As filed with the Securities and Exchange Commission on November 12, 2015

Registration No. 333-_______

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-4

 

REGISTRATION STATEMENT

UNDER THE SECURITIES ACT OF 1933

 

 

Omega Healthcare Investors, Inc.

and the Subsidiary Guarantors listed on Schedule A

(Exact name of registrant as specified in its charter)

 

Maryland   6798   38-3041398

(State or other jurisdiction of incorporation

or organization )

(Primary Standard Industrial Classification
Code Number)
(I.R.S. Employer Identification No.)

 

200 International Circle, Suite 3500

Hunt Valley, Maryland 21030

 (410) 427-1700

(Address, including zip code, and telephone number, including area

code, of registrant’s principal executive offices)

 

C. Taylor Pickett

Chief Executive Officer

Omega Healthcare Investors, Inc.

200 International Circle, Suite 3500

Hunt Valley, Maryland 21030

 (410) 427-1700

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

Copies of communications to:

 

Eliot W. Robinson

Terrence A. Childers

Bryan Cave LLP

One Atlantic Center, Fourteenth Floor

1201 West Peachtree Street, NW

Atlanta, Georgia 30309-3488

(404) 572-6600

 

Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective.

 

If the securities being registered on this Form are being offered in connection with the formation of a holding company and there is compliance with General Instruction G, check the following box. ¨

 

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨

 

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and smaller reporting company” in Rule 12b-2 of the Exchange Act.  

 

Large accelerated filer    x     Accelerated filer    ¨ Non-accelerated filer    ¨ Smaller reporting company    ¨

 

If applicable, place an X in the box to designate the appropriate rule provision relied upon in conducting this transaction:

 

  Exchange Act Rule 13e-4(i) (Cross-Border Issuer Tender Offer) ¨
  Exchange Act Rule 14d-1(d) (Cross-Border Third Party Tender Offer) ¨
 

 

CALCULATION OF REGISTRATION FEE

 

Title of each class of securities to be registered Amount to be
registered
Proposed
maximum
offering price
per unit(1)
Proposed
maximum
offering price(1)
Amount of
registration fee
5.250% Senior Notes due 2026  $600,000,000  100%  $600,000,000 $60,420
Guarantees of the 5.250% Senior Notes due 2026  $600,000,000 — (2)

 

(1) The registration fee has been calculated in accordance with Rule 457 under the Securities Act. The proposed maximum offering price is estimated solely for the purpose of calculating the registration fee.
(2) Pursuant to Rule 457(n) of the Securities Act, no additional registration fee is being paid for the guarantees. The guarantees are not traded separately.
 

 

The registrants hereby amend this registration statement on such date or dates as may be necessary to delay its effective date until the registrants shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.  

 

 

 

 

     
Table of Contents      

 

Schedule A

 

Subsidiary Guarantors

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
11900 East Artesia Boulevard, LLC California 6798 90-0266391
1200 Ely Street Holdings Co. LLC Michigan 6798 26-3524594
13922 Cerise Avenue, LLC California 6798 71-0976970
1628 B Street, LLC California 6798 30-0482286
2400 Parkside Drive, LLC California 6798 30-0482288
2425 Teller Avenue, LLC Colorado 6798 20-5672217
245 East Wilshire Avenue, LLC California 6798 90-0266386
3232 Artesia Real Estate, LLC California 6798 65-1232714
3806 Clayton Road, LLC California 6798 90-0266403
42235 County Road Holdings Co. LLC Michigan 6798 83-0500167
446 Sycamore Road, L.L.C. Delaware 6798 32-0380782
48 High Point Road, LLC Maryland 6798 27-2498824
523 Hayes Lane, LLC California 6798 45-1777721
637 East Romie Lane, LLC California 6798 90-0266404
Alamogordo Aviv, L.L.C. New Mexico 6798 27-0123540
Albany Street Property, L.L.C. Delaware 6798 61-1754256
Arizona Lessor – Infinia, LLC Maryland 6798 32-0008074
Arkansas Aviv, L.L.C. Delaware 6798 30-0509615
Arma Yates, L.L.C. Delaware 6798 27-3971035
Avery Street Property, L.L.C Delaware 6798 36-4775490
Aviv Asset Management, L.L.C. Delaware 6798 30-0305067
Aviv Financing I, L.L.C. Delaware 6798 11-3747125
Aviv Financing II, L.L.C. Delaware 6798 36-4597042
Aviv Financing III, L.L.C. Delaware 6798 36-4641210
Aviv Financing IV, L.L.C. Delaware 6798 27-0836481
Aviv Financing V, L.L.C. Delaware 6798 27-0836548
Aviv Foothills, L.L.C. Delaware 6798 36-4572035
Aviv Healthcare Capital Corporation Delaware 6798 27-4536064
Aviv Healthcare Properties Operating Partnership I, L.P. Delaware 6798 11-3747120
Aviv Liberty, L.L.C. Delaware 6798 36-4572034
Avon Ohio, L.L.C. Delaware 6798 36-4601433
Bala Cynwyd Real Estate, LP Pennsylvania 6798 27-1726563
Bayside Colorado Healthcare Associates, LLC Colorado 6798 38-3517837
Bayside Street II, LLC Delaware 6798 38-3519969
Bayside Street, LLC Maryland 6798 38-3160026
Belleville Illinois, L.L.C. Delaware 6798 32-0188341
Bellingham II Associates, L.L.C. Delaware 6798 11-3747130
Bethel ALF Property, L.L.C. Delaware 6798 36-4759871
BHG Aviv, L.L.C. Delaware 6798 36-4601432
Biglerville Road, L.L.C. Delaware 6798 35-2410897
Bonham Texas, L.L.C. Delaware 6798 30-0358809
Bradenton ALF Property, L.L.C. Delaware 6798 45-4444919
Burton NH Property, L.L.C. Delaware 6798 11-3714506
California Aviv Two, L.L.C. Delaware 6798 26-4117080
California Aviv, L.L.C. Delaware 6798 38-3786697
Camas Associates, L.L.C. Delaware 6798 36-4340182
Canton Health Care Land, LLC Ohio 6798 20-1914579
Carnegie Gardens LLC Delaware 6798 20-2442381
Casa/Sierra California Associates, L.L.C. Delaware 6798 36-4572017
CFG 2115 Woodstock Place LLC Delaware 6798 26-1123970
Champaign Williamson Franklin, L.L.C. Delaware 6798 36-4769741
Chardon Ohio Property Holdings, L.L.C. Delaware 6798 37-1762860
Chardon Ohio Property, L.L.C. Delaware 6798 61-1722650

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
Chatham Aviv, L.L.C. Delaware 6798 27-0354315
Chippewa Valley, L.L.C. Illinois 6798 36-4065826
CHR Bartow LLC Delaware 6798 26-3708257
CHR Boca Raton LLC Delaware 6798 26-3709390
CHR Bradenton LLC Delaware 6798 26-3710605
CHR Cape Coral LLC Delaware 6798 26-3710052
CHR Fort Myers LLC Delaware 6798 26-3710399
CHR Fort Walton Beach LLC Delaware 6798 26-3708663
CHR Lake Wales LLC Delaware 6798 26-3708893
CHR Lakeland LLC Delaware 6798 26-3708735
CHR Pompano Beach Broward LLC Delaware 6798 26-3710220
CHR Pompano Beach LLC Delaware 6798 26-3709856
CHR Sanford LLC Delaware 6798 26-3709701
CHR Spring Hill LLC Delaware 6798 26-3709633
CHR St. Pete Bay LLC Delaware 6798 26-3709236
CHR St. Pete Egret LLC Delaware 6798 26-3708588
CHR Tampa Carrollwood LLC Delaware 6798 26-3709502
CHR Tampa LLC Delaware 6798 26-3710161
CHR Tarpon Springs LLC Delaware 6798 26-3708823
CHR Titusville LLC Delaware 6798 26-3709919
Clarkston Care, L.L.C. Delaware 6798 76-0802028
Clayton Associates, L.L.C. New Mexico 6798 36-4572014
Colonial Gardens, LLC Ohio 6798 26-0110549
Colonial Madison Associates, L.L.C. Delaware 6798 38-3741678
Colorado Lessor - Conifer, LLC Maryland 6798 32-0008069
Columbus Texas Aviv, L.L.C. Delaware 6798 38-3735473
Columbus Western Avenue, L.L.C. Delaware 6798 71-0960205
Colville Washington Property, L.L.C. Delaware 6798 35-2521805
Commerce Nursing Homes, L.L.C. Illinois 6798 36-4122632
Commerce Sterling Hart Drive, L.L.C. Delaware 6798 27-5458991
Conroe Rigby Owen Road, L.L.C. Delaware 6798 27-5458820
CR Aviv, L.L.C. Delaware 6798 20-5354773
Crete Plus Five Property, L.L.C. Delaware 6798 30-0855110
Crooked River Road, L.L.C. Delaware 6798 27-5081057
CSE Albany LLC Delaware 6798 20-5885886
CSE Amarillo LLC Delaware 6798 20-5862752
CSE Arden L.P. Delaware 6798 20-5888680
CSE Augusta LLC Delaware 6798 20-5885921
CSE Bedford LLC Delaware 6798 20-5886082
CSE Blountville LLC Delaware 6798 20-8295288
CSE Bolivar LLC Delaware 6798 20-8295024
CSE Cambridge LLC Delaware 6798 20-5886976
CSE Cambridge Realty LLC Delaware 6798 20-5959318
CSE Camden LLC Delaware 6798 20-8295066
CSE Canton LLC Delaware 6798 20-5887312
CSE Casablanca Holdings II LLC Delaware 6798 26-0595183
CSE Casablanca Holdings LLC Delaware 6798 20-8724466
CSE Cedar Rapids LLC Delaware 6798 20-5884941
CSE Centennial Village, LP Delaware 6798 20-6974959
CSE Chelmsford LLC Delaware 6798 20-5920451
CSE Chesterton LLC Delaware 6798 20-5885195
CSE Claremont LLC Delaware 6798 20-5883891
CSE Corpus North LLC Delaware 6798 20-5186415
CSE Denver Iliff LLC Delaware 6798 20-8037772
CSE Denver LLC Delaware 6798 20-5884311
CSE Douglas LLC Delaware 6798 20-5883761

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
CSE Elkton LLC Delaware 6798 20-5887006
CSE Elkton Realty LLC Delaware 6798 20-5959253
CSE Fairhaven LLC Delaware 6798 20-8281491
CSE Fort Wayne LLC Delaware 6798 20-5885125
CSE Frankston LLC Delaware 6798 20-5862947
CSE Georgetown LLC Delaware 6798 20-5886126
CSE Green Bay LLC Delaware 6798 20-5888029
CSE Hilliard LLC Delaware 6798 20-5887347
CSE Huntingdon LLC Delaware 6798 20-8295191
CSE Huntsville LLC Delaware 6798 20-5887764
CSE Indianapolis-Continental LLC Delaware 6798 20-5885046
CSE Indianapolis-Greenbriar LLC Delaware 6798 20-5885096
CSE Jacinto City LLC Delaware 6798 20-5186519
CSE Jefferson City LLC Delaware 6798 20-8295101
CSE Jeffersonville-Hillcrest Center LLC Delaware 6798 20-5885261
CSE Jeffersonville-Jennings House LLC Delaware 6798 20-5885346
CSE Kerrville LLC Delaware 6798 20-8684872
CSE King L.P. Delaware 6798 20-5888725
CSE Kingsport LLC Delaware 6798 20-5887736
CSE Knightdale L.P. Delaware 6798 20-5888653
CSE Lake City LLC Delaware 6798 20-5863259
CSE Lake Worth LLC Delaware 6798 20-5863173
CSE Lakewood LLC Delaware 6798 20-5884352
CSE Las Vegas LLC Delaware 6798 20-5887216
CSE Lawrenceburg LLC Delaware 6798 20-5887802
CSE Lenoir L.P. Delaware 6798 20-5888528
CSE Lexington Park LLC Delaware 6798 20-5886951
CSE Lexington Park Realty LLC Delaware 6798 20-5959280
CSE Ligonier LLC Delaware 6798 20-5885484
CSE Live Oak LLC Delaware 6798 20-5863086
CSE Lowell LLC Delaware 6798 20-5885381
CSE Marianna Holdings LLC Delaware 6798 20-1411422
CSE Memphis LLC Delaware 6798 20-8295130
CSE Mobile LLC Delaware 6798 20-5883572
CSE Moore LLC Delaware 6798 20-5887574
CSE North Carolina Holdings I LLC Delaware 6798 20-5888397
CSE North Carolina Holdings II LLC Delaware 6798 20-5888430
CSE Omro LLC Delaware 6798 20-5887998
CSE Orange Park LLC Delaware 6798 20-5863371
CSE Orlando-Pinar Terrace Manor LLC Delaware 6798 20-5863043
CSE Orlando-Terra Vista Rehab LLC Delaware 6798 20-5863223
CSE Pennsylvania Holdings, LP Delaware 6798 20-6974946
CSE Piggott LLC Delaware 6798 20-5883659
CSE Pilot Point LLC Delaware 6798 20-5862827
CSE Pine View LLC Delaware 6798 20-5398686
CSE Ponca City LLC Delaware 6798 20-5887495
CSE Port St. Lucie LLC Delaware 6798 20-5863294
CSE Richmond LLC Delaware 6798 20-5885427
CSE Ripley LLC Delaware 6798 20-8295238
CSE Ripon LLC Delaware 6798 26-0480886
CSE Safford LLC Delaware 6798 20-5883807
CSE Salina LLC Delaware 6798 20-5885669
CSE Seminole LLC Delaware 6798 20-5887615
CSE Shawnee LLC Delaware 6798 20-5887524
CSE Spring Branch LLC Delaware 6798 20-5186484
CSE Stillwater LLC Delaware 6798 20-5887548
CSE Taylorsville LLC Delaware 6798 20-5886196

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
CSE Texarkana LLC Delaware 6798 20-5862880
CSE Texas City LLC Delaware 6798 20-5862791
CSE The Village LLC Delaware 6798 20-5186550
CSE Upland LLC Delaware 6798 20-5891148
CSE Walnut Cove L.P. Delaware 6798 20-5888502
CSE West Point LLC Delaware 6798 20-5887119
CSE Whitehouse LLC Delaware 6798 20-8294979
CSE Williamsport LLC Delaware 6798 26-0480953
CSE Winter Haven LLC Delaware 6798 20-5863327
CSE Woodfin L.P. Delaware 6798 20-5888619
CSE Yorktown LLC Delaware 6798 20-5885163
Cuyahoga Falls Property, L.L.C. Delaware 6798 35-2419468
Dallas Two Property, L.L.C. Delaware 6798 61-1746734
Danbury ALF Property, L.L.C. Delaware 6798 27-4083747
Darien ALF Property, L.L.C. Delaware 6798 30-0694838
Delta Investors I, LLC Maryland 6798 54-2112455
Delta Investors II, LLC Maryland 6798 54-2112456
Denison Texas, L.L.C. Delaware 6798 32-0173170
Desert Lane LLC Delaware 6798 20-3098022
Dixie White House Nursing Home, LLC Mississippi 6798 59-3738671
Dixon Health Care Center, LLC Ohio 6798 34-1509772
East Rollins Street, L.L.C. Delaware 6798 38-3838004
Edgewood Drive Property, L.L.C. Delaware 6798 32-0405276
Effingham Associates, L.L.C. Illinois 6798 36-4150491
Elite Mattoon, L.L.C. Delaware 6798 36-4454111
Elite Yorkville, L.L.C. Delaware 6798 36-4454114
Encanto Senior Care, LLC Arizona 6798 20-1669755
Falcon Four Property Holding, L.L.C. Delaware 6798 46-3986352
Falcon Four Property, L.L.C. Delaware 6798 30-0794160
Falfurrias Texas, L.L.C. Delaware 6798 61-1501714
Florida ALF Properties, L.L.C. Delaware 6798 32-0417622
Florida Four Properties, L.L.C. Delaware 6798 35-2456486
Florida Lessor – Meadowview, LLC Maryland 6798 56-2398721
Florida Real Estate Company, LLC Florida 6798 20-1458431
Fort Stockton Property, L.L.C. Delaware 6798 38-3918639
Four Fountains Aviv, L.L.C. Delaware 6798 36-4601434
Fredericksburg South Adams Street, L.L.C. Delaware 6798 27-5459311
Freewater Oregon, L.L.C. Delaware 6798 36-2280966
Fullerton California, L.L.C. Delaware 6798 36-4480527
G&L Gardens, LLC Arizona 6798 95-4639695
Gardnerville Property, L.L.C. Delaware 6798 37-1657201
Georgia Lessor - Bonterra/Parkview, LLC Maryland 6798 16-1650494
Germantown Property, L.L.C. Delaware 6798 45-4444655
Giltex Care, L.L.C. Delaware 6798 36-4572036
Glendale NH Property, L.L.C. Delaware 6798 61-1686455
Golden Hill Real Estate Company, LLC California 6798 71-0976967
Gonzales Texas Property, L.L.C. Delaware 6798 32-0403901
Great Bend Property, L.L.C. Delaware 6798 27-3971138
Greenbough, LLC Delaware 6798 27-0258266
Greenville Kentucky Property, L.L.C. Delaware 6798 30-0838127
Heritage Monterey Associates, L.L.C. Illinois 6798 36-4056688
HHM Aviv, L.L.C. Delaware 6798 32-0205746
Hidden Acres Property, L.L.C. Delaware 6798 27-2457250
Highland Leasehold, L.L.C. Delaware 6798 20-2873499
Hobbs Associates, L.L.C. Illinois 6798 36-4177337
Hot Springs Atrium Owner, LLC Delaware 6798 47-1359052
Hot Springs Aviv, L.L.C. Delaware 6798 30-0470700

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
Hot Springs Cottages Owner, LLC Delaware 6798 47-1371567
Hot Springs Marina Owner, LLC Delaware 6798 47-1461931
Houston Texas Aviv, L.L.C. Delaware 6798 36-4587739
Hutchinson Kansas, L.L.C. Delaware 6798 51-0559326
Hutton I Land, LLC Ohio 6798 20-1914403
Hutton II Land, LLC Ohio 6798 20-1914470
Hutton III Land, LLC Ohio 6798 20-1914529
Idaho Associates, L.L.C. Illinois 6798 36-4114446
Illinois Missouri Properties, L.L.C. Delaware 6798 35-2520792
Indiana Lessor – Wellington Manor, LLC Maryland 6798 32-0008064
Iowa Lincoln County Property, L.L.C. Delaware 6798 45-4445450
Jasper Springhill Street, L.L.C. Delaware 6798 27-5458704
Kansas Five Property, L.L.C. Delaware 6798 36-1647542
Karan Associates Two, L.L.C. Delaware 6798 61-1514965
Karan Associates, L.L.C. Delaware 6798 11-3747208
Karissa Court Property, L.L.C. Delaware 6798 38-3923400
KB Northwest Associates, L.L.C. Delaware 6798 36-4572027
Kentucky NH Properties, L.L.C. Delaware 6798 61-1730147
Kingsville Texas, L.L.C. Delaware 6798 37-1522939
LAD I Real Estate Company, LLC Delaware 6798 20-1454154
Leatherman 90-1, LLC Ohio 6798 20-1914625
Leatherman Partnership 89-1, LLC Ohio 6798 34-1656489
Leatherman Partnership 89-2, LLC Ohio 6798 34-1656491
Louisville Dutchmans Property, L.L.C. Delaware 6798 61-1715555
Magnolia Drive Property, L.L.C. Delaware 6798 30-0793756
Manor Associates, L.L.C. Delaware 6798 36-4572020
Mansfield Aviv, L.L.C. Delaware 6798 32-0183852
Massachusetts Nursing Homes, L.L.C. Delaware 6798 20-2873416
McCarthy Street Property, L.L.C. Delaware 6798 38-3855495
Meridian Arms Land, LLC Ohio 6798 20-1914864
Minnesota Associates, L.L.C. Delaware 6798 36-4469552
Mishawaka Property, L.L.C. Delaware 6798 36-4734067
Missouri Associates, L.L.C. Delaware 6798 36-4572033
Missouri Regency Associates, L.L.C. Delaware 6798 36-4572031
Montana Associates, L.L.C. Illinois 6798 36-4149849
Monterey Park Leasehold Mortgage, L.L.C. Delaware 6798 32-0267202
Mount Washington Property, L.L.C. Delaware 6798 45-5010153
Mt. Vernon Texas, L.L.C. Delaware 6798 35-2270167
Murray County, L.L.C. Delaware 6798 36-4708756
Muscatine Toledo Properties, L.L.C. Delaware 6798 36-4777497
N.M. Bloomfield Three Plus One Limited Company New Mexico 6798 74-2748292
N.M. Espanola Three Plus One Limited Company New Mexico 6798 74-2748289
N.M. Lordsburg Three Plus One Limited Company New Mexico 6798 74-2748286
N.M. Silver City Three Plus One Limited Company New Mexico 6798 74-2748283
New Hope Property, L.L.C. Delaware 6798 61-1720871
Newtown ALF Property, L.L.C. Delaware 6798 27-4083571
Nicholasville Kentucky Property, L.L.C. Delaware 6798 46-5411821
North Las Vegas LLC Delaware 6798 20-3098036
North Royalton Ohio Property, L.L.C. Delaware 6798 37-1729308
Norwalk ALF Property, L.L.C. Delaware 6798 27-4083805
NRS Ventures, L.L.C. Delaware 6798 38-4236118
Oakland Nursing Homes, L.L.C. Delaware 6798 36-4572018
Ocean Springs Nursing Home, LLC Mississippi 6798 58-2635823
October Associates, L.L.C. Delaware 6798 36-4572030
Ogden Associates, L.L.C. Delaware 6798 36-4412291
OHI (Connecticut), LLC Connecticut 6798 06-1552120
OHI (Illinois), LLC Illinois 6798 47-3264182

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
OHI (Indiana), LLC Indiana 6798 38-3568359
OHI (Iowa), LLC Iowa 6798 38-3377918
OHI Asset (AR) Ash Flat, LLC Delaware 6798 46-3670959
OHI Asset (AR) Camden, LLC Delaware 6798 46-3672608
OHI Asset (AR) Conway, LLC Delaware 6798 61-1721332
OHI Asset (AR) Des Arc, LLC Delaware 6798 46-3691025
OHI Asset (AR) Hot Springs, LLC Delaware 6798 80-0951655
OHI Asset (AR) Malvern, LLC Delaware 6798 46-3719491
OHI Asset (AR) Mena, LLC Delaware 6798 38-3915930
OHI Asset (AR) Pocahontas, LLC Delaware 6798 46-3728913
OHI Asset (AR) Sheridan, LLC Delaware 6798 46-3739623
OHI Asset (AR) Walnut Ridge, LLC Delaware 6798 46-3751920
OHI Asset (AZ) Austin House, LLC Delaware 6798 46-4385050
OHI Asset (CA), LLC Delaware 6798 04-3759925
OHI Asset (CO), LLC Delaware 6798 84-1706510
OHI Asset (CT) Lender, LLC Delaware 6798 75-3205111
OHI Asset (FL) Eustis, LLC Delaware 6798 61-1773617
OHI Asset (FL) Lake Placid, LLC Delaware 6798 46-3827043
OHI Asset (FL) Lender, LLC Delaware 6798 27-4450390
OHI Asset (FL) Lutz, LLC Delaware 6798 30-0858827
OHI Asset (FL) Pensacola - Hillview, LLC Delaware 6798 36-4821441
OHI Asset (FL), LLC Delaware 6798 13-4225158
OHI Asset (GA) Dunwoody, LLC Delaware 6798 30-0869546
OHI Asset (GA) Macon, LLC Delaware 6798 47-1027224
OHI Asset (GA) Moultrie, LLC Delaware 6798 46-4254981
OHI Asset (GA) Roswell, LLC Delaware 6798 36-4808609
OHI Asset (GA) Snellville, LLC Delaware 6798 46-4259685
OHI Asset (ID) Holly, LLC Delaware 6798 46-4268973
OHI Asset (ID) Midland, LLC Delaware 6798 46-4279515
OHI Asset (ID), LLC Delaware 6798 04-3759931
OHI Asset (IL), LLC Delaware 6798 14-1951802
OHI Asset (IN) American Village, LLC Delaware 6798 46-0985915
OHI Asset (IN) Anderson, LLC Delaware 6798 46-0989235
OHI Asset (IN) Beech Grove, LLC Delaware 6798 46-1000956
OHI Asset (IN) Clarksville, LLC Delaware 6798 46-1011127
OHI Asset (IN) Clinton, LLC Delaware 6798 46-4095764
OHI Asset (IN) Connersville, LLC Delaware 6798 46-4289202
OHI Asset (IN) Crown Point, LLC Delaware 6798 46-1738072
OHI Asset (IN) Eagle Valley, LLC Delaware 6798 46-1021612
OHI Asset (IN) Elkhart, LLC Delaware 6798 46-1035197
OHI Asset (IN) Forest Creek, LLC Delaware 6798 46-1040435
OHI Asset (IN) Fort Wayne, LLC Delaware 6798 46-1050897
OHI Asset (IN) Franklin, LLC Delaware 6798 46-1062818
OHI Asset (IN) Greensburg, LLC Delaware 6798 38-3879137
OHI Asset (IN) Indianapolis, LLC Delaware 6798 36-4736441
OHI Asset (IN) Jasper, LLC Delaware 6798 46-4100999
OHI Asset (IN) Kokomo, LLC Delaware 6798 46-1071289
OHI Asset (IN) Lafayette, LLC Delaware 6798 46-1085161
OHI Asset (IN) Madison, LLC Delaware 6798 46-1745924
OHI Asset (IN) Monticello, LLC Delaware 6798 46-1090601
OHI Asset (IN) Noblesville, LLC Delaware 6798 46-1103366
OHI Asset (IN) Rosewalk, LLC Delaware 6798 46-1116285
OHI Asset (IN) Salem, LLC Delaware 6798 46-4111473
OHI Asset (IN) Seymour, LLC Delaware 6798 46-4133715
OHI Asset (IN) Spring Mill, LLC Delaware 6798 46-1120573
OHI Asset (IN) Terre Haute, LLC Delaware 6798 46-1140102
OHI Asset (IN) Wabash, LLC Delaware 6798 38-3879151

 

     
Table of Contents      

 

Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
OHI Asset (IN) Westfield, LLC Delaware 6798 32-0381277
OHI Asset (IN) Zionsville, LLC Delaware 6798 46-1152307
OHI Asset (LA) Baton Rouge, LLC Delaware 6798 37-1785874
OHI Asset (LA), LLC Delaware 6798 04-3759935
OHI Asset (MD), LLC Delaware 6798 45-2611748
OHI Asset (MI) Heather Hills, LLC Delaware 6798 46-1515395
OHI Asset (MI), LLC Delaware 6798 27-3378345
OHI Asset (MO), LLC Delaware 6798 04-3759939
OHI Asset (MS) Byhalia, LLC Delaware 6798 46-4298734
OHI Asset (MS) Cleveland, LLC Delaware 6798 36-4774986
OHI Asset (MS) Clinton, LLC Delaware 6798 80-0965657
OHI Asset (MS) Columbia, LLC Delaware 6798 46-4340609
OHI Asset (MS) Corinth, LLC Delaware 6798 46-4351222
OHI Asset (MS) Greenwood, LLC Delaware 6798 46-4361245
OHI Asset (MS) Grenada, LLC Delaware 6798 46-4376223
OHI Asset (MS) Holly Springs, LLC Delaware 6798 38-3921178
OHI Asset (MS) Indianola, LLC Delaware 6798 90-1036275
OHI Asset (MS) Natchez, LLC Delaware 6798 46-4384987
OHI Asset (MS) Picayune, LLC Delaware 6798 90-1036523
OHI Asset (MS) Vicksburg, LLC Delaware 6798 90-1036559
OHI Asset (MS) Yazoo City, LLC Delaware 6798 38-3921461
OHI Asset (NC) Wadesboro, LLC Delaware 6798 35-2492230
OHI Asset (NY) 2nd Avenue, LLC Delaware 6798 30-0874937
OHI Asset (NY) 93rd Street, LLC Delaware 6798 32-0470120
OHI Asset (OH) Lender, LLC Delaware 6798 51-0529744
OHI Asset (OH), LLC Delaware 6798 04-3759938
OHI Asset (OR) Portland, LLC Delaware 6798 30-0805633
OHI Asset (OR) Troutdale, LLC Delaware 6798 47-2564223
OHI Asset (PA) GP, LLC Delaware 6798 47-2553542
OHI Asset (PA) West Mifflin, LP Delaware 6798 30-0852028
OHI Asset (PA), LLC Delaware 6798 90-0137715
OHI Asset (PA), LP Maryland 6798 54-6643405
OHI Asset (SC) Aiken, LLC Delaware 6798 46-4426281
OHI Asset (SC) Anderson, LLC Delaware 6798 46-4455254
OHI Asset (SC) Easley Anne, LLC Delaware 6798 46-4475177
OHI Asset (SC) Easley Crestview, LLC Delaware 6798 46-4489507
OHI Asset (SC) Edgefield, LLC Delaware 6798 46-4494366
OHI Asset (SC) Greenville Griffith, LLC Delaware 6798 46-4510885
OHI Asset (SC) Greenville Laurens, LLC Delaware 6798 46-4524387
OHI Asset (SC) Greenville North, LLC Delaware 6798 46-4538349
OHI Asset (SC) Greenville, LLC Delaware 6798 47-1053139
OHI Asset (SC) Greer, LLC Delaware 6798 46-4551649
OHI Asset (SC) Marietta, LLC Delaware 6798 46-4569172
OHI Asset (SC) McCormick, LLC Delaware 6798 46-4597938
OHI Asset (SC) Orangeburg, LLC Delaware 6798 47-1034331
OHI Asset (SC) Pickens East Cedar, LLC Delaware 6798 46-4613823
OHI Asset (SC) Pickens Rosemond, LLC Delaware 6798 46-4629569
OHI Asset (SC) Piedmont, LLC Delaware 6798 46-4640288
OHI Asset (SC) Simpsonville SE Main, LLC Delaware 6798 46-4682098
OHI Asset (SC) Simpsonville West Broad, LLC Delaware 6798 46-4695995
OHI Asset (SC) Simpsonville West Curtis, LLC Delaware 6798 46-4712666
OHI Asset (TN) Bartlett, LLC Delaware 6798 46-4727889
OHI Asset (TN) Collierville, LLC Delaware 6798 46-4738239
OHI Asset (TN) Jefferson City, LLC Delaware 6798 61-1750374
OHI Asset (TN) Memphis, LLC Delaware 6798 46-4750926
OHI Asset (TN) Rogersville, LLC Delaware 6798 38-3954783
OHI Asset (TX) Anderson, LLC Delaware 6798 46-4764905

 

     
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Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
OHI Asset (TX) Bryan, LLC Delaware 6798 46-4781488
OHI Asset (TX) Burleson, LLC Delaware 6798 46-4795498
OHI Asset (TX) College Station, LLC Delaware 6798 46-4805289
OHI Asset (TX) Comfort, LLC Delaware 6798 46-4815908
OHI Asset (TX) Diboll, LLC Delaware 6798 46-4843528
OHI Asset (TX) Granbury, LLC Delaware 6798 46-4852513
OHI Asset (TX) Hondo, LLC Delaware 6798 46-1346058
OHI Asset (TX) Italy, LLC Delaware 6798 46-4873054
OHI Asset (TX) Winnsboro, LLC Delaware 6798 46-4881288
OHI Asset (TX), LLC Delaware 6798 04-3759927
OHI Asset (UT) Ogden, LLC Delaware 6798 46-4903181
OHI Asset (UT) Provo, LLC Delaware 6798 46-4915063
OHI Asset (UT) Roy, LLC Delaware 6798 46-4931511
OHI Asset (VA) Charlottesville, LLC Delaware 6798 46-4945417
OHI Asset (VA) Farmville, LLC Delaware 6798 46-4955482
OHI Asset (VA) Hillsville, LLC Delaware 6798 46-4987367
OHI Asset (VA) Martinsville SNF, LLC Delaware 6798 37-1791389
OHI Asset (VA) Rocky Mount, LLC Delaware 6798 46-5002710
OHI Asset (WA) Battle Ground, LLC Delaware 6798 46-5006928
OHI Asset (WA) Fort Vancouver, LLC Delaware 6798 36-4817415
OHI Asset (WV) Danville, LLC Delaware 6798 47-1084194
OHI Asset (WV) Ivydale, LLC Delaware 6798 47-1112048
OHI Asset CHG ALF, LLC Delaware 6798 38-3945599
OHI Asset CSB LLC Delaware 6798 27-2820083
OHI Asset CSE-E Subsidiary, LLC Delaware 6798 61-1756267
OHI Asset CSE-E, LLC Delaware 6798 27-1675861
OHI Asset CSE-U Subsidiary, LLC Delaware 6798 32-0459385
OHI Asset CSE-U, LLC Delaware 6798 27-1675768
OHI Asset HUD CFG, LLC Delaware 6798 45-3662151
OHI Asset HUD Delta, LLC Delaware 6798 27-1895030
OHI Asset HUD H-F, LLC Delaware 6798 27-1894893
OHI Asset HUD SF CA, LLC Delaware 6798 46-1251365
OHI Asset HUD SF, LLC Delaware 6798 80-0830116
OHI Asset HUD WO, LLC Delaware 6798 45-2379675
OHI Asset II (CA), LLC Delaware 6798 20-1000879
OHI Asset II (FL), LLC Delaware 6798 27-1813906
OHI Asset II (PA), LP Maryland 6798 84-6390330
OHI Asset III (PA), LP Maryland 6798 84-6390331
OHI Asset IV (PA) Silver Lake, LP Maryland 6798 80-6146794
OHI Asset Management, LLC Delaware 6798 36-4798979
OHI Asset RO PMM Services, LLC Delaware 6798 46-4309941
OHI Asset RO, LLC Delaware 6798 90-1018980
OHI Asset, LLC Delaware 6798 32-0079270
OHI Healthcare Properties Holdco, Inc. Delaware 6798 47-2148273
OHI Healthcare Properties Limited Partnership Delaware 6798 36-4796206
OHI Mezz Lender, LLC Delaware 6798 46-3201249
OHI Tennessee, LLC Maryland 6798 38-3509157
OHIMA, LLC Massachusetts 6798 06-1552118
Ohio Aviv Three, L.L.C. Delaware 6798 27-5082021
Ohio Aviv Two, L.L.C. Delaware 6798 27-5081906
Ohio Aviv, L.L.C. Delaware 6798 36-4597043
Ohio Indiana Property, L.L.C. Delaware 6798 36-4764623
Ohio Pennsylvania Property, L.L.C. Delaware 6798 32-0350654
Oklahoma Two Property, L.L.C. Delaware 6798 37-1695177
Oklahoma Warr Wind, L.L.C. Delaware 6798 38-3886603
Omaha Associates, L.L.C. Delaware 6798 36-4572019
Omega TRS I, Inc. Maryland 6798 38-3587540

 

     
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Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
Orange ALF Property, L.L.C. Delaware 6798 27-4083471
Orange Village Care Center, LLC Ohio 6798 34-1321728
Orange, L.L.C. Illinois 6798 36-4095365
Oregon Associates, L.L.C. Delaware 6798 36-4572024
Oso Avenue Property, L.L.C. Delaware 6798 30-0767014
Ostrom Avenue Property, L.L.C. Delaware 6798 32-0457123
Palm Valley Senior Care, LLC Arizona 6798 75-3153681
Panama City Nursing Center LLC Delaware 6798 20-2568041
Pavillion North Partners, LLC Pennsylvania 6798 47-3255261
Pavillion North, LLP Pennsylvania 6798 75-3202956
Pavillion Nursing Center North, LLC Pennsylvania 6798 47-3259540
Peabody Associates Two, L.L.C. Delaware 6798 27-5346222
Peabody Associates, L.L.C. Delaware 6798 36-4572029
Pennington Road Property, L.L.C. Delaware 6798 36-4768380
Pensacola Real Estate Holdings I, LLC Florida 6798 59-3667935
Pensacola Real Estate Holdings II, LLC Florida 6798 59-3667937
Pensacola Real Estate Holdings III, LLC Florida 6798 59-3667939
Pensacola Real Estate Holdings IV, LLC Florida 6798 59-3667940
Pensacola Real Estate Holdings V, LLC Florida 6798 59-3667941
Pocatello Idaho Property, L.L.C. Delaware 6798 35-2449870
Pomona Vista L.L.C. Illinois 6798 36-4111095
Prescott Arkansas, L.L.C. Delaware 6798 04-3835264
PV Realty-Willow Tree, LLC Maryland 6798 27-0328038
Raton Property Limited Company New Mexico 6798 36-4111094
Ravenna Ohio Property, L.L.C. Delaware 6798 61-1692048
Red Rocks, L.L.C. Illinois 6798 36-4192351
Richland Washington, L.L.C. Delaware 6798 26-0081509
Ridgecrest Senior Care, LLC Arizona 6798 20-1998988
Riverside Nursing Home Associates Two, L.L.C. Delaware 6798 27-3524946
Riverside Nursing Home Associates, L.L.C. Delaware 6798 36-4340184
Rockingham Drive Property, L.L.C. Delaware 6798 35-2485732
Rose Baldwin Park Property L.L.C. Illinois 6798 36-4111092
S.C. Portfolio Property, L.L.C.    Delaware 6798 32-0457621
Salem Associates, L.L.C. Delaware 6798 36-4572028
San Juan NH Property, LLC Delaware 6798 11-3714511
Sandalwood Arkansas Property, L.L.C. Delaware 6798 61-1665105
Santa Ana-Bartlett, L.L.C. Illinois 6798 36-4212739
Santa Fe Missouri Associates, L.L.C. Illinois 6798 36-4165126
Savoy/Bonham Venture, L.L.C. Delaware 6798 36-4572026
Searcy Aviv, L.L.C. Delaware 6798 38-3779442
Sedgwick Properties, L.L.C. Delaware 6798 36-4694767
Seguin Texas Property, L.L.C. Delaware 6798 35-2456377
Sierra Ponds Property, L.L.C. Delaware 6798 38-3888430
Skyler Boyington, LLC Mississippi 6798 42-1572543
Skyler Florida, LLC Mississippi 6798 64-0821299
Skyler Maitland LLC Delaware 6798 20-3888672
Skyler Pensacola, LLC Florida 6798 59-3561064
Skyview Associates, L.L.C. Delaware 6798 36-4572023
Southeast Missouri Property, L.L.C. Delaware 6798 27-3502072
Southern California Nevada, L.L.C. Delaware 6798 30-0705746
St. Joseph Missouri Property, L.L.C. Delaware 6798 36-4597042
St. Mary’s Properties, LLC Ohio 6798 20-1914905
Star City Arkansas, L.L.C. Delaware 6798 43-2089308
Stephenville Texas Property, L.L.C. Delaware 6798 46-5421870
Sterling Acquisition, LLC Kentucky 6798 38-3207992
Stevens Avenue Property, L.L.C. Delaware 6798 35-2446030
Sun-Mesa Properties, L.L.C. Illinois 6798 36-4047650

 

     
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Exact name of registrant as
specified in its charter (1)
State or other
jurisdiction of
formation
Primary Standard
Industrial
Classification Code No.

I.R.S. Employer
Identification No.
Suwanee, LLC Delaware 6798 20-5223977
Texas Fifteen Property, L.L.C. Delaware 6798 35-2437626
Texas Four Property, L.L.C. Delaware 6798 46-5459201
Texas Lessor – Stonegate GP, LLC Maryland 6798 32-0008071
Texas Lessor – Stonegate, Limited, LLC Maryland 6798 32-0008072
Texas Lessor – Stonegate, LP Maryland 6798 32-0008073
Texhoma Avenue Property, L.L.C. Delaware 6798 35-2470607
The Suburban Pavilion, LLC Ohio 6798 34-1035431
Tujunga, L.L.C. Delaware 6798 36-4389732
Tulare County Property, L.L.C. Delaware 6798 46-5446413
VRB Aviv, L.L.C. Delaware 6798 76-0802032
Washington Idaho Property, L.L.C. Delaware 6798 61-1743318
Washington Lessor – Silverdale, LLC Maryland 6798 56-2386887
Washington-Oregon Associates, L.L.C. Illinois 6798 36-4192347
Watauga Associates, L.L.C. Illinois 6798 36-4163268
Wellington Leasehold, L.L.C. Delaware 6798 27-3971187
West Pearl Street, L.L.C. Delaware 6798 81-0637081
West Yarmouth Property I, L.L.C. Delaware 6798 46-5495346
Westerville Ohio Office Property, L.L.C. Delaware 6798 32-0452280
Wheeler Healthcare Associates, L.L.C. Texas 6798 74-2752353
Whitlock Street Property, L.L.C. Delaware 6798 32-0419832
Wilcare, LLC Ohio 6798 26-0110550
Willis Texas Aviv, L.L.C. Delaware 6798 37-1522942
Yuba Aviv, L.L.C. Delaware 6798 11-3750228

 

(1) Address, including zip code, and telephone number, including area code, of the principal executive offices of each subsidiary guarantor listed in Schedule A is c/o Omega Healthcare Investors, Inc., 200 International Circle, Suite 3500, Hunt Valley, Maryland, 21030 and the telephone number is (410) 427-1700.

 

     
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The information in this prospectus is not complete and may be changed. We may not exchange these securities until the registration statement filed with the Securities and Exchange Commission is effective. The prospectus is not an offer to exchange these securities and is not soliciting an offer to exchange these securities in any state where the offer or sale is not permitted.

 

Subject to completion, dated November 12, 2015

 

 

Omega Healthcare Investors, Inc.

Exchange Offer

$600,000,000 5.250% Senior Notes due 2026

for $600,000,000 5.250% Senior Notes due 2026

that have been registered under the Securities Act of 1933

_____________________________

 

We are offering, upon the terms and subject to the conditions set forth in this prospectus and the accompanying letter of transmittal, to exchange an aggregate principal amount of up to $600,000,000 of our new 5.250% Senior Notes due 2026, which we refer to as the exchange notes, for all of our outstanding unregistered 5.250% Senior Notes due 2026, which we refer to as the initial notes, in a transaction registered under the Securities Act of 1933, as amended, which we refer to as the Securities Act. We collectively refer to the initial notes and the exchange notes as the notes.  We refer to the offer described in this prospectus to exchange the initial notes for the exchange notes as the exchange offer.

 

The notes are unsecured senior obligations of Omega, and rank equally in right of payment with all of our existing and future unsecured senior debt. The notes are effectively subordinated to all of our and our consolidated subsidiaries' secured indebtedness to the extent of the value of the assets securing such indebtedness, and are structurally subordinated to all existing and future liabilities (including indebtedness, trade payables and lease obligations) of our non-guarantor subsidiaries.

 

The notes are fully and unconditionally guaranteed, jointly and severally, by our existing and future subsidiaries that guarantee indebtedness for money borrowed of Omega Healthcare Investors, Inc., in a principal amount at least equal to $50 million (including our existing senior notes and the facilities under our credit agreement). We refer to our subsidiaries that guarantee the notes as the subsidiary guarantors. The guarantees of the notes are unsecured senior obligations of the subsidiary guarantors and rank equally in right of payment with existing and future unsecured senior debt of the subsidiary guarantors and senior to existing and future subordinated debt of the subsidiary guarantors.  The guarantees are effectively subordinated in right of payment to existing and future secured debt of the subsidiary guarantors to the extent of the value of the assets securing such indebtedness and structurally subordinated to existing and future debt of our non-guarantor subsidiaries.

 

We will exchange all initial notes that are validly tendered and not withdrawn prior to the expiration of the exchange offer. You may withdraw tenders of initial notes at any time prior to the expiration of the exchange offer. The form and terms of the exchange notes are identical in all material respects to the form and terms of the initial notes. We believe that the exchange of initial notes for exchange notes will not be a taxable event for U.S. federal income tax purposes.

 

The exchange offer will expire at 5:00 p.m., New York City time, on               , 2015, unless we extend the offer. We will announce any extension by press release or other permitted means no later than 9:00 a.m. on the business day after the expiration of the exchange offer. If you fail to tender your initial notes, you will continue to hold unregistered securities and your ability to transfer your initial notes could be adversely affected.

 

     
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Any broker-dealer that acquires exchange notes for its own account in exchange for initial notes must represent that the initial notes to be exchanged for the exchange notes were acquired by it as a result of market-making activities or other trading activities and acknowledge that it will deliver a prospectus meeting the requirements of the Securities Act in connection with any offer to resell, resale or other retransfer of the exchange notes. During the period ending 90 days after the consummation of the exchange offer, subject to extension in limited circumstances, a participating broker-dealer may use this prospectus for an offer to sell, a resale or other retransfer of exchange notes received in exchange for initial notes that it acquired through market-making activities or other trading activities. See “The Exchange Offer—Resales of Exchange Notes.”

 

No public market currently exists for the exchange notes. We do not intend to apply for listing of the exchange notes on the New York Stock Exchange or any other securities exchange.

 

For a discussion of factors you should consider in determining whether to tender your initial notes, see “Risk Factors” beginning on page 11 of this prospectus.

_____________________________

 

We are not asking you for a proxy, and you are requested not to send us a proxy.

 

Neither the Securities and Exchange Commission, which we refer to as the SEC, nor any state securities commission has approved or disapproved of these securities, or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

_____________________________

 

The date of this prospectus is                   , 2015.

 

     
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We have not authorized anyone to give any information or to make any representations concerning this exchange offer except the information and representations that are in this prospectus, or referred to under “Where You Can Find More Information.”  If anyone gives or makes any other information or representation, you should not rely on it.  This prospectus is not an offer to sell or a solicitation of an offer to buy securities in any circumstances in which the offer or solicitation is unlawful.  You should not interpret the delivery of this prospectus, or any sale of securities, as an indication that there has been no change in our affairs since the date of this prospectus.  You should also be aware that information in this prospectus may change after this date.

 

This prospectus incorporates by reference business and financial information about us that is not included in or delivered with this prospectus. This information is available without charge upon written or oral request directed to:

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, MD 21030

Attn: Chief Financial Officer

(410) 427-1700

 

If you would like to request copies of these documents, please do so by                   , 2015 (which is five business days before the scheduled expiration of the exchange offer) for delivery prior to the expiration of the exchange offer.

 

     
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OMEGA HEALTHCARE INVESTORS, INC.

