Master Lease Sample Contracts

CONSENT TO CHANGE OF CONTROL ---------------------------- AND THIRD AMENDMENT TO MASTER LEASE ----------------------------------- (PHASE III)
Master Lease • August 14th, 2006 • Brookdale Senior Living Inc. • Services-nursing & personal care facilities • California
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SECOND AMENDMENT TO AMENDED AND RESTATED MASTER LEASE
Master Lease • May 1st, 2023 • MGM Resorts International • Hotels & motels • New York

This AMENDED AND RESTATED MASTER LEASE (the “Master Lease”) is entered into as of the 29th day of April, 2022 (the “Commencement Date”), by and between MGP Lessor, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Landlord”), and MGM Lessee, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Tenant”).

MASTER LEASE BETWEEN
Master Lease • August 10th, 2005 • Brookdale Senior Living Inc.
THIRD AMENDMENT TO MASTER LEASE
Master Lease • May 11th, 2017 • Pinnacle Entertainment, Inc. • Hotels & motels • New York

THIS THIRD AMENDMENT TO MASTER LEASE (this “Amendment”) is made and effective as of March 24, 2017 (the “Effective Date”), by and between GOLD MERGER SUB, LLC, a Delaware limited liability company, having an office at c/o Gaming and Leisure Properties, Inc., 845 Berkshire Blvd., Suite 200, Wyomissing, Pennsylvania 19610, as landlord (together with its permitted successors and assigns, “Landlord”), and PINNACLE MLS, LLC, a Delaware limited liability company, having an office at 3980 Howard Hughes Parkway, Las Vegas, Nevada 89169, as tenant (together with its permitted successors and assigns, “Tenant”).

MASTER LEASE
Master Lease • September 22nd, 2017 • Cracker Barrel Old Country Store, Inc • Retail-eating places • New York

THIS MASTER LEASE (this "Lease") is made as of July 21, 2000 (the "Effective Date"), by and between COUNTRY STORES PROPERTY III, LLC, a Delaware limited liability company ("Lessor"), whose address is c/o U.S. Realty Advisors, LLC, 1370 Avenue of the Americas, New York, New York 10019, and CRACKER BARREL OLD COUNTRY STORE, INC., a Tennessee corporation ("Lessee"), whose address is P.O. Box 787, 305 Hartmann Drive, Lebanon, Tennessee 37088-0787.

MASTER LEASE #3
Master Lease • August 23rd, 2016 • 21st Century Oncology Holdings, Inc. • Services-offices & clinics of doctors of medicine

This Master Lease #3 (this “Master Lease”) is entered into as of May 3, 2010 (the “Effective Date”) between Theriac Enterprises of Pembroke Pines, LLC, a Florida limited liability company and its undersigned wholly-owned subsidiaries (collectively, “Landlord”), and each of the undersigned entities identified as “Tenant”, for the improvements thereon (collectively, the “Facilities”) set forth on Schedule 1 (the “Premises”), each used as a radiation or oncology related medical office building (individually as so utilized, as such utilization may be changed pursuant to Section 7.1(a), collectively, the “Business”). Pursuant to its concurrent Guaranty, Radiation Therapy Services, Inc., a Florida corporation (“Guarantor”) has guaranteed Tenant’s obligations hereunder. In consideration of the mutual covenants, conditions and agreements set forth herein, Landlord hereby leases the Premises to Tenant for the Term upon the terms and conditions provided below. Certain capitalized terms used in t

MASTER LEASE
Master Lease • October 1st, 2019 • Ensign Group, Inc • Services-skilled nursing care facilities • New York

THIS MASTER LEASE (this “Lease”) is entered into as of September 23, 2019, by and among each of the entities identified on Schedule 1 (collectively, “Landlord”), and each of the entities identified as “Tenant” on Schedule 2 (individually and collectively, “Tenant”). Notwithstanding anything in this Lease to the contrary, Landlord and Tenant hereby agree that this Lease shall not be effective until October 1, 2019.

