ContractGuaranty Agreement • May 15th, 2003 • Alterra Healthcare Corp • Services-social services • Maryland
GUARANTY AGREEMENT (Landlord Guaranty) THIS GUARANTY AGREEMENT (this “Agreement”) is made and given as of February 28, 2003 by ALTERRA HEALTHCARE CORPORATION, a Delaware corporation (the "Guarantor"), for the benefit of SNH ALT LEASED PROPERTIES TRUST, a Maryland real estate investment trust (together with its successors and assigns, the “Landlord”). W I T N E S S E T H : WHEREAS, pursuant to a Purchase and Sale Agreement, dated as of the date hereof (as amended from time to time, the “Purchase Agreement”), among ALS-Venture II, Inc. and Wynwood of Chapel Hill, LLC (collectively, the “Sellers”) and the Landlord, the Sellers have agreed to sell to the Landlord, and the Landlord has agreed to purchase from the Sellers, certain real property, together with related improvements and certain personal property, as more particularly described in the Purchase Agreement; and WHEREAS, pursuant to a Lease Agreement, dated as of the date hereof (as amended fro m time to time, the “Leas
