OPERATING DEFICIT GUARANTY AGREEMENTOperating Deficit Guaranty Agreement • February 27th, 2006 • American Retirement Corp • Services-skilled nursing care facilities
THIS OPERATING DEFICIT GUARANTY AGREEMENT (this “Guaranty”) is made as of ____________ ___, 2005, by AMERICAN RETIREMENT CORPORATION, a Tennessee corporation (“Guarantor”), for the benefit of GMAC COMMERCIAL MORTGAGE BANK, a Utah industrial corporation (including its successors, transferees and assigns, “Lender”).