MASTER LEASE by and between DOC-FSH SAN ANTONIO HOSPITAL, LLC, as Landlord and FOUNDATION SURGICAL HOSPITAL AFFILIATES, LLC, as Tenant. March 1, 2014
Master Lease • March 31st, 2014 • Foundation Healthcare, Inc. • Services-specialty outpatient facilities, nec • Texas

THIS MASTER LEASE (the “Lease”) dated as of March 1, 2014, by and between DOC-FSH SAN ANTONIO HOSPITAL, LLC, a Wisconsin limited liability company (“Landlord”), and FOUNDATION SURGICAL HOSPITAL AFFILIATES, LLC, a Nevada limited liability company (“Tenant”).

WESTERN MICHIGAN UNIVERSITY HOMER STRYKER M.D. SCHOOL OF MEDICINE (WMED) MASTER LEASE
Master Lease • December 28th, 2017 • Michigan

The following provisions are referred to in this Lease as the “Fundamental Lease Provisions.” Unless otherwise defined, capitalized terms used in this Lease shall have the meanings listed in these Fundamental Lease Provisions.

MASTER LEASE BETWEEN GAHC4 HOLLAND MI ALF, LLC, GAHC4 WYOMING MI ALF, LLC, GAHC4 RIVERSIDE GRAND RAPIDS MI ALF, LLC, GAHC4 LANSING MI ALF, LLC, and GAHC4 HOWELL MI ALF, LLC Collectively, as Landlord AND VISTA MICHIGAN OPERATIONS LLC, as Tenant
Master Lease • January 4th, 2019 • Griffin-American Healthcare REIT IV, Inc. • Real estate investment trusts

THIS MASTER LEASE (the “Lease”) is made as of the 28th day of December, 2018, (the “Effective Date”) between GAHC4 LANSING MI ALF, LLC (“Edgewood Landlord”), GAHC4 HOLLAND MI AFL, LLC (“Holland Meadows Landlord”), GAHC4 HOWELL MI ALF, LLC (“Howell Landlord”), GAHC4 RIVERSIDE GRAND RAPIDS MI ALF, LLC (“Riverside Gardens Landlord”), and GAHC4 WYOMING MI ALF, LLC (“Wyoming Landlord”) (each a Delaware limited liability company, individually and collectively, “Landlord”), and VISTA MICHIGAN OPERATIONS LLC, a Michigan limited liability company (“Tenant”).

FIRST AMENDMENT TO AMENDED AND RESTATED MASTER LEASE
Master Lease • December 19th, 2022 • MGM Resorts International • Hotels & motels • New York

This AMENDED AND RESTATED MASTER LEASE (the “Master Lease”) is entered into as of the 29th day of April, 2022 (the “Commencement Date”), by and between MGP Lessor, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Landlord”), and MGM Lessee, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Tenant”).

MASTER LEASE
Master Lease • June 16th, 2021 • Assisted 4 Living, Inc. • Services-home health care services • Maryland
THIS LEASE IS NOT TO BE RECORDED] MASTER LEASE by and among SERITAGE SRC FINANCE LLC and SERITAGE KMT FINANCE LLC, Landlord, and KMART OPERATIONS LLC and SEARS OPERATIONS LLC, Tenant
Master Lease • July 13th, 2015 • Sears Holdings Corp • Retail-department stores • New York

This MASTER LEASE (this “Master Lease”) is entered into as of July 7, 2015, by and among Seritage SRC Finance LLC and Seritage KMT Finance LLC (together with their successors and assigns, collectively, jointly and severally, “Landlord”), and Kmart Operations LLC (“Kmart Tenant”) and Sears Operations LLC (“Sears Tenant”) (together with their permitted successors and assigns, collectively, jointly and severally, “Tenant”).

