WHEREAS, in addition to the foregoing mortgage loans, each of Steward Carney Hospital, Inc., Steward Holy Family Hospital, Inc., Steward Norwood ($350,000,000.00) and (ii) Davis Lender agreed to make a mortgage loan to Davis Hospital & Medical Center, L.P., a Delaware limited partnership ( Davis Borrower and together with West Jordan Borrower, the Newīorrowers), in the original principal amount of Three Hundred Fifty Million and No/100 Dollars ($350,000,000.00) immediately following the closing of the Merger Jordan Lender agreed to make a mortgage loan to Jordan Valley Medical Center, L.P., a Delaware limited partnership ( West Jordan Borrower) in the original principal amount of Three Hundred Fifty Million and No/100 Dollars West Jordan-Steward, LLC ( West Jordan Lender) and MPT of Layton-Steward, LLC, each a Delaware limited liability company ( Davis Lender and together with West Jordan Lender, the New Lenders),Īnd certain of their Affiliates are parties to that certain IASIS (Project Ignite) Master Agreement, dated as of May 18, 2017 and that certain Realty Agreement, dated as of the date hereof, pursuant to which, among other things, (i) West IASIS and IASIS (as the surviving entity) became a wholly owned subsidiary of Steward (the Merger) WHEREAS, pursuant to that certain Agreement and Plan of Merger, dated May 18, 2017, by and among Steward Health, Ignite Merger Sub, Inc., aĭelaware corporation ( Merger Sub), IASIS Healthcare Corporation, a Delaware corporation ( IASIS), and Shareholder Representative Services LLC, a Colorado limited liability company, Merger Sub merged with and into THIS JOINDER AND AMENDMENT TO REAL ESTATE LOAN AGREEMENT is dated this 29th day of September, 2017 (this Amendment),īy and among certain Affiliates of MPT OPERATING PARTNERSHIP, L.P., a Delaware limited partnership ( MPT), as further described on the signature pages hereto (collectively, jointly and severally, Lender), andĬertain Affiliates of STEWARD HEALTH CARE SYSTEM LLC, a Delaware limited liability company ( Steward Health), as further described on the signature pages hereto (collectively, jointly and severally, Borrower).Īnd Borrower (without regard for the joinders under this Amendment) are parties to that certain Real Estate Loan Agreement, dated as of October 3, 2016, as amended by that certain Amendment to Real Estate Loan Agreement (CHS Properties), datedĪs of May 1, 2017 (as the same may be modified, amended or restated from time to time, the Loan Agreement), pursuant to which Lender has made a term loan to Borrower, on a joint and several basis, in the original principalĪmount of Six Hundred Million and No/100 Dollars ($600,000,000) (the Original Loan), which Original Loan is evidenced by the Original Note (as hereinafter defined) (IASIS Properties - Permitted Exceptions) JOINDER AND AMENDMENT TO REAL ESTATE LOAN AGREEMENT
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