Common use of Guaranty of Payment; Continuing Guaranty Clause in Contracts

Guaranty of Payment; Continuing Guaranty. The guarantee in this Article XI is a guaranty of payment and not of collection, and is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising. Each of the parties hereto have caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERS: VENTAS REALTY, LIMITED PARTNERSHIP By: Ventas, Inc., its General Partner By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary VENTAS SSL ONTARIO II, INC. VENTAS SSL ONTARIO III, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President and Associate Secretary GUARANTOR: VENTAS, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender, L/C Issuer and Alternative Currency Fronting Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Director BANK OF AMERICA, N.A. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Director JPMORGAN CHASE BANK, N.A. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Executive Director CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Vice President BARCLAYS BANK PLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Director CITIBANK, N.A. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President UBS LOAN FINANCE LLC By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Associate Director By: /s/ ▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇ Title: Associate Director KEYBANK NATIONAL ASSOCIATION By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: AVP — Closing Officer TD BANK, N.A. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President TORONTO DOMINION (NEW YORK) LLC By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK USA By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory ROYAL BANK OF CANADA By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Director COMPASS BANK By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President PNC BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Executive Vice President THE SUMITOMO MITSUI BANKING CORPORATION By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Managing Director THE HUNTINGTON NATIONAL BANK By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President RBS CITIZENS, N.A. d/b/a Charter One By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President BRANCH BANKING AND TRUST COMPANY By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Assistant Vice President FIFTH THIRD BANK, AN OHIO BANKING CORPORATION By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President CITY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President THE NORTHERN TRUST COMPANY By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Second Vice President BANK OF THE WEST By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BANK OF COMMUNICATIONS CO., LTD., NEW YORK BRANCH By: /s/ ▇▇▇▇▇▇▇ He Name: ▇▇▇▇▇▇▇ He Title: Deputy General Manager

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Ventas Inc)