MASTER LEASE
Master Lease • August 16th, 2001 • Uno Restaurant Corp • Retail-eating places • Illinois
SECOND AMENDMENT TO
Master Lease • April 11th, 2023 • New York

WHEREAS, the County has leased the Stadium Complex to the ECSC pursuant to that certain 2013 Master Lease dated as of May 6, 2013, as assigned pursuant to that certain Stadium Assignment and Assumption dated as of October 9, 2014 and as amended by that certain First Amendment to 2013 Master Lease dated as of April 7, 2017 (the “2013 Master Lease”);

FIFTH AMENDMENT TO MASTER LEASE
Master Lease • February 23rd, 2023 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York

THIS FIFTH AMENDMENT TO MASTER LEASE (this “Amendment”) is being entered into on this 14th day of January, 2022 (the “Effective Date”), by and between Gold Merger Sub, LLC (together with its permitted successors and assigns, “Landlord”) and Pinnacle MLS, LLC (together with its permitted successors and assigns, “Tenant”), and shall amend that certain Master Lease, dated April 28, 2016, as amended by that certain First Amendment to Master Lease, dated August 29, 2016, that certain Second Amendment to Master Lease, dated October 25, 2016, that certain Third Amendment to Master Lease, dated March 24, 2017, and that certain Fourth Amendment to Master Lease, dated October 15, 2018 (collectively with the foregoing, the “Master Lease”), by and among Landlord and Tenant, pursuant to which Tenant leases certain Leased Property, as further defined in the Master Lease. Capitalized terms used herein and not otherwise defined herein shall have the meaning ascribed to them in the Master Lease.

MASTER LEASE between NHI-REIT OF NEXT HOUSE, LLC, a Delaware limited liability company MYRTLE BEACH RETIREMENT RESIDENCE LLC, an Oregon limited liability company VOORHEES RETIREMENT RESIDENCE LLC an Oregon limited liability company individually and...
Master Lease • December 24th, 2013 • National Health Investors Inc • Real estate investment trusts • New York

THIS MASTER LEASE is executed this 23rd day of December, 2013 to become effective as of the Commencement Date (as hereinafter defined), by and between NH MASTER TENANT, LLC, a Delaware limited liability company, having its principal office at c/o Holiday Retirement, 5885 Meadows Rd., Suite 500, Lake Oswego, OR 97035, as Tenant (“Tenant”), and NHI-REIT OF NEXT HOUSE, LLC, a Delaware limited liability company, and MYRTLE BEACH RETIREMENT RESIDENCE LLC, an Oregon limited liability company, each having its principal office at 222 Robert Rose Drive, Murfreesboro, Tennessee 37129, as Landlord (individually and collectively, “Landlord”).

EIGHTH AMENDMENT TO MASTER LEASE
Master Lease • February 28th, 2019 • Penn National Gaming Inc • Hotels & motels • New York

THIS EIGHTH AMENDMENT TO MASTER LEASE (this “Amendment”) is being entered into as of the 20th day of November, 2018 (the "Effective Date"), by and between Landlord and Tenant, as more fully set forth herein, and shall amend that certain Master Lease, dated November 1, 2013, as amended to the date hereof (collectively, the “Master Lease”), by and among GLP Capital, L.P. (together with its permitted successors and assigns, “Landlord”) and Penn Tenant, LLC (together with its permitted successors and assigns, “Tenant”), pursuant to which Tenant leases certain Leased Property, as further defined in the Master Lease (the “Existing Leased Property”). Landlord and Tenant each desire to remove certain portions of the Existing Leased Property as identified and defined in Annex A attached hereto and incorporated herein (the “Removed Leased Property”) from the terms, covenants and conditions of the Master Lease. Capitalized terms used herein and not otherwise defined herein shall have the meaning

FIRST AMENDMENT TO MASTER LEASE
Master Lease • June 3rd, 2024 • Ardent Health Partners, LLC • Services-general medical & surgical hospitals, nec

THIS FIRST AMENDMENT TO MASTER LEASE (this “Amendment”) is entered into as of March 6, 2017, by and between: (a) ALL ENTITIES LISTED ON SCHEDULE 1 ATTACHED HERETO AS A LANDLORD (individually and collectively, “Landlord”); (b) ALL ENTITIES LISTED ON SCHEDULE 1 ATTACHED HERETO AS A TENANT (individually and collectively, “Tenant”); and (c) ARDENT HEALTH PARTNERS, LLC, a Delaware limited liability company (f/k/a EGI-AM Holdings, L.L.C.), ARDENT LEGACY HOLDINGS, INC., a Delaware corporation, and ARDENT LEGACY ACQUISITIONS, INC., a Delaware corporation (individually and collectively, “Guarantor”).