EXCHANGE OFFER

 

TABLE OF CONTENTS

  Page
CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS I
PROSPECTUS SUMMARY 1
RISK FACTORS 11
USE OF PROCEEDS 16
THE EXCHANGE OFFER 17
DESCRIPTION OF NOTES 28
CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 45
PLAN OF DISTRIBUTION 50
LEGAL MATTERS 51
EXPERTS 51
INCORPORATION OF DOCUMENTS BY REFERENCE 51
WHERE YOU CAN FIND MORE INFORMATION 52

 

     
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CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS

 

This prospectus and the documents incorporated by reference in this prospectus include forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, which we refer to as the Exchange Act. All statements other than statements of historical facts included in this prospectus and the documents incorporated by reference in this prospectus may constitute forward-looking statements. These statements relate to our expectations, beliefs, intentions, plans, objectives, goals, strategies, future events, performance and underlying assumptions and other statements other than statements of historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology including, but not limited to, terms such as “may,” “will,” “anticipates,” “expects,” “believes,” “intends,” “should” or comparable terms or the negative thereof or variations thereon or similar terminology. These statements are based on information available on the date of this filing and only speak as to the date hereof and no obligation to update such forward-looking statements should be assumed. Our actual results may differ materially from those reflected in the forward-looking statements included or incorporated in this prospectus. These forward-looking statements involve risks and uncertainties that may cause our actual future activities and results of operations to be materially different from those suggested or described in this prospectus. There are a number of factors that could cause our actual results to differ materially from those projected in such forward-looking statements. These factors include, without limitation:

 

· those items discussed under “Risk Factors” herein and under “Risk Factors” in Item 1A to our annual report on Form 10-K, as supplemented from time-to-time in Part II, Item 1A to our quarterly reports on Form 10-Q;

 

· uncertainties relating to the business operations of the operators of our assets, including those relating to reimbursement by third-party payors, regulatory matters and occupancy levels;

 

· the ability of any operators in bankruptcy to reject unexpired lease obligations, modify the terms of our mortgages and impede our ability to collect unpaid rent or interest during the process of a bankruptcy proceeding and retain security deposits for the debtors’ obligations;

 

· our ability to sell closed or foreclosed assets on a timely basis and on terms that allow us to realize the carrying value of these assets;

 

· our ability to negotiate appropriate modifications to the terms of our credit facilities;

 

· our ability to manage, re-lease or sell any owned and operated facilities;

 

· the availability and cost of capital to us;

 

· changes in our credit ratings and the ratings of our debt securities;

 

· competition in the financing of healthcare facilities;

 

· regulatory and other changes in the healthcare sector;

 

· changes in the financial position of our operators;

 

· the effect of economic and market conditions generally and, particularly, in the healthcare industry;

 

· changes in interest rates;

 

· the amount and yield of any additional investments;

 

  i    
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· changes in tax laws and regulations affecting real estate investment trusts, which we refer to as REITs;

 

· the possibility that we will not realize estimated synergies or growth as a result of our merger with Aviv REIT, Inc., which transaction was consummated on April 1, 2015, or that such benefits may take longer to realize than expected; and

 

· our ability to maintain our status as a REIT.

 

Any subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth or referred to above, as well as the risk factors incorporated by reference in this prospectus. Except as required by law, we disclaim any obligation to update such statements or to publicly announce the result of any revisions to any of the forward-looking statements included or incorporated by reference in this prospectus to reflect future events or developments.

 

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PROSPECTUS SUMMARY

 

The following summary highlights certain information contained in this prospectus. Because it is only a summary, it does not contain all of the information you should consider before participating in the exchange offer. You should carefully read this entire prospectus before participating in the exchange offer. In particular, you should read Risk Factors, and our financial statements and the notes relating thereto presented herein and incorporated by reference into this prospectus. Except as otherwise indicated, all references to Omega, Company, ” “ Issuer, we, our, us, and similar terms in this prospectus refer to Omega Healthcare Investors, Inc. together with its subsidiaries through which it operates. Unless otherwise indicated, the non-financial information presented herein is as of the date of this prospectus.

 

Company Overview

 

We are a self-administered real estate investment trust, which we refer to as a REIT, investing in income-producing healthcare facilities, principally long-term care facilities, located in the United States and the United Kingdom. We provide lease or mortgage financing to qualified operators of skilled nursing facilities, which we refer to as SNFs, and, to a lesser extent, assisted living facilities, which we refer to as ALFs, and independent living facilities and rehabilitation and acute care facilities, which we refer to as specialty facilities.

 

We are structured as an umbrella partnership real estate investment trust, which we refer to as an UPREIT. Accordingly, substantially all of our assets are held by OHI Healthcare Properties Limited Partnership, an operating partnership that is a subsidiary of Omega, which we refer to as the Operating Partnership. Omega and a wholly-owned subsidiary of Omega are the general partners of the Operating Partnership and have exclusive control over the Operating Partnership’s day-to-day management. As of September 30, 2015, we owned approximately 95% of the issued and outstanding units of partnership interest of the Operating Partnership, and investors owned approximately 5% of the units.

 

As of September 30, 2015, our portfolio of investments included 947 healthcare facilities located in 42 states and the United Kingdom and operated by 83 third-party operators. We use the term “operator” to refer to our tenants and mortgagees and their affiliates which manage and/or operate our properties. Our portfolio is made up of the following:

 

· 782 SNFs, 85 ALFs, 16 specialty facilities and one medical office building;

 

· Fixed rate and variable mortgages on 56 SNFs and two ALFs; and

 

· Five SNFs closed/held-for-sale.

 

As of September 30, 2015, our gross investments in our portfolio of investments totaled approximately $8.0 billion, with 99% of our real estate investments related to long-term healthcare facilities. In addition, we held miscellaneous other investments of approximately $84.7 million at September 30, 2015, consisting primarily of secured loans to third-party operators of our facilities.

 

 

  1    
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Corporate Information

 

We were incorporated in the State of Maryland on March 31, 1992.  Our principal executive offices are located at 200 International Circle, Suite 3500, Hunt Valley, Maryland 21030, and our telephone number is (410) 427-1700.  Additional information regarding our company is set forth in documents on file with the SEC and incorporated by reference in this prospectus.  See “Incorporation of Documents by Reference” and “Where You Can Find More Information.”

 

Our filings with the SEC, including our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports are accessible free of charge on our website at www.omegahealthcare.com.  Information on our website does not constitute part of this prospectus.

 

 

  2    
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The Exchange Offer

 

On September 23, 2015, we issued an aggregate principal amount of $600,000,000 of 5.250% Senior Notes due 2026 to a group of initial purchasers in reliance on exemptions from, or in transactions not subject to, the registration requirements of the Securities Act and applicable securities laws.  In connection with each sale of the initial notes to the initial purchasers, we entered into a registration rights agreement pursuant to which we agreed, among other things, to deliver this prospectus to you, to commence this exchange offer and to use our commercially reasonable efforts to complete the exchange offer not later than 360 days after the issue date of the initial notes. The summary below describes the principal terms and conditions of the exchange offer.  Some of the terms and conditions described below are subject to important limitations and exceptions.  See “The Exchange Offer” for a more detailed description of the terms and conditions of the exchange offer and “Description of Notes” for a more detailed description of the terms of the exchange notes.

 

The Exchange Offer We are offering to exchange up to $600,000,000 aggregate principal amount of our new 5.250% Senior Notes due 2026, which have been registered under the Securities Act, in exchange for your initial notes.  For each initial note surrendered to us pursuant to the exchange offer, the holder of such initial note will receive an exchange note having a principal amount equal to that of the surrendered initial note.  Exchange notes will only be issued in denominations of $2,000 and integral multiples of $1,000.  The form and terms of the exchange notes will be substantially the same as the form and terms of the surrendered initial notes.  The exchange notes will evidence the same indebtedness as and will replace the initial notes tendered in exchange therefor, and will be issued pursuant to, and entitled to the benefits of, the indenture governing the initial notes.  As of the date of this prospectus, initial notes representing $600,000,000 aggregate principal amount are outstanding.  See “The Exchange Offer.”
   
Resale

Based on interpretations by the staff of the SEC as detailed in a series of no-action letters issued to third parties, we believe that, as long as you are not a broker-dealer, the exchange notes offered in the exchange offer may be offered for resale, resold or otherwise transferred by you without compliance with the registration and prospectus delivery requirements of the Securities Act as long as:

 

·      you are acquiring the exchange notes in the ordinary course of your business;

 

·      you are not participating in, do not intend to participate in and have no arrangement or understanding with any person to participate in a “distribution” of the exchange notes; and

 

·      you are not an “affiliate” of ours within the meaning of Rule 405 of the Securities Act.

 

If any of these conditions is not satisfied and you transfer any exchange notes issued to you in the exchange offer without delivering a proper prospectus or without qualifying for a registration exemption, you may incur liability under the Securities Act. Moreover, our belief that transfers of exchange notes would be permitted without registration or prospectus delivery under the conditions described above is based on SEC interpretations given to other, unrelated issuers in similar exchange offers. We cannot assure you that the SEC would make a similar interpretation with respect to our exchange offer. We will not be responsible for or indemnify you against any liability you may incur under the Securities Act.

 

 

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  Any broker-dealer that acquires exchange notes for its own account in exchange for initial notes must represent that the initial notes to be exchanged for the exchange notes were acquired by it as a result of market-making activities or other trading activities and acknowledge that it will deliver a prospectus meeting the requirements of the Securities Act in connection with any offer to resell, resale or other retransfer of the exchange notes. However, by so acknowledging and by delivering a prospectus, such participating broker-dealer will not be deemed to admit that it is an “underwriter” within the meaning of the Securities Act. During the period ending 90 days after the consummation of the exchange offer, subject to extension in limited circumstances, a participating broker-dealer may use this prospectus for an offer to sell, a resale or other retransfer of exchange notes received in exchange for initial notes that it acquired through market-making activities or other trading activities.  See “The Exchange Offer—Resales of Exchange Notes.”
   
Registration Rights Agreement We sold the initial notes in an offering in reliance on Section 4(2) of the Securities Act. The initial notes issued in the closing were immediately resold by the initial purchasers in reliance on Rule 144A under the Securities Act. In connection with the closing, we entered into a registration rights agreement with the initial purchasers of the initial notes requiring us to make this exchange offer.  See “The Exchange Offer—Purpose and Effect; Registration Rights.”
   
Expiration Date

The exchange offer will expire at 5:00 p.m., New York City time, on               , 2015, unless we extend the expiration date. See “The Exchange Offer—Expiration Date; Extension; Amendments.”

   
Withdrawal You may withdraw your tender of initial notes at any time before the exchange offer expires.  Any initial notes so withdrawn will be deemed not to have been validly tendered for purposes of the exchange offer.  See “The Exchange Offer—Withdrawal Rights.”
   
Interest We will pay interest on the notes twice a year, on each January 15 and July 15.  The exchange notes will accrue interest from the most recent date on which interest has been paid on the initial notes or, if no interest has been paid, from September 23, 2015, the date of issuance of the initial notes. If your initial notes are accepted for exchange, then you will receive interest on the exchange notes and not on the initial notes. Any initial notes not tendered will remain outstanding and continue to accrue interest according to their terms.  Such interest will be computed on the basis of a 360-day year, comprised of twelve 30-day months.
   
Procedures for Tender

Each holder of initial notes that wishes to tender its initial notes must either:

 

·      complete, sign and date the accompanying letter of transmittal or a facsimile copy of the letter of transmittal, have the signatures on the letter of transmittal guaranteed, if required, and deliver the letter of transmittal, together with any other required documents (including the initial notes), to the exchange agent; or

 

·      if initial notes are tendered pursuant to book-entry procedures, the tendering holder must deliver a completed and duly executed letter of transmittal or arrange with The Depository Trust Company, which we refer to as DTC, to cause an agent’s message to be transmitted with the required information (including a book-entry confirmation) to the exchange agent; or

 

 

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·      comply with the procedures described under “The Exchange Offer—Procedures for Tendering Initial Notes—Guaranteed Delivery.”

 

Each holder of initial notes that tenders initial notes in the exchange offer must represent that the following are true:

 

·      the holder is acquiring the exchange notes in the ordinary course of its business;

 

·      the holder is not participating in, does not intend to participate in, and has no arrangement or understanding with any person to participate in a “distribution” of the exchange notes within the meaning of the Securities Act; and

 

·      the holder is not an “affiliate” of us within the meaning of Rule 405 of the Securities Act.

 

Do not send letters of transmittal, certificates representing initial notes or other documents to us or DTC. Send these documents only to the exchange agent at the appropriate address described in this prospectus and in the letter of transmittal. We may reject your tender of initial notes if you tender them in a manner that does not comply with the instructions provided in this prospectus and the letter of transmittal. See “Risk Factors—There are significant consequences if you fail to exchange your initial notes” and “The Exchange Offer—Procedures for Tendering Initial Notes.”

   
Special Procedures for Beneficial Owners

If:

 

·      you beneficially own initial notes;

 

·      those notes are registered in the name of a broker, dealer, commercial bank, trust company or other nominee; and

 

·      you wish to tender your initial notes in the exchange offer;

 

please contact the registered holder as soon as possible and instruct such holder to tender on your behalf and comply with the instructions set forth in this prospectus and the letter of transmittal.

   

Procedures for Guaranteed

Delivery

 

If you hold initial notes in certificated form or if you own initial notes in the form of a book-entry interest in a global note deposited with the trustee, as custodian for DTC, and you wish to tender those initial notes but:

 

·      your initial notes are not immediately available;

 

·      time will not permit you to deliver the required documents to the exchange agent by the expiration date; or

 

·      you cannot complete the procedure for book-entry transfer on time;

 

 

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  you may tender your initial notes pursuant to the procedures described in “The Exchange Offer—Procedures for Tendering Initial Notes—Guaranteed Delivery.”
   
Exchange Agent U.S. Bank National Association is serving as exchange agent in connection with this exchange offer.  The address, telephone number and facsimile number of the exchange agent is set forth under “The Exchange Offer—Exchange Agent.”
   

U.S. Federal Income Tax

Considerations

Generally, a holder of initial notes will not recognize taxable gain or loss on the exchange of initial notes for exchange notes pursuant to the exchange offer. See “Certain Material United States Federal Income Tax Considerations.”
   
Accounting Treatment The exchange notes will be recorded at the same carrying value as the initial notes, as reflected in our accounting records on the date of exchange. Accordingly, we will recognize no gain or loss for accounting purposes upon the closing of the exchange offer. The expenses of the exchange offer will be expensed as incurred.  See “The Exchange Offer—Accounting Treatment.”
   
Use of Proceeds We will not receive any proceeds from the exchange offer or the issuance of the exchange notes.  See “Use of Proceeds.”    
   

Effect on Holders of Initial Notes

 

As a result of making this exchange offer, and upon acceptance for exchange of all validly tendered initial notes, we will have fulfilled our obligations under the registration rights agreement relating to the initial notes.

 

If you do not tender your initial notes or we reject your tender, your initial notes will remain outstanding and will be entitled to the benefits of the indenture governing the initial notes. Under such circumstances, you would not be entitled to any further registration rights under the registration rights agreement, except under limited circumstances. For a more detailed description of our obligation to file a shelf registration statement with respect to the initial notes, see “The Exchange Offer—Purpose and Effect; Registration Rights” and “The Exchange Offer—Consequences of Failure to Exchange Initial Notes.” Existing transfer restrictions would continue to apply to the initial notes if not exchanged in this exchange offer.

 

Any trading market for the initial notes could be adversely affected if some but not all of the initial notes are tendered and accepted in the exchange offer.

 

 

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Description of Exchange Notes

 

The form and terms of the exchange notes will be identical in all material respects to the form and terms of the initial notes, except that the exchange notes:

 

· will have been registered under the Securities Act;

 

· will not bear restrictive legends restricting their transfer under the Securities Act;

 

· will not be entitled to the registration rights that apply to the initial notes; and

 

· will not contain provisions relating to an increase in the interest rate borne by the initial notes under circumstances related to the timing of the exchange offer.

 

The exchange notes represent the same debt as the initial notes and are governed by the same indenture, which is governed by New York law. A brief description of the material terms of the exchange notes follows. You should read “Description of Notes” for further information regarding the exchange notes.

 

Issuer

Omega Healthcare Investors, Inc.

 

Securities Offered

$600,000,000 aggregate principal amount of 5.250% Senior Notes due 2026

 

Maturity

January 15, 2026

 

Interest Rate

5.250% per year (calculated using a 360-day year)

 

Interest Payment Dates

January 15 and July 15. The exchange notes will accrue interest from the most recent date on which interest has been paid on the initial notes or, if no interest has been paid, from September 23, 2015, the date of issuance of the initial notes.  

 

Ranking

The notes are our unsecured senior obligations and rank equally in right of payment with all of our existing and future senior debt and senior in right of payment to all of our existing and future subordinated debt. The notes are effectively subordinated in right of payment to our future secured indebtedness to the extent of the value of the assets securing such indebtedness. The notes are structurally subordinated to all existing and future liabilities (including indebtedness, trade payables and lease obligations) of each of our non-guarantor subsidiaries.

 

As of September 30, 2015, we had $550 million of outstanding borrowings under our $1.25 billion revolving credit facility and $500 million outstanding term loan borrowings under our various term loan facilities on a consolidated basis.

 

Guarantees

The notes are fully and unconditionally guaranteed, jointly and severally, by our existing and future subsidiaries that guarantee indebtedness for money borrowed of Omega Healthcare Investors, Inc. in a principal amount at least equal to $50 million (including our existing senior notes and the facilities under our credit agreement).

 

Optional Redemption We may redeem the notes, in whole or in part, at any time, and from time to time, upon not less than 30 days’ nor more than 60 days’ notice, at the redemption prices set forth under “Description of Notes—Optional Redemption.”

 

 

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Certain Indenture Provisions

The indenture governing the notes contains covenants limiting our (and all of our restricted subsidiaries’) ability to:

 

·      incur additional indebtedness;

 

·      create liens on assets;

 

·      merge, consolidate, or sell all or substantially all of our and our subsidiaries’ assets; and

 

·      create guarantees of indebtedness by subsidiaries.

 

These covenants are subject to a number of important limitations and exceptions. See “Description of Notes—Covenants.”

 

No Public Market

We do not intend to apply for a listing of the exchange notes on the New York Stock Exchange or any other securities exchange. Accordingly, we cannot assure you that a liquid market for the exchange notes will develop or be maintained.

 

Required Approvals;

Appraisal Rights

Other than the registration of the exchange notes under the Securities Act, and compliance with federal securities laws, we are not aware of any state or federal regulatory requirements with which we must comply in connection with the exchange offer.  In connection with the exchange offer, you do not have any appraisal or dissenters’ rights under applicable law or the indenture.  

 

Risk Factors

 

Before making an investment decision, you should carefully consider all of the information set forth in this prospectus and, in particular, under “Risk Factors.”

 

 

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Summary Financial Data

 

The following summary consolidated financial data should be read in connection with the consolidated financial statements incorporated by reference in this prospectus, as well as our Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is incorporated by reference in this prospectus. In connection with our acquisition of Aviv REIT, Inc. on April 1, 2015, you should also read the consolidated financial statements of Aviv REIT and Aviv Healthcare Properties Limited Partnership, as well as our unaudited pro forma condensed consolidated financial information, as of the year ended December 31, 2014, each of which are incorporated by reference.

    Year Ended December 31,     Nine Months Ended
September 30,
 
   

2010

   

2011

   

2012

   

2013

   

2014

   

2014

   

2015

 
    (in thousands)              
Operating Data:                                                        
Revenues from core operations   $ 250,985     $ 292,204     $ 350,460     $ 418,714     $ 504,787     $ 373,466     $ 533,105  
Revenues from nursing home
operations (1)
    7,336       -       -       -       -       -       -  
Total revenues   $ 258,321     $ 292,204     $ 350,460     $ 418,714     $ 504,787     $ 373,466     $ 533,105  
Interest expense (2)   $ 90,602     $ 86,899     $ 106,096     $ 92,048     $ 126,869     $ 93,580     $ 122,173  
Net Income     58,436       52,606       120,698       172,521       221,349     164,359     169,772  
Net income available to common stockholders     49,350       47,459       120,698       172,521       221,349       164,359       163,882  
                                                         
Per Share Amounts:                                                        
                                                         
Dividends, Common Stock (3)   $ 1.37     $ 1.55     $ 1.69     $ 1.86     $ 2.02       1.50       1.62  
Dividends, Series D Preferred(4)     2.09       0.74       -       -       -       -       -  
                                                         
Consolidated Balance Sheet Data (at period end):                                                        
Gross investments (5)   $ 2,504,818     $ 2,831,132     $ 3,325,533     $ 3,924,917     $ 4,472,840     $ 4,386,155     $ 8,076,626  
Total assets     2,304,007       2,557,312       2,982,005       3,462,216       3,921,645       3,857,502       8,593,483  
Revolving line of credit     -       272,500       158,000       326,000       85,000       3,000       550,000  
Term loans     -       -       100,000       200,000       200,000       200,000       500,000  
Other long-term borrowings     1,176,965       1,278,900       1,566,932       1,498,418       2,093,503       2,098,380       3,194,917  
Total debt (6)     1,176,965       1,551,400       1,824,932       2,024,418       2,378,503       2,301,380       4,244,917  
Stockholders’ equity     1,004,066       878,484       1,011,329       1,300,103       1,401,327       1,406,377       3,699,040  

 

 
(1) Relates to nursing home revenue of owned and operated assets.
(2) Includes interest refinancing costs, gains and losses on refinancings and amortization of deferred financing costs.
(3) Dividends per share are those declared and paid during such period.
(4) We redeemed all of our outstanding Series D Preferred Stock on March 7, 2011
(5) We define gross investments as total investments before accumulated depreciation.

 

 

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(6) Total debt includes long-term debt and current maturities of long-term debt. Total debt also includes $21.8 million, $25.3 million, $31.9 million, $19.0 million, $14.3 million, $14.8 million and $2.7 million of non-cash fair value adjustments to mark assumed debt to market on the date of the assumption for the periods ended December 31, 2010, 2011, 2012, 2013 and 2014, and for the nine month periods ended September 30, 2014 and September 30, 2015, respectively.

 

Ratio of Earnings to Fixed Charges

 

    Year Ended December 31,   Nine
Months
Ended
September
30,
    2010   2011   2012   2013   2014   2015
Earnings / fixed charge coverage ratio   1.6x   1.6x   2.1x   2.9x   2.7x   2.4x

 

Earnings consist of income from continuing operations plus fixed charges. Fixed charges consist of interest expense, amortization of deferred financing costs and costs related to retiring certain debt early.

 

 

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RISK FACTORS

 

You should carefully consider the risks described under Risk Factors in Item 1A of our Annual Report on Form 10-K, as amended, for the fiscal year ended December 31, 2014 and as supplemented in Part II, Item 1A to our quarterly report on Form 10-Q for the quarterly period ended March 31, 2015, each of which is hereby incorporated by reference, and in the other documents incorporated by reference into this prospectus (which risk factors are incorporated by reference herein), as well as the other information contained or incorporated by reference in this prospectus, before participating in this exchange offer.  Additional risks and uncertainties not currently known or that are currently deemed to be immaterial may also materially and adversely affect our business operations and financial condition or the market for the notes.

 

Risks Relating to the Exchange Offer

 

There are significant consequences if you fail to exchange your initial notes.

 

We did not register the initial notes under the Securities Act or any state securities laws, nor do we intend to do so after the exchange offer.  As a result, the initial notes may only be transferred in limited circumstances under applicable securities laws.  If you do not exchange your initial notes in the exchange offer, you will lose your right to have the initial notes registered under the Securities Act, subject to certain exceptions.  If you continue to hold initial notes after the exchange offer, you may be unable to sell the initial notes.  Initial notes that are not tendered or are tendered but not accepted will, following the exchange offer, continue to be subject to existing restrictions.

 

You must follow the appropriate procedures to tender your initial notes or they will not be exchanged.

 

The exchange notes will be issued in exchange for the initial notes only after timely receipt by the exchange agent of the initial notes or a book-entry confirmation related thereto, a properly completed and executed letter of transmittal or an agent’s message and all other required documentation.  If you want to tender your initial notes in exchange for exchange notes, you should allow sufficient time to ensure timely delivery.  Neither we nor the exchange agent are under any duty to give you notification of defects or irregularities with respect to tenders of initial notes for exchange.  Initial notes that are not tendered or are tendered but not accepted will, following the exchange offer, continue to be subject to the existing transfer restrictions.  In addition, if you tender the initial notes in the exchange offer with the intent of participating in a distribution of the exchange notes, you will be required to comply with the registration and prospectus delivery requirements of the Securities Act in connection with any resale transaction.  See “The Exchange Offer” and “Plan of Distribution.”

 

The consummation of the exchange offer may not occur.

 

We are not obligated to complete the exchange offer under certain circumstances. See “The Exchange Offer—Conditions of the Exchange Offer.” Even if the exchange offer is completed, it may not be completed on the schedule described in this prospectus. Accordingly, holders participating in the exchange offer may have to wait longer than expected to receive their exchange notes. You may be required to deliver prospectuses and comply with other requirements in connection with any resale of the exchange notes.

 

If you tender your initial notes for the purpose of participating in a distribution of the exchange notes, you will be required to comply with the registration and prospectus delivery requirements of the Securities Act in connection with any resale of the exchange notes. In addition, if you are a broker-dealer receiving exchange notes for your own account in exchange for initial notes acquired as a result of market-making activities or any other trading activities, you will be required to acknowledge that you will deliver a prospectus in connection with any resale of those exchange notes.

 

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Risks Related to the Notes

 

If an active trading market for the notes does not develop, the liquidity and value of the notes could be harmed.

 

The exchange notes have been registered under the Securities Act.  Although the exchange notes are eligible for trading, we cannot assure you that an active trading market will develop for the exchange notes. If no active trading market develops, you may not be able to resell your exchange notes at their fair market value or at all. Future trading prices of the exchange notes will depend on many factors, including, among other things, the success of this exchange offer, prevailing interest rates, our operating results and the market for similar securities. We do not intend to apply for a listing of the exchange notes on the New York Stock Exchange or any other securities exchange.

 

Our substantial indebtedness could adversely affect our financial flexibility and our competitive position.

 

The notes are structurally subordinated to existing and future indebtedness of our non-guarantor subsidiaries and have no direct claim against such subsidiaries or their assets.  Our substantial level of indebtedness increases the risk that we may be unable to generate cash sufficient to pay amounts due in respect of our indebtedness, including the notes. Our substantial indebtedness could have other important consequences to you and significantly impact our business. For example, it could

 

· make it more difficult for us to satisfy our obligations with respect to the notes;

 

· increase our vulnerability to adverse changes in general economic, industry and competitive conditions;

 

· require us to dedicate a substantial portion of our cash flow from operations to make payments on our indebtedness and leases, thereby reducing the availability of our cash flow to fund working capital, capital expenditures and other general corporate purposes;

 

· limit our flexibility in planning for, or reacting to, changes in our business and the industry in which we operate;

 

· limit our ability to make material acquisitions or take advantage of business opportunities that may arise;

 

· expose us to fluctuations in interest rates, to the extent our borrowings bear variable rates of interest;

 

· place us at a competitive disadvantage compared to our competitors that have less debt;

 

· limit our ability to borrow additional funds for working capital, capital expenditures, acquisitions, debt service requirements, execution of our business plan or other general corporate purposes on satisfactory terms or at all;

 

· reduce the amount of surplus funds distributable by the non-guarantor subsidiaries to us for use in our business, such as for the payment of indebtedness, including the notes; and

 

· lead us to elect to make additional investments in our non-guarantor subsidiaries if their cash flow from operations is insufficient for them to make payments on their indebtedness.

 

In addition, our revolving credit facility, the indentures governing our other existing senior notes and the indenture governing the notes contain, and the agreements evidencing or governing other future indebtedness may contain, restrictive covenants that will limit our ability to engage in activities that may be in our long-term best interests. These restrictions require us to comply with or maintain certain financial tests and limit or prohibit our ability to, among other things,

 

· incur, assume or permit to exist additional indebtedness, guaranty obligations or hedging arrangements;

 

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· incur liens or agree to negative pledges in other agreements;

 

· declare dividends, make payments or redeem or repurchase capital stock;

 

· cause our subsidiaries to enter into agreements restricting dividends and distributions;

 

· engage in mergers, acquisitions and other business combinations;

 

· prepay, redeem or purchase certain indebtedness;

 

· amend or otherwise alter the terms of our organizational documents, our indebtedness (including the notes) and other material agreements;

 

· sell assets; and

 

· engage in certain transactions with affiliates.

 

Our failure to comply with those covenants could result in an event of default, which, if not cured or waived, could result in the acceleration of all of our indebtedness.

 

A downgrade in our credit ratings could materially adversely affect our business and financial condition.

 

We plan to manage our operations to maintain a capital structure consistent with our current profile, but there can be no assurance that we will be able to maintain our current credit ratings. If the applicable rating agencies reduce the credit rating of the notes, the market price of the notes may be adversely affected. Any downgrades in terms of ratings or outlook by any of the rating agencies could have a material adverse impact on our cost and availability of capital, which could in turn have a material adverse impact on our financial condition, results of operations and liquidity.

 

Despite current indebtedness levels, we may incur additional debt. This could further exacerbate the risks associated with our substantial leverage.

 

We and our subsidiaries may be able to incur substantial additional indebtedness in the future. Although covenants under the indenture governing the notes and the documents governing any of our other indebtedness limit our ability and the ability of our present and future subsidiaries (other than those designated as unrestricted subsidiaries under the indentures governing our other existing notes) to incur additional indebtedness, the terms of the indenture governing the notes will permit us to incur significant additional indebtedness. To the extent that we incur additional indebtedness or such other obligations, the risk associated with our substantial indebtedness described above, including our possible inability to service our debt, will increase.

 

To service our debt, we will require a significant amount of cash, the availability of which depends on many factors beyond our control.

 

Our ability to make payments on and to refinance our debt, including the notes, will depend on our ability to generate cash in the future. This, to an extent, is subject to general economic, financial, competitive, legislative, regulatory and other factors that are beyond our control. We cannot assure you that our business will generate sufficient cash flow or that future borrowings will be available to us in an amount sufficient to enable us to pay our debt, including the notes, or to fund our other liquidity needs. If our future cash flow from operations and existing sources of funds are insufficient to pay our obligations as they mature or to fund our liquidity needs, we may be forced to reduce or delay our business activities and capital expenditures, sell assets, obtain additional equity capital or restructure or refinance all or a portion of our debt on or before maturity. We cannot assure you that we will be able to refinance any of our debt on a timely basis or on satisfactory terms, if at all. In addition, the terms of our existing debt and other future debt may limit our ability to pursue any of these alternatives.

 

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Payment of principal and interest on the notes will be effectively subordinated to our future secured debt to the extent of the value of the assets securing that debt.

 

The notes are not secured. Our obligations and the obligations of the subsidiary guarantors under our revolving credit and term loan facilities are currently unsecured and would be pari passu in right of payment with the notes. In the future we may choose to secure, as future secured indebtedness, certain indebtedness that is currently unsecured (including, without limitation, the revolving credit and term loan facilities), to refinance such unsecured indebtedness with secured indebtedness, or to otherwise issue or assume future secured indebtedness, subject to compliance with any applicable restrictions in the indenture governing the notes. The notes would be effectively subordinate to our payment obligations in connection with any future secured indebtedness of ours, and the guaranties of the notes by the subsidiary guarantors would likewise be effectively subordinate to any future secured indebtedness of the subsidiary guarantors of the notes. The notes are also structurally subordinated to the existing and future indebtedness of our non-guarantor subsidiaries. In the event of our liquidation or insolvency, or if any of our secured indebtedness is accelerated, the assets securing such indebtedness will first be applied to repay our obligations under our secured indebtedness in full and then to repay our obligations under our unsecured indebtedness, including under the notes. As a result, the notes are structurally subordinated to any of our future secured indebtedness and that of the subsidiary guarantors to the extent of the value of the assets securing that indebtedness (or guarantees of that indebtedness), and the notes are structurally subordinated to our existing and future indebtedness of our non-guarantor subsidiaries. The holders of the notes would, in all likelihood, recover ratably less than the lenders of our secured indebtedness in the event of our bankruptcy or insolvency.

 

Not all of our subsidiaries are guarantors of the notes and therefore the notes are structurally subordinated in right of payment to the indebtedness and other liabilities of our existing and future subsidiaries that do not guarantee the notes.

 

The subsidiary guarantors of the notes will include only our existing subsidiaries and future subsidiaries that guarantee our existing notes and indebtedness under our credit agreement or any future indebtedness of Omega for borrowed money in an amount at least equal to $50 million.

  

The notes and guarantees are structurally subordinated to all of the liabilities of any of our subsidiaries that do not guarantee the notes and will be required to be paid before the holders of the notes have a claim, if any, against those subsidiaries and their assets.  Therefore, if there were a dissolution, bankruptcy, liquidation or reorganization of any such subsidiary, the holders of notes would not receive any amounts with respect to the notes from the assets of such subsidiary until after the payment in full of the claims of creditors, including trade creditors, secured creditors, of such subsidiary.

 

Under certain circumstances a court could void or subordinate the notes or the related guarantees under fraudulent transfer laws.

 

Our issuance of the notes and our subsidiaries’ issuance of the guarantees may be subject to review under federal bankruptcy law or state fraudulent transfer law. If we become a debtor in a case under the U.S. Bankruptcy Code or if unpaid creditors file a lawsuit against us under relevant state fraudulent transfer law, a court may review the issuance of the notes to determine whether our obligations under the notes are void as fraudulent transfers. The laws related to fraudulent transfers differ among various jurisdictions. In general, however, a court might void our obligations under the notes if it found that, when we issued the notes, (a) we received less than reasonably equivalent value or fair consideration in exchange for the notes, and (b) we either (1) were insolvent or were rendered insolvent by the issuance of the notes, (2) were left with unreasonably small capital to conduct our business, or (3) intended to incur, or believed or reasonably should have believed that we would incur, debts beyond our ability to pay. The court could also void our obligations under the notes, without regard to factors (a) and (b), if it found that we issued the notes with actual intent to hinder, delay or defraud our creditors. As an alternative to voiding our obligations under the notes, a court could impose other legal or equitable remedies, such as subordinating the notes to our presently existing or future debts or take some other actions detrimental to repayment of the notes.

 

Similarly, if a subsidiary guarantor becomes a debtor in a case under the U.S. Bankruptcy Code or if unpaid creditors filed a lawsuit against a subsidiary guarantor under relevant state fraudulent transfer law, a court may review the issuance of its guarantee to determine whether such guarantee is void as a fraudulent transfer. In general, a court might void a guarantee if it finds that when such subsidiary guarantor issued its guarantee (or in some jurisdictions, when payments became due under the guarantee), factors (a) and (b) above applied to such subsidiary guarantor. Similarly, the court could also void a guarantee, without regarding to factors (a) and (b) above, if it found that such subsidiary guarantor issued its guarantee with actual intent to hinder, delay or defraud its creditors. Similarly, as an alternative to voiding a subsidiary guarantor’s obligations under a guarantee, a court could impose other legal or equitable remedies, such as subordinating the guarantee to the subsidiary guarantor’s presently existing or future debts or taking some other actions detrimental to payment on the guarantee. If a court were to void or subordinate one or more guarantees, we cannot assure you that funds would be available to pay the notes from another subsidiary guarantor or from any other source.

 

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In addition, a court could, under the legal theories discussed above, also void any payments made by us to you pursuant to the notes or any payments made by a subsidiary guarantor to you pursuant to a guarantee, and require the return of any payment or the return of any realized value to us or the subsidiary guarantor, as the case may be, or to a fund for the benefit of the creditors of us or the subsidiary guarantor.

 

The test for determining solvency for purposes of the foregoing will vary depending on the law of the jurisdiction being applied. In general, the following are different tests a court might apply to evaluate an entity’s insolvency: (a) it could not pay its existing debts as they become due, (b) the sum of its existing debts exceeds the fair value of all of its property, or (c) the present fair saleable value of its asset is less than the amount required to pay the probable liability on its existing debts as they become due. For this analysis, “debts” includes contingent, unmatured and unliquidated debts. The indenture governing the notes will contain provisions intending to limit the liability of each guarantor on its guarantee to the maximum amount that such guarantor can incur without risk that its guarantee will be subject to avoidance as a fraudulent transfer. However, these provisions may not be effective to protect such guarantees from fraudulent transfer challenges, and, even if they were, such provisions would have the effect of limiting the amount you could recover under the guarantees.

 

If a court voided our obligations under the notes and the obligations of all of the subsidiary guarantors under their guarantees, you would not have a claim against us or the subsidiary guarantors and would likely have no source from which to recover amounts due under the notes.

 

If a bankruptcy petition were filed by or against us, you may receive a lesser amount for your claim than you would be entitled to receive under the indenture governing the notes.

 

If a bankruptcy case were filed by or against us under the U.S. Bankruptcy Code after the issuance of the notes, the claims of holders of the notes with respect to the principal amount of the notes may be limited to an amount equal to the original issue price for the notes. Accordingly, holders of the notes under these circumstances may receive a lesser amount than they would be entitled to under the terms of the indenture governing the notes, even if sufficient funds are available.

 

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USE OF PROCEEDS

 

We will not receive any proceeds from the exchange offer.  Because the exchange notes have substantially identical terms as the initial notes, the issuance of the exchange notes will not result in any increase in our indebtedness.  The exchange offer is intended to satisfy our obligations under the registration rights agreement entered into with the initial purchasers of the initial notes. See “The Exchange Offer—Purpose and Effect; Registration Rights.”  We used the proceeds from the offering of the initial notes to repay a portion of our indebtedness outstanding under our revolving credit facility.

 

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THE EXCHANGE OFFER

 

Purpose and Effect; Registration Rights

 

We sold the initial notes on September 23, 2015, in transactions exempt from the registration requirements of the Securities Act.  Simultaneously with the sale of the initial notes, we entered into a registration rights agreement with the initial purchasers of the initial notes.  Under the registration rights agreement, we agreed, among other things, to:

 

· use our commercially reasonable efforts to file an exchange offer registration statement with the SEC on or prior to 220 days after the issue date of the initial notes, enabling holders to exchange the initial notes for publicly registered exchange notes with nearly identical terms;

 

· use commercially reasonable efforts to have the exchange offer registration statement declared effective by the SEC on or prior to 270 days after the issue date of the initial notes;

 

· keep the exchange offer open for at least 30 days after the date that notice of the exchange offer is mailed to holders of the initial notes; and

 

· use commercially reasonable efforts to consummate the exchange offer within 360 days after the issue date of the initial notes.

 

For each initial note surrendered to us pursuant to the exchange offer, the holder of such note will receive an exchange note having a principal amount equal to that of the surrendered initial note.

 

We are conducting the exchange offer to satisfy our obligations under the registration rights agreement.  If, because of any change in law or in currently prevailing interpretations of the staff of the SEC, we are not permitted to effect such an exchange offer, or if for any other reason the exchange offer is not consummated within 360 days of the issue date or, under certain circumstances, if the initial purchasers shall so request, we agreed, under the registration rights agreement and at our own expense, to:

 

· use commercially reasonable efforts to file a shelf registration statement covering resales of the initial notes within 60 days after we deliver notice of our intent to file a shelf registration statement to the holders of the initial notes;

 

· use commercially reasonable efforts to cause the shelf registration statement to be declared effective by the SEC under the Securities Act within 60 days after the filing date;

 

· use commercially reasonable efforts to keep effective the shelf registration statement until the earlier of the disposition of the notes covered by the shelf registration statement or one year after the date on which the shelf registration becomes effective; and

 

· if obligated to file the shelf registration statement, we will use our commercially reasonable efforts to file the shelf registration statement with the SEC on or prior to 60 days after such filing obligation arises and use our commercially reasonable efforts to cause the shelf registration statement to be declared effective by the SEC on or prior to 60 days after such filing.

 

We will, in the event of the shelf registration statement, provide to each holder of the initial notes copies of the prospectus which is a part of the shelf registration statement, notify each such holder when the shelf registration statement for the initial notes has become effective and take certain other actions as are required to permit unrestricted resales of the initial notes. A holder of the notes that sells such notes pursuant to the shelf registration statement generally would be required to be named as a selling security-holder in the related prospectus and to deliver a prospectus to purchasers, will be subject to certain of the civil liability provisions under the Securities Act in connection with such sales and will be bound by the provisions of the registration rights agreement which are applicable to such a holder, including certain indemnification rights and obligations.

 

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If:

 

(a)           we fail to file any of the registration statements required by the registration rights agreement on or before the date specified for such filing,

 

(b)           any of such registration statements is not declared effective by the SEC on or prior to the date specified for such effectiveness,

 

(c)           we fail to consummate the exchange offer within 90 days after the effectiveness of the exchange offer registration statement, or

 

(d)           the shelf registration statement or the exchange offer registration statement is declared effective but thereafter ceases to be effective or usable during the periods specified in the registration rights agreement,

 

(each such event referred to in clauses (a) through (d) above referred to herein as a “registration default”), then we will pay liquidated damages to each holder of outstanding notes. Liquidated damages will accrue, at an annual rate of 0.25% of the aggregate principal amount of the outstanding notes on the date of such registration default, such liquidated damages increasing by an additional 0.25% per annum at the beginning of each subsequent 90-day period; payable in cash semi-annually in arrears on each interest payment date, commencing on the date of such registration default; provided, however, that at no time shall the aggregate amount of liquidated damages accruing exceed in the aggregate 1.0% per annum. All accrued liquidated damages will be paid by us on each interest payment date to the outstanding global note holder by wire transfer of immediately available funds and to holders of outstanding certificated notes by wire transfer to the accounts specified by them or by mailing checks to their registered addresses if no such accounts have been specified. Following the cure of all registration defaults, the accrual of liquidated damages will cease.

 

The registration rights agreement will provide that the liquidated damages specified above will be the exclusive remedy available to holders of notes for any failure by us to comply with the registration requirements of the registration rights agreement.

 

The summary herein of certain provisions of the registration rights agreement does not purport to be complete and is subject to, and is qualified in its entirety by reference to, the full text of the registration rights agreement, a copy of which has been filed as Exhibit 4.2 to our Current Report on Form 8-K filed with the SEC on September 29, 2015.

 

Terms of the Exchange Offer

 

We are offering to exchange $600,000,000 in aggregate principal amount of our 5.250% Senior Notes due 2026 that have been registered under the Securities Act for a like aggregate principal amount of our outstanding unregistered 5.250% Senior Notes due 2026.

 

Upon the terms and subject to the conditions set forth in this prospectus, we will accept for all initial notes validly tendered and not withdrawn before 5:00 p.m., New York City time, on the expiration date of the exchange offer.  We will issue $1,000 principal amount of exchange notes in exchange for each $1,000 principal amount of outstanding initial notes accepted in the exchange offer.  You may tender some or all of your initial notes under the exchange offer.  However, the initial notes are only issuable in authorized denominations of $2,000 and integral multiples of $1,000.  The exchange offer is not conditioned upon any minimum amount of initial notes being tendered.

 

The form and terms of the exchange notes are the same as the form and terms of the initial notes, except that the exchange notes:

 

· will be registered under the Securities Act;

 

· will not bear restrictive legends restricting their transfer under the Securities Act;

 

· will not be entitled to the registration rights that apply to the initial notes; and

 

· will not contain provisions relating to an increase in any interest rate in connection with the initial notes under circumstances related to the timing of the exchange offer.

 

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The exchange notes will accrue interest from the most recent date on which interest has been paid on the initial notes or, if no interest has been paid, from September 23, 2015, the date of issuance of the initial notes.  Accordingly, registered holders of exchange notes on the record date for the first interest payment date following the completion of the exchange offer will receive interest accrued from the most recent date to which interest has been paid on the initial notes or, if no interest has been paid, from September 23, 2015.  However, if that record date occurs prior to completion of the exchange offer, then the interest payable on the first interest payment date following the completion of the exchange offer will be paid to the registered holders of the initial notes on that record date.

 

In connection with the exchange offer, you do not have any appraisal or dissenters’ rights under applicable law or the indenture.  We intend to conduct the exchange offer in accordance with the registration rights agreement and the applicable requirements of the Exchange Act, and the rules and regulations of the SEC.  The exchange offer is not being made to, nor will we accept tenders for exchange from, holders of the initial notes in any jurisdiction in which the exchange offer or the acceptance of it would not be in compliance with the securities or blue sky laws of the jurisdiction.

 

We will be deemed to have accepted validly tendered initial notes when we have given oral or written notice of our acceptance to the exchange agent.  The exchange agent will act as agent for the tendering holders for the purpose of receiving the exchange notes from us.

 

If we do not accept any tendered initial notes because of an invalid tender or for any other reason, then we will return any unaccepted initial notes without expense to the tendering holder promptly after the expiration date.

 

Holders who tender initial notes in the exchange offer will not be required to pay brokerage commissions or fees.  We will pay all charges and expenses, other than certain applicable taxes, in connection with the exchange offer.  See “—Fees and Expenses” below for more detailed information regarding the expenses of the exchange offer.

 

By submitting to the exchange agent an agent’s message defined below, you will be making the representations described under “—Procedures for Tendering Initial Notes—Deemed Representations” below.

 

Neither we, nor our board of directors or our management makes any recommendation concerning whether you should tender or not tender initial notes in the exchange offer, nor have we or they authorized anyone to make any recommendation. You must decide whether to tender in the exchange offer and, if you decide to tender, the aggregate amount of initial notes to tender.

 

Expiration Date; Extension; Amendments

 

The exchange offer will expire at 5:00 p.m., New York City time, on                        , 2015 unless we, in our sole discretion, extend the exchange offer, in which case the expiration date means the latest date and time to which we extend the exchange offer.

 

To extend the exchange offer, we will notify the exchange agent of any extension by written notice and will make a public announcement thereof, each prior to 9:00 a.m., New York City time, on the next business day after the previously scheduled expiration date.  During any extension, all initial notes previously tendered will remain subject to the exchange offer and may be accepted for exchange by us.  Any initial notes not accepted for exchange for any reason will be returned without expense to the tendering holder promptly after the expiration or termination of the exchange offer.

 

We reserve the right, in our sole discretion and at any time, to:

 

· delay accepting any initial notes;

 

· extend the exchange offer;

 

· terminate the exchange offer, by giving oral or written notice of such delay, extension or termination to the exchange agent, if any of the conditions set forth below under “— Conditions of the Exchange Offer” have not been satisfied or waived prior to the expiration date; and

 

· amend the terms of the exchange offer in any manner.

 

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We will notify you as promptly as practicable of any extension, amendment or termination. We will also file a post-effective amendment to the registration statement of which this prospectus is a part with respect to any fundamental changes in the exchange offer.

 

Conditions of the Exchange Offer

 

Notwithstanding any other provision of the exchange offer, we are not required to accept for exchange, or to issue exchange notes in exchange for, any initial notes, if in our reasonable judgment:

 

· the exchange offer violates applicable law or applicable interpretation of the staff of the SEC;

 

· any action or proceeding is instituted or threatened in any court or by any governmental agency which might materially impair our ability to proceed with the exchange offer, or any material adverse development shall have occurred in any existing action or proceeding with respect to us; or

 

· we have not obtained all governmental approvals that we deem necessary for the consummation of the exchange offer.

 

The conditions listed above are for our sole benefit and we may assert them prior to the expiration date regardless of the circumstances giving rise to any condition.  Subject to applicable law, we may waive these conditions in our discretion in whole or in part prior to the expiration date.  If we fail at any time to exercise any of the above rights, the failure will not be deemed a waiver of those rights, and those rights will be deemed ongoing rights which may be asserted at any time and from time to time.

 

We will not accept for exchange any initial notes tendered, and will not issue exchange notes in exchange for any initial notes, if at that time a stop order is threatened or in effect with respect to the registration statement of which this prospectus is a part or the qualification of the indenture under the Trust Indenture Act of 1939.

 

Procedures for Tendering Initial Notes

 

Valid Tender

 

When the holder of initial notes tenders, and we accept, initial notes for exchange, a binding agreement between us, on the one hand, and the tendering holder, on the other hand, is created, subject to the terms and conditions set forth in this prospectus and the accompanying letter of transmittal. Except as set forth below, a holder of initial notes who wishes to tender initial notes for exchange must, on or prior to the expiration date:

 

· transmit a properly completed and duly executed letter of transmittal, including all other documents required by such letter of transmittal (including initial notes), to the exchange agent, U.S. Bank National Association, at the address set forth below under “—Exchange Agent;”

 

· if initial notes are tendered pursuant to the book-entry procedures set forth below, the tendering holder must deliver a completed and duly executed letter of transmittal or arrange with DTC to cause an agent’s message to be transmitted with the required information (including a book-entry confirmation) to the exchange agent at the address set forth below under “—Exchange Agent;” or

 

· comply with the provisions set forth below under “—Guaranteed Delivery.”

 

In addition, on or prior to the expiration date:

 

· the exchange agent must receive the certificates for the initial notes and the letter of transmittal;

 

· the exchange agent must receive a timely confirmation of the book-entry transfer of the initial notes being tendered into the exchange agent’s account at DTC, along with the letter of transmittal or an agent’s message; or

 

· the holder must comply with the guaranteed delivery procedures described below.

