Operator Security Agreement Page 31
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32(g) All funds, monies, securities and other property held in escrow, lock boxes,
depository or blocked accounts or as reserves and all rights to receive (or to have distributed to
the Operator) any funds, monies, securities or property held in escrow, lock boxes, depository or
blocked accounts or as reserves including but not limited to all of Operator’s rights (if any) to
any funds or amounts in that certain reserve funds and/or residual receipts
accounts
receivable
and unrestrictedcreated under any regulatory agreement required by the Secretary of Housing
and Urban Development or the Federal Housing Administration Commissioner;
(h) All accounts, accounts receivable, general intangibles, chattel paper, instruments,
documents, inventory, goods,
cash
and investments derived from the Project. , bank accounts,
certificates of deposits, securities, insurance policies, letters of credit, deposits, judgments, liens,
causes of action, warranties, guaranties and all other properties and assets of the Operator,
tangible or intangible, whether or not similar to the property described in this item (h). As used
herein, the term “accounts receivable” shall include (i) all healthcare insurance receivables,
including, but not limited to Medicaid and Medicare receivables, Veterans Administration or
other governmental receivables, private patient receivables, and HMO 10 receivables; (ii) any
payments due or to be made to the Operator relating to the Land or (iii) all other rights of the
Operator to receive payment of any kind with respect to the Land;
7.
Proceeds, products, returns, additions, accessions, replacements and substitutions
or and to any and all of the above.
(i) All books, records and files of whatever type or nature relating to any or all of the
property or interests in property described herein or the proceeds thereof, whether or not written,
stored electronically or electromagnetically or in any other form, and whether or not such books,
records, or files constitute accounts, equipment or general intangibles.
(j) Any and all security or other deposits which have not been forfeited by any tenant
under any lease; and
(k) All products and proceeds of any and all of the property (and interests in property)
described herein including but not limited to proceeds of any insurance, whether or not in the
form of original collateral, accounts, contract rights, chattel paper, general intangibles,
equipment, fixtures, goods, securities, leases, instruments, inventory, documents, deposit
accounts or cash.
EXHIBIT C TO OPERATOR SECURITY AGREEMENT
Other Names Used by Operator in Previous Five Years (see Section 2(a) of Agreement):
Assets Acquired in Bulk Transfer in Previous Five Years (see Section 2(a) of Agreement):
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