CREDIT AND SECURITY AGREEMENT dated as of January 27, 2022 by and among FSQ THE PALMS AT FORT MYERS LLC, FSQ VILLA AT RIVERWOOD LLC, FIVE STAR QUALITY CARE-NJ, LLC, FIVE STAR QUALITY CARE – OBX OWNER, LLC, FIVE STAR QUALITY CARE – OBX OPERATOR, LLC,...Credit and Security Agreement • January 31st, 2022 • AlerisLife Inc. • Services-skilled nursing care facilities • Maryland
THIS CREDIT AND SECURITY AGREEMENT (as the same may be amended, supplemented, restated or otherwise modified from time to time, the “Agreement”) is dated as of January 27, 2022 by and among FSQ THE PALMS AT FORT MYERS LLC, a Maryland limited liability company, FSQ VILLA AT RIVERWOOD LLC, a Maryland limited liability company, FIVE STAR QUALITY CARE-NJ, LLC, a Maryland limited liability company, FIVE STAR QUALITY CARE – OBX OWNER, LLC, a Maryland limited liability company, FIVE STAR QUALITY CARE – OBX OPERATOR, LLC, a Maryland limited liability company, FIVE STAR COVINGTON LLC, a Delaware limited liability company, MORNINGSIDE OF CONCORD, LLC, a Delaware limited liability company, MORNINGSIDE OF GREENSBORO, LLC, a Delaware limited liability company, MORNINGSIDE OF ALABAMA, L.P., a Delaware limited partnership, MORNINGSIDE OF SPRINGFIELD, LLC, a Delaware limited liability company, MORNINGSIDE OF DECATUR, L.P., a Delaware limited partnership and any additional borrower that may hereafter b
GUARANTY and security agreementGuaranty and Security Agreement • January 31st, 2022 • AlerisLife Inc. • Services-skilled nursing care facilities • Maryland
THIS GUARANTY AND SECURITY AGREEMENT (this “Guaranty”) made as of January 27, 2022, by ALERISLIFE INC., a Maryland corporation (f/k/a Five Star Senior Living Inc.) (“AlerisLife”) and FIVE STAR SENIOR REHABILITATION AND WELLNESS SERVICES, LLC, a Maryland limited liability company doing business as Ageility Physical Therapy Solutions (“Five Star Rehab”; together with AlerisLife, individually and collectively, “Guarantor”), to and for the benefit of MIDCAP FUNDING VIII TRUST, a Delaware statutory trust, having an address at c/o MidCap Financial Services, LLC, as servicer, 7255 Woodmont Avenue, Suite 300, Bethesda, Maryland 20814, its successors and assigns, as agent (and in such capacity, together with its successors and assigns, “Agent”) for the financial institutions from time to time party to the Credit Agreement referred to below (“Lenders”).
