Affiliated Relationships. Except as disclosed in Section 6.18 of the Disclosure Letter, neither Seller, General Partner or the Manager, nor any partner, shareholder, director or officer thereof , or any member of such Person's immediate family, has, or at any time within the last two (2) years has had, a material ownership interest in any business that is or was a party to any business relationships or arrangement of any kind relating to the operation of the Facility or the Business. Residents/Patients; Licensed Beds And Fees. Seller has cared for the Residents/Patients located at any time at the Facility in accordance with recognized standards pertaining to assisted living facilities. Seller does not have any agreement with any of its Residents/Patients which have been prepaid for more than one month.
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Sources: Asset Purchase Agreement (Integrated Living Communities Inc), Asset Purchase Agreement (Integrated Living Communities Inc)