 

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The letter of transmittal or agent’s message may be delivered by mail, facsimile, hand delivery or overnight carrier to the exchange agent.

 

The term “agent’s message” means a message transmitted to the exchange agent by DTC that states that DTC has received an express acknowledgment that the tendering holder agrees to be bound by the letter of transmittal and that we may enforce the letter of transmittal against such holder.

 

If you beneficially own initial notes and those notes are registered in the name of a broker, dealer, commercial bank, trust company or other nominee or custodian and you wish to tender your initial notes in the exchange offer, you should contact the registered holder as soon as possible and instruct it to tender the initial notes on your behalf and comply with the instructions set forth in this prospectus and the letter of transmittal.

 

If you tender fewer than all of your initial notes, you should fill in the amount of notes tendered in the appropriate box on the letter of transmittal. If you do not indicate the amount tendered in the appropriate box, we will assume you are tendering all initial notes that you hold.

 

The method of delivery of the certificates for the initial notes, the letter of transmittal and all other required documents is at the election and sole risk of the holders. If delivery is by mail, we recommend registered mail with return receipt requested, properly insured, or overnight delivery service. In all cases, you should allow sufficient time to assure timely delivery. No letters of transmittal or initial notes should be sent directly to us. Delivery is complete when the exchange agent actually receives the items to be delivered. Delivery of documents to DTC in accordance with DTC’s procedures does not constitute delivery to the exchange agent.

 

Deemed Representations

 

To participate in the exchange offer, we require that you represent to us that:

 

(i) you or any other person acquiring exchange notes in exchange for your initial notes in the exchange offer is acquiring them in the ordinary course of business;

 

(ii) neither you nor any other person acquiring exchange notes in exchange for your initial notes in the exchange offer is participating, intends to participate in and has no arrangement or understanding with any person to participate in a “distribution” (within the meaning of the Securities Act) of the exchange notes;

 

(iii) neither you nor any other person acquiring exchange notes in exchange for your initial notes is our “affiliate” as defined under Rule 405 of the Securities Act; and

 

(iv) if you are a broker-dealer and you acquired the initial notes as a result of market-making activities or other trading activities, you acknowledge that you will deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of the exchange notes.

 

By tendering your initial notes in the exchange offer, you will be deemed to have made the foregoing representations.

 

Broker-dealers who cannot make the representations in item (iv) above cannot use this prospectus in connection with resales of the exchange notes issued in the exchange offer.

  

If you are our “affiliate,” as defined under Rule 405 of the Securities Act, if you are a broker-dealer who acquired your initial notes in the initial offering and not as a result of market-making or trading activities, or if you are engaged in or intend to engage in or have an arrangement or understanding with any person to participate in a distribution of exchange notes acquired in the exchange offer, you or that person:

 

(i) may not rely on the applicable interpretations of the staff of the SEC and therefore may not participate in the exchange offer; and

 

(ii) must comply with the registration and prospectus delivery requirements of the Securities Act or an exemption therefrom when reselling the initial notes.

 

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Acceptance of Initial Notes for Exchange and Issuance of Initial Notes

 

As promptly as practicable after the expiration date, we will accept all initial notes validly tendered and not withdrawn, and we will issue exchange notes registered under the Securities Act to the exchange agent. The exchange agent might not deliver the exchange notes to all tendering holders at the same time. The timing of delivery depends upon when the exchange agent receives and processes the required documents.

 

We will be deemed to have exchanged initial notes validly tendered and not withdrawn when we give oral or written notice to the exchange agent of our acceptance of the tendered initial notes, with written confirmation of any oral notice to be given promptly thereafter. The exchange agent is our agent for receiving tenders of initial notes, letters of transmittal and related documents.

 

In tendering initial notes, you must warrant in the letter of transmittal or in an agent’s message (described below) that:

 

· you have full power and authority to tender, exchange, sell, assign and transfer initial notes;

 

· we will acquire good, marketable and unencumbered title to the tendered initial notes, free and clear of all liens, restrictions, charges and other encumbrances; and

 

· the initial notes tendered for exchange are not subject to any adverse claims or proxies.

 

You also must warrant and agree that you will, upon request, execute and deliver any additional documents requested by us or the exchange agent to complete the exchange, sale, assignment and transfer of the initial notes.

 

Signature Guarantees

 

Signatures on a letter of transmittal or a notice of withdrawal, as the case may be, must be guaranteed unless the initial notes surrendered for exchange are tendered:

 

· by a registered holder of initial notes who has not completed the box entitled “Special Issuance Instructions” or “Special Delivery Instructions” on the letter of transmittal; or

 

· for the account of an eligible institution.

 

An “eligible institution” is a firm or other entity which is identified as an “Eligible Guarantor Institution” in Rule 17Ad-15 under the Exchange Act, including:

 

· a bank;

 

· a broker, dealer, municipal securities broker or dealer or government securities broker or dealer;

 

· a credit union;

 

· a national securities exchange, registered securities association or clearing agency; or

 

· a savings association.

 

If signatures on a letter of transmittal or notice of withdrawal are required to be guaranteed, the guarantor must be an eligible institution.

 

If initial notes are registered in the name of a person other than the signer of the letter of transmittal, the initial notes surrendered for exchange must be endorsed or accompanied by a written instrument or instruments of transfer or exchange, in satisfactory form as determined by us in our sole discretion, duly executed by the registered holder with the holder’s signature guaranteed by an eligible institution.

 

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Book-Entry Transfers

 

For tenders by book-entry transfer of initial notes cleared through DTC, the exchange agent will make a request to establish an account at DTC for purposes of the exchange offer. Any financial institution that is a DTC participant may make book-entry delivery of initial notes by causing DTC to transfer the initial notes into the exchange agent’s account at DTC in accordance with DTC’s procedures for transfer. The exchange agent and DTC have confirmed that any financial institution that is a participant in DTC may use the Automated Tender Offer Program, or ATOP, procedures to tender initial notes. Accordingly, any participant in DTC may make book-entry delivery of initial notes by causing DTC to transfer those initial notes into the exchange agent’s account in accordance with its ATOP procedures for transfer.

 

Notwithstanding the ability of holders of initial notes to effect delivery of initial notes through book-entry transfer at DTC, either:

 

· the letter of transmittal or a facsimile thereof, or an agent’s message in lieu of the letter of transmittal, with any required signature guarantees and any other required documents must be transmitted to and received by the exchange agent prior to the expiration date at the address given below under “—Exchange Agent”; or

 

· the guaranteed delivery procedures described below must be complied with.

 

Guaranteed Delivery

 

If a holder wants to tender initial notes in the exchange offer and (1) the certificates for the initial notes are not immediately available or all required documents are unlikely to reach the exchange agent on or prior to the expiration date, or (2) a book-entry transfer cannot be completed on a timely basis, the initial notes may be tendered if the holder complies with the following guaranteed delivery procedures:

 

· the tender is made by or through an eligible institution;

 

· the eligible institution delivers a properly completed and duly executed notice of guaranteed delivery, substantially in the form provided, to the exchange agent on or prior to the expiration date:

 

· setting forth the name and address of the holder of the initial notes being tendered and the amount of the initial notes being tendered;

 

· stating that the tender is being made; and

 

· guaranteeing that, within three (3) New York Stock Exchange trading days after the date of execution of the notice of guaranteed delivery, the certificates for all physically tendered initial notes, in proper form for transfer, or a book-entry confirmation, as the case may be, together with a properly completed and duly executed letter of transmittal, or an agent’s message, with any required signature guarantees and any other documents required by the letter of transmittal, will be deposited by the eligible institution with the exchange agent; and

 

· the exchange agent receives the certificates for the initial notes, or a confirmation of book-entry transfer, and a properly completed and duly executed letter of transmittal, or an agent’s message in lieu thereof, with any required signature guarantees and any other documents required by the letter of transmittal within three (3) New York Stock Exchange trading days after the notice of guaranteed delivery is executed for all such tendered initial notes.

 

You may deliver the notice of guaranteed delivery by hand, facsimile, mail or overnight delivery to the exchange agent, and you must include a guarantee by an eligible institution in the form described above in such notice.

 

Our acceptance of properly tendered initial notes is a binding agreement between the tendering holder and us upon the terms and subject to the conditions of the exchange offer.

 

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Determination of Validity

 

We will determine in our sole discretion all questions regarding the form of documents, validity, eligibility, including time of receipt, and acceptance for exchange of any tendered initial notes. Our determination will be final and binding on all parties. We reserve the absolute right to reject any and all tenders of initial notes not properly tendered or initial notes our acceptance of which might, in the judgment of our counsel, be unlawful. We also reserve the absolute right to waive any defects, irregularities or conditions of tender as to any particular initial notes. However, to the extent we waive any conditions of tender with respect to one tender of initial notes, we will waive that condition for all tenders as well. Our interpretation of the terms and conditions of the exchange offer, including the letter of transmittal, will be final and binding on all parties. A tender of initial notes is invalid until all defects and irregularities have been cured or waived. Holders must cure any defects and irregularities in connection with tenders of initial notes for exchange within such reasonable period of time as we will determine, unless we waive the defects or irregularities. Neither us, any of our affiliates or assigns, the exchange agent nor any other person will incur any liability or failure to give you notification of defects or irregularities with respect to tenders of your initial notes.

 

If any letter of transmittal, endorsement, bond power, power of attorney or any other document required by the letter of transmittal is signed by a trustee, executor, administrator, guardian, attorney-in-fact, officer of a corporation or other person acting in a fiduciary or representative capacity, that person must indicate such capacity when signing. In addition, unless waived by us, the person must submit proper evidence satisfactory to us, in our sole discretion, of his or her authority to so act.

 

Withdrawal Rights

 

You can withdraw tenders of initial notes at any time prior to 5:00 p.m., New York City Time, on the expiration date.

 

For a withdrawal to be effective, you must deliver a written notice of withdrawal to the exchange agent. The notice of withdrawal must:

 

· specify the name of the person tendering the initial notes to be withdrawn;

 

· identify the initial notes to be withdrawn, including the total principal amount of initial notes to be withdrawn;

 

· where certificates for initial notes are transmitted, list the name of the registered holder of the initial notes if different from the person withdrawing the initial notes;

 

· state that the holder is withdrawing his election to have the initial notes exchanged; and

 

· be signed by the holder in the same manner as the original signature on the letter of transmittal by which the initial notes were tendered, including any required signature guarantees, or be accompanied by documents of transfer to have the trustee with respect to the initial notes register the transfer of the initial notes in the name of the person withdrawing the tender.

 

If you delivered or otherwise identified pursuant to the guaranteed delivery procedures initial notes to the exchange agent, you must submit the serial numbers of the initial notes to be withdrawn and the signature on the notice of withdrawal must be guaranteed by an eligible institution, except in the case of initial notes tendered for the account of an eligible institution. If you tendered initial notes as a book-entry transfer, the notice of withdrawal must specify the name and number of the account at DTC to be credited with the withdrawn initial notes and you must deliver the notice of withdrawal to the exchange agent. You may not rescind withdrawals of tender; however, initial notes properly withdrawn may again be tendered at any time on or prior to the expiration date.

 

We will determine all questions regarding the form of withdrawal, validity, eligibility, including time of receipt, and acceptance of withdrawal notices. Our determination of these questions as well as our interpretation of the terms and conditions of the exchange offer (including the letter of transmittal) will be final and binding on all parties. Neither us, any of our affiliates or assigns, the exchange agent nor any other person is under any obligation to give notice of any irregularities in any notice of withdrawal, nor will they be liable for failing to give any such notice.

 

In the case of initial notes tendered by book-entry transfer through DTC, the initial notes withdrawn or not exchanged will be credited to an account maintained with DTC. Withdrawn initial notes will be returned to the holder after withdrawal. The initial notes will be returned or credited to the account maintained with DTC as soon as practicable after withdrawal, rejection of tender or termination of the exchange offer. Any initial notes that have been tendered for exchange but that are not exchanged for any reason will be returned to the holder thereof without cost to the holder.

 

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Properly withdrawn initial notes may again be tendered by following one of the procedures described under “—Procedures for Tendering Initial Notes” above at any time prior to 5:00 p.m., New York City Time, on the expiration date.

 

Exchange Agent

 

U.S. Bank National Association is the exchange agent.  You should direct any questions and requests for assistance and requests for additional copies of this prospectus to the exchange agent addressed as follows:

 

By Hand, Overnight Mail, Courier, or Registered or Certified Mail:

 

U.S. Bank National Association

Corporate Trust Services

111 Fillmore Ave E

Mail Station – EP-MN-WS2N

St. Paul, MN 55107

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

 

By Facsimile:

 

(651) 466-7402

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

 

For Information or Confirmation by Telephone:

 

1-800-934-6802

 

If you deliver letters of transmittal and any other required documents to an address or facsimile number other than those listed above, your tender is invalid.

 

Fees and Expenses

 

The registration rights agreement provides that we will bear all expenses in connection with the performance of our obligations relating to the registration of the exchange notes and the conduct of the exchange offer. These expenses include registration and filing fees, accounting and legal fees and printing costs, among others. We will pay the exchange agent reasonable and customary fees for its services and reasonable out-of-pocket expenses. We will also reimburse brokerage houses and other custodians, nominees and fiduciaries for customary mailing and handling expenses incurred by them in forwarding this prospectus and related documents to their clients that are holders of initial notes and for handling or tendering for such clients.

 

We have not retained any dealer-manager in connection with the exchange offer and will not pay any fee or commission to any broker, dealer, nominee or other person, other than the exchange agent, for soliciting tenders of initial notes pursuant to the exchange offer.

 

Transfer Taxes

 

Holders who tender their initial notes for exchange will not be obligated to pay any transfer taxes in connection with the exchange. If, however, exchange notes issued in the exchange offer are to be delivered to, or are to be issued in the name of, any person other than the holder of the initial notes tendered, or if a transfer tax is imposed for any reason other than the exchange of initial notes in connection with the exchange offer, then the holder must pay any such transfer taxes, whether imposed on the registered holder or on any other person. If satisfactory evidence of payment of, or exemption from, such taxes is not submitted with the letter of transmittal, the amount of such transfer taxes will be billed directly to the tendering holder.

 

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Accounting Treatment

 

The exchange notes will be recorded at the same carrying value as the initial notes, as reflected in our accounting records on the date of exchange. Accordingly, we will recognize no gain or loss for accounting purposes upon the closing of the exchange offer. The expenses of the exchange offer will be expensed as incurred.

 

Resales of Exchange Notes

 

Based on interpretive letters issued by the SEC staff to third parties in transactions similar to the exchange offer, we believe that a holder of exchange notes, other than a broker-dealer, may offer exchange notes for resale, resell and otherwise transfer the exchange notes without delivering a prospectus to prospective purchasers, if the holder acquired the exchange notes in the ordinary course of business, has no intention of engaging in a “distribution” (as defined under the Securities Act) of the exchange notes and is not an “affiliate” (as defined under the Securities Act) of us. We will not seek our own interpretive letter. As a result, we cannot assure you that the staff will take the same position on this exchange offer as it did in interpretive letters to other parties in similar transactions.

 

By tendering initial notes, the holder, other than participating broker-dealers, as defined below, of those initial notes will represent to us that, among other things:

 

· the exchange notes acquired in the exchange offer are being obtained in the ordinary course of business of the person receiving the exchange notes, whether or not that person is the holder;

 

· neither the holder nor any other person receiving the exchange notes is engaged in, intends to engage in or has an arrangement or understanding with any person to participate in a “distribution” (as defined under the Securities Act) of the exchange notes; and

 

· neither the holder nor any other person receiving the exchange notes is an “affiliate” (as defined under the Securities Act) of us.

 

If any holder or any such other person is an “affiliate” of us or is engaged in, intends to engage in or has an arrangement or understanding with any person to participate in a “distribution” of the exchange notes, such holder or other person:

 

· may not rely on the applicable interpretations of the staff of the SEC referred to above; and

 

· must comply with the registration and prospectus delivery requirements of the Securities Act in connection with any resale transaction.

 

Each broker-dealer that receives exchange notes for its own account in exchange for initial notes must represent that the initial notes to be exchanged for the exchange notes were acquired by it as a result of market-making activities or other trading activities and acknowledge that it will deliver a prospectus meeting the requirements of the Securities Act in connection with any offer to resell, resale or other retransfer of the exchange notes pursuant to the exchange offer. Any such broker-dealer is referred to as a participating broker-dealer. However, by so acknowledging and by delivering a prospectus, the participating broker-dealer will not be deemed to admit that it is an “underwriter” (as defined under the Securities Act). If a broker-dealer acquired initial notes as a result of market-making or other trading activities, it may use this prospectus, as amended or supplemented, in connection with offers to resell, resales or retransfers of exchange notes received in exchange for the initial notes pursuant to the exchange offer. We have agreed that, during the period ending 90 days after the consummation of the exchange offer, subject to extension in limited circumstances, we will use all commercially reasonable efforts to keep the exchange offer registration statement effective and make this prospectus available to any broker-dealer for use in connection with any such resale. See “Plan of Distribution” for a discussion of the exchange and resale obligations of broker-dealers in connection with the exchange offer.

 

Consequences of Failure to Exchange Initial Notes

 

Holders who desire to tender their initial notes in exchange for exchange notes registered under the Securities Act should allow sufficient time to ensure timely delivery. Neither we nor the exchange agent is under any duty to give notification of defects or irregularities with respect to the tenders of initial notes for exchange.

 

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Initial notes that are not tendered or are tendered but not accepted will, following the consummation of the exchange offer, continue to be subject to the provisions in the indenture regarding the transfer and exchange of the initial notes and the existing restrictions on transfer set forth in the legend on the initial notes and in the offering memorandum, dated September 16, 2015, relating to the initial notes. Except in limited circumstances with respect to the specific types of holders of initial notes, we will have no further obligation to provide for the registration under the Securities Act of such initial notes. In general, initial notes, unless registered under the Securities Act, may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the Securities Act and applicable state securities laws. We do not anticipate that we will take any action to register the untendered initial notes under the Securities Act or under any state securities laws. Upon completion of the exchange offer, holders of the initial notes will not be entitled to any further registration rights under the registration rights agreement, except under limited circumstances.

 

Initial notes that are not exchanged in the exchange offer will remain outstanding and continue to accrue interest and will be entitled to the rights and benefits their holders have under the indenture relating to the initial notes and the exchange notes. Holders of the exchange notes and any initial notes that remain outstanding after consummation of the exchange offer will vote together as a single class for purposes of determining whether holders of the requisite percentage of the class have taken certain actions or exercised certain rights under the indenture.

 

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DESCRIPTION OF NOTES

 

The exchange notes are identical in all material respect to the initial notes, except that (i) the exchange notes will be registered under the Securities Act, (ii) the exchange notes will not bear restrictive legends restricting their transfer under the Securities Act, (iii) holders of the exchange notes are not entitled to certain rights under the registration rights agreement and (iv) the exchange notes will not contain provisions relating to an increase in any interest rate in connection with the outstanding notes under circumstances related to the timing of the exchange offer. The exchange notes will evidence the same debt as the initial notes, which they replace, and will be governed by the same indenture by and among us, our subsidiary guarantors as discussed below, and U.S. Bank National Association, as trustee. The following is a summary of the material provisions of the indenture governing the notes among us, the subsidiary guarantors and U.S. Bank National Association, as trustee. We urge you to read the indenture in its entirety, which is filed as Exhibit 4.1 to our Current Report on Form 8-K filed on September 29, 2015, because it, and not this description, defines your rights as a noteholder. Copies of the indenture are available upon request to Omega at the address indicated under “Incorporation of Documents by Reference.” Except as otherwise indicated, the following description relates to both the initial notes and the exchange notes, which are together referred to as the “notes.” You can find the definitions of certain capitalized terms used in this description under “—Certain Definitions” below. For purposes of this section only, references to the “Issuer” include only Omega Healthcare Investors, Inc. and not its subsidiaries.

 

General

 

The initial notes were issued in an aggregate principal amount of $600 million. The exchange notes will be issued in an aggregate principal amount equal to the aggregate principal amount of the initial notes they replace. The notes will be unsecured senior obligations of the Issuer. The notes will mature on January 15, 2026. The notes will bear interest at a rate of 5.250% per annum, payable semiannually to holders of record at the close of business on January 1 or July 1, immediately preceding the interest payment date on January 15 and July 15 of each year, commencing January 15, 2016.

 

Principal of, premium, if any, and interest on the notes will be payable, and the notes may be exchanged or transferred in accordance with the terms of the indenture.

 

The notes will be issued only in fully registered form, without coupons, in denominations of $2,000 of principal amount and any integral multiple of $1,000 in excess thereof. See “The Exchange Offer.” No service charge will be made for any registration of transfer or exchange of notes, but the Issuer may require payment of a sum sufficient to cover any transfer tax or other similar governmental charge payable in connection with a registration of transfer.

 

Subject to the covenants described below under "—Covenants" and applicable law, the Issuer may issue additional notes under the indenture. The notes issued in this offering and any additional notes subsequently issued under the indenture will be treated as a single class for all purposes under the indenture; provided, however, that such additional notes may not be fungible with the previously outstanding notes for U.S. federal income tax purposes, in which case the additional notes would have a different CUSIP number than the notes offered hereby.

 

Guarantees and Subsidiary Guarantors

 

The notes are guaranteed on an unsecured senior basis by the Subsidiary Guarantors, including the Operating Partnership. The guarantees are unconditional regardless of the enforceability of the notes and the indenture. Each future Subsidiary that subsequently guarantees Indebtedness of the Issuer (that would constitute Indebtedness under clauses (1) or (2) of the definition thereof) in a principal amount at least equal to $50 million will be required to execute a Subsidiary Guarantee. See "—Covenants—Guarantees by Subsidiaries."

 

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Optional Redemption

 

Optional redemption. The notes will be redeemable at the option of the Issuer, in whole or in part, at any time, and from time to time, upon not less than 30 days' nor more than 60 days' notice. If the notes are redeemed prior to October 15, 2025, the redemption price will be equal to the greater of:

 

(1)    100% of the principal amount of the notes redeemed; and

 

(2)    the sum of the present values of the remaining scheduled payments of principal of and interest on the notes to be redeemed (exclusive of interest accrued to the applicable redemption date) discounted to such redemption date on a semiannual basis, assuming a 360-day year consisting of twelve 30-day months, at the Treasury Rate plus 45 basis points (the “Applicable Premium”),

 

plus, in each case of (1) and (2) above, accrued and unpaid interest thereon to, but not including, the applicable redemption date; provided, however, that if the redemption date falls after the record date and on or prior to the corresponding interest payment date, we will pay the full amount of accrued and unpaid interest, if any, on such interest payment date to the holder of notes at the close of business on the corresponding record date (instead of the holder surrendering its notes for redemption).

 

If the notes are redeemed on or after October 15, 2025 the redemption price will be equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest thereon to, but not including, such redemption date.

 

As used herein:

 

" Treasury Rate " means (1) the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical release designated "H.15(519)" or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption "Treasury Constant Maturities," for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the remaining life of the notes, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month), or (2) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the applicable redemption date. The Treasury Rate shall be calculated on the third Business Day preceding the applicable redemption date.

 

" Comparable Treasury Issue " means, with respect to any redemption date for the notes, the United States Treasury security selected by the Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the notes to be redeemed.

 

" Comparable Treasury Price " means, with respect to any redemption date for the notes:

 

(a)    the average of five Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotations, or

 

(b)    if the Issuer obtains fewer than five but more than one such Reference Treasury Dealer Quotations for such redemption date, the average of all such quotations, or

 

(c)    if the Issuer obtains only one such Reference Treasury Dealer Quotation for such redemption date, that Reference Treasury Dealer Quotation.

 

" Independent Investment Banker " means, with respect to any redemption date for the notes, an independent investment banking institution of national standing appointed by the Issuer with respect to such redemption date.

 

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" Reference Treasury Dealer " means (1) Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC and (2) any two other Primary Treasury Dealer selected by us; provided, however, that if any Reference Treasury Dealer referred to in clause (1) above ceases to be a primary U.S. government securities dealer (a "Primary Treasury Dealer"), the Issuer will substitute therefor another Primary Treasury Dealer.

 

" Reference Treasury Dealer Quotations " means, with respect to each Reference Treasury Dealer and any redemption date for the notes, the average, as determined by us, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the trustee by such Reference Treasury Dealer at 3:30 p.m., New York City time, on the third Business Day preceding the applicable redemption date.

 

Selection and Notice of Redemption

 

In the event that the Issuer chooses to redeem less than all of the notes, selection of the notes for redemption will be made by the trustee either:

 

(1)            in compliance with the requirements of the principal national securities exchange, if any, on which the notes are then listed; or

 

(2)            if the notes are not so listed, while the notes are in book entry form, in accordance with DTC procedures, or if the notes are no longer in book entry form, on a pro rata basis, by lot or by such method as the trustee shall deem fair and appropriate.

 

No notes of a principal amount of $2,000 or less shall be redeemed in part. If a partial redemption is made the trustee will select the notes only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to DTC procedures) unless such method is otherwise prohibited. Notice of redemption will be mailed by first-class mail at least 30 but not more than 60 days before the redemption date to each holder of notes to be redeemed at its registered address. Unless the Issuer defaults in the payment of the redemption price, on and after the redemption date, interest will cease to accrue on notes or portions thereof called for redemption.

 

Sinking Fund

 

There will be no sinking fund payments for the notes.

 

Ranking

 

The notes are unsecured senior obligations of the Issuer and rank equally in right of payment with all existing and future unsecured senior Indebtedness of the Issuer. The notes are effectively subordinated to all of our and our consolidated Subsidiaries' Secured Indebtedness to the extent of the value of the assets securing such Indebtedness, and are structurally subordinated to all existing and future liabilities (including indebtedness, trade payables and lease obligations) of our non-guarantor Subsidia ries.

 

Each Subsidiary Guarantor's guarantee of the notes are unsecured senior obligations of such Subsidiary Guarantor, and rank equally in right of payment with all existing and future unsecured senior Indebtedness of such Subsidiary Guarantor. The guarantees of our Subsidiary Guarantors are structurally subordinated to all of the Secured Indebtedness of such Subsidiary Guarantors to the extent of the value of the assets securing such Indebtedness.

 

As of the date hereof, our non-guarantor Subsidiaries include (w) certain Subsidiaries with nominal assets, (x) certain Subsidiaries that we have acquired since 2009 and which were obligors with respect to pre-existing HUD-guaranteed secured Indebtedness, substantially all of which Subsidiaries are structured as special purpose entities, (y) the acquisition Subsidiaries we formed for the purposes of acquiring certain of the Subsidiaries described in clause (x) and (z) certain Subsidiaries acquired as part of the Aviv merger which do not guarantee indebtedness of the Issuer (that would constitute Indebtedness under clauses (1) or (2) of the definition of Indebtedness), foreign subsidiaries which do not guarantee any Indebtedness of Omega Healthcare Investors, Inc., equal to or greater than $50 million. The notes will be structurally subordinated to all indebtedness and other liabilities of our Subsidiaries that do not guarantee the notes.

 

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Certain Definitions

 

Set forth below are definitions of certain terms contained in the indenture that are used in this description. Please refer to the indenture for the definition of other capitalized terms used in this description that are not defined below.

 

"Acquired Indebtedness" means Indebtedness of a Person existing at the time such Person becomes a Subsidiary or that is assumed in connection with an Asset Acquisition from such Person by a Subsidiary and not incurred by such Person in connection with, or in anticipation of, such Person becoming a Subsidiary or such Asset Acquisition; provided, however, that Indebtedness of such Person that is redeemed, defeased, retired or otherwise repaid at the time of or immediately upon consummation of the transactions by which such Person becomes a Subsidiary or such Asset Acquisition shall not be Acquired Indebtedness.

 

"Adjusted Consolidated Net Income" means, for any period, the aggregate net income (or loss) (before giving effect to cash dividends on preferred stock of the Issuer or charges resulting from the redemption of preferred stock of the Issuer) of the Issuer and its Subsidiaries for such period determined on a consolidated basis in conformity with GAAP; provided, however, that the following items shall be excluded in computing Adjusted Consolidated Net Income, without duplication:

 

(1)            the net income of any Person, other than the Issuer or a Subsidiary, except to the extent of the amount of dividends or other distributions actually paid to the Issuer or any of its Subsidiaries by such Person during such period;

 

(2)            the net income of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary of such net income is not at the time permitted by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such Subsidiary;

 

(3)            any after-tax gains or losses attributable to asset sales; and

 

(4)            all extraordinary gains and extraordinary losses.

 

"Adjusted Total Assets" means, for any Person, the sum of:

 

(1)   Total Assets for such Person as of the end of the fiscal quarter preceding the Transaction Date as set forth on the most recent quarterly or annual consolidated balance sheet of the Issuer and its Subsidiaries, prepared in conformity with GAAP and filed with the SEC or provided to the trustee pursuant to the "Reports to Holders" covenant; and

 

(2)   any increase in Total Assets following the end of such quarter including, without limitation, any increase in Total Assets resulting from the application of the proceeds of any additional Indebtedness.

 

"Affiliate" means, as applied to any Person, any other Person directly or indirectly controlling, controlled by, or under direct or indirect common control with, such Person. For purposes of this definition, "control" (including, with correlative meanings, the terms "controlling," "controlled by" and "under common control with"), as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise.

 

"Asset Acquisition" means:

 

(1)   an investment by the Issuer or any of its Subsidiaries in any other Person pursuant to which such Person shall become a Subsidiary or shall be merged into or consolidated with the Issuer or any of its Subsidiaries; provided, however, that such Person's primary business is related, ancillary, incidental or complementary to the businesses of the Issuer or any of its Subsidiaries on the date of such investment; or

 

(2)   an acquisition by the Issuer or any of its Subsidiaries from any other Person of assets that constitute substantially all of a division or line of business, or one or more healthcare properties, of such Person; provided, however, that the assets and properties acquired are related, ancillary, incidental or complementary to the businesses of the Issuer or any of its Subsidiaries on the date of such acquisition.

 

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"Asset Disposition" means the sale or other disposition by the Issuer or any of its Subsidiaries, other than to the Issuer or another Subsidiary, of:

 

(1)            all or substantially all of the Capital Stock of any Subsidiary, or

 

(2)            all or substantially all of the assets that constitute a division or line of business, or one or more healthcare properties, of the Issuer or any of its Subsidiaries.

 

"Board of Directors" means, as to any Person, the board of directors (or similar governing body) of such Person or any duly authorized committee thereof.

 

"Board Resolution" means, with respect to any Person, a copy of a resolution certified by the Secretary or an Assistant Secretary of such Person to have been duly adopted by the Board of Directors of such Person and to be in full force and effect on the date of such certification, and delivered to the trustee.

 

"Business Day" means a day other than a Saturday, Sunday or other day on which banking institutions in New York or Maryland are authorized or required by law to close.

 

"Capital Stock" means, with respect to any Person, any and all shares, interests, participations or other equivalents (however designated, whether voting or non-voting), including partnership interests, whether general or limited, in the equity of such Person, whether outstanding on the Closing Date or issued thereafter, including, without limitation, all Common Stock and Preferred Stock.

 

"Capitalized Lease" means, as applied to any Person, any lease of any property, whether real, personal or mixed, of which the discounted present value of the rental obligations of such Person as lessee, in conformity with GAAP, is required to be capitalized on the balance sheet of such Person.

 

"Capitalized Lease Obligations" means the discounted present value of the rental obligations under a Capitalized Lease as reflected on the balance sheet of such Person as determined in conformity with GAAP.

 

"Closing Date" means September 23, 2015.

 

"Common Stock" means, with respect to any Person, any and all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) that have no preference on liquidation or with respect to distributions over any other class of Capital Stock, including partnership interests, whether general or limited, of such Person's equity, whether outstanding on the Closing Date or issued thereafter, including, without limitation, all series and classes of common stock.

 

"Consolidated EBITDA" means, for any period, Adjusted Consolidated Net Income for such period plus amounts which have been deducted and minus amounts which have been added for, without duplication:

 

(1)   Consolidated Interest Expense;

 

(2)   provision for taxes based on income;

 

(3)   impairment losses and gains on sales or other dispositions of properties and other Investments;

 

(4)   real estate related depreciation and amortization expense;

 

(5)   the effect of any non-recurring, non-cash items;

 

(6)   amortization of deferred charges;

 

(7)   gains or losses on early extinguishment of Indebtedness; and

 

(8)   acquisition expenses;

 

all as determined on a consolidated basis for the Issuer and its Subsidiaries in conformity with GAAP; provided, however, that, if any Subsidiary is not a Wholly Owned Subsidiary, Consolidated EBITDA shall be reduced (to the extent not already reduced in Adjusted Consolidated Net Income or otherwise reduced in accordance with GAAP) by an amount equal to the amount of the Adjusted Consolidated Net Income attributable to such Subsidiary multiplied by the percentage ownership interest in the income of such Subsidiary not owned on the last day of such period by the Issuer or any of its Subsidiaries.

 

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"Consolidated Interest Expense" means, for any period, the aggregate amount of interest expense in respect of Indebtedness of the Issuer and the Subsidiaries during such period, all as determined on a consolidated basis in conformity with GAAP including, without limitation (without duplication):

 

(1)      amortization of debt issuance costs, debt discount or premium and other financing fees and expenses;

 

(2)      the interest portion of any deferred payment obligations;

 

(3)      all commissions, discounts and other fees and expenses owed with respect to letters of credit and bankers' acceptance financing;

 

(4)      the net costs associated with Interest Rate Agreements and Indebtedness that is Guaranteed or secured by assets of the Issuer or any of its Subsidiaries; and

 

(5)      all but the principal component of rentals in respect of Capitalized Lease Obligations paid, accrued or scheduled to be paid or to be accrued by the Issuer and its Subsidiaries;

 

excluding, to the extent included in interest expense above, the amount of such interest expense of any Subsidiary if the net income of such Subsidiary is excluded in the calculation of Adjusted Consolidated Net Income pursuant to clause (2) of the definition thereof (but only in the same proportion as the net income of such Subsidiary is excluded from the calculation of Adjusted Consolidated Net Income pursuant to clause (2) of the definition thereof), as determined on a consolidated basis in conformity with GAAP.

 

"Default" means any event that is, or after notice or passage of time or both would be, an Event of Default.

 

"Disqualified Stock" means any class or series of Capital Stock of any Person that by its terms or otherwise is:

 

(1)   required to be redeemed prior to the Stated Maturity of the notes,

 

(2)   redeemable at the option of the holder of such class or series of Capital Stock, at any time prior to the Stated Maturity of the notes, or

 

(3)   convertible into or exchangeable for Capital Stock referred to in clause (1) or (2) above or Indebtedness having a scheduled maturity prior to the Stated Maturity of the notes;

 

provided, however, that any Capital Stock that would not constitute Disqualified Stock but for customary provisions thereof giving holders thereof the right to require such Person to repurchase or redeem such Capital Stock upon the occurrence of an "asset sale" or "change of control" occurring prior to the Stated Maturity of the notes shall not constitute Disqualified Stock.

 

"Exchange Act" means the Securities Exchange Act of 1934, as amended, or any successor statute or statutes thereto.

 

"Existing Note Indentures" means the indenture governing the Issuer's 6.75% senior notes due 2022, the indenture governing the Issuer's 5.875% senior notes due 2024, the indenture governing the Issuer’s 4.950% senior notes due 2024, the indenture governing the Issuer’s 4.50% senior notes due 2025, and the indenture governing the Issuer’s 4.500% senior notes due 2027 (each an "Existing Note Indenture"), as each such Existing Note Indenture may be supplemented from time to time.

 

"Fair Market Value" means the price that would be paid in an arm's-length transaction between an informed and willing seller under no compulsion to sell and an informed and willing buyer under no compulsion to buy, as determined in good faith by the Board of Directors of the Issuer, whose determination shall be conclusive if evidenced by a Board Resolution.

 

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"GAAP" means generally accepted accounting principles in the United States of America as in effect as of September 16, 2015, including, without limitation, those set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as approved by a significant segment of the accounting profession. Except as otherwise specifically provided in the indenture, all ratios and computations contained or referred to in the indenture shall be computed in conformity with GAAP applied on a consistent basis.

 

"Guarantee" means any obligation, contingent or otherwise, of any Person directly or indirectly guaranteeing any Indebtedness of any other Person and, without limiting the generality of the foregoing, any obligation, direct or indirect, contingent or otherwise, of such Person:

 

(1)    to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness of such other Person (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services (unless such purchase arrangements are on arm's-length terms and are entered into in the ordinary course of business), to take-or-pay, or to maintain financial statement conditions or otherwise); or

 

(2)    entered into for purposes of assuring in any other manner the obligee of such Indebtedness of the payment thereof or to protect such obligee against loss in respect thereof (in whole or in part);

 

provided, however, that the term "Guarantee" shall not include endorsements for collection or deposit in the ordinary course of business. The term "Guarantee" used as a verb has a corresponding meaning.

 

"Incur" means, with respect to any Indebtedness, to incur, create, issue, assume, Guarantee or otherwise become liable for or with respect to, or become responsible for, the payment of, contingently or otherwise, such Indebtedness, including an "Incurrence" of Acquired Indebtedness; provided, however, that neither the accrual of interest nor the accretion of original issue discount shall be considered an Incurrence of Indebtedness.

 

"Indebtedness" means, with respect to any Person at any date of determination (without duplication):

 

(1)   all indebtedness of such Person for borrowed money;

 

(2)   all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments;

 

(3)   the face amount of letters of credit or other similar instruments, excluding obligations with respect to letters of credit (including trade letters of credit) securing obligations (other than obligations described in (1) or (2) above or (4), (5) or (6) below) entered into in the ordinary course of business of such Person to the extent such letters of credit are not drawn upon or, if drawn upon, to the extent such drawing is reimbursed no later than the third Business Day following receipt by such Person of a demand for reimbursement;

 

(4)   all unconditional obligations of such Person to pay amounts representing the balance deferred and unpaid of the purchase price of any property (which purchase price is due more than six months after the date of placing such property in service or taking delivery and title thereto), except any such balance that constitutes an accrued expense or Trade Payable;

 

(5)   all Capitalized Lease Obligations;

 

(6) all Indebtedness of other Persons secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; provided, however, that the amount of such Indebtedness shall be the lesser of (A) the Fair Market Value of such asset at that date of determination and (B) the amount of such Indebtedness;

 

and also includes, to the extent not otherwise included, any non-contingent obligation of such Person to be liable for, or to pay, as obligor, guarantor or otherwise (other than for purposes of collection in the ordinary course of business), Indebtedness of the types referred to in items (1) through (6) above of another Person (it being understood that Indebtedness shall be deemed to be Incurred by such Person whenever such Person shall create, assume, guarantee (on a non-contingent basis) or otherwise become liable in respect thereof). In addition,

 

(1)           the amount outstanding at any time of any Indebtedness issued with original issue discount shall be deemed to be the face amount with respect to such Indebtedness less the remaining unamortized portion of the original issue discount of such Indebtedness at the date of determination in conformity with GAAP, and

 

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(2)           Indebtedness shall not include any liability for federal state, local or other taxes.

 

"Interest Coverage Ratio" means, on any Transaction Date, the ratio of:

 

(x)           the aggregate amount of Consolidated EBITDA for the then most recent four fiscal quarters prior to such Transaction Date for which reports have been filed with the SEC or provided to the trustee pursuant to the "— Reports to Holders" covenant ("Four Quarter Period") to

 

(y)          the aggregate Consolidated Interest Expense during such Four Quarter Period.

 

In making the foregoing calculation,

 

(1)    pro forma effect shall be given to any Indebtedness Incurred or repaid (other than in connection with an Asset Acquisition or Asset Disposition) during the period ("Reference Period") commencing on the first day of the Four Quarter Period and ending on the Transaction Date (other than Indebtedness Incurred or repaid under a revolving credit or similar arrangement), in each case as if such Indebtedness had been Incurred or repaid on the first day of such Reference Period;

 

(2)   Consolidated Interest Expense attributable to interest on any Indebtedness (whether existing or being Incurred) computed on a pro forma basis and bearing a floating interest rate shall be computed as if the rate in effect on the Transaction Date (taking into account any Interest Rate Agreement applicable to such Indebtedness if such Interest Rate Agreement has a remaining term in excess of 12 months or, if shorter, at least equal to the remaining term of such Indebtedness) had been the applicable rate for the entire period;

 

(3)    pro forma effect shall be given to Asset Dispositions and Asset Acquisitions and Investments (including giving pro forma effect to the application of proceeds of any Asset Disposition and any Indebtedness Incurred or repaid in connection with any such Asset Acquisitions or Asset Dispositions) that occur during such Reference Period but subsequent to the end of the related Four Quarter Period as if they had occurred and such proceeds had been applied on the first day of such Reference Period; and

 

(4)    pro forma effect shall be given to asset dispositions and asset acquisitions (including giving pro forma effect to (i) the application of proceeds of any asset disposition and any Indebtedness Incurred or repaid in connection with any such asset acquisitions or asset dispositions and (ii) expense and cost reductions calculated on a basis consistent with Regulation S-X under the Exchange Act) that have been made by any Person that has become a Subsidiary or has been merged with or into the Issuer or any of its Subsidiaries during such Reference Period but subsequent to the end of the related Four Quarter Period and that would have constituted asset dispositions or asset acquisitions during such Reference Period but subsequent to the end of the related Four Quarter Period had such transactions occurred when such Person was a Subsidiary as if such asset dispositions or asset acquisitions were Asset Dispositions or Asset Acquisitions and had occurred on the first day of such Reference Period;

 

provided, however, that to the extent that clause (3) or (4) of this paragraph requires that pro forma effect be given to an Asset Acquisition or Asset Disposition or asset acquisition or asset disposition, as the case may be, such pro forma calculation shall be based upon the four full fiscal quarters immediately preceding the Transaction Date of the Person, or division or line of business, or one or more healthcare properties, of the Person that is acquired or disposed of to the extent that such financial information is available.

 

"Interest Rate Agreement" means any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement, option or future contract or other similar agreement or arrangement with respect to interest rates.

 

"Investment" in any Person means any direct or indirect advance, loan or other extension of credit (including without limitation by way of Guarantee or similar arrangement, but excluding advances to customers in the ordinary course of business that are, in conformity with GAAP, recorded as accounts receivable on the consolidated balance sheet of the Issuer and its Subsidiaries) or capital contribution to (by means of any transfer of cash or other property (tangible or intangible) to others or any payment for property or services solely for the account or use of others, or otherwise), or any purchase or acquisition of Capital Stock, bonds, notes, debentures or other similar instruments issued by, such Person.

 

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"Lien" means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (including without limitation, any conditional sale or other title retention agreement or lease in the nature thereof or any agreement to give any security interest).

 

"Preferred Stock" means, with respect to any Person, any and all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) that have a preference on liquidation or with respect to distributions over any other class of Capital Stock, including preferred partnership interests, whether general or limited, or such Person's preferred or preference stock, whether outstanding on the Closing Date or issued thereafter, including, without limitation, all series and classes of such preferred or preference stock.

 

"Secured Indebtedness" means any Indebtedness secured by a Lien upon the property of the Issuer or any of its Subsidiaries.

 

"Significant Subsidiary," with respect to any Person, means any subsidiary of such Person that satisfies the criteria for a "significant subsidiary" set forth in Rule 1.02(w) of Regulation S-X under the Exchange Act.

 

"Stated Maturity" means:

 

(1)          with respect to any debt security, the date specified in such debt security as the fixed date on which the final installment of principal of such debt security is due and payable; and

 

(2)          with respect to any scheduled installment of principal of or interest on any debt security, the date specified in such debt security as the fixed date on which such installment is due and payable.

 

"Subsidiary" means, with respect to any Person, any corporation, association or other business entity of which more than 50% of the voting power of the outstanding Voting Stock is owned, directly or indirectly, by such Person and one or more other Subsidiaries of such Person and the accounts of which would be consolidated with those of such Person in its consolidated financial statements in accordance with GAAP, if such statements were prepared as of such date.

 

"Subsidiary Guarantee" means a Guarantee by each Subsidiary Guarantor for payment of the notes by such Subsidiary Guarantor. The Subsidiary Guarantee will be an unsecured senior obligation of each Subsidiary Guarantor and will be unconditional regardless of the enforceability of the notes and the indenture. Notwithstanding the foregoing, each Subsidiary Guarantee by a Subsidiary Guarantor shall provide by its terms that it shall be automatically and unconditionally released and discharged under circumstances described under “-Covenants-Guarantees by Subsidiaries.”

 

"Subsidiary Guarantors" means (i) each Subsidiary that is a guarantor of Indebtedness under the Existing Note Indentures on the Closing Date and (ii) each other Person that is required to become a Subsidiary Guarantor by the terms of the Indenture after the Closing Date, in each case, until such Person is released from its Subsidiary Guarantee.

 

"Total Assets" means the sum (without duplication) of:

 

(1)          Undepreciated Real Estate Assets; and

 

(2)          all other assets (excluding intangibles and accounts receivable) of the Issuer and its Subsidiaries on a consolidated basis determined in conformity with GAAP.

 

"Total Unencumbered Assets" as of any date means the sum of:

 

(1)   those Undepreciated Real Estate Assets not securing any portion of Secured Indebtedness; and

 

(2)   all other assets (but excluding intangibles and accounts receivable) of the Issuer and its Subsidiaries not securing any portion of Secured Indebtedness determined on a consolidated basis in conformity with GAAP;

 

provided, however, that all investments in unconsolidated joint ventures, unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated entities shall be excluded from Total Unencumbered Assets to the extent that such investments would have otherwise been included.

 

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"Trade Payables" means, with respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services.

 

"Transaction Date" means, with respect to the Incurrence of any Indebtedness by the Issuer or any of its Subsidiaries, the date such Indebtedness is to be Incurred.

 

"Undepreciated Real Estate Assets" means, as of any date, the cost (being the original cost to the Issuer or any of its Subsidiaries plus capital improvements) of real estate assets of the Issuer and its Subsidiaries on such date, before depreciation and amortization of such real estate assets, determined on a consolidated basis in conformity with GAAP.

 

"Unsecured Indebtedness" means any Indebtedness of the Issuer or any of its Subsidiaries that is not Secured Indebtedness.

 

"U.S. Government Obligations" means direct obligations of, obligations guaranteed by, or participations in pools consisting solely of obligations of or obligations guaranteed by, the United States of America for the payment of which obligations or guarantee the full faith and credit of the United States of America is pledged and that are not callable or redeemable at the option of the issuer thereof.

 

"Voting Stock" means with respect to any Person, Capital Stock of any class or kind ordinarily having the power to vote for the election of directors, managers or other voting members of the governing body of such Person.

 

"Wholly Owned" means, with respect to any Subsidiary of any Person, the ownership of all of the outstanding Capital Stock of such Subsidiary (other than any director's qualifying shares or Investments by individuals mandated by applicable law) by such Person or one or more Wholly Owned Subsidiaries of such Person.

 

Covenants

 

The indenture contains, among others, the following covenants:

 

Limitation on Indebtedness

 

(1)    The Issuer will not, and will not permit any of its Subsidiaries to, Incur any Indebtedness (including Acquired Indebtedness) if, immediately after giving effect to the Incurrence of such additional Indebtedness and the receipt and application of the proceeds therefrom, the aggregate principal amount of all outstanding Indebtedness of the Issuer and its Subsidiaries on a consolidated basis determined in conformity with GAAP is greater than 60% of Adjusted Total Assets.

 

(2)    The Issuer will not, and will not permit any of its Subsidiaries to, Incur any Secured Indebtedness if, immediately after giving effect to the Incurrence of such additional Secured Indebtedness and the receipt and application of the proceeds therefrom, the aggregate principal amount of all outstanding Secured Indebtedness of the Issuer and its Subsidiaries on a consolidated basis determined in conformity with GAAP is greater than 40% of Adjusted Total Assets.

