ASSET PURCHASE AGREEMENTAsset Purchase Agreement • May 8th, 2014 • Diversicare Healthcare Services, Inc. • Services-skilled nursing care facilities • West Virginia
THIS ASSET PURCHASE AGREEMENT (“Agreement”), is made effective as of April 3, 2014, by and between DIVERSICARE ROSE TERRACE, LLC, a Delaware limited liability company (“Seller”), and ROSE TERRACE ACQ., LLC, a West Virginia limited liability company (“Buyer”).
TERM LOAN AND SECURITY AGREEMENT dated as of March 21, 2014, with an Effective Date of March 27, 2014 by and between DIVERSICARE ROSE TERRACE, LLC, as Borrower and THE PRIVATEBANK AND TRUST COMPANY, as LenderTerm Loan and Security Agreement • May 8th, 2014 • Diversicare Healthcare Services, Inc. • Services-skilled nursing care facilities • Illinois
This TERM LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of March 21, 2014, with an effective date of March 27, 2014, is by and between DIVERSICARE ROSE TERRACE, LLC, a Delaware limited liability company (“Borrower”), and THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (“Lender”).
SECOND AMENDMENT AND CONSENT TO AMENDED AND RESTATED REVOLVING LOAN AND SECURITY AGREEMENTRevolving Loan and Security Agreement • May 8th, 2014 • Diversicare Healthcare Services, Inc. • Services-skilled nursing care facilities • Illinois
THIS SECOND AMENDMENT AND CONSENT TO AMENDED AND RESTATED REVOLVING LOAN AND SECURITY AGREEMENT (this “Amendment”) dated as of March 31, 2014 is by and among THE PRIVATEBANK AND TRUST COMPANY, an Illinois banking corporation (together with its successors and assigns, “Administrative Agent”) in its capacity as administrative agent for the Lenders (as defined below), the Lenders, DIVERSICARE MANAGEMENT SERVICES CO., a Tennessee corporation, and certain of its affiliates parties hereto identified on the signature pages as “Original Borrower” (individually and collectively, “Original Borrower”), and DIVERSICARE OF BIG SPRINGS, LLC, a Delaware limited liability company (“New Borrower”). New Borrower and Original Borrower are hereinafter referred to individually and collectively as, “Borrower”.