NINTH AMENDMENT TO MASTER LEASE
Master Lease • February 23rd, 2023 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York

THIS NINTH AMENDMENT TO MASTER LEASE (this “Amendment”) is being entered into on this 14th day of January, 2022 (the “Effective Date”), by and between GLP Capital, L.P. (together with its permitted successors and assigns, “Landlord”) and Penn Tenant, LLC (together with its permitted successors and assigns, “Tenant”), and shall amend that certain Master Lease, dated November 1, 2013, as amended by that certain First Amendment to Master Lease, dated March 5, 2014, that certain Second Amendment to Master Lease and First Amendment to Access Agreement, dated April 18, 2014, that certain Third Amendment to Master Lease, dated September 20, 2016, and that certain Fourth Amendment to Master Lease, dated May 1, 2017, that certain Fifth Amendment to Master Lease, dated June 19, 2018, that certain Sixth Amendment to Master Lease, dated August 8, 2018, that certain Seventh Amendment to Master Lease, dated October 31, 2018, and that certain Eighth Amendment to Master Lease, dated November 20, 2018

SEVENTH AMENDMENT TO MASTER LEASE
Master Lease • February 13th, 2019 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York

THIS SEVENTH AMENDMENT TO MASTER LEASE (this “Amendment”) is being entered into on this 31st day of October, 2018 (the "Effective Date"), by and between Landlord and Tenant, as more fully set forth herein, and shall amend that certain Master Lease, dated November 1, 2013, as amended to the date hereof (collectively, the “Master Lease”), by and among GLP Capital, L.P. (together with its permitted successors and assigns, “Landlord”) and Penn Tenant, LLC (together with its permitted successors and assigns, “Tenant”), pursuant to which Tenant leases certain Leased Property, as further defined in the Master Lease (the “Existing Leased Property”). Landlord and Tenant each desire to remove certain portions of the Existing Leased Property as identified and defined in Annex A attached hereto and incorporated herein (the “Removed Leased Property”) from the terms, covenants and conditions of the Master Lease. Capitalized terms used herein and not otherwise defined herein shall have the meaning as

MASTER LEASE
Master Lease • June 17th, 2021 • Assisted 4 Living, Inc. • Services-home health care services

THIS MASTER LEASE (this “Lease”) made and entered into this 13th day of May, 2015, by and between CRETE PLUS FIVE PROPERTY, L.L.C., a Delaware limited liability company, IOWA LINCOLN COUNTY PROPERTY, L.L.C., a Delaware limited liability company, MUSCATINE TOLEDO PROPERTIES, L.L.C., a Delaware limited liability company, and AVERY STREET PROPERTY, L.L.C., a Delaware limited liability company (hereinafter along with any other lessors as may be added to this Lease from time to time collectively referred to as “Lessor”), and IANE PROPERTIES I, LLC, a Florida limited liability company, and IANE PROPERTIES II, LLC, a Florida limited liability company (hereinafter along with any other lessees as may be added to this Lease from time to time collectively referred to as “Lessee”).