 

(3)    The Issuer will not, and will not permit any of its Subsidiaries to, Incur any Indebtedness other than the notes issued on the Closing Date and other Indebtedness existing on the Closing Date; provided, however, that the Issuer or any of its Subsidiaries may Incur Indebtedness if, after giving effect to the Incurrence of such Indebtedness and the receipt and application of the proceeds therefrom, the Interest Coverage Ratio of the Issuer and its Subsidiaries on a consolidated basis would be greater than 1.5 to 1.0.

 

Notwithstanding any other provision of this "Limitation on Indebtedness" covenant, the maximum amount of Indebtedness that the Issuer or any of its Subsidiaries may Incur pursuant to this "Limitation on Indebtedness" covenant shall not be deemed to be exceeded, with respect to any outstanding Indebtedness, due solely to the result of fluctuations in the exchange rates of currencies.

 

For purposes of determining any particular amount of Indebtedness under this "Limitation on Indebtedness" covenant, Guarantees, Liens or obligations with respect to letters of credit supporting Indebtedness otherwise included in the determination of such particular amount shall not be included.

 

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Maintenance of Total Unencumbered Assets

 

The Issuer and its Subsidiaries will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuer and its Subsidiaries on a consolidated basis.

 

Guarantees by Subsidiaries

 

The Subsidiary Guarantors will jointly and severally guarantee our obligations under the notes, including the due and punctual payment of principal of and premium, if any, and interest on the notes, whether at stated maturity, by declaration of acceleration, call for redemption or otherwise. If at any time after the issuance of the notes, including following any release of a Subsidiary Guarantor from its guarantee under the indenture, a Subsidiary of the Issuer (including any future Subsidiary) guarantees Indebtedness of the Issuer (that would constitute Indebtedness under clauses (1) or (2) of the definition thereof) in an amount at least equal to $50 million, the Issuer will cause such Subsidiary to guarantee the notes by executing and delivering a supplemental indenture in accordance with the indenture.

 

The obligations of each Subsidiary Guarantor under its guarantee will be limited to the amount necessary to prevent such guarantee from constituting a fraudulent transfer or conveyance under applicable law. See "Risk factors—Risks related to the Notes—Under certain circumstances a court could void or subordinate the notes or the related guarantees under fraudulent transfer laws." Each Subsidiary Guarantee will be a continuing guarantee and will inure to the benefit of and be enforceable by the trustee, the holders of the notes and their successors, transferees and assigns.

 

A Subsidiary Guarantor will be automatically and unconditionally released from its obligations under the indenture and the related guarantee:

 

(1)   upon any sale, exchange or transfer to a Person not an Affiliate of the Issuer of all of the Capital Stock held by the Issuer and its Subsidiaries in, or all or substantially all of the assets of, such Subsidiary Guarantor;

 

(2)   upon the liquidation or dissolution of such Subsidiary Guarantor; provided no Default or Event of Default shall occur as a result thereof;

 

(3)   if the Issuer exercises its legal defeasance option or its covenant defeasance option as described under "—Defeasance" or if its obligations under the indenture are discharged in accordance with the terms of the indenture as described under "Satisfaction and Discharge"; or

 

(4)   if a Subsidiary Guarantor ceases to guarantee the obligations of the Issuer under any such Indebtedness of the Issuer (that would constitute Indebtedness under clauses (1) or (2) under the definition thereof) in an amount at least equal to $50 million;

 

provided, however, that in the case of clauses (1) and (2) above, (x) such sale or other disposition is made to a person other than the Issuer or any of its Subsidiaries and (y) such sale or disposition is otherwise permitted by the indenture.

 

At the request of the Issuer, and upon delivery to the trustee of an officer's certificate and an opinion of counsel, each stating that all conditions precedent under the indenture relating to such release have been complied with, the trustee will execute any documents reasonably requested by the Issuer evidencing such release.

 

Nothing contained in the indenture or in any of the notes will prevent any consolidation or merger of a Subsidiary Guarantor with or into the Issuer (in which case such Subsidiary Guarantor shall no longer be a Subsidiary Guarantor) or another Subsidiary Guarantor or shall prevent any sale or conveyance of the property of a Subsidiary Guarantor as an entirety or substantially as an entirety to the Issuer or another Subsidiary Guarantor.

 

Reports to Holders

 

Whether or not the Issuer is then required to file reports with the SEC, the Issuer shall file with the SEC all such reports and other information as it would be required to file with the SEC by Sections 13 (a) or 15 (d) under the Exchange Act if it was subject thereto; provided, however, that, if filing such documents by the Issuer with the SEC is not permitted under the Exchange Act, the Issuer shall provide such documents to the trustee and upon written request supply copies of such documents to any prospective holder. The Issuer shall supply the trustee and each holder or shall supply to the trustee for forwarding to each such holder, without cost to such holder, copies of such reports and other information.

 

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Events of Default

 

Events of Default under the indenture include the following:

 

(1)   default in the payment of principal of, or premium, if any, on any note when they are due and payable at maturity, upon acceleration, redemption or otherwise;

 

(2)   default in the payment of interest on any note when they are due and payable, and such default continues for a period of 30 days;

 

(3)   default in the performance or breach of the provisions of the indenture applicable to mergers, consolidations and transfers of all or substantially all of the assets of the Issuer;

 

(4)   the Issuer defaults in the performance of or breaches any other covenant or agreement of the Issuer in the indenture or under the notes (other than a default specified in clause (1), (2) or (3) above) and such default or breach continues for the earlier of (i) 60 consecutive days and (ii) such shorter period specified for comparable defaults under any Existing Note Indenture (or under any indenture pursuant to which the Issuer or a Subsidiary Guarantor has issued any Indebtedness that refinances or refunds (x) the Indebtedness under such Existing Note Indenture or (y) such refinancing or refunding Indebtedness) after written notice by the trustee or the holders of 25% or more in aggregate principal amount of the notes;

 

(5)   there occurs with respect to any issue or issues of Indebtedness of the Issuer or any Significant Subsidiary having an outstanding principal amount of $35 million or more in the aggregate for all such issues of all such Persons, whether such Indebtedness now exists or shall hereafter be created,

 

(i) an event of default that has caused the holder thereof to declare such Indebtedness to be due and payable prior to its Stated Maturity and such Indebtedness has not been discharged in full or such acceleration has not been rescinded or annulled within 30 days of such acceleration and/or

 

(ii) the failure to make a principal payment at the final (but not any interim) fixed maturity and such defaulted payment shall not have been made, waived or extended within 30 days of such payment default;

 

(6)   a court of competent jurisdiction enters a decree or order for:

 

(i) relief in respect of the Issuer or any Significant Subsidiary in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect,

 

(ii) appointment of a receiver, liquidator, assignee custodian, trustee, sequestrator or similar official of the Issuer or any Significant Subsidiary or for all or substantially all of the property and assets of the Issuer or any Significant Subsidiary, or

 

(iii) the winding up or liquidation of the affairs of the Issuer or any Significant Subsidiary and, in each case, such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; or

 

(7) the Issuer or any Significant Subsidiary:

 

(i) commences a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or consents to the entry of an order for relief in an involuntary case under such law,

 

(ii) consents to the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of the Issuer or such Significant Subsidiary or for all or substantially all of the property and assets of the Issuer or such Significant Subsidiary, or

 

(iii) effects any general assignment for the benefit of its creditors.

 

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If an Event of Default (other than an Event of Default specified in clause (6) or (7) above that occurs with respect to the Issuer) occurs and is continuing under the indenture, the trustee or the holders of at least 25% in aggregate principal amount of the notes then outstanding, by written notice to the Issuer (and to the trustee if such notice is given by the holders), may, and the trustee at the request of the holders of at least 25% in aggregate principal amount of the notes then outstanding shall, declare the principal of, premium, if any, and accrued interest on the notes to be immediately due and payable. Upon a declaration of acceleration, such principal of, premium, if any, and accrued interest shall be immediately due and payable. In the event of a declaration of acceleration because an Event of Default set forth in clause (5) above has occurred and is continuing, such declaration of acceleration shall be automatically rescinded and annulled if the event of default triggering such Event of Default pursuant to clause (5) shall be remedied or cured by the Issuer or the relevant Significant Subsidiary or waived by the holders of the relevant Indebtedness within 60 days after the declaration of acceleration with respect thereto.

 

If an Event of Default specified in clause (6) or (7) above occurs with respect to the Issuer, the principal of, premium, if any, and accrued interest on the notes then outstanding shall automatically become and be immediately due and payable without any declaration or other act on the part of the trustee or any holder. The holders of at least a majority in principal amount of the outstanding notes by written notice to the Issuer and to the trustee, may waive all past defaults and rescind and annul a declaration of acceleration and its consequences if:

 

(1)       all existing Events of Default, other than the nonpayment of the principal of, premium, if any, and interest on the notes that have become due solely by such declaration of acceleration, have been cured or waived, and

 

(2)        the rescission would not conflict with any judgment or decree of a court of competent jurisdiction.

 

As to the waiver of defaults, see "—Modification and Waiver."

 

The holders of at least a majority in aggregate principal amount of the outstanding notes may direct the time, method and place of conducting any proceeding for any remedy available to the trustee or exercising any trust or power conferred on the trustee. However, the trustee may refuse to follow any direction that conflicts with law or the indenture, that may involve the trustee in personal liability, or that the trustee determines in good faith may be unduly prejudicial to the rights of holders of notes not joining in the giving of such direction, and may take any other action it deems proper that is not inconsistent with any such direction received from holders of notes.

 

A holder may not pursue any remedy with respect to the indenture or the notes unless:

 

(1)          the holder gives the trustee written notice of a continuing Event of Default;

 

(2)          the holders of at least 25% in aggregate principal amount of outstanding notes make a written request to the trustee to pursue the remedy;

 

(3)          such holder or holders offer the trustee indemnity satisfactory to the trustee against any costs, liability or expense;

 

(4)          the trustee does not comply with the request within 60 days after receipt of the request and the offer of indemnity; and

 

(5)          during such 60-day period, the holders of a majority in aggregate principal amount of the outstanding notes do not give the trustee a direction that is inconsistent with the request.

 

However, such limitations do not apply to the right of any holder of a note to receive payment of the principal of, premium, if any, or interest on, such note or to bring suit for the enforcement of any such payment on or after the due date expressed in the notes, which right shall not be impaired or affected without the consent of the holder.

 

The indenture requires certain officers of the Issuer to certify, on or before a date not more than 90 days after the end of each fiscal year, that a review has been conducted of the activities of the Issuer and its Subsidiaries and of its performance under the indenture and that the Issuer has fulfilled all obligations thereunder, or, if there has been a default in fulfillment of any such obligation, specifying each such default and the nature and status thereof. The Issuer will also be obligated to notify the trustee of any default or defaults in the performance of any covenants or agreements under the indenture.

 

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Consolidation, Merger and Sale of Assets

 

The Issuer will not consolidate with or merge with or into, or sell, convey, transfer, lease or otherwise dispose of all or substantially all of its property and assets (as an entirety or substantially an entirety in one transaction or a series of related transactions) to, any Person or permit any Person to merge with or into the Issuer unless:

 

(1) the Issuer shall be the continuing Person, or the Person (if other than the Issuer) formed by such consolidation or into which the Issuer is merged or that acquired or leased such property and assets of the Issuer shall be a corporation, general or limited partnership, limited liability company or other entity (other than an individual) organized and validly existing under the laws of the United States of America or any state or jurisdiction thereof and shall expressly assume, by a supplemental indenture, executed and delivered to the trustee, all of the obligations of the Issuer on the notes and under the indenture;

 

(2)          immediately after giving effect to such transaction, no Default or Event of Default shall have occurred and be continuing;

 

(3)          immediately after giving effect to such transaction on a pro forma basis the Issuer, or any Person becoming the successor obligor of the notes, as the case may be, could Incur at least $1.00 of Indebtedness under paragraphs (1), (2) and (3) of the "Limitation on indebtedness" covenant; provided, however, that this clause (3) shall not apply to a consolidation or merger with or into a Wholly Owned Subsidiary with a positive net worth; provided further, however, that, in connection with any such merger or consolidation, no consideration (other than Capital Stock (other than Disqualified Stock) in the surviving Person or the Issuer) shall be issued or distributed to the holders of Capital Stock of the Issuer; and

 

(4)          the Issuer delivers to the trustee an officers' certificate (attaching the arithmetic computations to demonstrate compliance with clause (3) above) and an opinion of counsel, in each case stating that such consolidation, merger or transfer and such supplemental indenture complies with this covenant and that all conditions precedent provided for herein relating to such transaction have been complied with; provided, however, that clause (3) above does not apply if, in the good faith determination of the Board of Directors of the Issuer, whose determination shall be evidenced by a Board Resolution, the principal purpose of such transaction is to change the state of domicile of the Issuer; provided further, however, that any such transaction shall not have as one of its purposes the evasion of the foregoing limitations.

 

No Subsidiary Guarantor may consolidate with or merge with or into (whether or not such Subsidiary Guarantor is the surviving Person) another Person, unless:

 

(1)          either such Subsidiary Guarantor shall be the continuing Person or the Person (if other than such Subsidiary Guarantor) formed by such consolidation or into which such Subsidiary Guarantor is merged shall be a corporation or other legal entity organized and validly existing under the laws of the United States of America or any state or jurisdiction thereof and shall expressly assume, by a supplemental indenture, executed and delivered to the trustee, all of the obligations of such Subsidiary Guarantor under the Subsidiary Guarantee of such Subsidiary Guarantor and under the indenture; and

 

(2)          immediately after giving effect to such transaction, no Default or Event of Default shall have occurred and be continuing.

 

For purposes of the foregoing, the transfer (by lease, assignment, sale or otherwise, in a single transaction or series of transactions) of all or substantially all of the properties or assets of one or more Subsidiary Guarantors, the Capital Stock of which constitutes all or substantially all of the properties and assets of the Issuer, will be deemed to be the transfer of all or substantially all of the properties and assets of the Issuer.

 

Upon any such consolidation, combination or merger of the Issuer or a Subsidiary Guarantor, or any such sale, conveyance, transfer, lease or other disposition of all or substantially all of the assets of the Issuer in accordance with the foregoing provisions, in which the Issuer or such Subsidiary Guarantor is not the continuing obligor under the notes or its Subsidiary Guarantee, the surviving entity formed by such consolidation or into which the Issuer or such Subsidiary Guarantor is merged or the entity to which the sale, conveyance, transfer, lease or other disposition is made will succeed to, and be substituted for, and may exercise every right and power of, the Issuer or such Subsidiary Guarantor under the indenture, the notes and the Subsidiary Guarantees with the same effect as if such surviving entity had been named therein as the Issuer or such Subsidiary Guarantor and, except in the case of a lease, the Issuer or such Subsidiary Guarantor, as the case may be, will be released from the obligation to pay the principal of and interest on the notes or in respect of its Subsidiary Guarantee, as the case may be, and all of the Issuer’s or such Subsidiary Guarantor’s other obligations and covenants under the notes, the indenture and its Subsidiary Guarantee, if applicable.

 

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Notwithstanding the foregoing, any Subsidiary Guarantor may (i) consolidate with or merge with or into the Issuer or another Subsidiary Guarantor or (ii) convert into a corporation, general or limited partnership, limited liability company or trust organized under the laws of such Subsidiary Guarantor’s jurisdiction of organization or the laws of the United States of America or any state or jurisdiction thereof.

 

Defeasance

 

The Issuer may, at its option and at any time, elect to have its obligations and the obligations of the Subsidiary Guarantors discharged with respect to the outstanding notes ("Legal Defeasance"). Legal Defeasance means that the Issuer and the Subsidiary Guarantors shall be deemed to have paid and discharged the entire indebtedness represented by the notes and the Subsidiary Guarantees, and the indenture shall cease to be of further effect as to all outstanding notes and Subsidiary Guarantees, except as to:

 

(1)   rights of holders to receive payments in respect of the principal of and interest on the notes when such payments are due from the trust funds referred to below,

 

(2)   the Issuer's obligations with respect to the notes concerning issuing temporary notes, registration of notes, mutilated, destroyed, lost or stolen notes, and the maintenance of an office or agency for payment and money for security payments held in trust,

 

(3)   the rights, powers, trust, duties, and immunities of the trustee, and the Issuer's obligation in connection therewith, and

 

(4)   the Legal Defeasance provisions of the indenture.

 

In addition, the Issuer may, at its option and at any time, elect to have its obligations and the obligations of the Subsidiary Guarantors released with respect to most of the covenants under the indenture, except as described otherwise in the indenture ("Covenant Defeasance"), and thereafter any omission to comply with such obligations shall not constitute a Default. In the event Covenant Defeasance occurs, certain Events of Default (not including non-payment, bankruptcy, receivership, rehabilitation and insolvency events) will no longer apply. Covenant Defeasance will not be effective until such bankruptcy, receivership, rehabilitation and insolvency events no longer apply. The Issuer may exercise its Legal Defeasance option regardless of whether it previously exercised Covenant Defeasance.

 

In order to exercise either Legal Defeasance or Covenant Defeasance:

 

(1) the Issuer must irrevocably deposit with the trustee, in trust, for the benefit of the holders, U.S. legal tender, U.S. Government Obligations or a combination thereof, in such amounts as will be sufficient (without reinvestment) in the opinion of a nationally recognized firm of independent public accountants selected by the Issuer, to pay the principal of and interest on the notes on the stated date for payment or on the redemption date of the notes,

 

(2) in the case of Legal Defeasance, the Issuer shall have delivered to the trustee an opinion of counsel in the United States confirming that:

 

(a)          the Issuer has received from, or there has been published by the Internal Revenue Service, a ruling, or

 

(b)          since the date of the indenture, there has been a change in the applicable U.S. federal income tax law,

 

in either case to the effect that, and based thereon this opinion of counsel shall confirm that, the holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the Legal Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred,

 

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(3) in the case of Covenant Defeasance, the Issuer shall have delivered to the trustee an opinion of counsel in the United States reasonably acceptable to the trustee confirming that the holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if the Covenant Defeasance had not occurred,

 

(4) no Default shall have occurred and be continuing on the date of such deposit (other than a Default resulting from the borrowing of funds to be applied to such deposit),

 

(5) the Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a Default under the Indenture or a default under any other material agreement or instrument to which the Issuer or any of its Subsidiaries is a party or by which the Issuer or any of its Subsidiaries is bound (other than any such Default or default resulting solely from the borrowing of funds to be applied to such deposit),

 

(6) the Issuer shall have delivered to the trustee an officers' certificate stating that the deposit was not made by it with the intent of preferring the holders over any other of its creditors or with the intent of defeating, hindering, delaying or defrauding any other of its creditors or others, and

 

(7) the Issuer shall have delivered to the trustee an officers' certificate and an opinion of counsel, each stating that the conditions provided for in, in the case of the officers' certificate, clauses (1) through (6) and, in the case of the opinion of counsel, clauses (2) and/or (3) and (5) of this paragraph have been complied with.

 

If the funds deposited with the trustee to effect Covenant Defeasance are insufficient to pay the principal of and interest on the notes when due, then our obligations and the obligations of the Subsidiary Guarantors under the indenture will be revived and no such defeasance will be deemed to have occurred.

 

Satisfaction and Discharge

 

The indenture will be discharged and will cease to be of further effect (except as to surviving rights or registration of transfer or exchange of the notes, as expressly provided for in the indenture) as to all outstanding notes when

 

(1) either:

 

(A) all the notes theretofore authenticated and delivered (except lost, stolen or destroyed notes which have been replaced or paid and notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer or discharged from such trust) have been delivered to the trustee for cancellation; or

 

(B) all notes not theretofore delivered to the trustee for cancellation (1) have become due and payable or (2) will become due and payable within one year, or are to be called for redemption within one year, under arrangements reasonably satisfactory to the trustee for the giving of notice of redemption by the trustee in the name, and at the expense, of the Issuer, and the Issuer has irrevocably deposited or caused to be deposited with the trustee funds in an amount sufficient to pay and discharge the entire Indebtedness on the notes not theretofore delivered to the trustee for cancellation, for principal of, premium, if any, and interest on the notes to the date of maturity or redemption, as the case may be, together with irrevocable instructions from the Issuer directing the trustee to apply such funds to the payment thereof at maturity or redemption, as the case may be; provided that with respect to any redemption that requires the payment of the Applicable Premium, the amount deposited shall be sufficient for purposes of this paragraph to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the notice of redemption, with any deficit as of the date of the redemption only required to be deposited with the Trustee on or prior to the date of the redemption;

 

(2) the Issuer has paid all other sums payable under the indenture by the Issuer; and

 

(3) the Issuer has delivered to the trustee an officers' certificate and an opinion of counsel stating that all conditions precedent under the indenture relating to the satisfaction and discharge of the indenture have been complied with.

 

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Modification and Waiver

 

Subject to certain limited exceptions allowing modifications and amendments of the indenture without the consent of holders of the notes, modifications and amendments of the indenture may be made by the Issuer and the trustee with the consent of the holders of not less than a majority in aggregate principal amount of the outstanding notes; provided, however, that no such modification or amendment may, without the consent of each holder affected thereby:

 

(1)          change the Stated Maturity of the principal of, or any installment of interest on, any note,

 

(2)          reduce the principal amount of, or premium, if any, or interest on, any note,

 

(3)          change the place of payment of principal of, or premium, if any, or interest on, any note,

 

(4)          impair the right to institute suit for the enforcement of any payment on or after the Stated Maturity (or, in the case of a redemption, on or after the redemption date) of any note,

 

(5)          reduce the above-stated percentages of outstanding notes the consent of whose holders is necessary to modify or amend the indenture,

 

(6)          waive a default in the payment of principal of, premium, if any, or interest on the notes,

 

(7)          voluntarily release a Subsidiary Guarantor of the notes, except as permitted by the indenture,

 

(8)          reduce the percentage or aggregate principal amount of outstanding notes the consent of whose holders is necessary for waiver of compliance with certain provisions of the indenture or for waiver of certain defaults, or

 

(9)          modify or change any provisions of the indenture affecting the ranking of the notes or the Subsidiary Guarantees in any manner adverse to the holders of the notes.

 

No Personal Liability of Incorporators, Stockholders, Officers, Directors, Members, Managers, Employees or Controlling Persons

 

The indenture provides that no recourse for the payment of the principal of, premium, if any, or interest on any of the notes or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Issuer in the indenture, or in any of the notes or because of the creation of any Indebtedness represented thereby, shall be had against any incorporator, stockholder, officer, director, employee or controlling person of the Issuer or the Subsidiary Guarantors or of any successor Person thereof. Each holder, by accepting the notes, waives and releases all such liability.

 

Concerning the Trustee

 

The indenture provides that, except during the continuance of a Default, the trustee will not be liable, except for the performance of such duties as are specifically set forth in the indenture. If an Event of Default has occurred and is continuing, the trustee will use the same degree of care and skill in its exercise of the rights and powers vested in it under the indenture as a prudent person would exercise under the circumstances in the conduct of such person's own affairs.

 

The indenture and provisions of the Trust Indenture Act of 1939 incorporated by reference into the indenture contain limitations on the rights of the trustee, should it become a creditor of the Issuer, to obtain payment of claims in certain cases or to realize on certain property received by it in respect of any such claims, as security or otherwise. The trustee is permitted to engage in other transactions; provided, however, that if it acquires any conflicting interest, it must eliminate such conflict or resign.

 

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CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS

 

The following is a summary of certain material U.S. federal income tax (and, with respect to non-U.S. holders (as defined below) estate tax) consequences relating to the exchange of the initial notes for exchange notes in the exchange offer and the ownership and disposition of the exchange notes, but does not purport to be an analysis of all potential tax effects. This summary is based on the Internal Revenue Code of 1986, as amended, which we refer to as the Code, administrative pronouncements, judicial decisions and final, temporary and proposed Treasury regulations, all as in effect on the date hereof and all of which are subject to change (possibly with retroactive effect) or to different interpretations. This summary is limited to persons who hold the notes as capital assets within the meaning of Section 1221 of the Code. It does not discuss all of the tax consequences that may be relevant to a holder in light of the holder’s particular circumstances (such as the application of the alternative minimum tax) or to holders subject to special rules such as financial institutions, regulated investment companies, real estate investment trusts, controlled foreign corporations, passive foreign investment companies, tax-exempt entities, U.S. holders (as defined below) whose “functional currency” is not the U.S. dollar, insurance companies, partnerships, S corporations and other pass-through entities and investors in such entities, dealers in securities or foreign currencies, persons holding notes as part of a hedge, straddle, “constructive sale,” “conversion” or other integrated transaction, persons subject to U.S. federal estate or gift tax arising from the purchase, ownership, or disposition of the notes, or former U.S. citizens or long-term residents subject to taxation as expatriates under Section 877 of the Code or the effect of any state, local or foreign laws. We have not sought and will not seek any rulings from the Internal Revenue Service, which we refer to as the IRS, with respect to the matters discussed below. There can be no assurance that the IRS will not take a different position concerning the tax consequences of the exchange of the initial notes for exchange notes or the ownership or disposition of the exchange notes or that any such position would not be sustained.

 

As discussed further below, we believe that the exchange of the initial notes for the exchange notes in the exchange offer will not constitute a taxable exchange for U.S. federal income tax purposes. Accordingly, the material U.S. federal income tax consequences of the ownership and disposition of the initial notes, as discussed in the Final Offering Memorandum dated September 16, 2015, remain applicable with respect to the ownership and disposition of the exchange notes, which material U.S. federal income tax consequences are summarized below in substantially the same form as set forth in such Final Offering Memorandum.

 

PLEASE CONSULT YOUR OWN TAX ADVISER REGARDING THE APPLICATION OF U.S. FEDERAL INCOME TAX LAWS TO YOUR PARTICULAR SITUATION AND THE CONSEQUENCES OF FEDERAL ESTATE OR GIFT TAX LAWS, STATE, LOCAL AND FOREIGN TAX LAWS AND TAX TREATIES.

 

As used herein, the term “U.S. holder” means a beneficial owner of a note that is for U.S. federal income tax purposes:

 

· an individual who is a citizen or resident of the United States;

 

· a corporation (including an entity treated as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the United States, any state thereof or the District of Columbia;

 

· an estate, the income of which is subject to U.S. federal income taxation regardless of its source; or

 

· a trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States persons have the authority to control all substantial decisions of the trust or if a valid election is in place to treat the trust as a United States person.

 

Except as modified for estate tax purposes, as used herein, the term “non-U.S. holder” means a beneficial owner of a note that is, for U.S. federal income tax purposes, an individual, corporation, estate, or trust and is not a U.S. holder.

 

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In certain circumstances, we may be obligated to pay you amounts in excess of stated interest or principal on the notes. For example, we would have to pay special interest (also referred to herein as “liquidated damages”) in the form of additional interest to you in certain circumstances described in “Exchange offer; registration rights.” Our obligation to pay such excess amounts may implicate the provisions of the Treasury regulations relating to “contingent payment debt instruments.” Under these regulations, however, one or more contingencies will not cause a debt instrument to be treated as a contingent payment debt instrument if, as of the issue date, such contingencies in the aggregate are “remote” or are considered to be “incidental.” We believe and intend to take the position that the foregoing contingencies should be treated as remote and/or incidental. Our determination is binding on you unless you disclose your contrary position in the manner required by applicable Treasury regulations. Our determination is not, however, binding on the IRS, and if the IRS successfully challenged this determination, it could affect the timing and amount of a holder’s income and could cause the gain from the sale or other disposition of a note to be treated as ordinary income, rather than capital gain. This disclosure assumes that the notes will not be considered contingent payment debt instruments. Holders are urged to consult their own tax advisors regarding the potential application to the notes of the contingent payment debt regulations and the consequences thereof.

 

Tax Consequences to U.S. Holders

 

This section applies to you if you are a U.S. holder.

 

Exchange Offer

 

We believe that the exchange of the initial notes for the exchange notes, which are debt securities identical to the initial notes, but registered under the Securities Act, pursuant to the exchange offer will not constitute a taxable exchange for U.S. federal income tax purposes.  As a result, we believe that (1) a holder will not recognize taxable gain or loss as a result of exchanging such holder’s initial notes for exchange notes; (2) the holding period of the exchange notes received by the holder should include the holding period of such holder’s initial notes; and (3) the adjusted tax basis of the exchange notes received should be the same as the adjusted tax basis of the initial notes exchanged therefore immediately before the exchange.

 

Payments of Stated Interest

 

Stated interest on a note will generally be taxable to you as ordinary income at the time it either accrues or is received in accordance with your regular method of accounting for U.S. federal income tax purposes.

 

Original Issue Discount

 

It is expected that the notes will not be issued with an issue price that is less than their stated redemption price at maturity by more than the statutory de minimis amount. As a result, the notes will not be subject to the original issue discount, which we refer to as OID, rules. If, however, the “stated redemption price at maturity” (generally equal to the sum of all payments required under the notes other than payments of qualified stated interest) of the notes exceeds the issue price by more than a de minimis amount, you will be required to include OID in income for U.S. federal income tax purposes as it accrues under a constant yield method, regardless of your method of accounting. As a result, you may be required to include OID in taxable income prior to the receipt of cash.

 

Sales, Exchange, Retirement, Redemption or Disposition of the Notes

 

Upon the sale, exchange, retirement, redemption or other taxable disposition of a note, you will recognize gain or loss equal to the difference between the amount realized and your adjusted tax basis in the note. Your adjusted tax basis in a note will generally equal the cost of the note to you. The amount realized excludes any amounts attributable to accrued but unpaid stated interest which will be includable in income as interest (taxable as ordinary income) to the extent not previously included in income. Any gain or loss generally will be capital gain or loss and will be long-term capital gain or loss if at the time of the sale, exchange, retirement, redemption or other taxable disposition, the note has been held for more than one year. For non-corporate holders, certain preferential tax rates may apply to gain recognized as long-term capital gain. The deductibility of net capital losses is subject to limitation.  

 

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Medicare Tax

 

A 3.8% Medicare tax will be imposed on a portion or all of the net investment income of certain individuals with a modified adjusted gross income of over $200,000 ($250,000 in the case of joint filers or $125,000 in the case of married individuals filing separately) and on the undistributed net investment income of certain estates and trusts. For these purposes, “net investment income” generally will include interest (including interest paid with respect to a note), dividends, annuities, royalties, rents, net gain attributable to the disposition of property not held in a trade or business (including net gain from the sale, exchange, redemption or other taxable disposition of a note) and certain other income, but will be reduced by any deductions properly allocable to such income or net gain. If you are a U.S. holder that is an individual, estate or trust, you are urged to consult your tax advisors regarding the applicability of the Medicare tax to your income and gains in respect of your investment in the notes.

 

Tax Consequences to Non-U.S. Holders

 

This section applies to you if you are a non-U.S. holder.

 

Payments of Interest

 

Subject to the discussions below concerning effectively connected income, backup withholding, and FATCA (as defined below), payments of interest on the notes by us or any paying agent to you generally will not be subject to U.S. federal withholding tax, provided that (a) pursuant to the “portfolio interest” exception (i) you do not own, actually or constructively, 10% or more of the total combined voting power of all classes of our stock entitled to vote, (ii) you are not a controlled foreign corporation (within the meaning of the Code) that is related, directly or indirectly, to us, (iii) you are not a bank receiving interest on the notes on an extension of credit made pursuant to a loan agreement entered into in the ordinary course of your trade or business and (iv) you certify to us or our paying agent on an appropriate IRS Form W-8 (or suitable substitute form), under penalties of perjury, that you are not a United States person, provided that if you hold the note through a financial institution or other agent acting on your behalf, you provide appropriate documentation to your agent and your agent provides certification under penalties of perjury to us or our paying agent that it has received such appropriate Form W-8 (or suitable substitute form) from you or a qualifying intermediary and furnishes us or our agent with a copy or (b) you are entitled to the benefits of an income tax treaty under which such interest is exempt from U.S. federal withholding tax, and you or your agent provides to us a properly executed, appropriate IRS Form W-8 (or suitable substitute form evidencing eligibility for the exemption). Additional certifications and procedures may be required if the notes are held through intermediaries. Payments of interest on the notes that do not meet the above-described requirements and that are not effectively connected with your conduct of a U.S. trade or business generally will be subject to a U.S. federal income tax of 30% (or such lower rate as provided by an applicable income tax treaty), collected by means of withholding.

 

Sale, Exchange, Retirement, Redemption or Disposition of the Notes

 

Subject to the discussion below concerning effectively connected income, backup withholding, and FATCA, you generally will not be subject to U.S. federal income tax on any gain realized on the sale, exchange, redemption or other taxable disposition of a note unless you are an individual who is present in the United States for at least 183 days during the taxable year of disposition and certain other conditions exist, in which case you will be subject to a 30% United States federal income tax on the gain recognized from the sale, which may be offset by certain U.S. source capital losses, unless an applicable income tax treaty provides otherwise.

 

Exchange Offer

 

As discussed above under “—Tax Consequences to U.S. Holders,” we believe that the exchange of the initial notes for the exchange notes pursuant to the exchange offer will not constitute a taxable exchange for U.S. federal income tax purposes.  

 

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Effectively Connected Income

 

The preceding discussion assumes that the interest and gain received by the non-U.S. holder is not effectively connected with the conduct by such non-U.S. holder of a trade or business in the United States. If you are engaged in a trade or business in the United States and your investment in a note is effectively connected with such trade or business, although you will be exempt from the 30% withholding tax (provided a required certification, generally on IRS Form W-8ECI, or an appropriate substitute, is provided), you generally will be subject to regular U.S. federal income tax at graduated rates on any interest and gain with respect to the notes in the same manner as if you were a U.S. holder, and if you are a foreign corporation you may also be subject to a branch profits tax at 30% (or such lower rate provided by an applicable income tax treaty) on your effectively connected earnings and profits attributable to such interest and gain. If you are eligible for the benefits of a tax treaty, any effectively connected income or gain generally will be subject to U.S. federal income tax only if it is also attributable to a permanent establishment maintained by you in the United States.

 

FATCA

 

Under Sections 1471 through 1474 of the Code, which we refer to as FATCA, unless a “grandfather rule” applies to debt obligations issued by a United States issuer, a 30% withholding tax may be required on certain payments to holders of those obligations (including intermediaries) that do not provide certain information to the applicable withholding agent, which may include the name, address, taxpayer identification number and certain other information with respect to direct and certain indirect U.S. holders. Certain countries have entered into, and other countries are expected to enter into, agreements with the United States to facilitate the type of information reporting required under FATCA, which will reduce, but not eliminate the risk of FATCA withholding for investors in, or holding notes through financial institutions in, such countries. If applicable, FATCA withholding is scheduled to apply to payments of United States source dividends, interest, and other fixed payments beginning January 1, 2014, and to payments from the disposition of property producing such payments (e.g., notes) beginning January 1, 2017. If FATCA withholding were to apply, neither the Company nor any paying agent nor any other person would be required to pay additional amounts as a result of such withholding.

 

Information Reporting and Backup Withholding

 

If you are a U.S. holder, information reporting generally will apply to payments of interest on the notes or the proceeds of the sale or other taxable disposition (including a retirement or redemption) of the notes. Generally, backup withholding will apply to such payments and proceeds if:

 

· you fail to furnish a taxpayer identification number, which we refer to as a TIN, in the prescribed manner;

 

· the IRS notifies us that the TIN furnished by you is incorrect;

 

· the IRS notifies us that you are subject to backup withholding because you failed to report properly the receipt of reportable interest or dividend payments; or

 

· you fail to certify under penalties of perjury that you are not subject to backup withholding.

 

The current U.S. federal backup withholding rate is 28%.

 

If you are a non-U.S. holder, generally backup withholding does not apply to payments of interest if the certification described under “—Tax consequences to non-U.S. holders—Payments of interest” is provided to us (provided that we have no actual knowledge or reason to know that you are a United States person). Information reporting may still apply to payments of interest even if a certification is provided and interest is exempt from such withholding. Payments of proceeds made to a non-U.S. holder upon a sale or other taxable disposition (including a retirement or redemption) of notes by (i) a U.S. office of a broker will be subject to information reporting and backup withholding unless the above-mentioned certification is provided to us and (ii) a foreign office of a foreign broker, will not be subject to information reporting or backup withholding, unless the broker has certain connections with the United States, in which case information reporting (but generally not backup withholding) will apply (except where the broker has in its records documentary evidence that the beneficial owner is not a United States person and certain other conditions are met or the beneficial owner otherwise establishes an exemption). Backup withholding may apply to any payment that the broker is required to report if the broker has actual knowledge or reason to know that the payee is a United States person. In addition to the foregoing, we must report annually to the IRS and to each non-U.S. holder on IRS Form 1042-S the entire amount of interest paid to you. This information may also be made available to the tax authorities in the country you reside under the provisions of an applicable income tax treaty or other agreement.

 

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Backup withholding is not an additional tax. Any amounts withheld from a payment to you under the backup withholding rules generally will be allowed as a refund or credit against your federal income tax liability, provided that the required information is timely furnished to the IRS. Some holders (including, among others, corporations) are generally not subject to information reporting and backup withholding. Holders of notes should consult their tax advisers regarding the application of information reporting and backup withholding to their particular situations, the availability of an exemption therefrom and the procedure for obtaining such an exemption, if available.

 

U.S. Federal Estate Taxes

 

A note held by an individual who is not a citizen or resident of the United States (as specifically defined for estate tax purposes) at the time of death will not be includable in the decedent's gross estate for U.S. estate tax purposes, provided that such holder or beneficial owner did not at the time of death actually or constructively own 10% or more of the combined voting power of all of our classes of stock entitled to vote, and provided that, at the time of death, payments with respect to such note would not have been effectively connected with the conduct by such holder of a trade or business in the United States

 

Possible Legislative or Other Actions Affecting Tax Consequences

 

Prospective holders of our notes should recognize that the current U.S. federal income tax treatment of investment in our company may be modified by legislative, judicial or administrative action at any time and that any of these actions may affect investments and commitments previously made. The rules dealing with U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the Treasury Department, resulting in revisions of regulations and revised interpretations of established concepts as well as statutory changes. Revisions in federal tax laws and interpretations thereof could adversely affect the tax consequences of investment in our company.

 

State and Local Taxes

 

We may be and you may be subject to state or local taxes in other jurisdictions such as those in which we may be deemed to be engaged in activities or own property or other interests. The state and local tax treatment of us may not conform to the federal income tax consequences discussed above.

 

THE U.S. FEDERAL INCOME AND ESTATE TAX SUMMARY SET FORTH ABOVE IS INCLUDED FOR GENERAL INFORMATION ONLY AND MAY NOT BE APPLICABLE DEPENDING UPON YOUR PARTICULAR SITUATION. YOU SHOULD CONSULT YOUR OWN TAX ADVISORS WITH RESPECT TO THE TAX CONSEQUENCES TO YOU OF THE EXCHANGE OF THE INITIAL NOTES FOR EXCHANGE NOTES PURSUANT TO THE EXCHANGE OFFER AND THE OWNERSHIP AND DISPOSITION OF THE EXCHANGE NOTES, INCLUDING THE TAX CONSEQUENCES UNDER STATE, LOCAL, FOREIGN AND OTHER TAX LAWS AND THE POSSIBLE EFFECTS OF CHANGES IN FEDERAL OR OTHER TAX LAWS.

 

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PLAN OF DISTRIBUTION

 

If you are a broker-dealer and hold initial notes for your own account as a result of market-making activities or other trading activities and you receive exchange notes in exchange for initial notes in the exchange offer, then you may be a statutory underwriter and must acknowledge that you will deliver a prospectus in connection with any resale of these exchange notes.  This prospectus, as it may be amended or supplemented from time to time, may be used by a broker-dealer in connection with resales of exchange notes received in exchange for initial notes where such initial notes were acquired as a result of market-making activities or other trading activities.  Unless you are a broker-dealer, you must acknowledge that you are not engaged in, do not intend to engage in, and have no arrangement or understanding with any person to participate in a distribution of exchange notes.  We have agreed, for a period of 90 days after consummation of the exchange offer, to make available a prospectus meeting the requirements of the Securities Act to any broker-dealer for use in connection with any resale of any such exchange notes acquired. We have agreed to pay all expenses incident to our obligations in connection with the exchange offer, other than commissions, counsel fees and concessions of any broker-dealer, and will indemnify the holders of initial notes, including any broker-dealers, against certain liabilities, including liabilities under the Securities Act.

 

Neither we nor any subsidiary guarantor will receive any proceeds in connection with the exchange offer or any sale of exchange notes by broker-dealers.  Exchange notes received by broker-dealers for their own account pursuant to the exchange offer may be sold from time to time in one or more transactions in the over-the-counter market, in negotiated transactions, through the writing of options on the exchange notes or a combination of these methods of resale, at market prices prevailing at the time of resale, at prices related to such prevailing market prices or negotiated prices.  Any resale may be made directly to purchasers or to or through brokers or dealers who may receive compensation in the form of commissions or concessions from any such broker-dealers or the purchasers of any such exchange notes.  Any broker-dealer that resells exchange notes that were received by it for its own account pursuant to the exchange offer and any broker-dealer that participates in a distribution of such exchange notes may be deemed to be an “underwriter” within the meaning of the Securities Act and any profit on any such resale of exchange notes and any commissions or concessions received by any such persons may be deemed to be underwriting compensation under the Securities Act.  By acknowledging that it will deliver a prospectus, a broker-dealer will not be deemed to admit that it is an “underwriter” within the meaning of the Securities Act.

 

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LEGAL MATTERS

 

Bryan Cave LLP, Atlanta, Georgia will pass upon certain legal matters in connection with the exchange notes offered hereby. Other counsels have passed upon certain legal matters relating to selected subsidiary guarantors in connection with the exchange notes offered hereby.

 

EXPERTS

 

Our consolidated financial statements appearing in our Annual Report on Form 10-K for the year ended December 31, 2014 (including schedules appearing therein), and the effectiveness of our internal control over financial reporting as of December 31, 2014 have been audited by Ernst & Young LLP, independent registered public accounting firm, as set forth in their reports thereon, included therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such reports given on the authority of such firm as experts in accounting and auditing.

 

The consolidated financial statements of Aviv REIT, Inc. and Aviv Healthcare Properties Limited Partnership for the year ended December 31, 2014 appearing in our Form 8-K filed April 3, 2015 (including schedules appearing therein), and the effectiveness of internal control over financial reporting of Aviv REIT, Inc. and Aviv Healthcare Properties Limited Partnership as of December 31, 2014 have been audited by Ernst & Young LLP, independent registered public accounting firm, as set forth in their reports thereon, included therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such reports given on the authority of such firm as experts in accounting and auditing.

 

INCORPORATION OF DOCUMENTS BY REFERENCE

 

The SEC allows us to “incorporate by reference” the information we file with the SEC, which means that we can disclose important information to you by referring to our other filings with the SEC. The information that we incorporate by reference is considered a part of this prospectus and information that we file later with the SEC will automatically update and supersede the information contained in this prospectus. We incorporate by reference into this prospectus the documents set forth below that we have filed with the SEC, and any future filings by us under sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of the initial registration statement and prior to effectiveness of the registration statement (except for any information therein which has been “furnished” rather than “filed” and any sections thereof which project future results or performance, which shall not be incorporated herein) :

 

· our Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on February 27, 2015 and as amended on April 30, 2015;

 

· our Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2015, June 30, 2015 and September 30, 2015, filed with the Commission on May 8, 2015, August 5, 2015 and November 6 , 2015, respectively;

 

· our Current Reports* on Form 8-K, filed with the SEC on February 3, 2015, February 9, 2015, February 11, 2015, March 11, 2015, March 13, 2015, March 24, 2015, March 27, 2015, April 3, 2015, June 15, 2015, June 17, 2015, July 20, 2015, July 31, 2015, September 4, 2015, September 16, 2015, September 29, 2015 and October 27, 2015.

_____________ 

* We are not incorporating and will not incorporate by reference into this prospectus past or future information on reports furnished or that will be furnished under Items 2.02 and/or 7.01 of, or otherwise with, Form 8-K.

 

All documents we file later with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this prospectus and prior to the termination of the offering of our securities as described in this prospectus will be deemed to be incorporated by reference into this prospectus, other than information in the documents that is not deemed to be filed with the SEC. A statement contained in this prospectus or in a document incorporated or deemed to be incorporated by reference into this prospectus will be deemed to be modified or superseded to the extent that a statement contained in any subsequently filed document that is incorporated by reference into this prospectus, modifies or supersedes that statement. Any statements so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this prospectus.

 

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We will provide without charge to each person to whom this prospectus is delivered, upon written or oral request of any person, a copy of any or all of the documents incorporated herein by reference, other than exhibits to the documents, unless the exhibits are specifically incorporated by reference into the documents that this prospectus incorporates. Requests for copies in writing or by telephone should be directed to:

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, MD 21030

Attn: Chief Financial Officer

(410) 427-1700

 

WHERE YOU CAN FIND MORE INFORMATION

 

We file annual, quarterly and current reports, proxy statements and other information with the SEC. You may read and copy any document we file with the SEC at its public reference room at 100 F Street, N.E., Washington, D.C. 20549. You can call the SEC at 1-800-SEC-0330 for further information on the operation of the public reference room. Our SEC filings are also available to the public at the web site maintained by the SEC at www.sec.gov, as well as on our website at www.omegahealthcare.com. You may inspect information that we file with the New York Stock Exchange at its offices at 20 Broad Street, New York, New York 10005. Information on our website is not incorporated by reference herein and our web address is included as an inactive textual reference only.

 

  52    
Table of Contents      

 

 

Omega Healthcare Investors, Inc.

Exchange Offer

 

$600,000,000 5.250% Senior Notes due 2026

for $600,000,000 5.250% Senior Notes due 2026

that have been registered under the Securities Act of 1933

 

     
Table of Contents      

 

PART II

 

INFORMATION NOT REQUIRED IN THE PROSPECTUS

 

Item 20. Indemnification of Directors and Officers

 

The articles of incorporation and bylaws of Omega provide for indemnification of directors and officers to the maximum extent permitted by Maryland law.

 

Section 2-418 of the General Corporation Law of the State of Maryland generally permits indemnification of any director or officer with respect to any proceedings unless it is established that: (a) the act or omission of the director or officer was material to the matter giving rise to the proceeding and was either committed in bad faith or the result of active and deliberate dishonesty; (b) the director or officer actually received an improper personal benefit in money, property or services; or (c) in the case of a criminal proceeding, the director or officer had reasonable cause to believe that the act or omission was unlawful.  The indemnity may include judgments, penalties, fines, settlements, and reasonable expenses actually incurred by the director or officer in connection with the proceedings.  However, a corporation may not indemnify a director or officer who shall have been adjudged to be liable to the corporation, or who instituted a proceeding against the corporation (unless such proceeding was brought to enforce the indemnification provisions of Section 2-418, or the charter, bylaws, a resolution of the board of directors of the corporation or an agreement approved by the board of directors).  In addition, a director may not be indemnified under Section 2-418 in respect of any proceeding charging improper personal benefit to the director, whether or not involving action in the director’s official capacity, in which the director was adjudged to be liable on the basis that personal benefit was improperly received.  The termination of any proceeding by judgment, order or settlement does not create a presumption that the director or officer did not meet the requisite standard of conduct required for permitted indemnification. The termination of any proceeding by conviction, or plea of nolo contendere or its equivalent, or an entry of an order of probation prior to judgment, creates a rebuttable presumption that the director or officer did not meet that standard of conduct.  A director or officer who has been successful on the merits or otherwise, in the defense of any proceeding referred to above shall be indemnified against any reasonable expenses incurred by the director or officer in connection with the proceeding.  As noted below, the SEC may limit the corporation’s obligation to provide this indemnification.

