I. ASSIGNMENT ---------- ALS hereby assigns, transfers and conveys to Emeritus XVI, and Emeritus XVI hereby takes and assumes from ALS, all of ALS's right, title and interest in and to the Original Lease, free and clear of all liens and encumbrances...Lease Agreement • January 14th, 2004 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE ------------------------------------------------- THIS UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCE (this "Guaranty") is -------- made as of the 31st day of December, 2003, and is effective as of...Unconditional Guaranty of Payment and Performance • January 14th, 2004 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Kansas
C. Each of the Properties is leased by Alterra from Seller pursuant to those certain Leases identified on Exhibit B (collectively, the "Leases"). ---------- Seller is a subsidiary of Alterra. Hereinafter, Seller and Alterra may be individually...Conveyance and Operations Transfer Agreement • January 14th, 2004 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Washington
