1 EXHIBIT 10.11 FORM OF HCRI MANAGEMENT AGREEMENT THIS AGREEMENT ("AGREEMENT") is made as of the Documentation Date between Balanced Care at [__________], Inc., a Delaware corporation (the "MANAGEMENT FIRM") and Financial Care Investors of...Management Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
BETWEENLoan Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
BETWEENLease Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
2 3 equal to the Shortfall in a timely fashion so that the Lessee is able to meet all of its working capital obligations (including, without limitation, all Lease Obligations and all Senior Loan Obligations) when due. Without limiting the generality...Working Capital Assurance Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
WITNESSETHShortfall Funding Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
RECITALS:Pre-Development Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities • Delaware
2 3 Pennsylvania as shall be designated by BCC upon three (3) days prior written notice to Optionor (the "CLOSING DATE"). At the Closing (i) BCC shall deliver the Purchase Price and (ii) Optionor shall deliver to BCC (A) the certificates representing...Option Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
RECITALS:Construction Disbursing Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities
2- 3 6. UNENFORCEABILITY OF GUARANTIED OBLIGATIONS; INVALIDITY OF SECURITY OR OTHER GUARANTIES. The obligations of the Guarantor hereunder shall not be affected by reason of any disability of the Tenant or FCI, or by any other circumstance (other than...Guaranty Agreement • November 16th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities • Pennsylvania