 

Omega has also entered into indemnity agreements with the officers and directors of Omega that provide that Omega will, subject to certain conditions, pay on behalf of the indemnified party any amount which the indemnified party is or becomes legally obligated to pay because of any act or omission or neglect or breach of duty, including any actual or alleged error or misstatement or misleading statement, which the indemnified party commits or suffers while acting in the capacity as an officer or director of Omega. Once an initial determination is made by Omega that a director or officer did not act in bad faith or for personal benefit, the indemnification provisions contained in the charter, bylaws, and indemnity agreements would require Omega to advance any reasonable expenses incurred by the director or officer, and to pay the costs, judgments, and penalties determined against a director or officer in a proceeding brought against them.

 

Insofar as indemnification for liabilities arising under the Securities Act is permitted to directors and officers of the registrants pursuant to the above-described provisions, the registrants understand that the SEC is of the opinion that such indemnification contravenes federal public policy as expressed in said act and therefore is unenforceable.

 

Item 21. Exhibits and Financial Statement Schedules.  

 

(a)        Exhibits . Reference is made to the Index of Exhibits filed as part of this registration statement.

 

(b)      Financial Statement Schedules . All schedules have been omitted because they are not applicable or because the required information is shown in the financial statements or notes thereto.

 

  II- 1  

 

Item 22. Undertakings.

 

(a)          The undersigned registrants hereby undertake:

 

(1)          To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

 

(i)           To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;

 

(ii)         To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

 

(iii)          To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

 

(2)          That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(3)          To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

 

(4)          That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.

 

(5)       That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, the undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrants will be sellers to the purchaser and will be considered to offer or sell such securities to such purchaser:

 

i.             Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

 

ii.            Any free writing prospectus relating to the offering  prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;

 

iii.           The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrants or their securities provided by or on behalf of the undersigned registrants; and

 

iv.           Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

 

  II- 2  

 

(d)         The undersigned registrants hereby undertake, that, for purposes of determining any liability under the Securities Act of 1933, each filing of a registrant’s annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(e)         The undersigned registrants hereby undertake as follows: that prior to any public reoffering of the securities registered hereunder through use of a prospectus which is a part of this registration statement, by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c), the issuer undertakes that such reoffering prospectus will contain the information called for by the applicable registration form with respect to reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.

 

(f)           The undersigned registrants undertake that every prospectus (i) that is filed pursuant to paragraph (e) immediately preceding, or (ii) that purports to meet the requirements of section 10(a)(3) of the Act and is used in connection with an offering of securities subject to Rule 415, will be filed as a part of an amendment to the registration statement and will not be used until such amendment is effective, and that, for purposes of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(g)           Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrants pursuant to the foregoing provisions, or otherwise, the registrants have been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrants of expenses incurred or paid by a director, officer or controlling person of the registrants in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrants will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

 

(h)          The undersigned registrants hereby undertake to respond to requests for information that is incorporated by reference into the prospectus pursuant to Items 4, 10(b), 11, or 13 of this Form, within one business day of receipt of such request, and to send the incorporated documents by first class mail or other equally prompt means. This includes information contained in documents filed subsequent to the effective date of the registration statement through the date of responding to the request.

 

(i)           The undersigned registrants hereby undertake to supply by means of a post-effective amendment all information concerning a transaction, and the company being acquired involved therein, that was not the subject of and included in the registration statement when it became effective.

 

  II- 3  

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Hunt Valley, State of Maryland, on this 12 th day of November, 2015.

 

  OMEGA HEALTHCARE INVESTORS, INC.
   
  By: /s/ C. Taylor Pickett
    C. Taylor Pickett
    Chief Executive Officer

 

POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS , that each person who signature appears below constitutes and appoints C. Taylor Pickett and Robert O. Stephenson, or either of them, his true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any or all amendments to this registration statement and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto either of said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully as to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that either of said attorneys-in-fact and agents, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on this 12 th day of November, 2015.

 

Signature   Position  
       
  /s/ C. Taylor Pickett      
C. Taylor Pickett  

Chief Executive Officer and Director

(Principal Executive Officer)

 
  /s/ Robert O. Stephenson      
Robert O. Stephenson  

Chief Financial Officer

(Principal Financial Officer)

 
  /s/ Michael D. Ritz      
Michael D. Ritz  

Chief Accounting Officer

(Principal Accounting Officer)

 
  /s/ Bernard J. Korman      
 Bernard J. Korman   Chairman of the Board of Directors  
       
  /s/ Craig M. Bernfield      
Craig M. Bernfield   Director  
       
  /s/ Norman Bobins      
Norman Bobins   Director  
       
  /s/ Craig R. Callen      
 Craig R. Callen   Director  
       
  /s/ Thomas F. Franke      
 Thomas F. Franke   Director  

 

     
Table of Contents      

 

  /s/ Barbara B. Hill      
Barbara B. Hill    Director  
       
  /s/ Harold J. Kloosterman      
Harold J. Kloosterman   Director  
       
  /s/ Edward Lowenthal      
Edward Lowenthal   Director  
       
  /s/ Ben W. Perks      
Ben W. Perks   Director  
       
  /s/ Stephen D. Plavin      
Stephen D. Plavin   Director  

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, C. Taylor Pickett has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Hunt Valley, State of Maryland, on this 12 th   day of November, 2015.

 

  11900 East Artesia Boulevard, LLC
  1200 Ely Street Holdings Co. LLC
  13922 Cerise Avenue, LLC
  1628 B Street, LLC
  2400 Parkside Drive, LLC
  2425 Teller Avenue, LLC
  245 East Wilshire Avenue, LLC
  3232 Artesia Real Estate, LLC
  3806 Clayton Road, LLC
  42235 County Road Holdings Co. LLC
  446 Sycamore Road, L.L.C.
  48 High Point Road, LLC
  523 Hayes Lane, LLC
  637 East Romie Lane, LLC
  Alamogordo Aviv, L.L.C.
  Albany Street Property, L.L.C.
  Arizona Lessor - Infinia, LLC
  Arkansas Aviv, L.L.C.
  Arma Yates, L.L.C.
  Avery Street Property, L.L.C
  Aviv Asset Management, L.L.C.
  Aviv Financing I, L.L.C.
  Aviv Financing II, L.L.C.
  Aviv Financing III, L.L.C.
  Aviv Financing IV, L.L.C.
  Aviv Financing V, L.L.C.
  Aviv Foothills, L.L.C.
  Aviv Healthcare Capital Corporation
  Aviv Healthcare Properties Operating Partnership I, L.P.
  Aviv Liberty, L.L.C.

 

     
Table of Contents      

 

  Avon Ohio, L.L.C.
  Bala Cynwyd Real Estate, LP
  Bayside Colorado Healthcare Associates, LLC
  Bayside Street II, LLC
  Bayside Street, LLC
  Belleville Illinois, L.L.C.
  Bellingham II Associates, L.L.C.
  Bethel ALF Property, L.L.C.
  BHG Aviv, L.L.C.
  Biglerville Road, L.L.C.
  Bonham Texas, L.L.C.
  Bradenton ALF Property, L.L.C.
  Burton NH Property, L.L.C.
  California Aviv Two, L.L.C.
  California Aviv, L.L.C.
  Camas Associates, L.L.C.
  Canton Health Care Land, LLC
  Carnegie Gardens LLC
  Casa/Sierra California Associates, L.L.C.
  CFG 2115 Woodstock Place LLC
  Champaign Williamson Franklin, L.L.C.
  Chardon Ohio Property Holdings, L.L.C.
  Chardon Ohio Property, L.L.C.
  Chatham Aviv, L.L.C.
  Chippewa Valley, L.L.C.
  CHR Bartow LLC
  CHR Boca Raton LLC
  CHR Bradenton LLC
  CHR Cape Coral LLC
  CHR Fort Myers LLC
  CHR Fort Walton Beach LLC
  CHR Lake Wales LLC
  CHR Lakeland LLC
  CHR Pompano Beach Broward LLC
  CHR Pompano Beach LLC
  CHR Sanford LLC
  CHR Spring Hill LLC
  CHR St. Pete Bay LLC
  CHR St. Pete Egret LLC
  CHR Tampa Carrollwood LLC
  CHR Tampa LLC
  CHR Tarpon Springs LLC
  CHR Titusville LLC
  Clarkston Care, L.L.C.
  Clayton Associates, L.L.C.
  Colonial Gardens, LLC
  Colonial Madison Associates, L.L.C.
  Colorado Lessor - Conifer, LLC
  Columbus Texas Aviv, L.L.C.
  Columbus Western Avenue, L.L.C.
  Colville Washington Property, L.L.C.
  Commerce Nursing Homes, L.L.C.
  Commerce Sterling Hart Drive, L.L.C.
  Conroe Rigby Owen Road, L.L.C.

 

     
Table of Contents      

 

  CR Aviv, L.L.C.
  Crete Plus Five Property, L.L.C.
  Crooked River Road, L.L.C.
  CSE Albany LLC
  CSE Amarillo LLC
  CSE Arden L.P.
  CSE Augusta LLC
  CSE Bedford LLC
  CSE Blountville LLC
  CSE Bolivar LLC
  CSE Cambridge LLC
  CSE Cambridge Realty LLC
  CSE Camden LLC
  CSE Canton LLC
  CSE Casablanca Holdings II LLC
  CSE Casablanca Holdings LLC
  CSE Cedar Rapids LLC
  CSE Centennial Village, LP
  CSE Chelmsford LLC
  CSE Chesterton LLC
  CSE Claremont LLC
  CSE Corpus North LLC
  CSE Denver Iliff LLC
  CSE Denver LLC
  CSE Douglas LLC
  CSE Elkton LLC
  CSE Elkton Realty LLC
  CSE Fairhaven LLC
  CSE Fort Wayne LLC
  CSE Frankston LLC
  CSE Georgetown LLC
  CSE Green Bay LLC
  CSE Hilliard LLC
  CSE Huntingdon LLC
  CSE Huntsville LLC
  CSE Indianapolis-Continental LLC
  CSE Indianapolis-Greenbriar LLC
  CSE Jacinto City LLC
  CSE Jefferson City LLC
  CSE Jeffersonville-Hillcrest Center LLC
  CSE Jeffersonville-Jennings House LLC
  CSE Kerrville LLC
  CSE King L.P.
  CSE Kingsport LLC
  CSE Knightdale L.P.
  CSE Lake City LLC
  CSE Lake Worth LLC
  CSE Lakewood LLC
  CSE Las Vegas LLC
  CSE Lawrenceburg LLC
  CSE Lenoir L.P.
  CSE Lexington Park LLC
  CSE Lexington Park Realty LLC
  CSE Ligonier LLC

 

     
Table of Contents      

 

  CSE Live Oak LLC
  CSE Lowell LLC
  CSE Marianna Holdings LLC
  CSE Memphis LLC
  CSE Mobile LLC
  CSE Moore LLC
  CSE North Carolina Holdings I LLC
  CSE North Carolina Holdings II LLC
  CSE Omro LLC
  CSE Orange Park LLC
  CSE Orlando-Pinar Terrace Manor LLC
  CSE Orlando-Terra Vista Rehab LLC
  CSE Pennsylvania Holdings, LP
  CSE Piggott LLC
  CSE Pilot Point LLC
  CSE Pine View LLC
  CSE Ponca City LLC
  CSE Port St. Lucie LLC
  CSE Richmond LLC
  CSE Ripley LLC
  CSE Ripon LLC
  CSE Safford LLC
  CSE Salina LLC
  CSE Seminole LLC
  CSE Shawnee LLC
  CSE Spring Branch LLC
  CSE Stillwater LLC
  CSE Taylorsville LLC
  CSE Texarkana LLC
  CSE Texas City LLC
  CSE The Village LLC
  CSE Upland LLC
  CSE Walnut Cove L.P.
  CSE West Point LLC
  CSE Whitehouse LLC
  CSE Williamsport LLC
  CSE Winter Haven LLC
  CSE Woodfin L.P.
  CSE Yorktown LLC
  Cuyahoga Falls Property, L.L.C.
  Dallas Two Property, L.L.C.
  Danbury ALF Property, L.L.C.
  Darien ALF Property, L.L.C.
  Delta Investors I, LLC
  Delta Investors II, LLC
  Denison Texas, L.L.C.
  Desert Lane LLC
  Dixie White House Nursing Home, LLC
  Dixon Health Care Center, LLC
  East Rollins Street, L.L.C.
  Edgewood Drive Property, L.L.C.
  Effingham Associates, L.L.C.
  Elite Mattoon, L.L.C.
  Elite Yorkville, L.L.C.

 

     
Table of Contents      

 

  Encanto Senior Care, LLC
  Falcon Four Property Holding, L.L.C.
  Falcon Four Property, L.L.C.
  Falfurrias Texas, L.L.C.
  Florida ALF Properties, L.L.C.
  Florida Four Properties, L.L.C.
  Florida Lessor – Meadowview, LLC
  Florida Real Estate Company, LLC
  Fort Stockton Property, L.L.C.
  Four Fountains Aviv, L.L.C.
  Fredericksburg South Adams Street, L.L.C.
  Freewater Oregon, L.L.C.
  Fullerton California, L.L.C.
  G&L Gardens, LLC
  Gardnerville Property, L.L.C.
  Georgia Lessor - Bonterra/Parkview, LLC
  Germantown Property, L.L.C.
  Giltex Care, L.L.C.
  Glendale NH Property, L.L.C.
  Golden Hill Real Estate Company, LLC
  Gonzales Texas Property, L.L.C.
  Great Bend Property, L.L.C.
  Greenbough, LLC
  Greenville Kentucky Property, L.L.C.
  Heritage Monterey Associates, L.L.C.
  HHM Aviv, L.L.C.
  Hidden Acres Property, L.L.C.
  Highland Leasehold, L.L.C.
  Hobbs Associates, L.L.C.
  Hot Springs Atrium Owner, LLC
  Hot Springs Aviv, L.L.C.
  Hot Springs Cottages Owner, LLC
  Hot Springs Marina Owner, LLC
  Houston Texas Aviv, L.L.C.
  Hutchinson Kansas, L.L.C.
  Hutton I Land, LLC
  Hutton II Land, LLC
  Hutton III Land, LLC
  Idaho Associates, L.L.C.
  Illinois Missouri Properties, L.L.C.
  Indiana Lessor – Wellington Manor, LLC
  Iowa Lincoln County Property, L.L.C.
  Jasper Springhill Street, L.L.C.
  Kansas Five Property, L.L.C.
  Karan Associates Two, L.L.C.
  Karan Associates, L.L.C.
  Karissa Court Property, L.L.C.
  KB Northwest Associates, L.L.C.
  Kentucky NH Properties, L.L.C.
  Kingsville Texas, L.L.C.
  LAD I Real Estate Company, LLC
  Leatherman 90-1, LLC
  Leatherman Partnership 89-1, LLC
  Leatherman Partnership 89-2, LLC

 

     
Table of Contents      

 

  Louisville Dutchmans Property, L.L.C.
  Magnolia Drive Property, L.L.C.
  Manor Associates, L.L.C.
  Mansfield Aviv, L.L.C.
  Massachusetts Nursing Homes, L.L.C.
  McCarthy Street Property, L.L.C.
  Meridian Arms Land, LLC
  Minnesota Associates, L.L.C.
  Mishawaka Property, L.L.C.
  Missouri Associates, L.L.C.
  Missouri Regency Associates, L.L.C.
  Montana Associates, L.L.C.
  Monterey Park Leasehold Mortgage, L.L.C.
  Mount Washington Property, L.L.C.
  Mt. Vernon Texas, L.L.C.
  Murray County, L.L.C.
  Muscatine Toledo Properties, L.L.C.
  N.M. Bloomfield Three Plus One Limited Company
  N.M. Espanola Three Plus One Limited Company
  N.M. Lordsburg Three Plus One Limited Company
  N.M. Silver City Three Plus One Limited Company
  New Hope Property, L.L.C.
  Newtown ALF Property, L.L.C.
  Nicholasville Kentucky Property, L.L.C.
  North Las Vegas LLC
  North Royalton Ohio Property, L.L.C.
  Norwalk ALF Property, L.L.C.
  NRS Ventures, L.L.C.
  Oakland Nursing Homes, L.L.C.
  Ocean Springs Nursing Home, LLC
  October Associates, L.L.C.
  Ogden Associates, L.L.C.
  OHI (Connecticut) , LLC
  OHI (Illinois), LLC
  OHI (Indiana) , LLC
  OHI (Iowa) , LLC
  OHI Asset (AR) Ash Flat, LLC
  OHI Asset (AR) Camden, LLC
  OHI Asset (AR) Conway, LLC
  OHI Asset (AR) Des Arc, LLC
  OHI Asset (AR) Hot Springs, LLC
  OHI Asset (AR) Malvern, LLC
  OHI Asset (AR) Mena, LLC
  OHI Asset (AR) Pocahontas, LLC
  OHI Asset (AR) Sheridan, LLC
  OHI Asset (AR) Walnut Ridge, LLC
  OHI Asset (AZ) Austin House, LLC
  OHI Asset (CA), LLC
  OHI Asset (CO), LLC
  OHI Asset (CT) Lender, LLC
  OHI Asset (FL) Eustis, LLC
  OHI Asset (FL) Lake Placid, LLC
  OHI Asset (FL) Lender, LLC
  OHI Asset (FL) Lutz, LLC

 

     
Table of Contents      

 

  OHI Asset (FL) Pensacola - Hillview, LLC
  OHI Asset (FL), LLC
  OHI Asset (GA) Dunwoody, LLC
  OHI Asset (GA) Macon, LLC
  OHI Asset (GA) Moultrie, LLC
  OHI Asset (GA) Roswell, LLC
  OHI Asset (GA) Snellville, LLC
  OHI Asset (ID) Holly, LLC
  OHI Asset (ID) Midland, LLC
  OHI Asset (ID), LLC
  OHI Asset (IL), LLC
  OHI Asset (IN) American Village, LLC
  OHI Asset (IN) Anderson, LLC
  OHI Asset (IN) Beech Grove, LLC
  OHI Asset (IN) Clarksville, LLC
  OHI Asset (IN) Clinton, LLC
  OHI Asset (IN) Connersville, LLC
  OHI Asset (IN) Crown Point, LLC
  OHI Asset (IN) Eagle Valley, LLC
  OHI Asset (IN) Elkhart, LLC
  OHI Asset (IN) Forest Creek, LLC
  OHI Asset (IN) Fort Wayne, LLC
  OHI Asset (IN) Franklin, LLC
  OHI Asset (IN) Greensburg, LLC
  OHI Asset (IN) Indianapolis, LLC
  OHI Asset (IN) Jasper, LLC
  OHI Asset (IN) Kokomo, LLC
  OHI Asset (IN) Lafayette, LLC
  OHI Asset (IN) Madison, LLC
  OHI Asset (IN) Monticello, LLC
  OHI Asset (IN) Noblesville, LLC
  OHI Asset (IN) Rosewalk, LLC
  OHI Asset (IN) Salem, LLC
  OHI Asset (IN) Seymour, LLC
  OHI Asset (IN) Spring Mill, LLC
  OHI Asset (IN) Terre Haute, LLC
  OHI Asset (IN) Wabash, LLC
  OHI Asset (IN) Westfield, LLC
  OHI Asset (IN) Zionsville, LLC
  OHI Asset (LA) Baton Rouge, LLC
  OHI Asset (LA), LLC
  OHI Asset (MD), LLC
  OHI Asset (MI) Heather Hills, LLC
  OHI Asset (MI), LLC
  OHI Asset (MO), LLC
  OHI Asset (MS) Byhalia, LLC
  OHI Asset (MS) Cleveland, LLC
  OHI Asset (MS) Clinton, LLC
  OHI Asset (MS) Columbia, LLC
  OHI Asset (MS) Corinth, LLC
  OHI Asset (MS) Greenwood, LLC
  OHI Asset (MS) Grenada, LLC
  OHI Asset (MS) Holly Springs, LLC
  OHI Asset (MS) Indianola, LLC

 

     
Table of Contents      

 

  OHI Asset (MS) Natchez, LLC
  OHI Asset (MS) Picayune, LLC
  OHI Asset (MS) Vicksburg, LLC
  OHI Asset (MS) Yazoo City, LLC
  OHI Asset (NC) Wadesboro, LLC
  OHI Asset (NY) 2nd Avenue, LLC
  OHI Asset (NY) 93rd Street, LLC
  OHI Asset (OH) Lender, LLC
  OHI Asset (OH), LLC
  OHI Asset (OR) Portland, LLC
  OHI Asset (OR) Troutdale, LLC
  OHI Asset (PA) GP, LLC
  OHI Asset (PA) West Mifflin, LP
  OHI Asset (PA), LLC
  OHI Asset (PA), LP
  OHI Asset (SC) Aiken, LLC
  OHI Asset (SC) Anderson, LLC
  OHI Asset (SC) Easley Anne, LLC
  OHI Asset (SC) Easley Crestview, LLC
  OHI Asset (SC) Edgefield, LLC
  OHI Asset (SC) Greenville Griffith, LLC
  OHI Asset (SC) Greenville Laurens, LLC
  OHI Asset (SC) Greenville North, LLC
  OHI Asset (SC) Greenville, LLC
  OHI Asset (SC) Greer, LLC
  OHI Asset (SC) Marietta, LLC
  OHI Asset (SC) McCormick, LLC
  OHI Asset (SC) Orangeburg, LLC
  OHI Asset (SC) Pickens East Cedar, LLC
  OHI Asset (SC) Pickens Rosemond, LLC
  OHI Asset (SC) Piedmont, LLC
  OHI Asset (SC) Simpsonville SE Main, LLC
  OHI Asset (SC) Simpsonville West Broad, LLC
  OHI Asset (SC) Simpsonville West Curtis, LLC
  OHI Asset (TN) Bartlett, LLC
  OHI Asset (TN) Collierville, LLC
  OHI Asset (TN) Jefferson City, LLC
  OHI Asset (TN) Memphis, LLC
  OHI Asset (TN) Rogersville, LLC
  OHI Asset (TX) Anderson, LLC
  OHI Asset (TX) Bryan, LLC
  OHI Asset (TX) Burleson, LLC
  OHI Asset (TX) College Station, LLC
  OHI Asset (TX) Comfort, LLC
  OHI Asset (TX) Diboll, LLC
  OHI Asset (TX) Granbury, LLC
  OHI Asset (TX) Hondo, LLC
  OHI Asset (TX) Italy, LLC
  OHI Asset (TX) Winnsboro, LLC
  OHI Asset (TX), LLC
  OHI Asset (UT) Ogden, LLC
  OHI Asset (UT) Provo, LLC
  OHI Asset (UT) Roy, LLC
  OHI Asset (VA) Charlottesville, LLC

 

     
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  OHI Asset (VA) Farmville, LLC
  OHI Asset (VA) Hillsville, LLC
  OHI Asset (VA) Martinsville SNF, LLC
  OHI Asset (VA) Rocky Mount, LLC
  OHI Asset (WA) Battle Ground, LLC
  OHI Asset (WA) Fort Vancouver, LLC
  OHI Asset (WV) Danville, LLC
  OHI Asset (WV) Ivydale, LLC
  OHI Asset CHG ALF, LLC
  OHI Asset CSB LLC
  OHI Asset CSE-E Subsidiary, LLC
  OHI Asset CSE-E, LLC
  OHI Asset CSE-U Subsidiary, LLC
  OHI Asset CSE-U, LLC
  OHI Asset HUD CFG, LLC
  OHI Asset HUD Delta, LLC
  OHI Asset HUD H-F, LLC
  OHI Asset HUD SF CA, LLC
  OHI Asset HUD SF, LLC
  OHI Asset HUD WO, LLC
  OHI Asset II (CA), LLC
  OHI Asset II (FL), LLC
  OHI Asset II (PA), LP
  OHI Asset III (PA), LP
  OHI Asset IV (PA) Silver Lake, LP
  OHI Asset Management, LLC
  OHI Asset RO PMM Services, LLC
  OHI Asset RO, LLC
  OHI Asset, LLC
  OHI Healthcare Properties Holdco, Inc.
  OHI Healthcare Properties Limited Partnership
  OHI Mezz Lender, LLC
  OHI Tennessee, LLC
  OHIMA, LLC
  Ohio Aviv Three, L.L.C.
  Ohio Aviv Two, L.L.C.
  Ohio Aviv, L.L.C.
  Ohio Indiana Property, L.L.C.
  Ohio Pennsylvania Property, L.L.C.
  Oklahoma Two Property, L.L.C.
  Oklahoma Warr Wind, L.L.C.
  Omaha Associates, L.L.C.
  Omega TRS I, Inc.
  Orange ALF Property, L.L.C.
  Orange Village Care Center, LLC
  Orange, L.L.C.
  Oregon Associates, L.L.C.
  Oso Avenue Property, L.L.C.
  Ostrom Avenue Property, L.L.C.
  Palm Valley Senior Care, LLC
  Panama City Nursing Center LLC
  Pavillion North Partners, LLC
  Pavillion North, LLP
  Pavillion Nursing Center North, LLC

 

     
Table of Contents      

 

  Peabody Associates Two, L.L.C.
  Peabody Associates, L.L.C.
  Pennington Road Property, L.L.C.
  Pensacola Real Estate Holdings I, LLC
  Pensacola Real Estate Holdings II, LLC
  Pensacola Real Estate Holdings III, LLC
  Pensacola Real Estate Holdings IV, LLC
  Pensacola Real Estate Holdings V, LLC
  Pocatello Idaho Property, L.L.C.
  Pomona Vista L.L.C.
  Prescott Arkansas, L.L.C.
  PV Realty-Willow Tree, LLC
  Raton Property Limited Company
  Ravenna Ohio Property, L.L.C.
  Red Rocks, L.L.C.
  Richland Washington, L.L.C.
  Ridgecrest Senior Care, LLC
  Riverside Nursing Home Associates Two, L.L.C.
  Riverside Nursing Home Associates, L.L.C.
  Rockingham Drive Property, L.L.C.
  Rose Baldwin Park Property L.L.C.
  S.C. Portfolio Property, L.L.C.
  Salem Associates, L.L.C.
  San Juan NH Property, LLC
  Sandalwood Arkansas Property, L.L.C.
  Santa Ana-Bartlett, L.L.C.
  Santa Fe Missouri Associates, L.L.C.
  Savoy/Bonham Venture, L.L.C.
  Searcy Aviv, L.L.C.
  Sedgwick Properties, L.L.C.
  Seguin Texas Property, L.L.C.
  Sierra Ponds Property, L.L.C.
  Skyler Boyington, LLC
  Skyler Florida, LLC
  Skyler Maitland LLC
  Skyler Pensacola, LLC
  Skyview Associates, L.L.C.
  Southeast Missouri Property, L.L.C.
  Southern California Nevada, L.L.C.
  St. Joseph Missouri Property, L.L.C.
  St. Mary’s Properties, LLC
  Star City Arkansas, L.L.C.
  Stephenville Texas Property, L.L.C.
  Sterling Acquisition, LLC
  Stevens Avenue Property, L.L.C.
  Sun-Mesa Properties, L.L.C.
  Suwanee, LLC
  Texas Fifteen Property, L.L.C.
  Texas Four Property, L.L.C.
  Texas Lessor – Stonegate GP, LLC
  Texas Lessor – Stonegate, Limited, LLC
  Texas Lessor – Stonegate, LP
  Texhoma Avenue Property, L.L.C.
  The Suburban Pavilion, LLC

 

     
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  Tujunga, L.L.C.
  Tulare County Property, L.L.C.
  VRB Aviv, L.L.C.
  Washington Idaho Property, L.L.C.
  Washington Lessor – Silverdale, LLC
  Washington-Oregon Associates, L.L.C.
  Watauga Associates, L.L.C.
  Wellington Leasehold, L.L.C.
  West Pearl Street, L.L.C.
  West Yarmouth Property I, L.L.C.
  Westerville Ohio Office Property, L.L.C.
  Wheeler Healthcare Associates, L.L.C.
  Whitlock Street Property, L.L.C.
  Wilcare, LLC
  Willis Texas Aviv, L.L.C.
  Yuba Aviv, L.L.C.

 

  By: /s/ C. Taylor Pickett  
    C. Taylor Pickett  
    Chief Executive Officer    

 

POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS , that each person who signature appears below constitutes and appoints C. Taylor Pickett and Robert O. Stephenson, or either of them, his true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any or all amendments to this registration statement and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto either of said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully as to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that either of said attorneys-in-fact and agents, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on this 12 th   day of November, 2015.

 

Signature   Position  
       
/s/ C. Taylor Pickett             
C. Taylor Pickett  

Chief Executive Officer (Principal Executive Officer)

 

 
 /s/ Robert O. Stephenson           
Robert O. Stephenson  

Chief Financial Officer (Principal Financial and Accounting Officer)

 

 
/s/ Michael D. Ritz           
Michael D. Ritz  

Chief Accounting Officer

 

 
/s/ Robert O. Stephenson           
Robert O. Stephenson   Sole Director, Officer of General Partner or Officer of Sole Member  

 

     
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EXHIBIT LIST

 

Exhibit No.   Exhibit
3.1   Amended and Restated Bylaws. (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed on April 20, 2011)  
3.2   Articles of Amendment and Restatement of Omega Healthcare Investors, Inc., as amended. (Incorporated by reference to Exhibit 4.1 to the Company’s Registration Statement on Form S-3ASR filed on September 3, 2015)
3.3  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Ohio (Incorporated by reference to Exhibit 3.83 to the Company’s Form S-4, filed with the SEC on February 24, 2006):

Colonial Gardens, LLC

Wilcare, LLC

3.4  

Form of Operating Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Ohio (Incorporated by reference to Exhibit 3.85 to the Company’s Form S-4, filed with the SEC on February 24, 2006):

Colonial Gardens, LLC

Wilcare, LLC

3.5  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.36 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Albany LLC

CSE Amarillo LLC

CSE Augusta LLC

CSE Bedford LLC

CSE Cambridge LLC

CSE Cambridge Realty LLC

CSE Canton LLC

CSE Cedar Rapids LLC

CSE Chelmsford LLC

CSE Chesterton LLC

CSE Claremont LLC

CSE Denver LLC

CSE Douglas LLC

CSE Elkton LLC

CSE Elkton Realty LLC

CSE Fort Wayne LLC

CSE Frankston LLC

CSE Georgetown LLC

CSE Green Bay LLC

CSE Hilliard LLC

CSE Huntsville LLC

CSE Indianapolis-Continental LLC

CSE Indianapolis-Greenbriar LLC

CSE Jeffersonville-Hillcrest Center LLC

CSE Jeffersonville-Jennings House LLC

CSE Kingsport LLC

CSE Lake City LLC

CSE Lake Worth LLC

CSE Lakewood LLC

CSE Las Vegas LLC

CSE Lawrenceburg LLC

CSE Lexington Park LLC

CSE Lexington Park Realty LLC

CSE Ligonier LLC

CSE Live Oak LLC

CSE Lowell LLC

CSE Mobile LLC

CSE Moore LLC

CSE North Carolina Holdings I LLC

CSE North Carolina Holdings II LLC

CSE Omro LLC

CSE Orange Park LLC

CSE Orlando-Pinar Terrace Manor LLC

CSE Orlando-Terra Vista Rehab LLC

CSE Piggott LLC

CSE Pilot Point LLC

CSE Ponca City LLC

CSE Port St. Lucie LLC

CSE Richmond LLC

CSE Safford LLC

CSE Salina LLC

CSE Seminole LLC

CSE Shawnee LLC

CSE Stillwater LLC

CSE Taylorsville LLC

CSE Texas City LLC

CSE Upland LLC

CSE Winter Haven LLC

CSE Yorktown LLC

 

     
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Exhibit No.   Exhibit
3.6  

Form of Second Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.37 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Albany LLC

CSE Amarillo LLC

CSE Augusta LLC

CSE Bedford LLC

CSE Cambridge Realty LLC

CSE Canton LLC

CSE Cedar Rapids LLC

CSE Chelmsford LLC

CSE Chesterton LLC

CSE Claremont LLC

CSE Denver LLC

CSE Douglas LLC

CSE Elkton Realty LLC

CSE Fort Wayne LLC

CSE Frankston LLC

CSE Georgetown LLC

CSE Green Bay LLC

CSE Hilliard LLC

CSE Huntsville LLC

CSE Indianapolis-Continental LLC

CSE Indianapolis-Greenbriar LLC

CSE Jeffersonville-Hillcrest Center LLC

CSE Jeffersonville-Jennings House LLC

CSE Kingsport LLC

CSE Lake City LLC

CSE Lake Worth LLC

CSE Lakewood LLC

CSE Las Vegas LLC

CSE Lawrenceburg LLC

CSE Lexington Park Realty LLC

CSE Ligonier LLC

CSE Live Oak LLC

CSE Lowell LLC

CSE Mobile LLC

CSE Moore LLC

CSE North Carolina Holdings I LLC

CSE North Carolina Holdings II LLC

CSE Omro LLC

CSE Orange Park LLC

CSE Orlando-Pinar Terrace Manor LLC

CSE Orlando-Terra Vista Rehab LLC

CSE Piggott LLC

CSE Pilot Point LLC

CSE Ponca City LLC

CSE Port St. Lucie LLC

CSE Richmond LLC

CSE Safford LLC

CSE Salina LLC

CSE Seminole LLC

CSE Shawnee LLC

CSE Stillwater LLC

CSE Taylorsville LLC

CSE Texas City LLC

CSE Upland LLC

CSE Winter Haven LLC

CSE Yorktown LLC

 

     
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Exhibit No.   Exhibit
3.7   Second Amended and Restated Limited Liability Company Agreement of CSE Cambridge LLC (Incorporated by reference to Exhibit 3.38 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.8   Second Amended and Restated Limited Liability Company Agreement of CSE Elkton LLC (Incorporated by reference to Exhibit 3.39 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.9   Second Amended and Restated Limited Liability Company Agreement of CSE Lexington Park LLC (Incorporated by reference to Exhibit 3.40 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.10  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.41 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Blountville LLC

CSE Bolivar LLC

CSE Camden LLC

CSE Denver Iliff LLC

CSE Fairhaven LLC

CSE Huntingdon LLC

CSE Jefferson City LLC

CSE Memphis LLC

CSE Ripley LLC

CSE Texarkana LLC

CSE West Point LLC

CSE Whitehouse LLC

3.11   Certificate of Formation of Carnegie Gardens LLC (Incorporated by reference to Exhibit 3.42 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.12   Certificate of  Formation of CSE Marianna Holdings LLC (Incorporated by reference to Exhibit 3.43 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.13   Certificate of Formation of Panama City Nursing Center LLC (Incorporated by reference to Exhibit 3.44 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.14   Certificate of Formation of Skyler Maitland LLC (Incorporated by reference to Exhibit 3.45 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.15  

Form of Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.46 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

Carnegie Gardens LLC

CSE Blountville LLC

CSE Bolivar LLC

CSE Camden LLC

CSE Denver Iliff LLC

CSE Fairhaven LLC

CSE Huntingdon LLC

CSE Jefferson City LLC

CSE Marianna Holdings LLC.

CSE Memphis LLC

CSE Ripley LLC

CSE Texarkana LLC

CSE West Point LLC

CSE Whitehouse LLC

Panama City Nursing Center LLC

Skyler Maitland LLC

 

     
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Exhibit No.   Exhibit
3.16  

Form of Certificate of Limited Partnership for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.47 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Arden L.P.

CSE King L.P.

CSE Knightdale L.P.

CSE Lenoir L.P.

CSE Walnut Cove L.P.

CSE Woodfin L.P.

3.17  

Form of Second Amended and Restated Limited Partnership Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware: (Incorporated by reference to Exhibit 3.48 to the Company’s Form S-4 filed with the SEC on August 10, 2010)

CSE Arden L.P.

CSE King L.P.

CSE Knightdale L.P.

CSE Lenoir L.P.

CSE Walnut Cove L.P.

CSE Woodfin L.P.

3.18   Certificate of Formation of CSE Casablanca Holdings LLC (Incorporated by reference to Exhibit 3.49 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.19   Amended and Restated Limited Liability Company Agreement of CSE Casablanca Holdings LLC (Incorporated by reference to Exhibit 3.50 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.20   Certificate of Formation for CSE Casablanca Holdings II LLC (Incorporated by reference to Exhibit 3.51 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.21   Amended and Restated Limited Liability Company Agreement of CSE Casablanca Holdings II LLC (Incorporated by reference to Exhibit 3.52 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.22  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.55 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Corpus North LLC

CSE Jacinto City LLC

CSE Kerrville LLC

CSE Ripon LLC

CSE Spring Branch LLC

CSE The Village LLC

CSE Williamsport LLC

3.23   Certificate of Formation of Desert Lane LLC (Incorporated by reference to Exhibit 3.56 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.24   Certificate of Formation of North Las Vegas LLC (Incorporated by reference to Exhibit 3.57 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.25  

Form of Second Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.58 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

CSE Corpus North LLC

CSE Jacinto City LLC

CSE Kerrville LLC

CSE Ripon LLC

CSE Spring Branch LLC

CSE The Village LLC

CSE Williamsport LLC

Desert Lane LLC

North Las Vegas LLC

3.26  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland: (Incorporated by reference to Exhibit 3.50 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004)

Delta Investors I, LLC

Delta Investors II, LLC

3.27  

Form of Operating Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland: (Incorporated by reference to Exhibit 3.51 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004)

Delta Investors I, LLC

Delta Investors II, LLC

 

     
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Exhibit No.   Exhibit
3.28   Articles of Organization of Florida Real Estate Company, LLC  (Incorporated by reference to Exhibit 3.65 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.29   Second Amended and Restated Operating Agreement of Florida Real Estate Company, LLC (Incorporated by reference to Exhibit 3.66 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.30   Certificate of Formation of NRS Ventures, L.L.C. (Incorporated by reference to Exhibit 3.77 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.31   Limited Liability Company Agreement of NRS Ventures, L.L.C.  (Incorporated by reference to Exhibit 3.78 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.32  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.18 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004):

OHI Asset (CA), LLC

OHI Asset (FL), LLC

   

OHI Asset (ID), LLC

OHI Asset (LA), LLC

OHI Asset (MO), LLC

OHI Asset (OH), LLC

OHI Asset (TX), LLC

OHI Asset, LLC

3.33  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.19 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004):

OHI Asset (CA), LLC

OHI Asset (FL), LLC

OHI Asset (ID), LLC

OHI Asset (MO), LLC

OHI Asset (OH), LLC

OHI Asset (TX), LLC

OHI Asset, LLC

3.34   Certificate of Formation of OHI Asset (PA), LLC f/k/a OHI Asset (FL) Tarpon Springs, Pinellas Park & Gainesville, LLC (Incorporated by reference to Exhibit 3.20 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004)
3.35   Operating Agreement of OHI Asset (PA), LLC f/k/a OHI Asset (FL) Tarpon Springs, Pinellas Park & Gainesville, LLC (Incorporated by reference to Exhibit 3.21 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004)
3.36   Certificate of Formation of OHI Asset (OH) Lender, LLC (Incorporated by reference to Exhibit 3.37 to the Company’s Form S-4 filed with the SEC on April 16, 2015)
3.37   Operating Agreement of  OHI Asset (OH) Lender, LLC (Incorporated by reference to Exhibit 3.38 to the Company’s Form S-4 filed with the SEC on April 16, 2015)
3.38   Amended and Restated Limited Liability Company Agreement of OHI Asset (LA), LLC (Incorporated by reference to Exhibit 3.90A to the Company’s Form S-4 filed with the SEC on March 4, 2011)
3.39   Certificate of Formation of OHI Asset (CO), LLC (Incorporated by reference to Exhibit 3.91 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.40   Limited Liability Company Agreement of OHI Asset (CO), LLC  (Incorporated by reference to Exhibit 3.92 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.41   Certificate of Formation of OHI Asset (CT) Lender, LLC (Incorporated by reference to Exhibit 3.71 to the Company’s Form S-4 filed with the SEC on February 24, 2006)
3.42   Limited Liability Company Agreement of OHI Asset (CT) Lender, LLC (Incorporated by reference to Exhibit 3.72 to the Company’s Form S-4 filed with the SEC on February 24, 2006)
3.43   Certificate of Formation of OHI Asset (IL), LLC (Incorporated by reference to Exhibit 3.95 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.44   Limited Liability Company Agreement of OHI Asset (IL), LLC  (Incorporated by reference to Exhibit 3.96 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.45  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors formed in the state of Delaware (Incorporated by reference to Exhibit 3.101 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

OHI Asset CSB LLC

OHI Asset CSE-E, LLC

OHI Asset CSE-U, LLC

 

     
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Exhibit No.   Exhibit
3.46  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors formed in the state of Delaware (Incorporated by reference to Exhibit 3.102 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

OHI Asset CSB LLC

OHI Asset CSE-E, LLC

OHI Asset CSE-U, LLC

3.47   Certificate of Formation of OHI Asset II (CA), LLC (Incorporated by reference to Exhibit 3.105 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.48   Limited Liability Company Agreement of OHI Asset II (CA), LLC  (Incorporated by reference to Exhibit 3.106 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.49   Certificate of Formation of OHI Asset II (FL), LLC  (Incorporated by reference to Exhibit 3.107 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.50   Limited Liability Company Agreement of OHI Asset II (FL), LLC  (Incorporated by reference to Exhibit 3.108 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.51   Articles of Incorporation of Omega TRS I, Inc. (Incorporated by reference to Exhibit 3.123 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.52   Bylaws of Omega TRS I, Inc. (Incorporated by reference to Exhibit 3.57 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on July 26, 2004)
3.53   Certificate of Limited Partnership of Pavillion North, LLP  (Incorporated by reference to Exhibit 3.127 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.54   Partnership Agreement of Pavillion North, LLP  (Incorporated by reference to Exhibit 3.128 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.55   Certificate of Formation of Greenbough LLC  (Incorporated by reference to Exhibit 3.131 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.56   Certificate of Formation of LAD I Real Estate Company, LLC (Incorporated by reference to Exhibit 3.132 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.57   Certificate of Formation of Suwanee, LLC (Incorporated by reference to Exhibit 3.133 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.58  

Form of Second Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.134 to the Company’s Form S-4 filed with the SEC on August 10, 2010):

Greenbough LLC

LAD I Real Estate Company, LLC

Suwanee, LLC

3.59   Certificate of Limited Partnership  of Texas Lessor – Stonegate, LP (Incorporated by reference to Exhibit 3.135 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.60   Limited Partnership Agreement of Texas Lessor – Stonegate, LP (Incorporated by reference to Exhibit 3.28 to the Company’s Form S-4 filed with the SEC on August 10, 2010)
3.61   Certificate of Formation for OHI Asset (MI), LLC (Incorporated by reference to Exhibit 3.136 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on October 13, 2010)
3.62   Limited Liability Company Agreement of OHI Asset (MI), LLC (Incorporated by reference to Exhibit 3.137 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on October 13, 2010)
3.63   Certificate of Formation of OHI Asset (FL) Lender, LLC (Incorporated by reference to Exhibit 3.138 to the Company’s Form S-4 filed with the SEC on March 4, 2011)
3.64   Limited Liability Company Agreement of OHI Asset (FL) Lender, LLC  (Incorporated by reference to Exhibit 3.139 to the Company’s Form S-4 filed with the SEC on March 4, 2011)
3.65  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.140 the Company’s Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012):

CFG 2115 Woodstock Place LLC

OHI Asset HUD CFG, LLC

OHI Asset HUD SF, LLC

OHI Asset (IN) Greensburg, LLC

OHI Asset (IN) Indianapolis, LLC

OHI Asset (IN) Wabash, LLC

OHI Asset (IN) Westfield, LLC

 

     
Table of Contents      

 

Exhibit No.   Exhibit
3.66  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.141 the Company’s Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012):

OHI Asset HUD CFG, LLC

OHI Asset HUD SF, LLC

OHI Asset (IN) Greensburg, LLC

OHI Asset (IN) Indianapolis, LLC

OHI Asset (IN) Wabash, LLC

OHI Asset (IN) Westfield, LLC

3.67  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Michigan (Incorporated by reference to Exhibit 3.142 to the Company’s Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012):

1200 Ely Street Holdings Co. LLC

42235 County Road Holdings Co. LLC

3.68   Limited Liability Company Agreement of 1200 Ely Street Holdings Co. LLC (Incorporated by reference to Exhibit 3.143  to the Company’s  Amendment 1 to Form S-4 filed with the SEC on August 10, 2012)
3.69   Limited Liability Company Agreement of 42235 County Road Holdings Co. LLC (Incorporated by reference to Exhibit 3.144  to the Company’s  Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012)
3.70   Articles of Organization of 2425 Teller Avenue, LLC (Incorporated by reference to Exhibit 3.145  to the Company’s  Amendment 1 to Form S-4 filed with the SEC on August 10, 2012)
3.71   Amended and Restated Operating Agreement of 2425 Teller Avenue, LLC (Incorporated by reference to Exhibit 3.146  to the Company’s  Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012)
3.72   Articles of Organization of 48 High Point Road, LLC (Incorporated by reference to Exhibit 3.147  to the Company’s  Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012)
3.73   Amended and Restated Operating Agreement of 48 High Point Road, LLC (Incorporated by reference to Exhibit 3.148  to the Company’s  Amendment No. 1 to Form S-4 filed with the SEC on August 10, 2012)
3.74   Amended and Restated Articles of Organization of Encanto Senior Care, LLC (Incorporated by  reference to Exhibit 3.149 to the Company’s Form S-4 filed with the SEC on August 11, 2014)  
3.75   Amended and Restated Operating Agreement of Encanto Senior Care, LLC  ((Incorporated by  reference to Exhibit 3.150 to the Company’s Form S-4 filed with the SEC on August 11, 2014)  
3.76  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state California (Incorporated by reference to Exhibit 3.151 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

13922 Cerise Avenue, LLC

245 East Wilshire Avenue, LLC

3806 Clayton Road, LLC

523 Hayes Lane, LLC

637 East Romie Lane, LLC

3.77  

Form of Amended and Restated Operating Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of California (Incorporated by reference to Exhibit 3.152 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

13922 Cerise Avenue, LLC

245 East Wilshire Avenue, LLC

3806 Clayton Road, LLC

523 Hayes Lane, LLC

637 East Romie Lane, LLC

3.78   Certificate of Formation of CSE Pine View LLC  (Incorporated by  reference to Exhibit 3.153 to the Company’s Form S-4 filed with the SEC on August 11, 2014)  

 

     
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Exhibit No.   Exhibit
3.79  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.154 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

OHI Asset (AR) Ash Flat, LLC

OHI Asset (AR) Camden, LLC

OHI Asset (AR) Conway, LLC

OHI Asset (AR) Des Arc, LLC

OHI Asset (AR) Hot Springs, LLC

OHI Asset (AR) Malvern, LLC

OHI Asset (AR) Mena, LLC

OHI Asset (AR) Pocahontas, LLC

OHI Asset (AR) Sheridan, LLC

OHI Asset (AR) Walnut Ridge, LLC

OHI Asset (FL) Lake Placid, LLC

OHI Asset (IN) American Village, LLC

OHI Asset (IN) Anderson, LLC

OHI Asset (IN) Beech Grove, LLC

OHI Asset (IN) Clarksville, LLC

OHI Asset (IN) Clinton, LLC

OHI Asset (IN) Crown Point, LLC

OHI Asset (IN) Eagle Valley, LLC

OHI Asset (IN) Elkhart, LLC

OHI Asset (IN) Forest Creek, LLC

OHI Asset (IN) Fort Wayne, LLC

OHI Asset (IN) Franklin, LLC

OHI Asset (IN) Jasper, LLC

OHI Asset (IN) Kokomo, LLC

OHI Asset (IN) Lafayette, LLC

OHI Asset (IN) Madison, LLC

OHI Asset (IN) Monticello, LLC

OHI Asset (IN) Noblesville, LLC

OHI Asset (IN) Rosewalk, LLC

OHI Asset (IN) Salem, LLC

OHI Asset (IN) Seymour, LLC

OHI Asset (IN) Spring Mill, LLC

OHI Asset (IN) Terre Haute, LLC

OHI Asset (IN) Zionsville, LLC

OHI Asset (MD), LLC

OHI Asset (MI) Heather Hills, LLC

OHI Asset (TX) Hondo, LLC

OHI Asset HUD Delta, LLC

OHI Asset HUD SF CA, LLC

OHI Asset HUD WO, LLC

OHI Asset RO, LLC

OHI Mezz Lender, LLC

3.80   Certificate of Formation of OHI Asset (AZ) Austin House, LLC  (Incorporated by  reference to Exhibit 3.155 to the Company’s Form S-4 filed with the SEC on August 11, 2014)  
3.81  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.156 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

