Examples of Senior Housing Assets in a sentence
As of the Agreement Date, the Borrower, its Subsidiaries and the other Loan Parties are engaged primarily in the business of the acquisition, financing (including mortgage financing), and ownership of Senior Housing Assets, medical office buildings and wellness centers, and other businesses activities incidental thereto.
As of the Closing Date, the general nature of the business of the Borrower and its Subsidiaries is primarily the business of the acquisition, financing and ownership of Senior Housing Assets and other business activities incidental thereto.
As of the date hereof, the general nature of the business of the Company and its Subsidiaries is primarily the business of the acquisition, financing and ownership of Senior Housing Assets and other business activities incidental thereto.
As to all or substantially all of the Senior Housing Assets, the Borrower or a Subsidiary is the named insured under a policy of title insurance issued by a title insurer licensed to do business in the jurisdiction where such Senior Housing Asset is located.
All Leases require the Lessees thereunder to maintain with respect to the Senior Housing Assets commercially reasonable insurance with financially sound and reputable insurance companies.
As of the Agreement Date, Schedule 6.1.(y) is a correct and complete list of all Unencumbered Senior Housing Assets and Unencumbered Mortgage Notes.
Together with such financial statements, the Borrower shall deliver a report, in form and detail reasonably satisfactory to the Agent, setting forth (a) a statement of Funds From Operations for the fiscal year then ending; (b) a listing of capital expenditures made by the Borrower or any Subsidiary during such fiscal year; and (c) a listing of all Senior Housing Assets acquired during such fiscal year, including their minimum rent, net operating income, cost and related mortgage debt, if any.
In particular, the parties will use all reasonable business efforts to cooperate with one another in valuing the individual assets comprising the Senior Housing Assets on the Distribution Date, to the extent such valuations are necessary for Tax purposes.
Together with such financial statements, the Borrower shall deliver a report, in form and detail satisfactory to the Agent, setting forth (a) a statement of Funds From Operations for the fiscal quarter then ending; (b) a listing of capital expenditures made by the Borrower or any Subsidiary during the fiscal quarter then ended; and (c) a listing of all Senior Housing Assets acquired during such fiscal quarter, including their minimum rent, net operating income, cost and related mortgage debt, if any.
As of the Closing Date, Borrower and the Subsidiaries and any other Loan Parties (other than Borrower) are substantially engaged in the business of operating (either directly or through management contracts with third parties) Senior Housing Assets, together with other business activities incidental thereto.