CREDIT AGREEMENT Dated as of August 18, 2014 amongCredit Agreement • August 20th, 2014 • Griffin-American Healthcare REIT III, Inc. • Real estate investment trusts • New York
This CREDIT AGREEMENT (as amended, modified, restated or supplemented from time to time, this “Credit Agreement” or this “Agreement”) is entered into as of August 18, 2014 by and among GRIFFIN-AMERICAN HEALTHCARE REIT III HOLDINGS, LP, a Delaware limited partnership (the “Borrower”), GRIFFIN-AMERICAN HEALTHCARE REIT III, INC., a Maryland corporation (the “Parent”) and certain subsidiaries of the Parent identified herein, as Guarantors, the Lenders (as defined herein), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer (each, as defined herein).
PLEDGE AGREEMENTPledge Agreement • August 20th, 2014 • Griffin-American Healthcare REIT III, Inc. • Real estate investment trusts • New York
THIS PLEDGE AGREEMENT (this “Agreement”) is entered into as of August 18, 2014, between Griffin-American Healthcare REIT III Holdings, LP, a Delaware limited partnership (“Pledgor”), and Bank of America, N.A., in its capacity as administrative agent (in such capacity, the “Administrative Agent”), for the holders of the Secured Obligations (defined below).
REVOLVING NOTERevolving Note • August 20th, 2014 • Griffin-American Healthcare REIT III, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to BANK OF AMERICA, N.A. or its registered assigns (the “Lender”), in accordance with the terms and conditions of the Credit Agreement (as hereinafter defined), the principal amount of each Revolving Loan from time to time made by the Lender to the Borrower under that certain Credit Agreement (as amended, restated, extended, supplemented, increased or otherwise modified in writing from time to time, the “Credit Agreement”), dated as of August 18, 2014 by and among the Borrower, the Guarantors, the Lenders identified therein and Bank of America, N.A., as Administrative Agent. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement.
