125,000,000 CREDIT AGREEMENT DATED AS OF FEBRUARY 18, 2011 AMONG ASSISTED LIVING CONCEPTS, INC., AS BORROWER, COMPASS BANK, FIRSTMERIT BANK, N.A., AND HARRIS N.A., AS DOCUMENTATION AGENTS, THE LENDERS AND L/C ISSUERS PARTY HERETO, andCredit Agreement • February 22nd, 2011 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Wisconsin
This CREDIT AGREEMENT, dated as of February 18, 2011, is entered into among ASSISTED LIVING CONCEPTS, INC., a Nevada corporation (the “Borrower”), the Lenders (as defined below), the L/C Issuers (as defined below) and U.S. BANK NATIONAL ASSOCIATION (“U.S. Bank”), as administrative agent and collateral agent for the Lenders and the L/C Issuers (in such capacity, and together with its successors and permitted assigns, the “Administrative Agent”).
GUARANTY AND SECURITY AGREEMENT Dated as of February 18, 2011 among ASSISTED LIVING CONCEPTS, INC. and ALC REAL ESTATE, LLC, ALC PROPERTIES II, INC., and TEXAS ALC II, INC. AND EACH OTHER GRANTOR FROM TIME TO TIME PARTY HERETO and U.S. BANK NATIONAL...Guaranty and Security Agreement • February 22nd, 2011 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Wisconsin
THIS GUARANTY AND SECURITY AGREEMENT, dated as of February 18, 2011, by ASSISTED LIVING CONCEPTS, INC., a Nevada corporation (the “Borrower”), ALC REAL ESTATE, LLC, a Wisconsin limited liability company, TEXAS ALC II, INC., a Nevada corporation, ALC PROPERTIES II, INC., a Nevada corporation, and each of the other entities listed on the signature pages hereof or that becomes a party hereto pursuant to Section 8.6 (together with the Borrower, the “Grantors”), in favor of U.S. Bank National Association (“U.S. Bank”), as administrative agent and collateral agent (in such capacity, together with its successors and permitted assigns, the “Administrative Agent”) for the Lenders and the L/C Issuers and each other Secured Party (each as defined in the Credit Agreement referred to below).
