SEC Contract Filing

Filing Date: 2015-04-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.46
<SEQUENCE>5
<FILENAME>ex1046.htm
<DESCRIPTION>SEVENTH AMENDMENT TO PINNACLE HEALTH LEASE AGREEMENT DATED NOVEMBER 12, 2014
<TEXT>
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<a name="se158a52f9f0a4c5cb940bc2529c50dbb"></a><div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.46</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;padding-bottom:13px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">SEVENTH AMENDMENT TO AGREEMENT FOR LEASE OF REAL PROPERTY</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">THIS SEVENTH AMENDMENT TO AGREEMENT FOR LEASE OF REAL PROPERTY (this &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;) is made as of November 12, 2014, by and among </font><font style="font-family:inherit;font-size:12pt;color:#262626;">PINNACLE HEALTH HOSPITALS,</font><font style="font-family:inherit;font-size:12pt;">&#32;a Pennsylvania non-profit corporation (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Lessor</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and AMERICAN REALTY CAPITAL VII, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">ARC VII</font><font style="font-family:inherit;font-size:12pt;">&#8221;), ARHC BRHBGPA01, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Brady Lessee</font><font style="font-family:inherit;font-size:12pt;">&#8221;), ARHC FOMBGPA01, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">FOC Lessee</font><font style="font-family:inherit;font-size:12pt;">&#8221;), ARHC LMHBGPA01, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Landis Lessee</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and ARHC CHHBGPA01, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Community Lessee,</font><font style="font-family:inherit;font-size:12pt;">&#8221; and together with ARC VII, Brady Lessee, FOC Lessee and Landis Lessee, collectively, &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Lessee</font><font style="font-family:inherit;font-size:12pt;">&#8221;).</font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, ARC VII and Lessor entered into that certain Agreement for Lease of Real Property, having an effective date of June 16, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Initial Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), that certain First Amendment to Agreement for Lease of Real Property, dated as of July 16, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">First Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), that certain Second Amendment to Agreement for Lease of Real Property, dated as of August 1, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Second Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), that certain Third Amendment to Agreement for Lease of Real Property, dated as of September 26, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Third Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), that certain Fourth Amendment to Agreement for Lease of Real Property, dated as of October 10, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Fourth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), that certain Fifth Amendment to Agreement for Lease of Real Property, dated as of October 22, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Fifth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and that certain Sixth Amendment to Agreement for Lease of Real Property, dated as of October 31, 2014 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Sixth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;; the Initial Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, and the Sixth Amendment, the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), with regard to the Property, as more particularly described in the Agreement. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-