OHI Asset RO PMM Services, LLC

OHI Asset (GA) Macon, LLC

OHI Asset (SC) Greenville, LLC

OHI Asset (SC) Orangeburg, LLC

OHI Asset (WV) Danville, LLC

OHI Asset (WV) Ivydale, LLC

 

     
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Exhibit No.   Exhibit
3.82  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.157 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

OHI Asset (GA) Moultrie, LLC

OHI Asset (GA) Snellville, LLC

OHI Asset (ID) Holly, LLC

OHI Asset (ID) Midland, LLC

OHI Asset (IN) Connersville, LLC

OHI Asset (MS) Byhalia, LLC

OHI Asset (MS) Cleveland, LLC

OHI Asset (MS) Clinton, LLC

OHI Asset (MS) Columbia, LLC

OHI Asset (MS) Corinth, LLC

OHI Asset (MS) Greenwood, LLC

OHI Asset (MS) Grenada, LLC

OHI Asset (MS) Holly Springs, LLC

OHI Asset (MS) Indianola, LLC

OHI Asset (MS) Natchez, LLC

OHI Asset (MS) Picayune, LLC

OHI Asset (MS) Vicksburg, LLC

OHI Asset (MS) Yazoo City, LLC

OHI Asset (NC) Wadesboro, LLC

OHI Asset (OR) Portland, LLC

OHI Asset (SC) Aiken, LLC

OHI Asset (SC) Anderson, LLC

OHI Asset (SC) Easley Anne, LLC

OHI Asset (SC) Easley Crestview, LLC

OHI Asset (SC) Edgefield, LLC

OHI Asset (SC) Greenville Griffith, LLC

OHI Asset (SC) Greenville Laurens, LLC

OHI Asset (SC) Greenville North, LLC

OHI Asset (SC) Greer, LLC

OHI Asset (SC) Marietta, LLC

OHI Asset (SC) McCormick, LLC

OHI Asset (SC) Pickens East Cedar, LLC

OHI Asset (SC) Pickens Rosemond, LLC

OHI Asset (SC) Piedmont, LLC

OHI Asset (SC) Simpsonville SE Main, LLC

OHI Asset (SC) Simpsonville West Broad, LLC

OHI Asset (SC) Simpsonville West Curtis, LLC

OHI Asset (TN) Bartlett, LLC

OHI Asset (TN) Collierville, LLC

OHI Asset (TN) Memphis, LLC

OHI Asset (TX) Anderson, LLC

OHI Asset (TX) Bryan, LLC

OHI Asset (TX) Burleson, LLC

OHI Asset (TX) College Station, LLC

OHI Asset (TX) Comfort, LLC

OHI Asset (TX) Diboll, LLC

OHI Asset (TX) Granbury, LLC

OHI Asset (TX) Italy, LLC

OHI Asset (TX) Winnsboro, LLC

OHI Asset (UT) Ogden, LLC

   

OHI Asset (UT) Provo, LLC

OHI Asset (UT) Roy, LLC

OHI Asset (VA) Charlottesville, LLC

OHI Asset (VA) Farmville, LLC

OHI Asset (VA) Hillsville, LLC

OHI Asset (VA) Rocky Mount, LLC

OHI Asset (WA) Battle Ground, LLC

3.83   Amended and Restated Limited Liability Company Agreement of CSE Pine View LLC (Incorporated by  reference to Exhibit 3.158 to the Company’s Form S-4 filed with the SEC on August 11, 2014)  

 

     
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Exhibit No.   Exhibit
3.84  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.159 to the Company’s Form S-4 filed with the SEC on August 11, 2014):

OHI Asset (AR) Ash Flat, LLC

OHI Asset (AR) Camden, LLC

OHI Asset (AR) Conway, LLC

OHI Asset (AR) Des Arc, LLC

OHI Asset (AR) Hot Springs, LLC

OHI Asset (AR) Malvern, LLC

OHI Asset (AR) Mena, LLC

OHI Asset (AR) Pocahontas, LLC

OHI Asset (AR) Sheridan, LLC

OHI Asset (AR) Walnut Ridge, LLC

OHI Asset (AZ) Austin House, LLC

OHI Asset (FL) Lake Placid, LLC

OHI Asset (GA) Macon, LLC

OHI Asset (GA) Moultrie, LLC

OHI Asset (GA) Snellville, LLC

OHI Asset (ID) Holly, LLC

OHI Asset (ID) Midland, LLC

OHI Asset (IN) American Village, LLC

OHI Asset (IN) Anderson, LLC

OHI Asset (IN) Beech Grove, LLC

OHI Asset (IN) Clarksville, LLC

OHI Asset (IN) Clinton, LLC

OHI Asset (IN) Connersville, LLC

OHI Asset (IN) Crown Point, LLC

OHI Asset (IN) Eagle Valley, LLC

OHI Asset (IN) Elkhart, LLC

OHI Asset (IN) Forest Creek, LLC

OHI Asset (IN) Fort Wayne, LLC

OHI Asset (IN) Franklin, LLC

OHI Asset (IN) Jasper, LLC

OHI Asset (IN) Kokomo, LLC

OHI Asset (IN) Lafayette, LLC

OHI Asset (IN) Madison, LLC

OHI Asset (IN) Monticello, LLC

OHI Asset (IN) Noblesville, LLC

OHI Asset (IN) Rosewalk, LLC

OHI Asset (IN) Salem, LLC

OHI Asset (IN) Seymour, LLC

OHI Asset (IN) Spring Mill, LLC

OHI Asset (IN) Terre Haute, LLC

OHI Asset (IN) Zionsville, LLC

OHI Asset (MD), LLC

OHI Asset (MI) Heather Hills, LLC

OHI Asset (MS) Byhalia, LLC

OHI Asset (MS) Cleveland, LLC

OHI Asset (MS) Clinton, LLC

OHI Asset (MS) Columbia, LLC

OHI Asset (MS) Corinth, LLC

OHI Asset (MS) Greenwood, LLC

OHI Asset (MS) Grenada, LLC

 

     
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Exhibit No.   Exhibit
   

OHI Asset (MS) Holly Springs, LLC

OHI Asset (MS) Indianola, LLC

OHI Asset (MS) Natchez, LLC

OHI Asset (MS) Picayune, LLC

OHI Asset (MS) Vicksburg, LLC

OHI Asset (MS) Yazoo City, LLC

OHI Asset (NC) Wadesboro, LLC

OHI Asset (OR) Portland, LLC

OHI Asset (SC) Aiken, LLC

OHI Asset (SC) Anderson, LLC

OHI Asset (SC) Easley Anne, LLC

OHI Asset (SC) Easley Crestview, LLC

OHI Asset (SC) Edgefield, LLC

OHI Asset (SC) Greenville Griffith, LLC

OHI Asset (SC) Greenville Laurens, LLC

OHI Asset (SC) Greenville North, LLC

OHI Asset (SC) Greenville, LLC

OHI Asset (SC) Greer, LLC

OHI Asset (SC) Marietta, LLC

OHI Asset (SC) McCormick, LLC

OHI Asset (SC) Orangeburg, LLC

OHI Asset (SC) Pickens East Cedar, LLC

OHI Asset (SC) Pickens Rosemond, LLC

OHI Asset (SC) Piedmont, LLC

OHI Asset (SC) Simpsonville SE Main, LLC

OHI Asset (SC) Simpsonville West Broad, LLC

OHI Asset (SC) Simpsonville West Curtis, LLC

OHI Asset (TN) Bartlett, LLC

OHI Asset (TN) Collierville, LLC

OHI Asset (TN) Memphis, LLC

OHI Asset (TX) Anderson, LLC

OHI Asset (TX) Bryan, LLC

OHI Asset (TX) Burleson, LLC

OHI Asset (TX) College Station, LLC

OHI Asset (TX) Comfort, LLC

OHI Asset (TX) Diboll, LLC

OHI Asset (TX) Granbury, LLC

OHI Asset (TX) Hondo, LLC

OHI Asset (TX) Italy, LLC

OHI Asset (TX) Winnsboro, LLC

OHI Asset (UT) Ogden, LLC

OHI Asset (UT) Provo, LLC

OHI Asset (UT) Roy, LLC

OHI Asset (VA) Charlottesville, LLC

OHI Asset (VA) Farmville, LLC

OHI Asset (VA) Hillsville, LLC

OHI Asset (VA) Rocky Mount, LLC

OHI Asset (WA) Battle Ground, LLC

OHI Asset (WV) Danville, LLC

OHI Asset (WV) Ivydale, LLC

OHI Asset HUD Delta, LLC

OHI Asset HUD SF CA, LLC

OHI Asset HUD WO, LLC

OHI Asset RO PMM Services, LLC

OHI Asset RO, LLC

OHI Mezz Lender, LLC

3.85   First Amendment to Amended and Restated Limited Liability Company Agreement of CFG 2115 Woodstock Place LLC (Incorporated by  reference to Exhibit 3.166 to the Company’s Form S-4 filed with the SEC on August 11, 2014)
3.86  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of California(Incorporated by reference to Exhibit 3.87 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

11900 East Artesia Boulevard, LLC

1628 B Street, LLC

2400 Parkside Drive, LLC

Golden Hill Real Estate Company, LLC

3.87  

Form of Second Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of California (Incorporated by reference to Exhibit 3.88 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

11900 East Artesia Boulevard, LLC

1628 B Street, LLC

2400 Parkside Drive, LLC

Golden Hill Real Estate Company, LLC

3.88   Articles of Formation of Bayside Colorado Healthcare Associates, LLC (Incorporated by  reference to Exhibit 3.89 to the Company’s Form S-4 filed with the SEC on June 15, 2015):
3.89   Limited Liability Company Agreement of Bayside Colorado Healthcare Associates, LLC (Incorporated by  reference to Exhibit 3.90 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

     
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Exhibit No.   Exhibit
3.90  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.91 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

Bayside Street II, LLC

OHI Asset (TN) Jefferson City, LLC

OHI Asset CHG ALF, LLC

OHI Asset (OR) Troutdale, LLC

OHI Asset (PA) GP, LLC

Hot Springs Atrium Owner, LLC

Hot Springs Cottages Owner, LLC

Hot Springs Marina Owner, LLC

OHI Asset Management, LLC

OHI Asset (TN) Rogersville, LLC

OHI Asset CSE–E Subsidiary, LLC

OHI Asset CSE–U Subsidiary, LLC

OHI Asset (FL) Lutz, LLC

3.91  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.92 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Bayside Street II, LLC

OHI Asset (TN) Jefferson City, LLC

OHI Asset CHG ALF, LLC

OHI Asset (OR) Troutdale, LLC

OHI Asset (PA) GP, LLC

Hot Springs Atrium Owner, LLC

Hot Springs Cottages Owner, LLC

Hot Springs Marina Owner, LLC

OHI Asset Management, LLC

OHI Asset (TN) Rogersville, LLC

OHI Asset CSE–E Subsidiary, LLC

OHI Asset CSE–U Subsidiary, LLC

OHI Asset (FL) Lutz, LLC

3.92   Articles of Organization OHI (Connecticut), LLC (Incorporated by  reference to Exhibit 3.93 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.93   Limited Liability Company Agreement of OHI (Connecticut), LLC (Incorporated by  reference to Exhibit 3.94 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.94   Certificate of Organization of OHI (Iowa), LLC (Incorporated by  reference to Exhibit 3.95 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.95   Limited Liability Company Agreement of OHI (Iowa), LLC (Incorporated by  reference to Exhibit 3.96 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.96   Articles of Organization of OHI (Indiana), LLC (Incorporated by  reference to Exhibit 3.97 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.97   Limited Liability Company Agreement of OHI (Indiana), LLC (Incorporated by  reference to Exhibit 3.98 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.98   Articles of Organization of OHI (Illinois), LLC (Incorporated by  reference to Exhibit 3.99 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.99   Limited Liability Company Agreement of OHI (Illinois), LLC (Incorporated by  reference to Exhibit 3.100 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.100   Articles of Organization of Sterling Acquisition, LLC (Incorporated by  reference to Exhibit 3.101 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.101   Limited Liability Company Agreement for Sterling Acquisition, LLC (Incorporated by  reference to Exhibit 3.102 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.102  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Florida (Incorporated by reference to Exhibit 3.103 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Pensacola Real Estate Holdings I, LLC

Pensacola Real Estate Holdings II, LLC

Pensacola Real Estate Holdings III, LLC

Pensacola Real Estate Holdings IV, LLC

Pensacola Real Estate Holdings V, LLC

Skyler Pensacola, LLC

 

     
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Exhibit No.   Exhibit
3.103  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Florida (Incorporated by reference to Exhibit 3.104 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Pensacola Real Estate Holdings I, LLC

Pensacola Real Estate Holdings II, LLC

Pensacola Real Estate Holdings III, LLC

Pensacola Real Estate Holdings IV, LLC

Pensacola Real Estate Holdings V, LLC

Skyler Pensacola, LLC

3.104   Certificate of Organization for OHIMA, LLC (Incorporated by  reference to Exhibit 3.105  to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.105   Limited Liability Company Agreement for OHIMA, LLC (Incorporated by  reference to Exhibit 3.106 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.106  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Mississippi (Incorporated by reference to Exhibit 3.107 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Dixie White House Nursing Home, LLC

Ocean Springs Nursing Home, LLC

Skyler Boyington, LLC

Skyler Florida, LLC

3.107  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Mississippi (Incorporated by reference to Exhibit 3.108 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Dixie White House Nursing Home, LLC

Ocean Springs Nursing Home, LLC

Skyler Boyington, LLC

Skyler Florida, LLC

3.108  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Ohio (Incorporated by reference to Exhibit 3.109 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

St. Mary’s Properties, LLC

Orange Village Care Center, LLC

Meridian Arms Land, LLC

Leatherman Partnership 89-2, LLC

Leatherman Partnership 89-1, LLC

Leatherman 90-1, LLC

Hutton III Land, LLC

Hutton II Land, LLC

Hutton I Land, LLC

Dixon Health Care Center, LLC

Canton Health Care Land, LLC

The Suburban Pavilion, LLC

3.109  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Ohio (Incorporated by reference to Exhibit 3.110 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

St. Mary’s Properties, LLC

Orange Village Care Center, LLC

Meridian Arms Land, LLC

Leatherman Partnership 89-2, LLC

Leatherman Partnership 89-1, LLC

Leatherman 90-1, LLC

Hutton III Land, LLC

Hutton II Land, LLC

Hutton I Land, LLC

Dixon Health Care Center, LLC

Canton Health Care Land, LLC

The Suburban Pavilion, LLC

3.110  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Pennsylvania (Incorporated by reference to Exhibit 3.111 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Pavillion North Partners, LLC

Pavillion Nursing Center North, LLC

 

     
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Exhibit No.   Exhibit
3.111  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Pennsylvania (Incorporated by reference to Exhibit 3.112 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Pavillion North Partners, LLC

Pavillion Nursing Center North, LLC

3.112  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland (Incorporated by reference to Exhibit 3.113 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Bayside Street, LLC

Washington Lessor – Silverdale, LLC

Georgia Lessor – Bonterra/Parkview, LLC

Arizona Lessor – Infinia, LLC

Colorado Lessor – Conifer, LLC

Texas Lessor – Stonegate GP, LLC

Texas Lessor – Stonegate Limited, LLC

Indiana Lessor – Wellington Manor, LLC

Florida Lessor – Meadowview, LLC

OHI Tennessee, LLC

3.113  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland (Incorporated by reference to Exhibit 3.114 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Bayside Street, LLC

Washington Lessor – Silverdale, LLC

Georgia Lessor – Bonterra/Parkview, LLC

Arizona Lessor – Infinia, LLC

Colorado Lessor – Conifer, LLC

Texas Lessor – Stonegate GP, LLC

Texas Lessor – Stonegate Limited, LLC

Indiana Lessor – Wellington Manor, LLC

Florida Lessor – Meadowview, LLC

OHI Tennessee, LLC

3.114  

Articles of Organization of PV Realty Willow-Tree, LLC (Incorporated by reference to Exhibit 3.115 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

3.115  

Second Amended and Restated Limited Liability Company Agreement of PV Realty Willow-Tree, LLC (Incorporated by reference to Exhibit 3.116 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

3.116  

Form of Certificate of Limited Partnership for each of the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland (Incorporated by reference to Exhibit 3.117 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Bala Cynwyd Real Estate, LP

OHI Asset (PA), LP

OHI Asset II (PA), LP

OHI Asset III (PA), LP

OHI Asset IV (PA) Silver Lake, LP

3.117  

Form of Limited Partnership Agreement for each of the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Maryland (Incorporated by reference to Exhibit 3.118 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Bala Cynwyd Real Estate, LP

OHI Asset (PA), LP

OHI Asset II (PA), LP

OHI Asset III (PA), LP

OHI Asset IV (PA) Silver Lake, LP

3.118  

Form of Certificate of Limited Partnership for each of the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.119 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

CSE Centennial Village, LP

CSE Pennsylvania Holdings, LP

OHI Asset (PA) West Mifflin, LP

3.119  

Form of Limited Partnership Agreement for Each of the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.120 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

CSE Centennial Village, LP

CSE Pennsylvania Holdings, LP

OHI Asset (PA) West Mifflin, LP

 

     
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Exhibit No.   Exhibit
3.120   Certificate of Limited Partnership of OHI Healthcare Properties Limited Partnership (Incorporated by reference to Exhibit 3.121 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.121   Second Amended and Restated Limited Partnership Agreement of OHI Healthcare Properties Limited Partnership (Incorporated by reference to Exhibit 3.122 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.122   Certificate of Incorporation of OHI Healthcare Properties Holdco, Inc. (Incorporated by  reference to Exhibit 3.123 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.123   Bylaws of OHI Healthcare Properties Holdco, Inc. (Incorporated by  reference to Exhibit 3.124 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.124  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.125 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

446 Sycamore Road, L.L.C.

Albany Street Property, L.L.C.

Arkansas Aviv, L.L.C.

Arma Yates, L.L.C.

Avery Street Property, L.L.C

Aviv Financing I, L.L.C.

Aviv Financing II, L.L.C.

Aviv Financing III, L.L.C.

Aviv Financing IV, L.L.C.

Aviv Financing V, L.L.C.

Aviv Foothills, L.L.C.

Aviv Liberty, L.L.C.

Avon Ohio, L.L.C.

Belleville Illinois, L.L.C.

Bellingham II Associates, L.L.C.

Bethel ALF Property, L.L.C.

BHG Aviv, L.L.C.

Biglerville Road, L.L.C.

Bonham Texas, L.L.C

Bradenton ALF Property, L.L.C.

Burton NH Property, L.L.C.

California Aviv Two, L.L.C.

California Aviv, L.L.C.

Camas Associates, L.L.C.

Casa/Sierra California Associates, L.L.C.

Champaign Williamson Franklin, L.L.C

Chardon Ohio Property Holdings, L.L.C.

Chardon Ohio Property, L.L.C.

Chatham Aviv, L.L.C.

Clarkston Care, L.L.C.

Colonial Madison Associates, L.L.C.

Colville Washington Property, L.L.C.

Columbus Texas Aviv, L.L.C

Columbus Western Avenue, L.L.C.

Commerce Sterling Hart Drive, L.L.C.

Conroe Rigby Owen Road, L.L.C

CR Aviv, L.L.C.

Crete Plus Five Property, L.L.C.

Crooked River Road, L.L.C.

Cuyahoga Falls Property, L.L.C.

Dallas Two Property, L.L.C.

Danbury ALF Property, L.L.C.

Darien ALF Property, L.L.C.

Denison Texas, L.L.C.

 

     
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Exhibit No.   Exhibit
   

East Rollins Street, L.L.C.

Edgewood Drive Property, L.L.C.

Elite Mattoon, L.L.C.

Elite Yorkville, L.L.C.

Falcon Four Property Holding, L.L.C.

Falcon Four Property, L.L.C.

Falfurrias Texas, L.L.C.

Florida ALF Properties, L.L.C.

Florida Four Properties, L.L.C

Fort Stockton Property, L.L.C.

Four Fountains Aviv, L.L.C.

Fredericksburg South Adams Street, L.L.C.

Freewater Oregon, L.L.C.

Fullerton California, L.L.C.

Gardnerville Property, L.L.C.

Germantown Property, L.L.C.

Giltex Care, L.L.C.

Glendale NH Property, L.L.C.

Gonzales Texas Property, L.L.C.

Great Bend Property, L.L.C.

Greenville Kentucky Property, L.L.C.

HHM Aviv, L.L.C.

Hidden Acres Property, L.L.C.

Highland Leasehold, L.L.C.

Hot Springs Aviv, L.L.C.

Houston Texas Aviv, L.L.C.

Hutchinson Kansas, L.L.C.

Illinois Missouri Properties, L.L.C.

Iowa Lincoln County Property, L.L.C.

Jasper Springhill Street, L.L.C.

Kansas Five Property, L.L.C.

Karan Associates Two, L.L.C.

Karan Associates, L.L.C.

Karissa Court Property, L.L.C.

KB Northwest Associates, L.L.C.

Kentucky NH Properties, L.L.C.

Kingsville Texas, L.L.C.

Louisville Dutchmans Property, L.L.C.

Magnolia Drive Property, L.L.C.

Manor Associates, L.L.C.

Mansfield Aviv, L.L.C.

Massachusetts Nursing Homes, L.L.C.

McCarthy Street Property, L.L.C.

Minnesota Associates, L.L.C.

Mishawaka Property, L.L.C.

Missouri Associates, L.L.C.

Missouri Regency Associates, L.L.C.

Monterey Park Leasehold Mortgage, L.L.C.

Mount Washington Property, L.L.C.

Mt. Vernon Texas, L.L.C.

Murray County, L.L.C.

Muscatine Toledo Properties, L.L.C.

New Hope Property, L.L.C.

Newtown ALF Property, L.L.C.

Nicholasville Kentucky Property, L.L.C.

North Royalton Ohio Property, L.L.C.

Norwalk ALF Property, L.L.C.

Oakland Nursing Homes, L.L.C.

October Associates, L.L.C.

Ogden Associates, L.L.C.

 

     
Table of Contents      

 

Exhibit No.   Exhibit
   

Ohio Aviv Three, L.L.C.

Ohio Aviv Two, L.L.C.

Ohio Aviv, L.L.C.

Ohio Indiana Property, L.L.C.

Ohio Pennsylvania Property, L.L.C.

Oklahoma Two Property, L.L.C.

Oklahoma Warr Wind, L.L.C.

Omaha Associates, L.L.C.

Orange ALF Property, L.L.C.

Oregon Associates, L.L.C.

Oso Avenue Property, L.L.C.

Ostrom Avenue Property, L.L.C.

Peabody Associates Two, L.L.C.

Peabody Associates, L.L.C.

Pennington Road Property, L.L.C.

Pocatello Idaho Property, L.L.C.

Prescott Arkansas, L.L.C.

Ravenna Ohio Property, L.L.C.

Richland Washington, L.L.C.

Riverside Nursing Home Associates, L.L.C.

Riverside Nursing Home Associates Two, L.L.C.

Rockingham Drive Property, L.L.C.

Salem Associates, L.L.C.

San Juan NH Property, LLC

Sandalwood Arkansas Property, L.L.C.

Savoy/Bonham Venture, L.L.C.

Searcy Aviv, L.L.C.

Sedgwick Properties, L.L.C.

Seguin Texas Property, L.L.C.

S.C. Portfolio Property, L.L.C.

Sierra Ponds Property, L.L.C.

Skyview Associates, L.L.C.

Southern California Nevada, L.L.C.

Southeast Missouri Property, L.L.C.

St. Joseph Missouri Property, L.L.C.

Star City Arkansas, L.L.C.

Stephenville Texas Property, L.L.C.

Stevens Avenue Property, L.L.C.

Texas Four Property, L.L.C.

Texas Fifteen Property, L.L.C.

Texhoma Avenue Property, L.L.C.

Tujunga, L.L.C.

Tulare County Property, L.L.C.

VRB Aviv, L.L.C.

Washington Idaho Property, L.L.C

Wellington Leasehold, L.L.C

West Pearl Street, L.L.C.

West Yarmouth Property I, L.L.C.

Whitlock Street Property, L.L.C.

Willis Texas Aviv, L.L.C.

Yuba Aviv, L.L.C.

 

     
Table of Contents      

 

Exhibit No.   Exhibit
3.125  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.126 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

446 Sycamore Road, L.L.C.

Albany Street Property, L.L.C.

Arkansas Aviv, L.L.C.

Arma Yates, L.L.C.

Avery Street Property, L.L.C

Aviv Financing I, L.L.C.

Aviv Financing II, L.L.C.

Aviv Financing III, L.L.C.

Aviv Financing IV, L.L.C.

Aviv Financing V, L.L.C.

Aviv Foothills, L.L.C.

Aviv Liberty, L.L.C.

Avon Ohio, L.L.C.

Belleville Illinois, L.L.C.

Bellingham II Associates, L.L.C.

Bethel ALF Property, L.L.C.

BHG Aviv, L.L.C.

Biglerville Road, L.L.C.

Bonham Texas, L.L.C

Bradenton ALF Property, L.L.C.

Burton NH Property, L.L.C.

California Aviv Two, L.L.C.

California Aviv, L.L.C.

Camas Associates, L.L.C.

Casa/Sierra California Associates, L.L.C.

Champaign Williamson Franklin, L.L.C

Chardon Ohio Property Holdings, L.L.C.

Chardon Ohio Property, L.L.C.

Chatham Aviv, L.L.C.

Clarkston Care, L.L.C.

Colonial Madison Associates, L.L.C.

Colville Washington Property, L.L.C.

Columbus Texas Aviv, L.L.C

Columbus Western Avenue, L.L.C.

Commerce Sterling Hart Drive, L.L.C.

Conroe Rigby Owen Road, L.L.C

CR Aviv, L.L.C.

Crete Plus Five Property, L.L.C.

Crooked River Road, L.L.C.

Cuyahoga Falls Property, L.L.C.

Dallas Two Property, L.L.C.

Danbury ALF Property, L.L.C.

Darien ALF Property, L.L.C.

Denison Texas, L.L.C.

East Rollins Street, L.L.C.

Edgewood Drive Property, L.L.C.

Elite Mattoon, L.L.C.

Elite Yorkville, L.L.C.

Falcon Four Property Holding, L.L.C.

Falcon Four Property, L.L.C.

Falfurrias Texas, L.L.C.

Florida ALF Properties, L.L.C.

Florida Four Properties, L.L.C

Fort Stockton Property, L.L.C.

Four Fountains Aviv, L.L.C.

Fredericksburg South Adams Street, L.L.C.

Freewater Oregon, L.L.C.

Fullerton California, L.L.C.

Gardnerville Property, L.L.C.

Germantown Property, L.L.C.

Giltex Care, L.L.C.

Glendale NH Property, L.L.C.

Gonzales Texas Property, L.L.C.

Great Bend Property, L.L.C.

Greenville Kentucky Property, L.L.C.

HHM Aviv, L.L.C.

 

     
Table of Contents      

 

Exhibit No.   Exhibit
   

Hidden Acres Property, L.L.C.

Highland Leasehold, L.L.C.

Hot Springs Aviv, L.L.C.

Houston Texas Aviv, L.L.C.

Hutchinson Kansas, L.L.C.

Illinois Missouri Properties, L.L.C.

Iowa Lincoln County Property, L.L.C.

Jasper Springhill Street, L.L.C.

Kansas Five Property, L.L.C.

Karan Associates Two, L.L.C.

Karan Associates, L.L.C.

Karissa Court Property, L.L.C.

KB Northwest Associates, L.L.C.

Kentucky NH Properties, L.L.C.

Kingsville Texas, L.L.C.

Louisville Dutchmans Property, L.L.C.

Magnolia Drive Property, L.L.C.

Manor Associates, L.L.C.

Mansfield Aviv, L.L.C.

Massachusetts Nursing Homes, L.L.C.

McCarthy Street Property, L.L.C.

Minnesota Associates, L.L.C.

Mishawaka Property, L.L.C.

Missouri Associates, L.L.C.

Missouri Regency Associates, L.L.C.

Monterey Park Leasehold Mortgage, L.L.C.

Mount Washington Property, L.L.C.

Mt. Vernon Texas, L.L.C.

Murray County, L.L.C.

Muscatine Toledo Properties, L.L.C.

New Hope Property, L.L.C.

Newtown ALF Property, L.L.C.

Nicholasville Kentucky Property, L.L.C.

North Royalton Ohio Property, L.L.C.

Norwalk ALF Property, L.L.C.

Oakland Nursing Homes, L.L.C.

October Associates, L.L.C.

Ogden Associates, L.L.C.

Ohio Aviv Three, L.L.C.

Ohio Aviv Two, L.L.C.

Ohio Aviv, L.L.C.

Ohio Indiana Property, L.L.C.

Ohio Pennsylvania Property, L.L.C.

Oklahoma Two Property, L.L.C.

Oklahoma Warr Wind, L.L.C.

Omaha Associates, L.L.C.

Orange ALF Property, L.L.C.

Oregon Associates, L.L.C.

Oso Avenue Property, L.L.C.

Ostrom Avenue Property, L.L.C.

Peabody Associates Two, L.L.C.

Peabody Associates, L.L.C.

Pennington Road Property, L.L.C.

Pocatello Idaho Property, L.L.C.

Prescott Arkansas, L.L.C.

Ravenna Ohio Property, L.L.C.

Richland Washington, L.L.C.

Riverside Nursing Home Associates, L.L.C.

Riverside Nursing Home Associates Two, L.L.C.

Rockingham Drive Property, L.L.C.

 

     
Table of Contents      

 

Exhibit No.   Exhibit
   

Salem Associates, L.L.C.

San Juan NH Property, LLC

Sandalwood Arkansas Property, L.L.C.

Savoy/Bonham Venture, L.L.C.

Searcy Aviv, L.L.C.

Sedgwick Properties, L.L.C.

Seguin Texas Property, L.L.C.

S.C. Portfolio Property, L.L.C.

Sierra Ponds Property, L.L.C.

Skyview Associates, L.L.C.

Southern California Nevada, L.L.C.

Southeast Missouri Property, L.L.C.

St. Joseph Missouri Property, L.L.C.

Star City Arkansas, L.L.C.

Stephenville Texas Property, L.L.C.

Stevens Avenue Property, L.L.C.

Texas Four Property, L.L.C.

Texas Fifteen Property, L.L.C.

Texhoma Avenue Property, L.L.C.

Tujunga, L.L.C.

Tulare County Property, L.L.C.

VRB Aviv, L.L.C.

Washington Idaho Property, L.L.C

Wellington Leasehold, L.L.C

West Pearl Street, L.L.C.

West Yarmouth Property I, L.L.C.

Whitlock Street Property, L.L.C.

Willis Texas Aviv, L.L.C.

Yuba Aviv, L.L.C.

3.126  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of New Mexico (Incorporated by reference to Exhibit 3.127 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Alamorgo Aviv, L.L.C.

Clayton Associates, L.L.C

N.M. Bloomfield Three Plus One Limited Company

N.M. Espanola Three Plus One Limited Company

N.M. Lordsburg Three Plus One Limited Company

N.M. Silver City Three Plus One Limited Company

Raton Property Limited Company

3.127  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc., formed in the state of New Mexico (Incorporated by reference to Exhibit 3.128 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Alamorgo Aviv, L.L.C.

Clayton Associates, L.L.C

N.M. Bloomfield Three Plus One Limited Company

N.M. Espanola Three Plus One Limited Company

N.M. Lordsburg Three Plus One Limited Company

N.M. Silver City Three Plus One Limited Company

Raton Property Limited Company

3.128  

Form of Articles of Organization for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Illinois (Incorporated by reference to Exhibit 3.129 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Chippewa Valley, L.L.C.

Commerce Nursing Homes, L.L.C.

Effingham Associates, L.L.C.

Heritage Monterey Associates, L.L.C.

Hobbs Associates, L.L.C.

Idaho Associates, L.L.C.

Montana Associates, L.L.C.

Orange, L.L.C.

Pomona Vista L.L.C.

Red Rocks, L.L.C.

Rose Baldwin Park Property L.L.C.

Santa Ana-Bartlett, L.L.C.

Santa Fe Missouri Associates, L.L.C.

Sun-Mesa Properties, L.L.C.

Washington-Oregon Associates, L.L.C.

Watauga Associates, L.L.C.

 

     
Table of Contents      

 

Exhibit No.   Exhibit
3.129  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Illinois (Incorporated by reference to Exhibit 3.130 to the Company’s Form S-4 filed with the SEC on June 15, 2015):

Chippewa Valley, L.L.C.

Commerce Nursing Homes, L.L.C.

Effingham Associates, L.L.C.

Heritage Monterey Associates, L.L.C.

Hobbs Associates, L.L.C.

Idaho Associates, L.L.C.

Montana Associates, L.L.C.

Orange, L.L.C.

Pomona Vista L.L.C.

Red Rocks, L.L.C.

Rose Baldwin Park Property L.L.C.

Santa Ana-Bartlett, L.L.C.

Santa Fe Missouri Associates, L.L.C.

Sun-Mesa Properties, L.L.C.

Washington-Oregon Associates, L.L.C.

Watauga Associates, L.L.C.

3.130  

Articles of Organization of Wheeler Healthcare Associates, L.L.C. (Incorporated by reference to Exhibit 3.131 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

3.131  

Articles of Amendment of Wheeler Healthcare Associates, L.L.C. (Incorporated by reference to Exhibit 3.132 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

3.132   Amended and Restated Operating Agreement of Wheeler Healthcare Associates, L.L.C. (Incorporated by  reference to Exhibit 3.133 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.133   Certificate of Incorporation of Aviv Healthcare Capital Corporation (Incorporated by  reference to Exhibit 3.134 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.134  

Bylaws of Aviv Healthcare Capital Corporation (Incorporated by reference to Exhibit 3.135 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

3.135  

Certificate of Limited Partnership of Aviv Healthcare Properties Operating Partnership I, L.P. (Incorporated by reference to Exhibit 3.136 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

3.136   Amended and Restated Limited Partnership Agreement of Aviv Healthcare Properties Operating Partnership I, L.P. (Incorporated by  reference to Exhibit 3.137 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.137  

Certificate of Formation of Aviv Asset Management, L.L.C. (Incorporated by reference to Exhibit 3.138 to the Company’s Form S-4 filed with the SEC on June 15, 2015)

 

3.138   Second Amended and Restated Operating Agreement of Aviv Asset Management, L.L.C. (Incorporated by  reference to Exhibit 3.139 to the Company’s Form S-4 filed with the SEC on June 15, 2015)
3.139   Articles of Organization of 3232 Artesia Real Estate, LLC (Incorporated by  reference to Exhibit 3.139 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.140   Second Amended and Restated Operating Agreement of 3232 Artesia Real Estate, LLC (Incorporated by  reference to Exhibit 3.140 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.141  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.141 to the Company’s Form S-4 filed with the SEC on October 6, 2015):

CHR Bartow LLC

CHR Boca Raton LLC

CHR Bradenton LLC

CHR Cape Coral LLC

CHR Fort Myers LLC

CHR Fort Walton Beach LLC

CHR Lake Wales LLC

CHR Lakeland LLC

CHR Pompano Beach Broward LLC

CHR Pompano Beach LLC

CHR Sanford LLC

CHR Spring Hill LLC

CHR St. Pete Bay LLC

CHR St. Pete Egret LLC

CHR Tampa Carrollwood LLC

CHR Tampa LLC

CHR Tarpon Springs LLC

CHR Titusville LLC

 

     
Table of Contents      

 

Exhibit No.   Exhibit
3.142  

Form of Second Amended and Restated Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.142 to the Company’s Form S-4 filed with the SEC on October 6, 2015):

CHR Bartow LLC

CHR Boca Raton LLC

CHR Bradenton LLC

CHR Cape Coral LLC

CHR Fort Myers LLC

CHR Fort Walton Beach LLC

CHR Lake Wales LLC

CHR Lakeland LLC

CHR Pompano Beach Broward LLC

CHR Pompano Beach LLC

CHR Sanford LLC

CHR Spring Hill LLC

CHR St. Pete Bay LLC

CHR St. Pete Egret LLC

CHR Tampa Carrollwood LLC

CHR Tampa LLC

CHR Tarpon Springs LLC

CHR Titusville LLC

3.143  

Form of Certificate of Formation for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.143 to the Company’s Form S-4 filed with the SEC on October 6, 2015):

OHI Asset (GA) Dunwoody, LLC

OHI Asset (GA) Roswell, LLC

OHI Asset (LA) Baton Rouge, LLC

OHI Asset (NY) 2nd Avenue, LLC

OHI Asset (NY) 93rd Street, LLC

OHI Asset (FL) Pensacola - Hillview, LLC

OHI Asset (FL) Eustis, LLC

OHI Asset (VA) Martinsville SNF, LLC

OHI Asset (WA) Fort Vancouver, LLC

3.144  

Form of Limited Liability Company Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Delaware (Incorporated by reference to Exhibit 3.144 to the Company’s Form S-4 filed with the SEC on October 6, 2015):

OHI Asset (GA) Dunwoody, LLC

OHI Asset (GA) Roswell, LLC

OHI Asset (LA) Baton Rouge, LLC

OHI Asset (NY) 2nd Avenue, LLC

OHI Asset (NY) 93rd Street, LLC

OHI Asset (FL) Pensacola - Hillview, LLC

OHI Asset (FL) Eustis, LLC

OHI Asset (VA) Martinsville SNF, LLC

OHI Asset (WA) Fort Vancouver, LLC

3.145   Articles of Organization of G&L Gardens, LLC, as amended and restated (Incorporated by  reference to Exhibit 3.145 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.146  

Form of Second Amended and Restated Operating Agreement for the following subsidiaries of Omega Healthcare Investors, Inc. formed in the state of Arizona (Incorporated by reference to Exhibit 3.146 to the Company’s Form S-4 filed with the SEC on October 6, 2015):

G&L Gardens, LLC

Palm Valley Senior Care, LLC

3.147   Articles of Organization of Palm Valley Senior Care, LLC, as amended and restated (Incorporated by  reference to Exhibit 3.147 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.148   Articles of Organization of Ridgecrest Senior Care, LLC, as amended and restated (Incorporated by  reference to Exhibit 3.148 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.149   Second Amended and Restated Operating Agreement of Ridgecrest Senior Care, LLC (Incorporated by reference to Exhibit 3.149 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.150   Certificate of Formation of OHI Asset HUD H-F, LLC (Incorporated by  reference to Exhibit 3.150 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.151   Limited Liability Company Agreement of OHI Asset HUD H-F, LLC (Incorporated by  reference to Exhibit 3.151 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.152   Certificate of Formation of Westerville Ohio Office Property, L.L.C. (Incorporated by  reference to Exhibit 3.152 to the Company’s Form S-4 filed with the SEC on October 6, 2015)
3.153   Limited Liability Company Agreement of Westerville Ohio Office Property, L.L.C. (Incorporated by  reference to Exhibit 3.153 to the Company’s Form S-4 filed with the SEC on October 6, 2015)

 

     
Table of Contents      

 

Exhibit No.   Exhibit
4.1   Indenture, dated as of September 23, 2015, among Omega Healthcare Investors, Inc., each of the subsidiary guarantors listed therein and U.S. Bank National Association, as trustee, related to the 5.250% Senior Notes due 2026, including the Form of 5.250% Senior Notes and Form of Subsidiary Guarantee related thereto. (Incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K, filed on September 29, 2015)
4.1A   First Supplemental Indenture, dated as of November 9, 2015, among Omega Healthcare Investors, Inc., each of the subsidiary guarantors listed therein and U.S. Bank National Association, as trustee, related to the 5.250% Senior Notes due 2026, including the Form of 5.250% Senior Notes and Form of Subsidiary Guarantee related thereto†
4.2   Registration Rights Agreement, dated as of September 23, 2015, by and among Omega, the guarantors named therein, and with Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC for themselves and on behalf of the Initial Purchasers. (Incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K, filed on September 29, 2015)
5.1   Opinion of Bryan Cave LLP†
5.2   Opinion of Robinson & Cole LLP†
5.3   Opinion of Akerman LLP†
5.4   Opinion of Ice Miller LLP†
5.5   Opinion of Baudino Law Group, PLC†
5.6   Opinion of Wyatt, Tarrant & Combs, LLP†
5.7   Opinion of Partridge, Snow & Hahn LLP †
5.8   Opinion of Miller, Johnson, Snell & Cummiskey, P.L.C.†
5.9   Opinion of Butler Snow, LLP†
5.10   Opinion of Jones & Smith Law Firm, LLC†
5.11   Opinion of Dinsmore & Shohl LLP†
5.12   Opinion of Montgomery, McCracken, Walker & Rhoads, LLP†
8.1   Opinion of Bryan Cave LLP regarding certain tax matters†
12.1   Ratio of Earnings to Fixed Charges†
21   Subsidiaries of Omega Healthcare Investors, Inc.†
23.1   Consent of Ernst & Young LLP with respect to the audited financial statements of Omega Healthcare Investors, Inc. †
23.2   Consent of Ernst & Young LLP with respect to the audited financial statements of Aviv REIT, Inc. and Aviv Healthcare Properties Limited Partnership†
23.3   Consent of Bryan Cave LLP (included in Exhibit 5.1)
24   Power of Attorney (included on Signature Page)
25   Form T-1 Statement of Eligibility under the Trust Indenture Act of 1939 of U.S. Bank National Association†
99.1   Form of Letter of Transmittal relating to 5.250% Senior Notes due 2026†
99.2   Form of Notice of Guaranteed Delivery†
99.3   Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees†
99.4   Form of Letter to Clients†

______________

Filed herewith.

 

     

 

  

 

Exhibit 4.1A

    

FIRST SUPPLEMENTAL INDENTURE

(Senior Notes due 2026)

 

THIS FIRST SUPPLEMENTAL INDENTURE (this “ First Supplemental Indenture ”) is dated as of November 9, 2015, among OMEGA HEALTHCARE INVESTORS, INC., a Maryland corporation (the “ Issuer ”), each of the entities listed on Schedule II hereto (collectively, the “ New Subsidiaries ”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as trustee (the “ Trustee ”).

 

W I T N E S S E T H :

 

WHEREAS , the Issuer and each of its direct and indirect subsidiaries listed on Schedule I hereto (collectively, the “ Subsidiary Guarantors ”) have heretofore executed and delivered to the Trustee an Indenture, dated as of September 23, 2015 (the “ Indenture ”) providing for the issuance of the Issuer’s 5.250 % Senior Notes due 2026 (the “ Notes ”);

 

WHEREAS , Section 9.01(a)(4) of the Indenture authorizes the Issuer and the Trustee, together, to amend or supplement the Indenture, without notice to or consent of any Holder of the Notes and without the execution of such amendment or supplement by existing Subsidiary Guarantors, for the purpose of adding any additional Subsidiary Guarantee by any additional Guarantor;

 

WHEREAS , pursuant to Section 4.09 of the Indenture, the New Subsidiaries are required to become Subsidiary Guarantors;

 

WHEREAS , in Section 1.01 of the Indenture, the term “Subsidiary Guarantors” is defined to include all Persons that become a Subsidiary Guarantor by the terms of the Indenture after the Closing Date; and

 

WHEREAS , Section 10.01 of the Indenture provides that each Subsidiary Guarantor shall be a guarantor of the Issuer’s obligations under the Notes, subject to the terms and conditions described in the Indenture.

 

NOW, THEREFORE , in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Issuer, the New Subsidiaries and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

2. AMENDMENT TO GUARANTEE. The New Subsidiaries hereby agree, jointly and severally with all other Subsidiary Guarantors, to guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in the Indenture, and to be bound by, and to receive the benefit of, all other applicable provisions of the Indenture as Subsidiary Guarantors. Such guarantee shall be evidenced by the New Subsidiaries’ execution of Subsidiary Guarantees, the form of which is attached as Exhibit E to the Indenture, and shall be effective as of the date hereof.

 

[1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

3. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder, member, manager or controlling person of the New Subsidiaries, as such, shall have any liability for any obligations of the Issuer or any Subsidiary Guarantor under the Notes, any Guarantees, the Indenture or this First Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes, by accepting and holding a Note, waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

 

4. NEW YORK LAW TO GOVERN. The laws of the State of New York shall govern and be used to construe this First Supplemental Indenture.

 

5. COUNTERPARTS. The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together shall represent the same agreement.

 

6. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.

 

7. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Issuer and the New Subsidiaries.

 

[Remainder of Page Intentionally Left Blank]

 

[1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

IN WITNESS WHEREOF , the parties hereto have caused this First Supplemental Indenture to be duly executed, all as of the date first above written.

 

  ISSUER :
   
  OMEGA HEALTHCARE INVESTORS, INC. ,
  a Maryland corporation
     
  By: /s/ Daniel J. Booth
    Daniel J. Booth
    Chief Operating Officer and Secretary
   
  SUBSIDIARY GUARANTORS :
   
  OHI HEALTHCARE PROPERTIES LIMITED PARTNERSHIP
   
  By: OHI Healthcare Properties Holdco, Inc. as its Primary General Partner
     
    By: /s/ Daniel J. Booth
      Daniel J. Booth
      Chief Operating Officer and Secretary
   
  ON BEHALF OF EACH OF THE OTHER SUBSIDIARY GUARANTORS LISTED ON SCHEDULE I
     
  By: /s/ Daniel J. Booth
    Daniel J. Booth
    Chief Operating Officer and Secretary

 

[Signatures continued on the following page]

 

[Signature Page – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

  NEW SUBSIDIARIES :
   
  ON BEHALF OF EACH OF THE NEW SUBSIDIARIES LISTED ON SCHEDULE II
     
  By: /s/ Daniel J. Booth
    Daniel J. Booth
    Chief Operating Officer and Secretary

 

[Signatures continued on the following page]

 

[Signature Page – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

  U.S. BANK NATIONAL ASSOCIATION,
  as Trustee
     
  By: /s/ David Ferrell
    Name: David Ferrell
    Title: Vice President

 

[Signature Page – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

Schedule I

 

SUBSIDIARY GUARANTORS

 

1. 11900 East Artesia Boulevard, LLC
2. 1200 Ely Street Holdings Co. LLC
3. 13922 Cerise Avenue, LLC
4. 1628 B Street, LLC
5. 2400 Parkside Drive, LLC
6. 2425 Teller Avenue, LLC
7. 245 East Wilshire Avenue, LLC
8. 3232 Artesia Real Estate, LLC
9. 3806 Clayton Road, LLC
10. 42235 County Road Holdings Co. LLC
11. 446 Sycamore Road, L.L.C.
12. 48 High Point Road, LLC
13. 523 Hayes Lane, LLC
14. 637 East Romie Lane, LLC
15. Alamogordo Aviv, L.L.C.
16. Albany Street Property, L.L.C.
17. Arizona Lessor - Infinia, LLC
18. Arkansas Aviv, L.L.C.
19. Arma Yates, L.L.C.
20. Avery Street Property, L.L.C
21. Aviv Asset Management, L.L.C.
22. Aviv Financing I, L.L.C.
23. Aviv Financing II, L.L.C.
24. Aviv Financing III, L.L.C.
25. Aviv Financing IV, L.L.C.
26. Aviv Financing V, L.L.C.
27. Aviv Foothills, L.L.C.
28. Aviv Healthcare Capital Corporation
29. Aviv Healthcare Properties Operating Partnership I, L.P.
30. Aviv Liberty, L.L.C.
31. Avon Ohio, L.L.C.
32. Bala Cynwyd Real Estate, LP
33. Bayside Colorado Healthcare Associates, LLC
34. Bayside Street II, LLC
35. Bayside Street, LLC (f/k/a Bayside Street, Inc.)
36. Belleville Illinois, L.L.C.
37. Bellingham II Associates, L.L.C.
38. Bethel ALF Property, L.L.C.
39. BHG Aviv, L.L.C.
40. Biglerville Road, L.L.C.
41. Bonham Texas, L.L.C.
42. Bradenton ALF Property, L.L.C.