Guaranty of Payment; Continuing Guaranty. The guarantee in this Article XI is a guaranty of payment and not of collection, and is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising. Each of the parties hereto have has caused a counterpart of this Agreement to be duly executed as of the date first above written. BORROWERSBORROWER: VENTAS REALTY, LIMITED PARTNERSHIP By: Ventas, Inc., its General Partner By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary VENTAS SSL ONTARIO II, INC. VENTAS SSL ONTARIO III, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President and Associate Secretary GUARANTOR: VENTAS, INC. By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender, L/C Issuer and Alternative Currency Fronting Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Director BANK OF AMERICA, N.A. By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Director JPMORGAN CHASE BANK, N.A. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Executive Director CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Managing Director Executive Vice President and Chief Financial Officer GUARANTOR: VENTAS, INC. By: /s/ ▇▇▇▇▇▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇. ▇▇▇▇▇▇ Title: Executive Vice President and Chief Financial Officer ADMINISTRATIVE AGENT: BANK OF AMERICA, N.A., as Administrative Agent By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BARCLAYS LENDERS: BANK PLC OF AMERICA, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Director CITIBANKJPMORGAN CHASE BANK, N.A. N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President UBS LOAN FINANCE LLC Executive Director CITIBANK, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Signatory CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Associate Managing Director MUFG BANK, LTD., as a Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇ Title: Associate Director KEYBANK NATIONAL ASSOCIATION By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: AVP — Closing Officer Director PNC BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President ROYAL BANK OF CANADA, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory TD BANK, N.A. N.A., as a Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President TORONTO DOMINION (NEW YORK) LLC ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Managing Director THE BANK OF NOVA SCOTIA, as a Lender By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Execution Head & Director THE BANK OF NEW YORK MELLON, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director BMO ▇▇▇▇▇▇ BANK, N.A., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇▇ ▇▇▇▇▇ BANK USA Director BRANCH BANKING AND TRUST COMPANY, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President MIZUHO BANK (USA), as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory Executive Director ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ BANK, N.A. as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory ROYAL BANK OF CANADA By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Director COMPASS BANK By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President PNC BANK, NATIONAL ASSOCIATION By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Executive Vice President THE SUMITOMO MITSUI BANKING CORPORATION CORPORATION, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Managing Director Executive Officer BANK OF THE HUNTINGTON NATIONAL BANK WEST, A CALIFORNIA BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President RBS CITIZENS, N.A. d/b/a Charter One By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇ ▇. ▇▇▇▇▇ Title: Vice President BRANCH By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory CITY NATIONAL BANK, A NATIONAL BANKING AND TRUST COMPANY ASSOCIATION, as a Lender By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President FIFTH THIRD BANK, AN OHIO BANKING CORPORATION, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Vice President COMPASS BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Assistant Senior Vice President FIFTH THIRD BANKTHE NORTHERN TRUST COMPANY, AN OHIO BANKING CORPORATION as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President CITY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Senior Vice President THE NORTHERN TRUST COMPANY By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Second Vice President BANK OF THE WEST By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BANK OF COMMUNICATIONS COBank of America, N.A. $20,000,000.01 6.666666670 % $39,999,999.99 6.666666665 % $60,000,000.00 6.666666667 % JPMorgan Chase Bank, N.A. $20,000,000.01 6.666666670 % $39,999,999.99 6.666666665 % $60,000,000.00 6.666666667 % Citibank, N.A. $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5.777777778 % Credit Agricole Corporate and Investment Bank $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5.777777778 % MUFG Bank, Ltd. $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5.777777778 % PNC Bank, National Association $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5., LTD., NEW YORK BRANCH By: /s/ ▇▇▇▇▇▇▇▇▇ He % Royal Bank of Canada $17,333,333.33 5.▇▇▇▇▇▇▇▇▇ % $34,666,666.67 5.▇▇▇▇▇▇▇▇▇ % $52,000,000.00 5.777777778 % TD Bank, N.A. $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5.777777778 % ▇▇▇▇▇ Fargo Bank, National Association $17,333,333.33 5.777777777 % $34,666,666.67 5.777777778 % $52,000,000.00 5.▇▇▇▇▇▇▇▇▇ % The Bank of Nova Scotia $14,000,000.00 4.▇▇▇▇▇▇▇▇▇ % $28,000,000.00 4.▇▇▇▇▇▇▇▇▇ % $42,000,000.00 4.666666667 % The Bank of New York Mellon $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % BMO ▇▇▇▇▇▇ Bank, N.A. $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % Branch Banking and Trust Company $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % Mizuho Bank, Ltd. $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % Sumitomo Mitsui Banking Corporation $14,000,000.00 4.666666667 % $28,000,000.00 4.666666667 % $42,000,000.00 4.666666667 % Bank of the West $8,000,000.00 2.666666667 % $16,000,000.00 2.666666667 % $24,000,000.00 2.666666667 % Capital One, National Association $8,000,000.00 2.666666667 % $16,000,000.00 2.666666667 % $24,000,000.00 2.666666667 % City National Bank $8,000,000.00 2.666666667 % $16,000,000.00 2.666666667 % $24,000,000.00 2.666666667 % Fifth Third Bank $8,000,000.00 2.666666667 % $16,000,000.00 2.666666667 % $24,000,000.00 2.666666667 % Compass Bank $5,000,000.00 1.666666667 % $10,000,000.00 1.666666667 % $15,000,000.00 1.666666667 % The Northern Trust Company $3,666,666.67 1.222222223 % $7,333,333.33 1.222222222 % $11,000,000.00 1.222222222 % CREDIT PARTY U.S. TAXPAYER IDENTIFICATIONNUMBER VENTAS REALTY, LIMITED PARTNERSHIP VENTAS, INC. ▇▇-▇▇▇▇▇▇▇ c/o Ventas Realty, Limited Partnership Ventas Realty, Limited Partnership ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ Louisville, KY 40222 Attention: General Counsel Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Website: ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇ With a copy to: ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ Chicago, IL 60611 Attention: ▇▇▇▇ ▇▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Email: ▇▇▇▇.▇▇▇▇▇▇@▇▇.▇▇▇ Name: ▇▇▇▇▇▇He Title▇▇▇▇▇▇ Telephone: Deputy General Manager▇▇▇-▇▇▇-▇▇▇▇ Facsimile #: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇▇.▇▇▇▇▇▇@▇▇▇▇.▇▇▇ Bank of America ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇. ▇ TX2-984-03-23 Richardson, Texas 75082 OTHER NOTICES AS ADMINISTRATIVE AGENT: Bank of America, N.A. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇. ▇ Mail Code: TX2-984-03-26 Richardson, Texas 75082 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Telecopier: ▇▇▇-▇▇▇-▇▇▇▇ Electronic Mail: ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ with a copy to: Bank of America, N.A. Wholesale Credit GCIB Healthcare ▇▇▇ ▇. ▇▇▇▇▇ Street Mail Code: NC1 -007-17-11 Charlotte, NC 28255 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Telecopier: ▇▇▇-▇▇▇-▇▇▇▇ Electronic Mail: ▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇.▇▇▇ This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [the][each] Assignor identified in item 1 below ([the][each, an] “Assignor”) and [the][each] Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and agreed that the rights and obligations of [the Assignors] [and] [the Assignees] hereunder are several and not joint.] Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the][each] Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of [the Assignor][the respective Assignors] under the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of [the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee pursuant to clauses (i) and (ii) above being referred to herein collectively as [the][an] “Assigned Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by [the][any] Assignor. US:163029948 1. Assignor[s]: [Assignor [is] [is not] a Defaulting Lender] [Assignor [is] [is not] a Defaulting Lender] 2. Assignee[s]: [for each Assignee, indicate [Affiliate] [Approved Fund] of [identify Lender] and indicate Assignee is not a Disqualified Institution] 3. Borrower: VENTAS REALTY, LIMITED PARTNERSHIP, a Delaware limited partnership 4. Administrative Agent: Bank of America, N.A., as the administrative agent under the Credit Agreement

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Ventas Inc)