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MASTER LEASE
Master Lease • August 13th, 1999 • Transport Corporation of America Inc • Trucking (no local) • Illinois

THIS LEASE IS SUPERIOR TO A MORTGAGE IN FAVOR OF ABN AMRO BANK N.V., AS AGENT (THE "AGENT") UNDER THE PARTICIPATION AGREEMENT DATED AS OF APRIL 9, 1999, BETWEEN THE LESSOR AND THE AGENT FOR THE BENEFIT OF THE PARTICIPANTS. THIS LEASE HAS BEEN EXECUTED IN COUNTERPARTS. TO THE EXTENT, IF ANY, THAT THIS LEASE CONSTITUTES CHATTEL PAPER (AS SUCH TERM IS DEFINED IN THE UNIFORM COMMERCIAL CODE AS IN EFFECT IN ANY APPLICABLE JURISDICTION), NO LIEN ON THIS LEASE MAY BE CREATED THROUGH THE TRANSFER OR POSSESSION OF ANY COUNTERPART OTHER THAN THE ORIGINAL COUNTERPART CONTAINING THE RECEIPT THEREFOR EXECUTED BY THE AGENT ON THE SIGNATURE PAGE HEREOF.

EX-10.2 3 g03832exv10w2.htm EX-10.2 THIRD AMENDMENT TO CONSOLIDATED AMENDED AND RESTATED MASTER LEASE
Master Lease • May 5th, 2020

Exhibit 10.2 THIRD AMENDMENT TO CONSOLIDATED AMENDED AND RESTATED MASTER LEASE This Third Amendment to Consolidated Amended and Restated Master Lease (this “Amendment”) is executed and delivered as of this 20th day of October, 2006, to be effective as of October 1, 2006 (the “Effective Date”) by and between STERLING ACQUISITION CORP., a Kentucky corporation (“Lessor”), the address of which is 9690 Deereco Road, Suite 100, Timonium, MD 21093, and DIVERSICARE LEASING CORP., a Tennessee corporation, the address of which is 1621 Galleria Boulevard, Brentwood, TN 37027. RECITALS: A. Lessee has executed and delivered to Lessor a Consolidated Amended and Restated Master Lease dated as of November 8, 2000, but effective as of October 1, 2000, as amended by a First Amendment to Consolidated Amended and Restated Master Lease dated as of September 30, 2001, and a Second Amendment to Consolidated Amended and Restated Master Lease dated as of June 15, 2005 (the “Existing Master Lease”) pursuant to

THIRD AMENDMENT TO MASTER LEASE
Master Lease • June 3rd, 2024 • Ardent Health Partners, LLC • Services-general medical & surgical hospitals, nec

This THIRD AMENDMENT TO MASTER LEASE (the “Amendment”) is dated as of February 26, 2018 by and among VTR Hillcrest MC Tulsa, LLC, VTR Hillcrest HS Tulsa, LLC, VTR Bailey MC, LLC, VTR Heart Hospital, LLC, VTR Lovelace WH, LLC, VTR Lovelace Westside, LLC, VTR Lovelace Roswell, LLC, VTR Lovelace MC & Rehab, LLC, VTR Hillcrest Claremore, LLC and VTR Baptist SA, LLC, each a Delaware limited liability company (individually and collectively, “Landlord”); the entities listed on Schedule 1 attached hereto (individually and collectively, “Tenant”); and ARDENT HEALTH PARTNERS, LLC, a Delaware limited liability company, f/k/a EGI-AM Holdings, L.L.C., ARDENT LEGACY HOLDINGS, LLC, a Delaware limited liability company, AHS LEGACY OPERATIONS, LLC, a Delaware limited liability company, AHP HEALTH PARTNERS, LLC, a Delaware limited liability company, f/k/a AHP Health Partners, Inc. and ARDENT LEGACY ACQUISITIONS, INC., a Delaware corporation (individually and collectively, “Guarantor”).

MASTER LEASE
Master Lease • August 14th, 2002 • Citrix Systems Inc • Services-prepackaged software • New York
SECOND AMENDMENT TO MASTER LEASE
Master Lease • August 22nd, 2016 • MedEquities Realty Trust, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO MASTER LEASE (this “Amendment”) is made and entered into this 8th day of June, 2016, by and among MRT of La Mesa CA – SNF, LLC, MRT of National City CA – SNF I, LLC, MRT of National City CA – SNF II , LLC, MRT of Upland CA – SNF/ALF, LLC, and MRT of San Diego CA – SNF, LLC, each, a Delaware limited liability company (collectively, the “Landlord”), and GHC of La Mesa, LLC, GHC of National City II, LLC, GHC of National City I, LLC, GHC of Upland SNF, LLC, GHC of Upland RCFE, LLC, and GHC of Kearny Mesa, LLC, each, a California limited liability company (collectively, the “Tenant”).