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

43. Burton NH Property, L.L.C.
44. California Aviv Two, L.L.C.
45. California Aviv, L.L.C.
46. Camas Associates, L.L.C.
47. Canton Health Care Land, LLC (f/k/a Canton Health Care Land, Inc.)
48. Carnegie Gardens LLC
49. Casa/Sierra California Associates, L.L.C.
50. CFG 2115 Woodstock Place LLC
51. Champaign Williamson Franklin, L.L.C.
52. Chardon Ohio Property Holdings, L.L.C.
53. Chardon Ohio Property, L.L.C.
54. Chatham Aviv, L.L.C.
55. Chippewa Valley, L.L.C.
56. CHR Bartow LLC
57. CHR Boca Raton  LLC
58. CHR Bradenton LLC
59. CHR Cape Coral LLC
60. CHR Fort Myers LLC
61. CHR Fort Walton Beach LLC
62. CHR Lake Wales LLC
63. CHR Lakeland LLC
64. CHR Pompano Beach Broward LLC
65. CHR Pompano Beach LLC
66. CHR Sanford LLC
67. CHR Spring Hill LLC
68. CHR St. Pete Bay LLC
69. CHR St. Pete Egret LLC
70. CHR Tampa Carrollwood LLC
71. CHR Tampa LLC
72. CHR Tarpon Springs LLC
73. CHR Titusville LLC
74. Clarkston Care, L.L.C.
75. Clayton Associates, L.L.C.
76. Colonial Gardens, LLC
77. Colonial Madison Associates, L.L.C.
78. Colorado Lessor - Conifer, LLC
79. Columbus Texas Aviv, L.L.C.
80. Columbus Western Avenue, L.L.C.
81. Colville Washington Property, L.L.C.
82. Commerce Nursing Homes, L.L.C.
83. Commerce Sterling Hart Drive, L.L.C.
84. Conroe Rigby Owen Road, L.L.C.
85. CR Aviv, L.L.C.
86. Crete Plus Five Property, L.L.C.
87. Crooked River Road, L.L.C.
88. CSE Albany LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

89. CSE Amarillo LLC
90. CSE Arden L.P.
91. CSE Augusta LLC
92. CSE Bedford LLC
93. CSE Blountville LLC
94. CSE Bolivar LLC
95. CSE Cambridge LLC
96. CSE Cambridge Realty LLC
97. CSE Camden LLC
98. CSE Canton LLC
99. CSE Casablanca Holdings II LLC
100. CSE Casablanca Holdings LLC
101. CSE Cedar Rapids LLC
102. CSE Centennial Village, LP
103. CSE Chelmsford LLC
104. CSE Chesterton LLC
105. CSE Claremont LLC
106. CSE Corpus North LLC
107. CSE Denver Iliff LLC
108. CSE Denver LLC
109. CSE Douglas LLC
110. CSE Elkton LLC
111. CSE Elkton Realty LLC
112. CSE Fairhaven LLC
113. CSE Fort Wayne LLC
114. CSE Frankston LLC
115. CSE Georgetown LLC
116. CSE Green Bay LLC
117. CSE Hilliard LLC
118. CSE Huntingdon LLC
119. CSE Huntsville LLC
120. CSE Indianapolis-Continental LLC
121. CSE Indianapolis-Greenbriar LLC
122. CSE Jacinto City LLC
123. CSE Jefferson City LLC
124. CSE Jeffersonville-Hillcrest Center LLC
125. CSE Jeffersonville-Jennings House LLC
126. CSE Kerrville LLC
127. CSE King L.P.
128. CSE Kingsport LLC
129. CSE Knightdale L.P.
130. CSE Lake City LLC
131. CSE Lake Worth LLC
132. CSE Lakewood LLC
133. CSE Las Vegas LLC
134. CSE Lawrenceburg LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

135. CSE Lenoir L.P.
136. CSE Lexington Park LLC
137. CSE Lexington Park Realty LLC
138. CSE Ligonier LLC
139. CSE Live Oak LLC
140. CSE Lowell LLC
141. CSE Marianna Holdings LLC
142. CSE Memphis LLC
143. CSE Mobile LLC
144. CSE Moore LLC
145. CSE North Carolina Holdings I LLC
146. CSE North Carolina Holdings II LLC
147. CSE Omro LLC
148. CSE Orange Park LLC
149. CSE Orlando-Pinar Terrace Manor LLC
150. CSE Orlando-Terra Vista Rehab LLC
151. CSE Pennsylvania Holdings, LP
152. CSE Piggott LLC
153. CSE Pilot Point LLC
154. CSE Pine View LLC
155. CSE Ponca City LLC
156. CSE Port St. Lucie LLC
157. CSE Richmond LLC
158. CSE Ripley LLC
159. CSE Ripon LLC
160. CSE Safford LLC
161. CSE Salina LLC
162. CSE Seminole LLC
163. CSE Shawnee LLC
164. CSE Spring Branch LLC
165. CSE Stillwater LLC
166. CSE Taylorsville LLC
167. CSE Texarkana LLC
168. CSE Texas City LLC
169. CSE The Village LLC
170. CSE Upland LLC
171. CSE Walnut Cove L.P.
172. CSE West Point LLC
173. CSE Whitehouse LLC
174. CSE Williamsport LLC
175. CSE Winter Haven LLC
176. CSE Woodfin L.P.
177. CSE Yorktown LLC
178. Cuyahoga Falls Property, L.L.C.
179. Dallas Two Property, L.L.C.
180. Danbury ALF Property, L.L.C.

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

181. Darien ALF Property, L.L.C.
182. Delta Investors I, LLC
183. Delta Investors II, LLC
184. Denison Texas, L.L.C.
185. Desert Lane LLC
186. Dixie White House Nursing Home, LLC (f/k/a Dixie White House Nursing Home, Inc.)
187. Dixon Health Care Center, LLC (f/k/a Dixon Health Care Center, Inc.)
188. East Rollins Street, L.L.C.
189. Edgewood Drive Property, L.L.C.
190. Effingham Associates, L.L.C.
191. Elite Mattoon, L.L.C.
192. Elite Yorkville, L.L.C.
193. Encanto Senior Care, LLC
194. Falcon Four Property Holding, L.L.C.
195. Falcon Four Property, L.L.C.
196. Falfurrias Texas, L.L.C.
197. Florida ALF Properties, L.L.C.
198. Florida Four Properties, L.L.C.
199. Florida Lessor – Meadowview, LLC
200. Florida Real Estate Company, LLC
201. Fort Stockton Property, L.L.C.
202. Four Fountains Aviv, L.L.C.
203. Fredericksburg South Adams Street, L.L.C.
204. Freewater Oregon, L.L.C.
205. Fullerton California, L.L.C.
206. G&L Gardens, LLC
207. Gardnerville Property, L.L.C.
208. Georgia Lessor - Bonterra/Parkview, LLC
209. Germantown Property, L.L.C.
210. Giltex Care, L.L.C.
211. Glendale NH Property, L.L.C.
212. Golden Hill Real Estate Company, LLC
213. Gonzales Texas Property, L.L.C.
214. Great Bend Property, L.L.C.
215. Greenbough, LLC
216. Greenville Kentucky Property, L.L.C.
217. Heritage Monterey Associates, L.L.C.
218. HHM Aviv, L.L.C.
219. Hidden Acres Property, L.L.C.
220. Highland Leasehold, L.L.C.
221. Hobbs Associates, L.L.C.
222. Hot Springs Atrium Owner, LLC
223. Hot Springs Aviv, L.L.C.
224. Hot Springs Cottages Owner, LLC
225. Hot Springs Marina Owner, LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

226. Houston Texas Aviv, L.L.C.
227. Hutchinson Kansas, L.L.C.
228. Hutton I Land, LLC (f/k/a Hutton I Land, Inc.)
229. Hutton II Land, LLC (f/k/a Hutton II Land, Inc.)
230. Hutton III Land, LLC (f/k/a Hutton III Land, Inc.)
231. Idaho Associates, L.L.C.
232. Illinois Missouri Properties, L.L.C.
233. Indiana Lessor – Wellington Manor, LLC
234. Iowa Lincoln County Property, L.L.C.
235. Jasper Springhill Street, L.L.C.
236. Kansas Five Property, L.L.C.
237. Karan Associates Two, L.L.C.
238. Karan Associates, L.L.C.
239. Karissa Court Property, L.L.C.
240. KB Northwest Associates, L.L.C.
241. Kentucky NH Properties, L.L.C.
242. Kingsville Texas, L.L.C.
243. LAD I Real Estate Company, LLC
244. Leatherman 90-1, LLC (f/k/a Leatherman 90-1, Inc.)
245. Leatherman Partnership 89-1, LLC (f/k/a Leatherman Partnership 89-1, Inc.)
246. Leatherman Partnership 89-2, LLC (f/k/a Leatherman Partnership 89-2, Inc.)
247. Louisville Dutchmans Property, L.L.C.
248. Magnolia Drive Property, L.L.C.
249. Manor Associates, L.L.C.
250. Mansfield Aviv, L.L.C.
251. Massachusetts Nursing Homes, L.L.C.
252. McCarthy Street Property, L.L.C.
253. Meridian Arms Land, LLC (f/k/a Meridian Arms Land, Inc.)
254. Minnesota Associates, L.L.C.
255. Mishawaka Property, L.L.C.
256. Missouri Associates, L.L.C.
257. Missouri Regency Associates, L.L.C.
258. Montana Associates, L.L.C.
259. Monterey Park Leasehold Mortgage, L.L.C.
260. Mount Washington Property, L.L.C.
261. Mt. Vernon Texas, L.L.C.
262. Murray County, L.L.C.
263. Muscatine Toledo Properties, L.L.C.
264. N.M. Bloomfield Three Plus One Limited Company
265. N.M. Espanola Three Plus One Limited Company
266. N.M. Lordsburg Three Plus One Limited Company
267. N.M. Silver City Three Plus One Limited Company
268. New Hope Property, L.L.C.
269. Newtown ALF Property, L.L.C.

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

270. Nicholasville Kentucky Property, L.L.C.
271. North Las Vegas LLC
272. North Royalton Ohio Property, L.L.C.
273. Norwalk ALF Property, L.L.C.
274. NRS Ventures, L.L.C.
275. Oakland Nursing Homes, L.L.C.
276. Ocean Springs Nursing Home, LLC (f/k/a Ocean Springs Nursing Home, Inc.)
277. October Associates, L.L.C.
278. Ogden Associates, L.L.C.
279. OHI (Connecticut), LLC
280. OHI (Illinois), LLC(f/k/a OHI (Illinois), Inc.)
281. OHI (Indiana), LLC
282. OHI (Iowa), LLC(f/k/a OHI (Iowa), Inc.)
283. OHI Asset (AR) Ash Flat, LLC
284. OHI Asset (AR) Camden, LLC
285. OHI Asset (AR) Conway, LLC
286. OHI Asset (AR) Des Arc, LLC
287. OHI Asset (AR) Hot Springs, LLC
288. OHI Asset (AR) Malvern, LLC
289. OHI Asset (AR) Mena, LLC
290. OHI Asset (AR) Pocahontas, LLC
291. OHI Asset (AR) Sheridan, LLC
292. OHI Asset (AR) Walnut Ridge, LLC
293. OHI Asset (AZ) Austin House, LLC
294. OHI Asset (CA), LLC
295. OHI Asset (CO), LLC
296. OHI Asset (CT) Lender, LLC
297. OHI Asset (FL) Lake Placid, LLC
298. OHI Asset (FL) Lender, LLC
299. OHI Asset (FL) Lutz, LLC
300. OHI Asset (FL), LLC
301. OHI Asset (GA) Dunwoody, LLC
302. OHI Asset (GA) Macon, LLC
303. OHI Asset (GA) Moultrie, LLC
304. OHI Asset (GA) Roswell, LLC
305. OHI Asset (GA) Snellville, LLC
306. OHI Asset (ID) Holly, LLC
307. OHI Asset (ID) Midland, LLC
308. OHI Asset (ID), LLC
309. OHI Asset (IL), LLC
310. OHI Asset (IN) American Village, LLC
311. OHI Asset (IN) Anderson, LLC
312. OHI Asset (IN) Beech Grove, LLC
313. OHI Asset (IN) Clarksville, LLC
314. OHI Asset (IN) Clinton, LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

315. OHI Asset (IN) Connersville, LLC
316. OHI Asset (IN) Crown Point, LLC
317. OHI Asset (IN) Eagle Valley, LLC
318. OHI Asset (IN) Elkhart, LLC
319. OHI Asset (IN) Forest Creek, LLC
320. OHI Asset (IN) Fort Wayne, LLC
321. OHI Asset (IN) Franklin, LLC
322. OHI Asset (IN) Greensburg, LLC
323. OHI Asset (IN) Indianapolis, LLC
324. OHI Asset (IN) Jasper, LLC
325. OHI Asset (IN) Kokomo, LLC
326. OHI Asset (IN) Lafayette, LLC
327. OHI Asset (IN) Madison, LLC
328. OHI Asset (IN) Monticello, LLC
329. OHI Asset (IN) Noblesville, LLC
330. OHI Asset (IN) Rosewalk, LLC
331. OHI Asset (IN) Salem, LLC
332. OHI Asset (IN) Seymour, LLC
333. OHI Asset (IN) Spring Mill, LLC
334. OHI Asset (IN) Terre Haute, LLC
335. OHI Asset (IN) Wabash, LLC
336. OHI Asset (IN) Westfield, LLC
337. OHI Asset (IN) Zionsville, LLC
338. OHI Asset (LA) Baton Rouge, LLC
339. OHI Asset (LA), LLC
340. OHI Asset (MD), LLC
341. OHI Asset (MI) Heather Hills, LLC
342. OHI Asset (MI), LLC
343. OHI Asset (MO), LLC
344. OHI Asset (MS) Byhalia, LLC
345. OHI Asset (MS) Cleveland, LLC
346. OHI Asset (MS) Clinton, LLC
347. OHI Asset (MS) Columbia, LLC
348. OHI Asset (MS) Corinth, LLC
349. OHI Asset (MS) Greenwood, LLC
350. OHI Asset (MS) Grenada, LLC
351. OHI Asset (MS) Holly Springs, LLC
352. OHI Asset (MS) Indianola, LLC
353. OHI Asset (MS) Natchez, LLC
354. OHI Asset (MS) Picayune, LLC
355. OHI Asset (MS) Vicksburg, LLC
356. OHI Asset (MS) Yazoo City, LLC
357. OHI Asset (NC) Wadesboro, LLC
358. OHI Asset (NY) 2nd Avenue, LLC
359. OHI Asset (NY) 93rd Street, LLC
360. OHI Asset (OH) Lender, LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

361. OHI Asset (OH), LLC
362. OHI Asset (OR) Portland, LLC
363. OHI Asset (OR) Troutdale, LLC
364. OHI Asset (PA) GP, LLC
365. OHI Asset (PA) West Mifflin, LP
366. OHI Asset (PA), LLC
367. OHI Asset (PA), LP
368. OHI Asset (SC) Aiken, LLC
369. OHI Asset (SC) Anderson, LLC
370. OHI Asset (SC) Easley Anne, LLC
371. OHI Asset (SC) Easley Crestview, LLC
372. OHI Asset (SC) Edgefield, LLC
373. OHI Asset (SC) Greenville Griffith, LLC
374. OHI Asset (SC) Greenville Laurens, LLC
375. OHI Asset (SC) Greenville North, LLC
376. OHI Asset (SC) Greenville, LLC
377. OHI Asset (SC) Greer, LLC
378. OHI Asset (SC) Marietta, LLC
379. OHI Asset (SC) McCormick, LLC
380. OHI Asset (SC) Orangeburg, LLC
381. OHI Asset (SC) Pickens East Cedar, LLC
382. OHI Asset (SC) Pickens Rosemond, LLC
383. OHI Asset (SC) Piedmont, LLC
384. OHI Asset (SC) Simpsonville SE Main, LLC
385. OHI Asset (SC) Simpsonville West Broad, LLC
386. OHI Asset (SC) Simpsonville West Curtis, LLC
387. OHI Asset (TN) Bartlett, LLC
388. OHI Asset (TN) Collierville, LLC
389. OHI Asset (TN) Jefferson City, LLC
390. OHI Asset (TN) Memphis, LLC
391. OHI Asset (TN) Rogersville, LLC
392. OHI Asset (TX) Anderson, LLC
393. OHI Asset (TX) Bryan, LLC
394. OHI Asset (TX) Burleson, LLC
395. OHI Asset (TX) College Station, LLC
396. OHI Asset (TX) Comfort, LLC
397. OHI Asset (TX) Diboll, LLC
398. OHI Asset (TX) Granbury, LLC
399. OHI Asset (TX) Hondo, LLC
400. OHI Asset (TX) Italy, LLC
401. OHI Asset (TX) Winnsboro, LLC
402. OHI Asset (TX), LLC
403. OHI Asset (UT) Ogden, LLC
404. OHI Asset (UT) Provo, LLC
405. OHI Asset (UT) Roy, LLC
406. OHI Asset (VA) Charlottesville, LLC

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

407. OHI Asset (VA) Farmville, LLC
408. OHI Asset (VA) Hillsville, LLC
409. OHI Asset (VA) Rocky Mount, LLC
410. OHI Asset (WA) Battle Ground, LLC
411. OHI Asset (WV) Danville, LLC
412. OHI Asset (WV) Ivydale, LLC
413. OHI Asset CHG ALF, LLC
414. OHI Asset CSB LLC
415. OHI Asset CSE – E, LLC
416. OHI Asset CSE – U, LLC
417. OHI Asset CSE–E Subsidiary, LLC
418. OHI Asset CSE–U Subsidiary, LLC
419. OHI Asset HUD CFG, LLC
420. OHI Asset HUD Delta, LLC
421. OHI Asset HUD H-F, LLC
422. OHI Asset HUD SF CA, LLC
423. OHI Asset HUD SF, LLC
424. OHI Asset HUD WO, LLC
425. OHI Asset II (CA), LLC
426. OHI Asset II (FL), LLC
427. OHI Asset II (PA), LP
428. OHI Asset III (PA), LP
429. OHI Asset IV (PA) Silver Lake, LP
430. OHI Asset Management, LLC
431. OHI Asset RO PMM Services, LLC
432. OHI Asset RO, LLC
433. OHI Asset, LLC
434. OHI Healthcare Properties Holdco, Inc.
435. OHI Healthcare Properties Limited Partnership
436. OHI Mezz Lender, LLC
437. OHI Tennessee, LLC (f/k/a OHI Tennessee, Inc.)
438. OHIMA, LLC (f/k/a OHIMA, Inc.)
439. Ohio Aviv Three, L.L.C.
440. Ohio Aviv Two, L.L.C.
441. Ohio Aviv, L.L.C.
442. Ohio Indiana Property, L.L.C.
443. Ohio Pennsylvania Property, L.L.C.
444. Oklahoma Two Property, L.L.C.
445. Oklahoma Warr Wind, L.L.C.
446. Omaha Associates, L.L.C.
447. Omega TRS I, Inc.
448. Orange ALF Property, L.L.C.
449. Orange Village Care Center, LLC (f/k/a Orange Village Care Center, Inc.)
450. Orange, L.L.C.
451. Oregon Associates, L.L.C.

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

452. Oso Avenue Property, L.L.C.
453. Ostrom Avenue Property, L.L.C.
454. Palm Valley Senior Care, LLC
455. Panama City Nursing Center LLC
456. Pavillion North Partners, LLC
457. Pavillion North, LLP
458. Pavillion Nursing Center North, LLC
459. Peabody Associates Two, L.L.C.
460. Peabody Associates, L.L.C.
461. Pennington Road Property, L.L.C.
462. Pensacola Real Estate Holdings I, LLC (f/k/a Pensacola Real Estate Holdings I, Inc.)
463. Pensacola Real Estate Holdings II, LLC (f/k/a Pensacola Real Estate Holdings II, Inc.)
464. Pensacola Real Estate Holdings III, LLC (f/k/a Pensacola Real Estate Holdings III, Inc.)
465. Pensacola Real Estate Holdings IV, LLC (f/k/a Pensacola Real Estate Holdings IV, Inc.)
466. Pensacola Real Estate Holdings V, LLC (f/k/a Pensacola Real Estate Holdings V, Inc.)
467. Pocatello Idaho Property, L.L.C.
468. Pomona Vista L.L.C.
469. Prescott Arkansas, L.L.C.
470. PV Realty–Willow Tree, LLC
471. Raton Property Limited Company
472. Ravenna Ohio Property, L.L.C.
473. Red Rocks, L.L.C.
474. Richland Washington, L.L.C.
475. Ridgecrest Senior Care, LLC
476. Riverside Nursing Home Associates Two, L.L.C.
477. Riverside Nursing Home Associates, L.L.C.
478. Rockingham Drive Property, L.L.C.
479. Rose Baldwin Park Property L.L.C.
480. S.C. Portfolio Property, L.L.C.
481. Salem Associates, L.L.C.
482. San Juan NH Property, LLC
483. Sandalwood Arkansas Property, L.L.C.
484. Santa Ana-Bartlett, L.L.C.
485. Santa Fe Missouri Associates, L.L.C.
486. Savoy/Bonham Venture, L.L.C.
487. Searcy Aviv, L.L.C.
488. Sedgwick Properties, L.L.C.
489. Seguin Texas Property, L.L.C.
490. Sierra Ponds Property, L.L.C.
491. Skyler Boyington, LLC (f/k/a Skyler Boyington, Inc.)
492. Skyler Florida, LLC (f/k/a Skyler Florida, Inc.)

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

 

493. Skyler Maitland LLC
494. Skyler Pensacola, LLC (f/k/a Skyler Pensacola, Inc.)
495. Skyview Associates, L.L.C.
496. Southeast Missouri Property, L.L.C.
497. Southern California Nevada, L.L.C.
498. St. Joseph Missouri Property, L.L.C.
499. St. Mary’s Properties, LLC (f/k/a St. Mary’s Properties, Inc.)
500. Star City Arkansas, L.L.C.
501. Stephenville Texas Property, L.L.C.
502. Sterling Acquisition, LLC
503. Stevens Avenue Property, L.L.C.
504. Sun-Mesa Properties, L.L.C.
505. Suwanee, LLC
506. Texas Fifteen Property, L.L.C.
507. Texas Four Property, L.L.C.
508. Texas Lessor – Stonegate GP, LLC
509. Texas Lessor – Stonegate, Limited, LLC
510. Texas Lessor – Stonegate, LP
511. Texhoma Avenue Property, L.L.C.
512. The Suburban Pavilion, LLC (f/k/a The Suburban Pavilion, Inc.)
513. Tujunga, L.L.C.
514. Tulare County Property, L.L.C.
515. VRB Aviv, L.L.C.
516. Washington Idaho Property, L.L.C.
517. Washington Lessor – Silverdale, LLC
518. Washington-Oregon Associates, L.L.C.
519. Watauga Associates, L.L.C.
520. Wellington Leasehold, L.L.C.
521. West Pearl Street, L.L.C.
522. West Yarmouth Property I, L.L.C.
523. Westerville Ohio Office Property, L.L.C.
524. Wheeler Healthcare Associates, L.L.C.
525. Whitlock Street Property, L.L.C.
526. Wilcare, LLC
527. Willis Texas Aviv, L.L.C.
528. Yuba Aviv, L.L.C.

 

[Schedule I – 1 st Supplemental Indenture – 2026 Notes]

 

 

 

  

Schedule II

 

NEW SUBSIDIARIES

 

1. OHI Asset (FL) Pensacola - Hillview, LLC
   
2. OHI Asset (FL) Eustis, LLC
   
3. OHI Asset (WA) Fort Vancouver, LLC
   
4. OHI Asset (VA) Martinsville SNF, LLC

 

[Schedule II – 1 st Supplemental Indenture – 2026 Notes]

 

 

 


Exhibit 5.1

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special counsel to Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent and by the subsidiary guarantors listed on Schedule I (the “ Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain (a) First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

In connection herewith, we have examined:

 

(1) the Registration Statement (including all exhibits thereto);

 

(2) an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ,” and collectively, the “ Guarantees ”) provided for therein;

 

(3) executed copies of the Initial Notes;

 

(4) the form of the Exchange Notes;

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

(5) the charter, certificate or articles of incorporation, formation and bylaws, limited liability company agreement, limited partnership agreement or other organizational documents of the Parent and each of the Guarantors incorporated, formed or organized under the laws of the States of Arizona, California, Colorado, Delaware, Illinois, Maryland, and Texas (such Guarantors, as so identified on Schedule I , being sometimes collectively referred to herein as the “ Identified Guarantors ”), as in effect on the date hereof and as certified by the applicable Secretary, Assistant Secretary or other appropriate representative of the Parent or the Identified Guarantors (the “ Organizational Documents ”);

 

(6) a certificate of legal existence and good standing for the Parent and each of the Identified Guarantors as of the date indicated on Schedule II ; and

 

(7) certificates of the respective Secretaries, Assistant Secretaries or other appropriate representatives of the Parent and each of the Identified Guarantors, certifying as to resolutions relating to the transactions referred to herein and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “ Transaction Documents .” The documents referenced as items (1) through (7) above are collectively referred to as the “ Reviewed Documents .”

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other corporate, limited liability company, limited partnership records, agreements and instruments of the Parent and of the Identified Guarantors, certificates of public officials and officers or other appropriate representatives of the Parent and the Identified Guarantors, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Reviewed Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“ EDGAR ”) or other sites maintained by a court or government authority or regulatory body, and the authenticity of the originals or such latter documents. If any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Parent and the Identified Guarantors.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

In connection herewith, we have assumed that, other than with respect to the Parent and the Guarantors, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

We have further assumed, with your permission, that (i) each of the Guarantors other than the Identified Guarantors (each, an “ Other Guarantor ,” and collectively, the “ Other Guarantors ”) has been duly organized and is validly existing in good standing under the laws of its state of organization, (ii) the execution and delivery by each such Other Guarantor of the Transaction Documents to which it is a party and the performance by it of its obligations thereunder are within its organizational power and have been duly authorized by all necessary action (corporate or other) on its part, (iii) each of the Transaction Documents to which any Other Guarantor is a party has been duly executed and delivered by each such Other Guarantor and (iv) the execution and delivery by each Other Guarantor of the Transaction Documents to which it is a party and the performance by it of its obligations thereunder do not result in any violation by it of the provisions of its organizational documents. We understand that you are receiving opinion letters, dated the date hereof, from the various law firms indicated on Schedule III (the “ Local Counsel Opinions ”), as to the validity and binding nature of the Guarantees against the Other Guarantors under the laws of the Other Guarantors’ respective states of organization, and that such opinion letters are being filed as exhibits to the Registration Statement as indicated on Schedule III . With your permission we have assumed the correctness of the conclusions set forth in the Local Counsel Opinions and express no opinion herein with regard thereto.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantees (in the form examined by us) have been duly executed by the Guarantors, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto:

 

(1) the Exchange Notes will constitute valid and binding obligations of the Parent; and

 

(2) each Guarantee will constitute a valid and binding obligation of the Guarantor that is a party thereto.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinions set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

(a)           Our opinions set forth herein reflect only the application of applicable Arizona, California, Colorado, Illinois, New York and Texas State law (excluding the securities and blue sky laws of such states, as to which we express no opinion), and to the extent required by the foregoing opinions, the General Corporation Law of the State of Delaware (8 Delaware Code Chapter 1), the Delaware Limited Liability Company Act (6 Delaware Code Chapter 18), and the Delaware Revised Uniform Limited Partnership Act (6 Delaware Code Chapter 17), the Maryland General Corporation Law (Titles 1-3, Corporations and Associations, Maryland Code), the Maryland Limited Liability Company Act (Title 4A, Corporations and Associations, Maryland Code), and the Maryland Uniform Revised Limited Partnership Act (Title 9A, Corporations and Associations, Maryland Code) (the jurisdictions referred to in this sentence being sometimes collectively referred to herein as the “ Opinion Jurisdictions ”). The opinions set forth herein are made as of the date hereof and are subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinions expressed herein are based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement these opinions should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of the laws of any jurisdiction other than the Opinion Jurisdictions, or in the case of Delaware and Maryland, any other laws of such states.

 

(b)          Our opinions contained herein may be limited by (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

(c)          Our opinions are further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(d)          We express no opinion as to:

 

(i)          the enforceability of (A) any provision of the Indenture, the Exchange Notes or Guarantees (collectively, the “ Operative Documents ”) purporting or attempting to (1) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Parent, any Guarantor or any other person to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (7) provide for or grant a power of attorney, or (B) any provision of the Operative Documents relating to choice of law; or

 

(ii)          the enforceability of (A) any rights to indemnification or contribution provided for in the Operative Documents which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights, (B) any provisions in the Operative Documents purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it, or (C) provisions in the Operative Documents whose terms are left open for later resolution by the parties.

  

(e)          Enforceability of the Guarantees is further subject to the qualification that certain waivers, procedures, remedies, and other provisions of the Guarantees may be unenforceable under or limited by the laws of the Opinion Jurisdictions; however, such laws do not in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantees, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantees after execution and delivery of such Guarantees may prevent the practical realization of the benefits intended by the Guarantees through a release or discharge of one or more Guarantors.

 

(f)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

We do not render any opinions except as set forth above. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name under the caption “Legal Matters” in the prospectus filed as a part thereof. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

Very truly yours,  
   
/s/ Bryan Cave LLP  
   
Bryan Cave LLP  

 

 

 

 

Schedule I

Page 1 of 12

 

Schedule I

 

Guarantors

 

Entity Name  

State or other jurisdiction

of formation

Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware
Bradenton ALF Property, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 2 of 12

 

Entity Name  

State or other jurisdiction

of formation

Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware
California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware
CSE Bolivar LLC   Delaware

 

 

 

 

Schedule I

Page 3 of 12

 

Entity Name  

State or other jurisdiction

of formation

CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware
CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware
CSE Lowell LLC   Delaware

 

 

 

 

Schedule I

Page 4 of 12

 

Entity Name  

State or other jurisdiction

of formation

CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware
CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware
Elite Mattoon, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 5 of 12

 

Entity Name  

State or other jurisdiction

of formation

Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware
Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware
Minnesota Associates, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 6 of 12

 

Entity Name  

State or other jurisdiction

of formation

Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware
Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Eustis, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware
OHI Asset (ID), LLC   Delaware

 

 

 

 

Schedule I

Page 7 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware
OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware
OHI Asset (MS) Picayune, LLC   Delaware

 

 

 

 

Schedule I

Page 8 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware
OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware
OHI Asset (TX) Winnsboro, LLC   Delaware

 

 

 

 

Schedule I

Page 9 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Martinsville SNF, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WA) Fort Vancouver, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware
OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware
Ostrom Avenue Property, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 10 of 12

 

Entity Name  

State or other jurisdiction

of formation

Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware
Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida
Pensacola Real Estate Holdings II, LLC   Florida

 

 

 

 

Schedule I

Page 11 of 12

 

Entity Name  

State or other jurisdiction

of formation

Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois
Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
Sterling Acquisition, LLC   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland
OHIMA, LLC   Massachusetts

 

 

 

 

Schedule I

Page 12 of 12

 

Entity Name  

State or other jurisdiction

of formation

1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

 

 

 

Schedule II

Page 1 of 12

 

Schedule II

 

LIST OF GOOD STANDING CERTIFICATES

(Omega Healthcare Investors, Inc. and each Identified Guarantor)

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Encanto Senior Care, LLC   Arizona   August 12, 2015
G&L Gardens, LLC   Arizona   August 12, 2015
Palm Valley Senior Care, LLC   Arizona   August 12, 2015
Ridgecrest Senior Care, LLC   Arizona   August 12, 2015
11900 East Artesia Boulevard, LLC   California   August 13, 2015
13922 Cerise Avenue, LLC   California   August 13, 2015
1628 B Street, LLC   California   August 13, 2015
2400 Parkside Drive, LLC   California   August 13, 2015
245 East Wilshire Avenue, LLC   California   August 13, 2015
3232 Artesia Real Estate, LLC   California   August 13, 2015
3806 Clayton Road, LLC   California   August 13, 2015
523 Hayes Lane, LLC   California   August 13, 2015
637 East Romie Lane, LLC   California   August 13, 2015
Golden Hill Real Estate Company, LLC   California   August 13, 2015
2425 Teller Avenue, LLC   Colorado   August 13, 2015
Bayside Colorado Healthcare Associates, LLC   Colorado   August 13, 2015
446 Sycamore Road, L.L.C.   Delaware   August 14, 2015
Albany Street Property, L.L.C.   Delaware   August 14, 2015
Arkansas Aviv, L.L.C.   Delaware   August 14, 2015
Arma Yates, L.L.C.   Delaware   August 14, 2015
Avery Street Property, L.L.C   Delaware   August 14, 2015
Aviv Asset Management, L.L.C.   Delaware   August 14, 2015
Aviv Financing I, L.L.C.   Delaware   August 14, 2015
Aviv Financing II, L.L.C.   Delaware   August 14, 2015
Aviv Financing III, L.L.C.   Delaware   August 14, 2015
Aviv Financing IV, L.L.C.   Delaware   August 14, 2015
Aviv Financing V, L.L.C.   Delaware   August 14, 2015
Aviv Foothills, L.L.C.   Delaware   August 14, 2015
Aviv Healthcare Capital Corporation   Delaware   August 14, 2015
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware   August 14, 2015
Aviv Liberty, L.L.C.   Delaware   August 14, 2015
Avon Ohio, L.L.C.   Delaware   August 14, 2015
Bayside Street II, LLC   Delaware   August 14, 2015
Belleville Illinois, L.L.C.   Delaware   August 14, 2015
Bellingham II Associates, L.L.C.   Delaware   August 14, 2015
Bethel ALF Property, L.L.C.   Delaware   August 14, 2015
BHG Aviv, L.L.C.   Delaware   August 14, 2015
Biglerville Road, L.L.C.   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 2 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Bonham Texas, L.L.C.   Delaware   August 14, 2015
Bradenton ALF Property, L.L.C.   Delaware   August 14, 2015
Burton NH Property, L.L.C.   Delaware   August 14, 2015
California Aviv Two, L.L.C.   Delaware   August 14, 2015
California Aviv, L.L.C.   Delaware   August 14, 2015
Camas Associates, L.L.C.   Delaware   August 14, 2015
Carnegie Gardens LLC   Delaware   August 14, 2015
Casa/Sierra California Associates, L.L.C.   Delaware   August 14, 2015
CFG 2115 Woodstock Place LLC   Delaware   August 14, 2015
Champaign Williamson Franklin, L.L.C.   Delaware   August 14, 2015
Chardon Ohio Property Holdings, L.L.C.   Delaware   August 14, 2015
Chardon Ohio Property, L.L.C.   Delaware   August 14, 2015
Chatham Aviv, L.L.C.   Delaware   August 14, 2015
CHR Bartow LLC   Delaware   August 14, 2015
CHR Boca Raton LLC   Delaware   August 14, 2015
CHR Bradenton LLC   Delaware   August 14, 2015
CHR Cape Coral LLC   Delaware   August 14, 2015
CHR Fort Myers LLC   Delaware   August 14, 2015
CHR Fort Walton Beach LLC   Delaware   August 14, 2015
CHR Lake Wales LLC   Delaware   August 14, 2015
CHR Lakeland LLC   Delaware   August 14, 2015
CHR Pompano Beach Broward LLC   Delaware   August 14, 2015
CHR Pompano Beach LLC   Delaware   August 14, 2015
CHR Sanford LLC   Delaware   August 14, 2015
CHR Spring Hill LLC   Delaware   August 14, 2015
CHR St. Pete Bay LLC   Delaware   August 14, 2015
CHR St. Pete Egret LLC   Delaware   August 14, 2015
CHR Tampa Carrollwood LLC   Delaware   August 14, 2015
CHR Tampa LLC   Delaware   August 14, 2015
CHR Tarpon Springs LLC   Delaware   August 14, 2015
CHR Titusville LLC   Delaware   August 14, 2015
Clarkston Care, L.L.C.   Delaware   August 14, 2015
Colonial Madison Associates, L.L.C.   Delaware   August 14, 2015
Columbus Texas Aviv, L.L.C.   Delaware   August 14, 2015
Columbus Western Avenue, L.L.C.   Delaware   August 14, 2015
Colville Washington Property, L.L.C.   Delaware   August 14, 2015
Commerce Sterling Hart Drive, L.L.C.   Delaware   August 14, 2015
Conroe Rigby Owen Road, L.L.C.   Delaware   August 14, 2015
CR Aviv, L.L.C.   Delaware   August 14, 2015
Crete Plus Five Property, L.L.C.   Delaware   August 14, 2015
Crooked River Road, L.L.C.   Delaware   August 14, 2015
CSE Albany LLC   Delaware   August 14, 2015
CSE Amarillo LLC   Delaware   August 14, 2015
CSE Arden L.P.   Delaware   August 14, 2015
CSE Augusta LLC   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 3 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
CSE Bedford LLC   Delaware   August 14, 2015
CSE Blountville LLC   Delaware   August 14, 2015
CSE Bolivar LLC   Delaware   August 14, 2015
CSE Cambridge LLC   Delaware   August 14, 2015
CSE Cambridge Realty LLC   Delaware   August 14, 2015
CSE Camden LLC   Delaware   August 14, 2015
CSE Canton LLC   Delaware   August 14, 2015
CSE Casablanca Holdings II LLC   Delaware   August 14, 2015
CSE Casablanca Holdings LLC   Delaware   August 14, 2015
CSE Cedar Rapids LLC   Delaware   August 14, 2015
CSE Centennial Village, LP   Delaware   August 14, 2015
CSE Chelmsford LLC   Delaware   August 14, 2015
CSE Chesterton LLC   Delaware   August 14, 2015
CSE Claremont LLC   Delaware   August 14, 2015
CSE Corpus North LLC   Delaware   August 14, 2015
CSE Denver Iliff LLC   Delaware   August 14, 2015
CSE Denver LLC   Delaware   August 14, 2015
CSE Douglas LLC   Delaware   August 14, 2015
CSE Elkton LLC   Delaware   August 14, 2015
CSE Elkton Realty LLC   Delaware   August 14, 2015
CSE Fairhaven LLC   Delaware   August 14, 2015
CSE Fort Wayne LLC   Delaware   August 14, 2015
CSE Frankston LLC   Delaware   August 14, 2015
CSE Georgetown LLC   Delaware   August 14, 2015
CSE Green Bay LLC   Delaware   August 14, 2015
CSE Hilliard LLC   Delaware   August 14, 2015
CSE Huntingdon LLC   Delaware   August 14, 2015
CSE Huntsville LLC   Delaware   August 14, 2015
CSE Indianapolis-Continental LLC   Delaware   August 14, 2015
CSE Indianapolis-Greenbriar LLC   Delaware   August 14, 2015
CSE Jacinto City LLC   Delaware   August 14, 2015
CSE Jefferson City LLC   Delaware   August 14, 2015
CSE Jeffersonville-Hillcrest Center LLC   Delaware   August 14, 2015
CSE Jeffersonville-Jennings House LLC   Delaware   August 14, 2015
CSE Kerrville LLC   Delaware   August 14, 2015
CSE King L.P.   Delaware   August 14, 2015
CSE Kingsport LLC   Delaware   August 14, 2015
CSE Knightdale L.P.   Delaware   August 14, 2015
CSE Lake City LLC   Delaware   August 14, 2015
CSE Lake Worth LLC   Delaware   August 14, 2015
CSE Lakewood LLC   Delaware   August 14, 2015
CSE Las Vegas LLC   Delaware   August 14, 2015
CSE Lawrenceburg LLC   Delaware   August 14, 2015
CSE Lenoir L.P.   Delaware   August 14, 2015
CSE Lexington Park LLC   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 4 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
CSE Lexington Park Realty LLC   Delaware   August 14, 2015
CSE Ligonier LLC   Delaware   August 14, 2015
CSE Live Oak LLC   Delaware   August 14, 2015
CSE Lowell LLC   Delaware   August 14, 2015
CSE Marianna Holdings LLC   Delaware   August 14, 2015
CSE Memphis LLC   Delaware   August 14, 2015
CSE Mobile LLC   Delaware   August 14, 2015
CSE Moore LLC   Delaware   August 14, 2015
CSE North Carolina Holdings I LLC   Delaware   August 14, 2015
CSE North Carolina Holdings II LLC   Delaware   August 14, 2015
CSE Omro LLC   Delaware   August 14, 2015
CSE Orange Park LLC   Delaware   August 14, 2015
CSE Orlando-Pinar Terrace Manor LLC   Delaware   August 14, 2015
CSE Orlando-Terra Vista Rehab LLC   Delaware   August 14, 2015
CSE Pennsylvania Holdings, LP   Delaware   August 14, 2015
CSE Piggott LLC   Delaware   August 14, 2015
CSE Pilot Point LLC   Delaware   August 14, 2015
CSE Pine View LLC   Delaware   August 14, 2015
CSE Ponca City LLC   Delaware   August 14, 2015
CSE Port St. Lucie LLC   Delaware   August 14, 2015
CSE Richmond LLC   Delaware   August 14, 2015
CSE Ripley LLC   Delaware   August 14, 2015
CSE Ripon LLC   Delaware   August 14, 2015
CSE Safford LLC   Delaware   August 14, 2015
CSE Salina LLC   Delaware   August 14, 2015
CSE Seminole LLC   Delaware   August 14, 2015
CSE Shawnee LLC   Delaware   August 14, 2015
CSE Spring Branch LLC   Delaware   August 14, 2015
CSE Stillwater LLC   Delaware   August 14, 2015
CSE Taylorsville LLC   Delaware   August 14, 2015
CSE Texarkana LLC   Delaware   August 14, 2015
CSE Texas City LLC   Delaware   August 14, 2015
CSE The Village LLC   Delaware   August 14, 2015
CSE Upland LLC   Delaware   August 14, 2015
CSE Walnut Cove L.P.   Delaware   August 14, 2015
CSE West Point LLC   Delaware   August 14, 2015
CSE Whitehouse LLC   Delaware   August 14, 2015
CSE Williamsport LLC   Delaware   August 14, 2015
CSE Winter Haven LLC   Delaware   August 14, 2015
CSE Woodfin L.P.   Delaware   August 14, 2015
CSE Yorktown LLC   Delaware   August 14, 2015
Cuyahoga Falls Property, L.L.C.   Delaware   August 14, 2015
Dallas Two Property, L.L.C.   Delaware   August 14, 2015
Danbury ALF Property, L.L.C.   Delaware   August 14, 2015
Darien ALF Property, L.L.C.   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 5 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Denison Texas, L.L.C.   Delaware   August 14, 2015
Desert Lane LLC   Delaware   August 14, 2015
East Rollins Street, L.L.C.   Delaware   August 14, 2015
Edgewood Drive Property, L.L.C.   Delaware   August 14, 2015
Elite Mattoon, L.L.C.   Delaware   August 14, 2015
Elite Yorkville, L.L.C.   Delaware   August 14, 2015
Falcon Four Property Holding, L.L.C.   Delaware   August 14, 2015
Falcon Four Property, L.L.C.   Delaware   August 14, 2015
Falfurrias Texas, L.L.C.   Delaware   August 14, 2015
Florida ALF Properties, L.L.C.   Delaware   August 14, 2015
Florida Four Properties, L.L.C.   Delaware   August 14, 2015
Fort Stockton Property, L.L.C.   Delaware   August 14, 2015
Four Fountains Aviv, L.L.C.   Delaware   August 14, 2015
Fredericksburg South Adams Street, L.L.C.   Delaware   August 14, 2015
Freewater Oregon, L.L.C.   Delaware   August 14, 2015
Fullerton California, L.L.C.   Delaware   August 14, 2015
Gardnerville Property, L.L.C.   Delaware   August 14, 2015
Germantown Property, L.L.C.   Delaware   August 14, 2015
Giltex Care, L.L.C.   Delaware   August 14, 2015
Glendale NH Property, L.L.C.   Delaware   August 14, 2015
Gonzales Texas Property, L.L.C.   Delaware   August 14, 2015
Great Bend Property, L.L.C.   Delaware   August 14, 2015
Greenbough, LLC   Delaware   August 14, 2015
Greenville Kentucky Property, L.L.C.   Delaware   August 14, 2015
HHM Aviv, L.L.C.   Delaware   August 14, 2015
Hidden Acres Property, L.L.C.   Delaware   August 14, 2015
Highland Leasehold, L.L.C.   Delaware   August 14, 2015
Hot Springs Atrium Owner, LLC   Delaware   August 14, 2015
Hot Springs Aviv, L.L.C.   Delaware   August 14, 2015
Hot Springs Cottages Owner, LLC   Delaware   August 14, 2015
Hot Springs Marina Owner, LLC   Delaware   August 14, 2015
Houston Texas Aviv, L.L.C.   Delaware   August 14, 2015
Hutchinson Kansas, L.L.C.   Delaware   August 14, 2015
Illinois Missouri Properties, L.L.C.   Delaware   August 14, 2015
Iowa Lincoln County Property, L.L.C.   Delaware   August 14, 2015
Jasper Springhill Street, L.L.C.   Delaware   August 14, 2015
Kansas Five Property, L.L.C.   Delaware   August 14, 2015
Karan Associates Two, L.L.C.   Delaware   August 14, 2015
Karan Associates, L.L.C.   Delaware   August 14, 2015
Karissa Court Property, L.L.C.   Delaware   August 14, 2015
KB Northwest Associates, L.L.C.   Delaware   August 14, 2015
Kentucky NH Properties, L.L.C.   Delaware   August 14, 2015
Kingsville Texas, L.L.C.   Delaware   August 14, 2015
LAD I Real Estate Company, LLC   Delaware   August 14, 2015
Louisville Dutchmans Property, L.L.C.   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 6 of 12

 

