOD CARE CENTER, LLC,
a Delaware limited liability company
SEAVIEW HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
XXXXXX CARE CENTER, LLC,
a Delaware limited liability company
SHAWNEE GARDENS HEALTHCARE AND REHABILITATION
CENTER, LLC,
a Delaware limited liability company
SHG PROJECT DALLAS, LLC,
a Delaware limited liability company
SHG RESOURCES, LP,
a Delaware limited partnership
By: Leasehold Resource Group, LLC,
its General Partner
SKILLED HEALTHCARE, LLC,
a Delaware limited liability company
SOUTH XXXXX PROPERTY, LLC,
a Delaware limited liability company
S-9 First Amendment to Second Amended and
Restated Credit Agreement
SOUTHWEST PAYROLL SERVICES, LLC,
a Delaware limited liability company
SOUTHWOOD CARE CENTER GP, LLC,
a Delaware limited liability company
SOUTHWOOD CARE CENTER, LP,
a Delaware limited partnership
By: Southwood Care Center GP, LLC,
its General Partner
SPRING SENIOR ASSISTED LIVING, LLC,
a Delaware limited liability company
ST. XXXXXXXXX HEALTHCARE AND REHABILITATION
CENTER, LLC,
a Delaware limited liability company
ST. XXXXXX TRANSITIONAL REHABILITATION CENTER,
LLC,
a Delaware limited liability company
ST. LUKE HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
SUMMIT CARE CORPORATION,
a Delaware corporation
SUMMIT CARE PHARMACY, INC. DBA SKILLED CARE
PHARMACY,
a Delaware corporation
SYCAMORE PARK CARE CENTER, LLC,
a Delaware limited liability company
TEXAS CITYVIEW CARE CENTER GP, LLC,
a Delaware limited liability company
TEXAS CITYVIEW CARE CENTER, LP DBA CITYVIEW CARE
CENTER,
a Delaware limited partnership
By: Texas Cityview Care Center GP, LLC,
its General Partner
S-10 First Amendment to Second Amended and
Restated Credit Agreement
TEXAS HERITAGE OAKS NURSING AND REHABILITATION
CENTER GP, LLC,
a Delaware limited liability company
TEXAS HERITAGE OAKS NURSING AND REHABILITATION
CENTER, LP DBA HERITAGE OAKS NURSING AND
REHABILITATION CENTER,
a Delaware limited partnership
By: Texas Heritage Oaks Nursing and
Rehabilitation
Center GP, LLC,
its General Partner
THE XXXXXXXXX XXXXX GP, LLC,
a Delaware limited liability company
THE XXXXXXXXX XXXXX, LP,
a Delaware limited partnership
By: The Xxxxxxxxx Xxxxx GP, LLC,
its General Partner
THE EARLWOOD, LLC,
a Delaware limited liability company
THE HEIGHTS OF XXXXXXXXX, LLC,
a Delaware limited liability company
THE REHABILITATION CENTER OF INDEPENDENCE, LLC,
a Delaware limited liability company
THE WOODLANDS HEALTHCARE CENTER, LP,
a Delaware limited partnership
By: The Woodlands Healthcare Center GP, LLC,
its General Partner
THE WOODLANDS HEALTHCARE CENTER GP, LLC,
a Delaware limited liability company
TOWN AND COUNTRY MANOR GP, LLC,
a Delaware limited liability company
S-11 First Amendment to Second Amended and
Restated Credit Agreement
TOWN AND COUNTRY MANOR, LP,
a Delaware limited partnership
By: Town and Country Manor GP, LLC,
its General Partner
TRAVELMARK STAFFING, LLC,
a Delaware limited liability company
TRAVELMARK STAFFING, LP,
a Delaware limited partnership
By: Travelmark Staffing, LLC,
its General Partner
VALLEY REALTHCARE CENTER, LLC,
a Delaware limited liability company
XXXXX XXXXX HEALTHCARE CENTER,
LLC DBA XXXXX XXXXX CARE CENTER,
a Delaware limited liability company
VINTAGE PARK AT XXXXXXXX, LLC,
a Delaware limited liability company
VINTAGE PARK AT XXXXXXX CITY, LLC,
a Delaware limited liability company
VINTAGE PARK AT XXXXXXX, LLC,
a Delaware limited liability company
VINTAGE PARK AT LENEXA, LLC,
a Delaware limited liability company
VINTAGE PARK AT LOUISBURG, LLC,
a Delaware limited liability company
VINTAGE PARK AT OSAWATOMIE, LLC,
a Delaware limited liability company
VINTAGE PARK AT OTTAWA, LLC,
a Delaware limited liability company
VINTAGE PARK AT PAOLA, LLC,
a Delaware limited liability company
VINTAGE PARK AT XXXXXXX, LLC,
a Delaware limited liability company
S-12 First Amendment to Second Amended and
Restated Credit Agreement
WATHENA HEALTHCARE AND REHABILITATION CENTER,
LLC,
a Delaware limited liability company
WEST SIDE CAMPUS OF CARE GP, LLC,
a Delaware limited liability company
WEST SIDE CAMPUS OF CARE, LP,
a Delaware limited partnership
By: West Side Campus of Care GP, LLC,
its General Partner
WILLOW CREEK HEALTHCARE CENTER, LLC,
a Delaware limited liability company
WOODLAND CARE CENTER, LLC,
a Delaware limited liability company
By: /s/ Xxxxxx Xxxx
------------------------------------------
on behalf of each of the entities listed
above
Name: Xxxxxx X. Xxxx
Title: Secretary and Chief Administrative
Officer
S-13 First Amendment to Second Amended and
Restated Credit Agreement