MASTER LEASE
Master Lease • May 11th, 2005 • Alon USA Energy, Inc. • Arizona
EXHIBIT 10.18 AMENDED AND RESTATED MASTER LEASE (Del Monte Corporation Trust No. 1998-A) Dated as of April 5, 1999
Master Lease • September 30th, 2002 • Del Monte Foods Co • Canned, fruits, veg, preserves, jams & jellies • New York
SIXTH AMENDMENT TO MASTER LEASE
Master Lease • November 1st, 2018 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York

THIS SIXTH AMENDMENT TO MASTER LEASE (this “Amendment”) is being entered into on this 8th day of August, 2018 (the "Effective Date"), by and between Landlord and Tenant, as more fully set forth herein, and shall amend that certain Master Lease, dated November 1, 2013, as amended to the date hereof (collectively, the “Master Lease”), by and among GLP Capital, L.P. (together with its permitted successors and assigns, “Landlord”) and Penn Tenant, LLC (together with its permitted successors and assigns, “Tenant”), pursuant to which Tenant leases certain Leased Property, as further defined in the Master Lease (the “Existing Leased Property”). Landlord and Tenant each desire to remove certain portions of the Existing Leased Property as identified and defined in Annex A attached hereto and incorporated herein (the “Removed Leased Property”) from the terms, covenants and conditions of the Master Lease. Capitalized terms used herein and not otherwise defined herein shall have the meaning ascrib

Execution Version AMENDED AND RESTATED MASTER LEASE ACTIVE/103726432.5 US- DOCS\116344257.8
Master Lease • June 17th, 2020 • Gaming & Leisure Properties, Inc. • Real estate investment trusts • New York
MASTER LEASE Between VTR Hillcrest MC Tulsa, LLC, VTR Hillcrest HS Tulsa, LLC, VTR Bailey MC, LLC, VTR Heart Hospital, LLC, VTR Lovelace WH, LLC, VTR Lovelace Westside, LLC, VTR Lovelace Roswell, LLC, VTR Lovelace MC & Rehab, LLC, VTR Hillcrest...
Master Lease • June 3rd, 2024 • Ardent Health Partners, LLC • Services-general medical & surgical hospitals, nec • Illinois

This Master Lease (this “Lease”) is entered into as of August 4, 2015 (the “Effective Date”) by and between VTR Hillcrest MC Tulsa, LLC, VTR Hillcrest HS Tulsa, LLC, VTR Bailey MC, LLC, VTR Heart Hospital, LLC, VTR Lovelace WH, LLC, VTR Lovelace Westside, LLC, VTR Lovelace Roswell, LLC, VTR Lovelace MC & Rehab, LLC, VTR Hillcrest Claremore, LLC and VTR Baptist SA, LLC, each a Delaware limited liability company (individually and collectively, “Landlord”), and each of the entities identified on Schedule 1-B (individually and collectively, “Tenant”).

AMENDED AND RESTATED MASTER LEASE BETWEEN ARG PROPERTIES II, LLC, as Landlord AND ARG ENTERPRISES, INC., As Tenant Dated: May 11, 1998
Master Lease • March 29th, 2002 • American Restaurant Group Inc • Retail-eating places • California

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SIXTH AMENDMENT TO MASTER LEASE
Master Lease • February 18th, 2020 • MGM Growth Properties Operating Partnership LP • Real estate investment trusts • New York

This SIXTH AMENDMENT TO MASTER LEASE (the “Amendment”) is entered into as of February 14, 2020 (the “Effective Date”), by and between MGP Lessor, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Landlord”), and MGM Lessee, LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Tenant”). Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings set forth in the Master Lease (as hereinafter defined).

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