SUBORDINATION OF MANAGEMENT AGREEMENTSubordination of Management Agreement • March 27th, 2013 • CNL Healthcare Properties, Inc. • Real estate investment trusts • Florida
This SUBORDINATION OF MANAGEMENT AGREEMENT (this “Agreement”), is made as of the 29th day of August, 2012, by and among HARBOR VILLAGES MANAGEMENT, LLC, a Florida limited liability company (“Manager”), CHT HARBORCHASE TRS TENANT CORP., a Delaware corporation (“Borrower”), and SYNOVUS BANK, a Georgia state banking corporation (together with its successors and assigns, “Lender”).
