FORBEARANCE AGREEMENTForbearance Agreement • November 29th, 2024 • Regional Health Properties, Inc • Lessors of real property, nec • Georgia
THIS FORBEARANCE AGREEMENT (this “Agreement”), dated as of November 22, 2024, is made by and among Erin Property Holdings, LLC, a Georgia limited liability company (“Borrower”), ERIN NURSING, LLC, a Georgia limited liability company (“Erin Nursing”), and REGIONAL HEALTH PROPERTIES, INC. as successor by merger to AdCare Health Systems, Inc., a Georgia corporation (“RHP”) (together with Erin Nursing, “Guarantors”) (Guarantors together with Borrower, the “Loan Parties”), and CADENCE BANK, a Mississippi bank, as successor by name change to BancorpSouth Bank, as successor by merger to Cadence Bank, N.A., as successor by merger to State Bank and Trust Company, as successor by merger to Bank of Atlanta (“Lender”).
FORBEARANCE AGREEMENTForbearance Agreement • November 29th, 2024 • Regional Health Properties, Inc • Lessors of real property, nec • Georgia
THIS FORBEARANCE AGREEMENT (this “Agreement”), dated as of November 22, 2024, is made by and among ERIN PROPERTY HOLDINGS, LLC, a Georgia limited liability company (“Borrower”), ERIN NURSING, LLC, a Georgia limited liability company (“Erin Nursing”), and REGIONAL HEALTH PROPERTIES, INC. AS SUCCESSOR BY MERGER TO ADCARE
