Leasing and Management of RIDEA Contributed Facilities. Not later than ten (10) Business Days prior to the Closing Date, Brookdale shall submit to HCP the Annual Plan (as defined in the applicable BKD RIDEA Management Agreement) that would (if the applicable BKD RIDEA Management Agreement were then in effect) be required under the BKD RIDEA Management Agreement for each RIDEA Contributed Facility to be submitted by BKD RIDEA Manager to the applicable RIDEA OpCo-Sub for the initial Fiscal Year (as defined in such BKD RIDEA Management Agreement). Subject to the terms, covenants and conditions set forth in this Agreement (including Section 4.5), each of HCP and Brookdale shall cause the following to occur at the Closing (except as otherwise expressly provided below):
Appears in 2 contracts
Sources: Master Contribution and Transactions Agreement (Brookdale Senior Living Inc.), Master Contribution and Transactions Agreement (Hcp, Inc.)