EQUITY COMMITMENT AGREEMENT BY AND AMONG SONIDA SENIOR LIVING INC., CONVERSANT DALLAS PARKWAY (A) LP AND CONVERSANT DALLAS PARKWAY (B) LP DATED AS OF JUNE 29, 2023Equity Commitment Agreement • July 5th, 2023 • Sonida Senior Living, Inc. • Services-nursing & personal care facilities • Delaware
EQUITY COMMITMENT AGREEMENT (this “Agreement”), dated as of June 29, 2023 (“Effective Date”), by and among Sonida Senior Living, Inc., a Delaware corporation (the “Company”), Conversant Dallas Parkway (A) LP, a Delaware limited partnership (“Investor A”) and Conversant Dallas Parkway (B) LP, a Delaware limited partnership (“Investor B”, and together with Investor A, “Investors”). Capitalized terms used in this Agreement have the meaning set forth in Section 6.1, unless defined elsewhere herein.
SECOND AMENDED AND RESTATED LIMITED PAYMENT GUARANTYLimited Payment Guaranty • July 5th, 2023 • Sonida Senior Living, Inc. • Services-nursing & personal care facilities • New York
THIS SECOND AMENDED AND RESTATED LIMITED PAYMENT GUARANTY (this “Guaranty”) is made as of June 29, 2023, by SONIDA SENIOR LIVING, INC., a Delaware corporation (“Guarantor”), in favor of ALLY BANK, a Utah state chartered bank, in its capacity as administrative agent (together with its successors and assigns, “Administrative Agent”) for itself and the Lenders (as defined below).
FORBEARANCE AGREEMENTForbearance Agreement • July 5th, 2023 • Sonida Senior Living, Inc. • Services-nursing & personal care facilities
THIS FORBEARANCE AGREEMENT (this “Agreement”) is effective as of the 1st day of June, 2023, by and among the entities listed on Schedule 1-A hereto (each a “Borrower” and collectively, the “Borrowers”), the entities listed on Schedule 1-B hereto (each a “Guarantor” and collectively, the “Guarantors”), and FANNIE MAE, a corporation organized and existing under the laws of the United States of America.
SECOND AMENDMENT TO AND WAIVER UNDER TERM LOAN AGREEMENTTerm Loan Agreement • July 5th, 2023 • Sonida Senior Living, Inc. • Services-nursing & personal care facilities
THIS SECOND AMENDMENT TO AND WAIVER UNDER TERM LOAN AGREEMENT (this “Agreement”) dated as of June 29, 2023, is made by and among each of the Persons signatory hereto and named on the signature page hereof as a Borrower (each an “Borrower” and, collectively, the “Borrowers”), SONIDA SENIOR LIVING, INC., a Delaware corporation (“Guarantor”), CAPITAL SENIOR LIVING PROPERTIES, INC., a Texas corporation, CAPITAL SENIOR LIVING PROPERTIES 4, INC., a Delaware corporation (each a “Pledgor” and collectively, the “Pledgors”, and together with Borrowers and Guarantor, each a “Loan Party” and collectively, the “Loan Parties”), the Lenders (as defined below) party hereto and ALLY BANK, a Utah state chartered bank (“Ally Bank”), in its capacity as Administrative Agent for Lenders (together with its successors and assigns, the “Administrative Agent”), and the Lenders signatory hereto.