Entity Name

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Magnolia Drive Property, L.L.C.   Delaware   August 14, 2015
Manor Associates, L.L.C.   Delaware   August 14, 2015
Mansfield Aviv, L.L.C.   Delaware   August 14, 2015
Massachusetts Nursing Homes, L.L.C.   Delaware   August 14, 2015
McCarthy Street Property, L.L.C.   Delaware   August 14, 2015
Minnesota Associates, L.L.C.   Delaware   August 14, 2015
Mishawaka Property, L.L.C.   Delaware   August 14, 2015
Missouri Associates, L.L.C.   Delaware   August 14, 2015
Missouri Regency Associates, L.L.C.   Delaware   August 14, 2015
Monterey Park Leasehold Mortgage, L.L.C.   Delaware   August 14, 2015
Mount Washington Property, L.L.C.   Delaware   August 14, 2015
Mt. Vernon Texas, L.L.C.   Delaware   August 14, 2015
Murray County, L.L.C.   Delaware   August 14, 2015
Muscatine Toledo Properties, L.L.C.   Delaware   August 14, 2015
New Hope Property, L.L.C.   Delaware   August 14, 2015
Newtown ALF Property, L.L.C.   Delaware   August 14, 2015
Nicholasville Kentucky Property, L.L.C.   Delaware   August 14, 2015
North Las Vegas LLC   Delaware   August 14, 2015
North Royalton Ohio Property, L.L.C.   Delaware   August 14, 2015
Norwalk ALF Property, L.L.C.   Delaware   August 14, 2015
NRS Ventures, L.L.C.   Delaware   August 14, 2015
Oakland Nursing Homes, L.L.C.   Delaware   August 14, 2015
October Associates, L.L.C.   Delaware   August 14, 2015
Ogden Associates, L.L.C.   Delaware   August 14, 2015
OHI Asset (AR) Ash Flat, LLC   Delaware   August 14, 2015
OHI Asset (AR) Camden, LLC   Delaware   August 14, 2015
OHI Asset (AR) Conway, LLC   Delaware   August 14, 2015
OHI Asset (AR) Des Arc, LLC   Delaware   August 14, 2015
OHI Asset (AR) Hot Springs, LLC   Delaware   August 14, 2015
OHI Asset (AR) Malvern, LLC   Delaware   August 14, 2015
OHI Asset (AR) Mena, LLC   Delaware   August 14, 2015
OHI Asset (AR) Pocahontas, LLC   Delaware   August 14, 2015
OHI Asset (AR) Sheridan, LLC   Delaware   August 14, 2015
OHI Asset (AR) Walnut Ridge, LLC   Delaware   August 14, 2015
OHI Asset (AZ) Austin House, LLC   Delaware   August 14, 2015
OHI Asset (CA), LLC   Delaware   August 14, 2015
OHI Asset (CO), LLC   Delaware   August 14, 2015
OHI Asset (CT) Lender, LLC   Delaware   August 14, 2015
OHI Asset (FL) Eustis, LLC   Delaware   October 28, 2015
OHI Asset (FL) Lake Placid, LLC   Delaware   August 14, 2015
OHI Asset (FL) Lender, LLC   Delaware   August 14, 2015
OHI Asset (FL) Lutz, LLC   Delaware   August 20, 2015
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware   October 28, 2015
OHI Asset (FL), LLC   Delaware   August 14, 2015
OHI Asset (GA) Dunwoody, LLC   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 7 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
OHI Asset (GA) Macon, LLC   Delaware   August 14, 2015
OHI Asset (GA) Moultrie, LLC   Delaware   August 14, 2015
OHI Asset (GA) Roswell, LLC   Delaware   August 14, 2015
OHI Asset (GA) Snellville, LLC   Delaware   August 14, 2015
OHI Asset (ID) Holly, LLC   Delaware   August 14, 2015
OHI Asset (ID) Midland, LLC   Delaware   August 14, 2015
OHI Asset (ID), LLC   Delaware   August 14, 2015
OHI Asset (IL), LLC   Delaware   August 14, 2015
OHI Asset (IN) American Village, LLC   Delaware   August 14, 2015
OHI Asset (IN) Anderson, LLC   Delaware   August 14, 2015
OHI Asset (IN) Beech Grove, LLC   Delaware   August 14, 2015
OHI Asset (IN) Clarksville, LLC   Delaware   August 14, 2015
OHI Asset (IN) Clinton, LLC   Delaware   August 14, 2015
OHI Asset (IN) Connersville, LLC   Delaware   August 14, 2015
OHI Asset (IN) Crown Point, LLC   Delaware   August 14, 2015
OHI Asset (IN) Eagle Valley, LLC   Delaware   August 14, 2015
OHI Asset (IN) Elkhart, LLC   Delaware   August 14, 2015
OHI Asset (IN) Forest Creek, LLC   Delaware   August 14, 2015
OHI Asset (IN) Fort Wayne, LLC   Delaware   August 14, 2015
OHI Asset (IN) Franklin, LLC   Delaware   August 14, 2015
OHI Asset (IN) Greensburg, LLC   Delaware   August 14, 2015
OHI Asset (IN) Indianapolis, LLC   Delaware   August 14, 2015
OHI Asset (IN) Jasper, LLC   Delaware   August 14, 2015
OHI Asset (IN) Kokomo, LLC   Delaware   August 14, 2015
OHI Asset (IN) Lafayette, LLC   Delaware   August 14, 2015
OHI Asset (IN) Madison, LLC   Delaware   August 14, 2015
OHI Asset (IN) Monticello, LLC   Delaware   August 14, 2015
OHI Asset (IN) Noblesville, LLC   Delaware   August 14, 2015
OHI Asset (IN) Rosewalk, LLC   Delaware   August 14, 2015
OHI Asset (IN) Salem, LLC   Delaware   August 14, 2015
OHI Asset (IN) Seymour, LLC   Delaware   August 14, 2015
OHI Asset (IN) Spring Mill, LLC   Delaware   August 14, 2015
OHI Asset (IN) Terre Haute, LLC   Delaware   August 14, 2015
OHI Asset (IN) Wabash, LLC   Delaware   August 14, 2015
OHI Asset (IN) Westfield, LLC   Delaware   August 14, 2015
OHI Asset (IN) Zionsville, LLC   Delaware   August 14, 2015
OHI Asset (LA) Baton Rouge, LLC   Delaware   August 14, 2015
OHI Asset (LA), LLC   Delaware   August 14, 2015
OHI Asset (MD), LLC   Delaware   August 14, 2015
OHI Asset (MI) Heather Hills, LLC   Delaware   August 14, 2015
OHI Asset (MI), LLC   Delaware   August 14, 2015
OHI Asset (MO), LLC   Delaware   August 14, 2015
OHI Asset (MS) Byhalia, LLC   Delaware   August 14, 2015
OHI Asset (MS) Cleveland, LLC   Delaware   August 14, 2015
OHI Asset (MS) Clinton, LLC   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 8 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
OHI Asset (MS) Columbia, LLC   Delaware   August 14, 2015
OHI Asset (MS) Corinth, LLC   Delaware   August 14, 2015
OHI Asset (MS) Greenwood, LLC   Delaware   August 14, 2015
OHI Asset (MS) Grenada, LLC   Delaware   August 14, 2015
OHI Asset (MS) Holly Springs, LLC   Delaware   August 14, 2015
OHI Asset (MS) Indianola, LLC   Delaware   August 14, 2015
OHI Asset (MS) Natchez, LLC   Delaware   August 14, 2015
OHI Asset (MS) Picayune, LLC   Delaware   August 14, 2015
OHI Asset (MS) Vicksburg, LLC   Delaware   August 14, 2015
OHI Asset (MS) Yazoo City, LLC   Delaware   August 14, 2015
OHI Asset (NC) Wadesboro, LLC   Delaware   August 14, 2015
OHI Asset (NY) 2nd Avenue, LLC   Delaware   August 14, 2015
OHI Asset (NY) 93rd Street, LLC   Delaware   August 14, 2015
OHI Asset (OH) Lender, LLC   Delaware   August 14, 2015
OHI Asset (OH), LLC   Delaware   August 14, 2015
OHI Asset (OR) Portland, LLC   Delaware   August 14, 2015
OHI Asset (OR) Troutdale, LLC   Delaware   August 14, 2015
OHI Asset (PA) GP, LLC   Delaware   August 14, 2015
OHI Asset (PA) West Mifflin, LP   Delaware   August 14, 2015
OHI Asset (PA), LLC   Delaware   August 14, 2015
OHI Asset (SC) Aiken, LLC   Delaware   August 14, 2015
OHI Asset (SC) Anderson, LLC   Delaware   August 14, 2015
OHI Asset (SC) Easley Anne, LLC   Delaware   August 14, 2015
OHI Asset (SC) Easley Crestview, LLC   Delaware   August 14, 2015
OHI Asset (SC) Edgefield, LLC   Delaware   August 14, 2015
OHI Asset (SC) Greenville Griffith, LLC   Delaware   August 14, 2015
OHI Asset (SC) Greenville Laurens, LLC   Delaware   August 14, 2015
OHI Asset (SC) Greenville North, LLC   Delaware   August 14, 2015
OHI Asset (SC) Greenville, LLC   Delaware   August 14, 2015
OHI Asset (SC) Greer, LLC   Delaware   August 14, 2015
OHI Asset (SC) Marietta, LLC   Delaware   August 14, 2015
OHI Asset (SC) McCormick, LLC   Delaware   August 14, 2015
OHI Asset (SC) Orangeburg, LLC   Delaware   August 14, 2015
OHI Asset (SC) Pickens East Cedar, LLC   Delaware   August 14, 2015
OHI Asset (SC) Pickens Rosemond, LLC   Delaware   August 14, 2015
OHI Asset (SC) Piedmont, LLC   Delaware   August 14, 2015
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware   August 14, 2015
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware   August 14, 2015
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware   August 14, 2015
OHI Asset (TN) Bartlett, LLC   Delaware   August 14, 2015
OHI Asset (TN) Collierville, LLC   Delaware   August 14, 2015
OHI Asset (TN) Jefferson City, LLC   Delaware   August 14, 2015
OHI Asset (TN) Memphis, LLC   Delaware   August 14, 2015
OHI Asset (TN) Rogersville, LLC   Delaware   August 14, 2015
OHI Asset (TX) Anderson, LLC   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 9 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
OHI Asset (TX) Bryan, LLC   Delaware   August 14, 2015
OHI Asset (TX) Burleson, LLC   Delaware   August 14, 2015
OHI Asset (TX) College Station, LLC   Delaware   August 14, 2015
OHI Asset (TX) Comfort, LLC   Delaware   August 14, 2015
OHI Asset (TX) Diboll, LLC   Delaware   August 14, 2015
OHI Asset (TX) Granbury, LLC   Delaware   August 14, 2015
OHI Asset (TX) Hondo, LLC   Delaware   August 14, 2015
OHI Asset (TX) Italy, LLC   Delaware   August 14, 2015
OHI Asset (TX) Winnsboro, LLC   Delaware   August 14, 2015
OHI Asset (TX), LLC   Delaware   August 14, 2015
OHI Asset (UT) Ogden, LLC   Delaware   August 14, 2015
OHI Asset (UT) Provo, LLC   Delaware   August 14, 2015
OHI Asset (UT) Roy, LLC   Delaware   August 14, 2015
OHI Asset (VA) Charlottesville, LLC   Delaware   August 14, 2015
OHI Asset (VA) Farmville, LLC   Delaware   August 14, 2015
OHI Asset (VA) Hillsville, LLC   Delaware   August 14, 2015
OHI Asset (VA) Martinsville SNF, LLC   Delaware   October 28, 2015
OHI Asset (VA) Rocky Mount, LLC   Delaware   August 14, 2015
OHI Asset (WA) Battle Ground, LLC   Delaware   August 14, 2015
OHI Asset (WA) Fort Vancouver, LLC   Delaware   October 28, 2015
OHI Asset (WV) Danville, LLC   Delaware   August 14, 2015
OHI Asset (WV) Ivydale, LLC   Delaware   August 14, 2015
OHI Asset CHG ALF, LLC   Delaware   August 14, 2015
OHI Asset CSB LLC   Delaware   August 14, 2015
OHI Asset CSE – E, LLC   Delaware   August 14, 2015
OHI Asset CSE – U, LLC   Delaware   August 14, 2015
OHI Asset CSE–E Subsidiary, LLC   Delaware   August 14, 2015
OHI Asset CSE–U Subsidiary, LLC   Delaware   August 14, 2015
OHI Asset HUD CFG, LLC   Delaware   August 14, 2015
OHI Asset HUD Delta, LLC   Delaware   August 14, 2015
OHI Asset HUD H-F, LLC   Delaware   August 14, 2015
OHI Asset HUD SF CA, LLC   Delaware   August 14, 2015
OHI Asset HUD SF, LLC   Delaware   August 14, 2015
OHI Asset HUD WO, LLC   Delaware   August 14, 2015
OHI Asset II (CA), LLC   Delaware   August 14, 2015
OHI Asset II (FL), LLC   Delaware   August 14, 2015
OHI Asset Management, LLC   Delaware   August 14, 2015
OHI Asset RO PMM Services, LLC   Delaware   August 14, 2015
OHI Asset RO, LLC   Delaware   August 14, 2015
OHI Asset, LLC   Delaware   August 14, 2015
OHI Healthcare Properties Holdco, Inc.   Delaware   August 14, 2015
OHI Healthcare Properties Limited Partnership   Delaware   August 14, 2015
OHI Mezz Lender, LLC   Delaware   August 14, 2015
Ohio Aviv Three, L.L.C.   Delaware   August 14, 2015
Ohio Aviv Two, L.L.C.   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 10 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Ohio Aviv, L.L.C.   Delaware   August 14, 2015
Ohio Indiana Property, L.L.C.   Delaware   August 14, 2015
Ohio Pennsylvania Property, L.L.C.   Delaware   August 14, 2015
Oklahoma Two Property, L.L.C.   Delaware   August 14, 2015
Oklahoma Warr Wind, L.L.C.   Delaware   August 14, 2015
Omaha Associates, L.L.C.   Delaware   August 14, 2015
Orange ALF Property, L.L.C.   Delaware   August 14, 2015
Oregon Associates, L.L.C.   Delaware   August 14, 2015
Oso Avenue Property, L.L.C.   Delaware   August 14, 2015
Ostrom Avenue Property, L.L.C.   Delaware   August 14, 2015
Panama City Nursing Center LLC   Delaware   August 14, 2015
Peabody Associates Two, L.L.C.   Delaware   August 14, 2015
Peabody Associates, L.L.C.   Delaware   August 14, 2015
Pennington Road Property, L.L.C.   Delaware   August 14, 2015
Pocatello Idaho Property, L.L.C.   Delaware   August 14, 2015
Prescott Arkansas, L.L.C.   Delaware   August 14, 2015
Ravenna Ohio Property, L.L.C.   Delaware   August 14, 2015
Richland Washington, L.L.C.   Delaware   August 14, 2015
Riverside Nursing Home Associates Two, L.L.C.   Delaware   August 14, 2015
Riverside Nursing Home Associates, L.L.C.   Delaware   August 14, 2015
Rockingham Drive Property, L.L.C.   Delaware   August 14, 2015
S.C. Portfolio Property, L.L.C.   Delaware   August 14, 2015
Salem Associates, L.L.C.   Delaware   August 14, 2015
San Juan NH Property, LLC   Delaware   August 14, 2015
Sandalwood Arkansas Property, L.L.C.   Delaware   August 14, 2015
Savoy/Bonham Venture, L.L.C.   Delaware   August 14, 2015
Searcy Aviv, L.L.C.   Delaware   August 14, 2015
Sedgwick Properties, L.L.C.   Delaware   August 14, 2015
Seguin Texas Property, L.L.C.   Delaware   August 14, 2015
Sierra Ponds Property, L.L.C.   Delaware   August 14, 2015
Skyler Maitland LLC   Delaware   August 14, 2015
Skyview Associates, L.L.C.   Delaware   August 14, 2015
Southeast Missouri Property, L.L.C.   Delaware   August 14, 2015
Southern California Nevada, L.L.C.   Delaware   August 14, 2015
St. Joseph Missouri Property, L.L.C.   Delaware   August 14, 2015
Star City Arkansas, L.L.C.   Delaware   August 14, 2015
Stephenville Texas Property, L.L.C.   Delaware   August 14, 2015
Stevens Avenue Property, L.L.C.   Delaware   August 14, 2015
Suwanee, LLC   Delaware   August 14, 2015
Texas Fifteen Property, L.L.C.   Delaware   August 14, 2015
Texas Four Property, L.L.C.   Delaware   August 14, 2015
Texhoma Avenue Property, L.L.C.   Delaware   August 14, 2015
Tujunga, L.L.C.   Delaware   August 14, 2015
Tulare County Property, L.L.C.   Delaware   August 14, 2015
VRB Aviv, L.L.C.   Delaware   August 14, 2015

 

 

 

 

Schedule II

Page 11 of 12

 

Entity Name

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Washington Idaho Property, L.L.C.   Delaware   August 14, 2015
Wellington Leasehold, L.L.C.   Delaware   August 14, 2015
West Pearl Street, L.L.C.   Delaware   August 14, 2015
West Yarmouth Property I, L.L.C.   Delaware   August 14, 2015
Westerville Ohio Office Property, L.L.C.   Delaware   August 14, 2015
Whitlock Street Property, L.L.C.   Delaware   August 14, 2015
Willis Texas Aviv, L.L.C.   Delaware   August 14, 2015
Yuba Aviv, L.L.C.   Delaware   August 14, 2015
Chippewa Valley, L.L.C.   Illinois   August 13, 2015
Commerce Nursing Homes, L.L.C.   Illinois   August 13, 2015
Effingham Associates, L.L.C.   Illinois   August 13, 2015
Heritage Monterey Associates, L.L.C.   Illinois   August 13, 2015
Hobbs Associates, L.L.C.   Illinois   August 13, 2015
Idaho Associates, L.L.C.   Illinois   August 13, 2015
Montana Associates, L.L.C.   Illinois   August 13, 2015
OHI (Illinois), LLC   Illinois   August 13, 2015
Orange, L.L.C.   Illinois   August 13, 2015
Pomona Vista L.L.C.   Illinois   August 13, 2015
Red Rocks, L.L.C.   Illinois   August 13, 2015
Rose Baldwin Park Property L.L.C.   Illinois   August 13, 2015
Santa Ana-Bartlett, L.L.C.   Illinois   August 13, 2015
Santa Fe Missouri Associates, L.L.C.   Illinois   August 13, 2015
Sun-Mesa Properties, L.L.C.   Illinois   August 13, 2015
Washington-Oregon Associates, L.L.C.   Illinois   August 13, 2015
Watauga Associates, L.L.C.   Illinois   August 13, 2015
48 High Point Road, LLC   Maryland   August 12, 2015
Arizona Lessor – Infinia, LLC   Maryland   August 12, 2015
Bayside Street, LLC   Maryland   August 12, 2015
Colorado Lessor - Conifer, LLC   Maryland   August 12, 2015
Delta Investors I, LLC   Maryland   August 12, 2015
Delta Investors II, LLC   Maryland   August 12, 2015
Florida Lessor – Meadowview, LLC   Maryland   August 12, 2015
Georgia Lessor - Bonterra/Parkview, LLC   Maryland   August 12, 2015
Indiana Lessor – Wellington Manor, LLC   Maryland   August 12, 2015
OHI Asset (PA), LP   Maryland   August 12, 2015
OHI Asset II (PA), LP   Maryland   August 12, 2015
OHI Asset III (PA), LP   Maryland   August 12, 2015
OHI Asset IV (PA) Silver Lake, LP   Maryland   August 12, 2015
OHI Tennessee, LLC   Maryland   August 12, 2015
Omega Healthcare Investors, Inc.   Maryland   September 16, 2015
Omega TRS I, Inc.   Maryland   August 12, 2015
PV Realty–Willow Tree, LLC   Maryland   August 12, 2015
Texas Lessor – Stonegate GP, LLC   Maryland   August 12, 2015
Texas Lessor – Stonegate, Limited, LLC   Maryland   August 12, 2015

 

 

 

 

Schedule II

Page 12 of 12

 

Entity Name  

State or other
jurisdiction

of formation

  Issuance Date of
Good Standing
Certificate
Texas Lessor – Stonegate, LP   Maryland   August 12, 2015
Washington Lessor – Silverdale, LLC   Maryland   August 12, 2015
Wheeler Healthcare Associates, L.L.C.   Texas   August 20, 2015

 

 

 

 

Schedule III

Page 1 of 1

 

Schedule III

 

Local Counsel

 

Law Firm   State   Exhibit
Robinson & Cole LLP   Connecticut   Exhibit 5.2
Akerman LLP   Florida   Exhibit 5.3
Ice Miller LLP   Indiana   Exhibit 5.4
Baudino Law Group, PLC   Iowa   Exhibit 5.5
Wyatt, Tarrant & Combs, LLP   Kentucky   Exhibit 5.6
Partridge, Snow & Hahn LLP   Massachusetts   Exhibit 5.7
Miller, Johnson, Snell & Cummiskey, P.L.C.   Michigan   Exhibit 5.8
Butler Snow, LLP   Mississippi   Exhibit 5.9
Jones & Smith Law Firm, LLC   New Mexico   Exhibit 5.10
Dinsmore & Shohl LLP   Ohio   Exhibit 5.11
Montgomery, McCracken, Walker & Rhoads, LLP   Pennsylvania   Exhibit 5.12

 

 

  


Exhibit 5.2

 

  LAW OFFICES
   
  280 Trumbull Street
  Hartford, CT 06103-3597
  Main (860) 275-8200
  Fax (860) 275-8299

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle, Suite 3500

Hunt Valley, MD 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Connecticut counsel to OHI (Connecticut), LLC, a Connecticut limited liability company (the “ Connecticut Guarantor ”), which is a wholly owned subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent and the subsidiary guarantors listed on Schedule I hereto (the “ Subsidiary Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain (a) First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation , preparation or execution of the Indenture, the Guarantees (as defined below), the Exchange Notes, the Initial Notes, or any of the related agreements executed or delivered in connection with any of the foregoing. We have been retained solely for the purpose of rendering certain opinions pursuant to Connecticut law as specifically set forth herein.

 

In connection herewith, we have examined:

 

(1) the Registration Statement (but none of the exhibits thereto);

 

(2) an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ” and, collectively, the “ Guarantees ”) provided for therein;

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

(3) the form of the Initial Notes;

 

(4) the form of the Exchange Notes;

 

(5) the articles of organization and operating agreement of the Connecticut Guarantor, as certified by the Secretary of the Connecticut Guarantor pursuant to a certificate dated as of the date hereof;

 

(6) a certificate of legal existence for the Connecticut Guarantor issued by the Secretary of State of the State of Connecticut as of August 13, 2015; and

 

(7) a certificate of the Secretary of the Connecticut Guarantor, dated as of the date hereof, certifying as to resolutions relating to the transactions referred to herein and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “ Transaction Documents .”

 

In our examination of the Transaction Documents, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“ EDGAR ”) or other sites maintained by a court or government authority or regulatory body, and the authenticity of the originals or such latter documents. If any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. We have not independently established or verified any facts relevant to the opinions expressed herein, and have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Connecticut Guarantor.

 

In connection herewith, we have assumed that, other than with respect to the Guarantee of the Connecticut Guarantor provided for in the Indenture, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

 

 

 

 

Omega Healthcare Investors, Inc.

November 12 2015

Page 3

 

We have further assumed, with your permission, that (a) each of the Subsidiary Guarantors other than the Connecticut Guarantor (each, an “ Other Guarantor ,” and collectively, the “ Other Guarantors ”) has been duly organized and is validly existing in good standing under the laws of its state of organization, (b) the execution and delivery by each such Other Guarantor of the Transaction Documents to which it is a party and the performance by it of its obligations thereunder are within its organizational power and have been duly authorized by all necessary action (corporate or other) on its part, (c) each of the Transaction Documents to which any Other Guarantor is a party has been duly executed and delivered by each such Other Guarantor and (d) the execution and delivery by each Other Guarantor of the Transaction Documents to which it is a party and the performance by it of its obligations thereunder do not result in any violation by it of the provisions of its organizational documents. We understand that you are receiving opinion letters, each dated as of the date hereof, from the various law firms indicated on Schedule II hereto (the “ Local Counsel Opinions ”) as to the validity and binding nature of the Guarantees against the Other Guarantors under the laws of the Other Guarantors’ respective states of organization, and that such opinion letters are being filed as exhibits to the Registration Statement as indicated on Schedule II hereto. With your permission we have assumed the correctness of the conclusions set forth in the Local Counsel Opinions and express no opinion herein with regard thereto.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (a) the Registration Statement has become effective under the Act, (b) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (c) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes, and the Guarantees (in the form examined by us) have been duly executed by the Subsidiary Guarantors, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of the Connecticut Guarantor provided for in the Indenture will constitute a valid and binding obligation of the Connecticut Guarantor.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)          Our opinion set forth herein reflects only the application of applicable Connecticut state law (excluding the securities and blue sky laws of such state, as to which we express no opinion). To the extent that any other laws govern any of the matters as to which we are opining herein, we have assumed, with your permission and without independent investigation, that such laws are identical to the state laws of the State of Connecticut, and we express no opinion as to whether such assumption is reasonable or correct. The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

(b)          We express no opinion herein as to the enforceability of the Exchange Notes.

 

(c)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

(d)          We express no opinion as to the availability of any equitable or specific remedy upon any breach of any of the agreements as to which we are opining herein, or any of the agreements, documents or obligations referred to therein, or to the successful assertion of any equitable defenses, inasmuch as the availability of such remedies or the success of any equitable defense may be subject to the discretion of a court.

 

(e)          We express no opinion as to:

 

(i)          the enforceability of (A) any provision of the Indenture, the Exchange Notes or Guarantees (collectively, the “ Operative Documents ”) purporting or attempting to (1) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Parent, any Subsidiary Guarantor or any other person to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (7) provide for or grant a power of attorney, or (B) any provision of the Operative Documents relating to choice of law; or

 

(ii)          the enforceability of (A) any rights to indemnification or contribution provided for in the Operative Documents which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights, (B) any provisions in the Operative Documents purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it, or (C) provisions in the Operative Documents whose terms are left open for later resolution by the parties.

 

(f)          Our opinion set forth herein is qualified to the extent that it may be subject to or affected by (i) applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance or similar laws relating to or affecting the rights of creditors generally, (ii) statutory or decisional law concerning recourse by creditors to security in the absence of notice or hearing, (iii) duties and standards imposed on creditors and parties to contracts, including, without limitation, requirements of good faith, reasonableness and fair dealing, and (iv) general equitable principles.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(g)          Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the captions “Legal Matters.” In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

 

Very truly yours,

 

ROBINSON & COLE LLP

 

By: /s/ John B. Lynch, Jr.  
  John B. Lynch, Jr., a Partner  

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 1 of 12

   

SCHEDULE I

 

GUARANTORS

 

Entity Name  

State or other jurisdiction

of formation

Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware
Bradenton ALF Property, L.L.C.   Delaware
Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2 of 12

   

Entity Name  

State or other jurisdiction

of formation

California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware
CSE Bolivar LLC   Delaware
CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3 of 12

   

Entity Name  

State or other jurisdiction

of formation

CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware
CSE Lowell LLC   Delaware
CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4 of 12

   

Entity Name  

State or other jurisdiction

of formation

CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware
Elite Mattoon, L.L.C.   Delaware
Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5 of 12

   

Entity Name  

State or other jurisdiction

of formation

Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware
Minnesota Associates, L.L.C.   Delaware
Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 6 of 12

   

Entity Name  

State or other jurisdiction

of formation

Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Eustis, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware
OHI Asset (ID), LLC   Delaware
OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 7 of 12

   

Entity Name  

State or other jurisdiction

of formation

OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware
OHI Asset (MS) Picayune, LLC   Delaware
OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 8 of 12

   

Entity Name  

State or other jurisdiction

of formation

OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware
OHI Asset (TX) Winnsboro, LLC   Delaware
OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Martinsville SNF, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WA) Fort Vancouver, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 9 of 12

   

Entity Name  

State or other jurisdiction

of formation

OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware
Ostrom Avenue Property, L.L.C.   Delaware
Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 10 of 12

   

Entity Name  

State or other jurisdiction

of formation

Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida
Pensacola Real Estate Holdings II, LLC   Florida
Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 11 of 12

   

Entity Name  

State or other jurisdiction

of formation

Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
Sterling Acquisition, LLC   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland
OHIMA, LLC   Massachusetts
1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 12 of 12

   

Entity Name  

State or other jurisdiction

of formation

Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 1 of 1

 

SCHEDULE II

 

LOCAL COUNSEL

 

Law Firm   State(s)   Exhibit
Bryan Cave LLP   Arizona
California
Colorado
Delaware
Illinois
Maryland
Texas
  Exhibit 5.1
Akerman LLP   Florida   Exhibit 5.3
Ice Miller LLP   Indiana   Exhibit 5.4
Baudino Law Group, PLC   Iowa   Exhibit 5.5
Wyatt, Tarrant & Combs, LLP   Kentucky   Exhibit 5.6
Partridge, Snow & Hahn LLP   Massachusetts   Exhibit 5.7
Miller, Johnson, Snell & Cummiskey, P.L.C.   Michigan   Exhibit 5.8
Butler Snow, LLP   Mississippi   Exhibit 5.9
Jones & Smith Law Firm, LLC   New Mexico   Exhibit 5.10
Dinsmore & Shohl LLP   Ohio   Exhibit 5.11
Montgomery, McCracken, Walker & Rhoads, LLP   Pennsylvania   Exhibit 5.12

 

 

 

 

Exhibit 5.3

 

Akerman LLP

401 E. Jackson Street

Suite 1700

Tampa, FL 33602-5250

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4
Filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Florida counsel to Florida Real Estate Company, LLC, a Florida limited liability company (“ FREC ”), Pensacola Real Estate Holdings I, LLC, a Florida limited liability company (“ Pensacola I ”), Pensacola Real Estate Holdings II, LLC, a Florida limited liability company (“ Pensacola II ”), Pensacola Real Estate Holdings III, LLC, a Florida limited liability company (“ Pensacola III ”), Pensacola Real Estate Holdings IV, LLC, a Florida limited liability company (“ Pensacola IV ”), Pensacola Real Estate Holdings V, LLC, a Florida limited liability company (“ Pensacola V ”), and Skyler Pensacola, LLC, a Florida limited liability company (“ Skyler ” and, together with FREC, Pensacola I, Pensacola II, Pensacola III, Pensacola IV, Pensacola V, the “ Florida Subsidiaries ”), each of which is a wholly owned, direct or indirect, as applicable, subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed as of the date hereof, by the Parent and the subsidiary guarantors listed on Schedule I hereto (the “ Subsidiary Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors signatory thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation, preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering certain opinions pursuant to Florida and New York law with respect to the Florida Subsidiaries.

 

akerman.com

 

     
     

 

Omega Healthcare Investors, Inc.  
November 12, 2015  
Page - 2-  
   

 

In connection with issuing this opinion, we have reviewed originals or copies of the following documents:

 

(i) the Registration Statement (including all exhibits thereto);

 

(ii) the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ” and, collectively, the “ Guarantees ”) provided for therein;

 

(iii) the Initial Notes;

 

(iv) the form of the Exchange Notes;

 

(v) the Articles of Organization of FREC, certified as true and correct by the Secretary of FREC as of the date hereof;

 

(vi) the Second Amended and Restated Limited Liability Company Agreement of FREC, dated January 22, 2010, true, correct and complete by the Secretary of FREC as of the date hereof;

 

(vii) resolutions adopted by written consent of the sole member of FREC as of September 16, 2015, authorizing, among other things, the execution and delivery by FREC of a Guarantee, certified as true, correct and complete by the Secretary of FREC as of the date hereof;

 

(viii) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date FREC is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(ix) the Certificate of Conversion and Articles of Organization of Pensacola I, certified as true and correct by the Secretary of Pensacola I as of the date hereof;

 

(x) the Operating Agreement, dated as of March 5, 2015, of Pensacola I, certified as true, correct and complete by the Secretary of Pensacola I as of the date hereof;

 

(xi) resolutions adopted by written consent of the sole member of Pensacola I as of September 16, 2015, authorizing, among other things, the execution and delivery by Pensacola I of a Guarantee, certified as true, correct and complete by the Secretary of Pensacola I as of the date hereof;

 

(xii) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Pensacola I is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(xiii) the Certificate of Conversion and Articles of Organization of Pensacola II, certified as true and correct by the Secretary of Pensacola II as of the date hereof;

 

     
     

 

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(xiv) the Operating Agreement, dated as of March 5, 2015, of Pensacola II, certified as true, correct and complete by the Secretary of Pensacola II as of the date hereof;

 

(xv) resolutions adopted by written consent of the sole member of Pensacola II as of September 16, 2015, authorizing, among other things, the execution and delivery by Pensacola II of a Guarantee, certified as true, correct and complete by the Secretary of Pensacola II as of the date hereof;

 

(xvi) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Pensacola II is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(xvii) the Certificate of Conversion and Articles of Organization of Pensacola III, certified as true and correct by the Secretary of Pensacola III as of the date hereof;

 

(xviii) the Operating Agreement, dated as of March 5, 2015, of Pensacola III, certified as true, correct and complete by the Secretary of Pensacola III as of the date hereof;

 

(xix) resolutions adopted by written consent of the sole member of Pensacola III as of September 16, 2015, authorizing, among other things, the execution and delivery by Pensacola III of a Guarantee, certified as true, correct and complete by the Secretary of Pensacola III as of the date hereof;

 

(xx) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Pensacola III is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(xxi) the Certificate of Conversion and Articles of Organization of Pensacola IV, certified as true and correct by the Secretary of Pensacola IV as of the date hereof;

 

(xxii) the Operating Agreement, dated as of March 5, 2015, of Pensacola IV, certified as true, correct and complete by the Secretary of Pensacola IV as of the date hereof;

 

(xxiii) resolutions adopted by written consent of the sole member of Pensacola IV as of September 16, 2015, authorizing, among other things, the execution and delivery by Pensacola IV of a Guarantee, certified as true, correct and complete by the Secretary of Pensacola IV as of the date hereof;

 

(xxiv) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Pensacola IV is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(xxv) the Certificate of Conversion and Articles of Organization of Pensacola V, certified as true and correct by the Secretary of Pensacola V as of the date hereof;

 

     
     

 

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(xxvi) the Operating Agreement, dated as of March 5, 2015, of Pensacola V, certified as true, correct and complete by the Secretary of Pensacola V as of the date hereof;

 

(xxvii) resolutions adopted by written consent of the sole member of Pensacola V as of September 16, 2015, authorizing, among other things, the execution and delivery by Pensacola V of a Guarantee, certified as true, correct and complete by the Secretary of Pensacola V as of the date hereof;

 

(xxviii) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Pensacola V is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active;

 

(xxix) the Certificate of Conversion and Articles of Organization of Skyler, certified as true and correct by the Secretary of Skyler as of the date hereof;

 

(xxx) the Operating Agreement, dated as of March 5, 2015, of Skyler, certified as true, correct and complete by the Secretary of Skyler as of the date hereof;

 

(xxxi) resolutions adopted by written consent of the sole member of Skyler as of September 16, 2015, authorizing, among other things, the execution and delivery by Skyler of a Guarantee, certified as true, correct and complete by the Secretary of Skyler as of the date hereof; and

 

(xxxii) a Certificate of the Secretary of State of Florida issued on August 13, 2015, stating, among other things, that as of such date Skyler is a limited liability company organized under the laws of the State of Florida, has paid all fees due to the Department of State of Florida through December 31, 2015, and its status is active.

 

The documents in paragraphs (i) through (iv) above are collectively referred to as the “ Transaction Documents ,” and the term Transaction Documents shall not include any other documents, contracts or matters referred to or described therein. The documents in paragraphs (v) through (xxxii) above are collectively referred to as the “ Organizational and Authority Documents .” Other than our review of the Transaction Documents and the Organizational and Authority Documents, we have not reviewed any other documents or made any independent investigation for the purpose of rendering this opinion, and we make no representation as to the scope or sufficiency of our documentation review for your purposes.

 

We have, with your consent, assumed that certificates of public officials dated earlier than the date of this opinion letter remain accurate from such earlier dates through and including the opinion letter date.

 

     
     

 

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November 12, 2015  
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In rendering the opinions set forth herein, we have relied, without investigation, on each of the following assumptions: (a) the legal capacity of each natural person to take all actions required of each such person in connection with the Exchange Offer; (b) the legal existence of each party to the Transaction Documents, other than the Florida Subsidiaries; (c) the power of each party to the Transaction Documents, other than the Florida Subsidiaries, to execute, deliver, and perform all Transaction Documents executed and delivered by such party and to do each other act done or to be done by such party; (d) the authorization, execution, and delivery by each party, other than the Florida Subsidiaries, of each Transaction Document executed and delivered or to be executed and delivered by such party; (e) the legality, validity, binding effect, and enforceability as to each party, other than the Florida Subsidiaries, of each Transaction Document executed and delivered by such party or to be executed and delivered and of each other act done or to be done by such party; (f) there have been no undisclosed modifications of any provision of any document reviewed by us in connection with the rendering of this opinion letter, and no undisclosed prior waiver of any right or remedy contained in any of the Transaction Documents; (g) the genuineness of each signature, the completeness of each document submitted to us, the authenticity of each document reviewed by us as an original, the conformity to the original of each document reviewed by us as a copy, and the authenticity of the original of each document received by us as a copy or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“ EDGAR ”) or other sites maintained by a court or government authority or regulatory body, and the authenticity of the originals or such latter documents, and if any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have further assumed that the document so filed is identical to the document we examined except for formatting changes; (h) the truthfulness of each statement as to all factual matters otherwise not known to us to be untruthful contained in any document encompassed within the diligence review undertaken by us; (i) each certificate or other document issued by a public authority is accurate, complete, and authentic as of the date of this opinion letter, and all official public records (including their proper indexing and filing) are accurate and complete; (j) the Exchange Offer and the conduct of the parties to the Exchange Offer comply with any requirement of good faith, fair dealing, and conscionability; (k) routine procedural matters such as service of process or qualification to do business in the relevant jurisdiction(s) will be satisfied by the parties seeking to enforce the Transaction Documents; (l) agreements (other than the Transaction Documents as to which opinions are being given) and judgments, decrees, and orders reviewed in connection with rendering the opinions will be enforced as written; (m) there are no agreements or understandings among the parties, written or oral, and there is no usage of trade or course of prior dealing among the parties that would, in either case, define, supplement, modify, or qualify the terms of the Transaction Documents or the rights of the parties thereunder; (n) the payment of all required documentary stamp taxes, intangible taxes, and other taxes and fees imposed upon the execution, filing, or recording of documents; and (o) with respect to the Exchange Offer and the Transaction Documents, including the inducement of the parties to enter into and perform their respective obligations thereunder, there has been no mutual mistake of fact or undue influence and there exists no fraud or duress.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations, and exceptions set forth herein, we are of the opinion that, when (a) the Registration Statement has become effective under the Act, (b) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (c) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantee of each Florida Subsidiary (in the form examined by us) has been duly executed by each such Florida Subsidiary, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of each Florida Subsidiary provided for in the Indenture will constitute a valid and binding obligation of each such Florida Subsidiary.

 

     
     

 

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The following Florida, New York and federal laws, rules and regulations are expressly excluded from the scope of this opinion letter: (a) securities laws, rules, and regulations; (b) Federal Reserve Board margin regulations; (c) laws, rules, and regulations regulating banks and other financial institutions, insurance companies, and investment companies; (d) pension and employee benefit laws, rules, and regulations, such as the Employee Retirement Income Security Act (ERISA); (e) labor laws, rules, and regulations, including laws on occupational safety and health (OSHA); (f) antitrust and unfair competition laws, rules, and regulations; (g) laws, rules, and regulations concerning compliance with fiduciary requirements; (h) laws, rules, and regulations concerning the creation, attachment, perfection, and priority of any lien or security interest; (i) laws, rules, and regulations relating to taxation; (j) bankruptcy, fraudulent conveyance, fraudulent transfer, and other insolvency laws; (k) environmental laws, rules, and regulations; (l) laws, rules, and regulations relating to patents, copyrights, trademarks, trade secrets, and other intellectual property; (m) local laws, statutes, administrative decisions, ordinances, rules, or regulations, including any zoning, planning, building, occupancy, or other similar approval or permit or any other ordinance or regulation of any county, municipality, township, or other political subdivision of the State of Florida; (n) criminal and state forfeiture laws and any racketeering laws, rules, and regulations; (o) other statutes of general application to the extent that they provide for criminal prosecution; (p) laws relating to terrorism or money laundering; (q) laws, regulations, and policies concerning national and local emergency and possible judicial deference to acts of sovereign states; (r) filing or consent requirements under any of the foregoing excluded laws; and (t) judicial and administrative decisions to the extent they deal with any of the foregoing excluded laws.

 

The foregoing opinion is subject to the following exceptions, qualifications, and limitations:

 

The opinion above is limited by: (i) bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and transfer, and similar law affecting the rights of creditors’ generally; and (ii) general principles of equity, regardless of whether such enforceability is considered in a proceeding at law or in equity.

 

No opinion is expressed herein with respect to any provision of the Transaction Documents that: (a) purports to excuse a party from liability for the party’s own acts; (b) purports to make void any act done in contravention thereof; (c) purports to authorize a party to act in the party’s sole discretion or purports to provide that determination by a party is conclusive; (d) requires waivers or amendments to be made only in writing; (e) purports to effect waivers of constitutional, statutory, or equitable rights or the effect of applicable laws, waivers of any statute of limitations, or waivers of broadly or vaguely stated rights, of unknown future defenses or of rights to damages; (f) imposes or permits: (i) liquidated damages, (ii) the appointment of a receiver, (iii) penalties, (iv) indemnification for gross negligence, willful misconduct, or other wrongdoing, (v) confessions of judgment, or (vi) rights of self-help or forfeiture; (g) purports to limit or alter laws requiring mitigation of damages; (h) concerns choice of forum, consent or submission to the personal or subject matter jurisdiction of courts, venue of actions, or means of service of process, waivers of rights to jury trials, and agreements regarding arbitration; (i) purports to reconstitute the terms thereof as necessary to avoid a claim or defense of usury; (j) purports to require a party thereto to pay or reimburse attorneys’ fees incurred by another party, or to indemnify another party therefor, which provisions may be limited by applicable statutes and decisions relating to the collection and award of attorneys’ fees; (k) relates to the evidentiary standards or other standards by which the Transaction Documents are to be construed, including, but not limited to, provisions that attempt to change or waive rules of evidence or fix the method or quantum of proof to be applied in litigation or similar proceedings; (l) enumerates that remedies are not exclusive or that a party has the right to pursue multiple remedies without regard to other remedies elected or that all remedies are cumulative; (m) constitutes severability provisions; (n) permits the exercise, under certain circumstances, of rights without notice or without providing opportunity to cure failures to perform; (o) purports to create rights to setoff otherwise than in accordance with applicable law; (p) contains a blanket prohibition on assignments or a specific prohibition on assignment of payments due or to come due; or (q) purports to entitle any party to specific performance of any provision thereof.

 

     
     

 

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We do not express any opinion as to the laws of any jurisdiction other than the States of Florida and New York and the United States of America. We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

This opinion letter speaks only as of the date hereof, and we assume no obligation to update or supplement this opinion letter if any applicable laws change after the date of this opinion letter or if we become aware after the date of this opinion letter of any facts, whether existing before or arising after the date hereof, that might change the opinions expressed above.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the caption “Legal Matters” in the prospectus filed as a part thereof. We also consent to your filing copies of this opinion as an exhibit to the Registration Statement with agencies of such states as you deem necessary in the course of complying with the laws of such states regarding the Exchange Offer. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  /s/ Akerman LLP
   
  Akerman LLP

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware
Bradenton ALF Property, L.L.C.   Delaware
Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware
California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware
CSE Bolivar LLC   Delaware
CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware
CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware
CSE Lowell LLC   Delaware
CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware
CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware
Elite Mattoon, L.L.C.   Delaware
Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware
Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware
Minnesota Associates, L.L.C.   Delaware
Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware
Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware
OHI Asset (ID), LLC   Delaware
OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware
OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware
OHI Asset (MS) Picayune, LLC   Delaware
OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware
OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware
OHI Asset (TX) Winnsboro, LLC   Delaware
OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware
OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware
Ostrom Avenue Property, L.L.C.   Delaware
Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware
Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Pensacola Real Estate Holdings II, LLC   Florida
Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois
Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
Sterling Acquisition, LLC   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland
OHIMA, LLC   Massachusetts
1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi

 

     
     

 

Schedule I
Subsidiary Guarantors

 

Subsidiary Guarantors   State or other
jurisdiction of
formation
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

     

 


Exhibit 5.4

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by
Omega Healthcare Investors, Inc. et al

 

Ladies and Gentlemen:

 

We have served as special counsel to OHI (Indiana), LLC, an Indiana limited liability company (the “ Opinion Subsidiary ”), a wholly owned, indirect subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), in connection with the Registration Statement on Form S-4 filed on or around November 12, 2015 (the “ Registration Statement ”) by the Parent, the Opinion Subsidiary and certain other subsidiary guarantors (the “ Subsidiary Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”) as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms not otherwise defined herein, shall have the meanings ascribed in the Indenture, unless otherwise specified.

 

Except as described in this letter, we are not generally familiar with the business, records, transactions or activities of the Opinion Subsidiary. Our knowledge of its business, records, transactions and activities is limited to the Transaction Documents and Authorization Documents set forth below. We were not involved in the preparation of the Registration Statement, nor were we involved in the negotiation , preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering a certain opinion under the laws of the State of Indiana and the State of New York, as applicable.

 

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

In connection herewith, we have examined originals or copies, certified or otherwise identified to our satisfaction, of those documents, corporate or other records, certificates and other papers that we deemed necessary to examine for the purpose of this opinion letter, including without limitation the following documents:

 

(1) the Registration Statement (including all filed exhibits thereto);

 

(2) an executed copy of the Indenture, including the form of Subsidiary Guarantee of the Exchange Notes (the “ Guarantee ”) provided for therein;

 

(3) executed copies of the Initial Notes;

 

(4) the form of the Exchange Notes;

 

(5) articles of organization and the operating agreement of the Opinion Subsidiary as in effect on the date hereof and as certified by the Secretary or Assistant Secretary of the Opinion Subsidiary (the “ Organizational Documents ”);

 

(6) a certificate of legal existence for the Opinion Subsidiary as of a recent date; and

 

(7) a certificate of the Secretary or Assistant Secretary of the Opinion Subsidiary, certifying as to resolutions relating to the transactions referred to herein and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “ Transaction Documents .” The documents referenced as (5) through (7) are collectively referred to as the “ Authorization Documents ” (together with the Transaction Documents, the “ Reviewed Documents ”).

 

In rendering this opinion letter, we have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other limited liability company agreements and instruments of the Opinion Subsidiary, certificates of public officials and officers or other appropriate representatives of the Opinion Subsidiary, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinion hereinafter expressed.

 

We have made such examination of the laws of the State of Indiana and the State of New York as we deemed relevant for purposes of this opinion letter, but we have not made a review of, and express no opinion concerning, the laws of any jurisdiction other than the State of Indiana and the State of New York.

 

In our examination of the Reviewed Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Opinion Subsidiary.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

In connection herewith, we have assumed that, other than with respect to the Opinion Subsidiary, all of the documents referred to in this opinion letter have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and (iv) the Guarantee of the Opinion Subsidiary (in the form examined by us) has been duly executed and delivered by the Opinion Subsidiary, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of the Opinion Subsidiary will constitute a valid and binding obligation of the Opinion Subsidiary.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)        We express no opinion herein regarding Indiana or New York securities and blue sky laws.

 

(b)        We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate, limited liability company or other analogous purposes.

 

(c)        Our opinion may be limited by (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally, including without limitation laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

(d)        Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

(e)        We express no opinion as to: (i) the enforceability of (A) any provision of the Indenture or the Exchange Notes or of the Guarantee purporting or attempting to (1) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Opinion Subsidiary or any other person to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, legal defenses, statutes of limitation or other benefits that cannot be waived under applicable law or (7) provide for or grant a power of attorney, or (B) any provision of the Guarantee relating to choice of law; or (ii) the enforceability of (A) any rights to indemnification or contribution provided for in the Guarantee which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights, (B) any provisions in the Guarantee purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it, or (C) provisions in the Guarantee whose terms are left open for later resolution by the parties.

 

(f)         Enforceability of the Guarantee is further subject to the qualification that certain waivers, procedures, remedies, and other provisions of the Guarantee may be unenforceable under or limited by the laws of the State of Indiana and/or the State of New York; however, such laws do not, in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantee, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantee after execution and delivery of such Guarantee may prevent the practical realization of the benefits intended by the Guarantee through a release or discharge of the Opinion Subsidiary.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof and is subject to, and may be affected by, future changes in the factual matters set forth herein, or future legislative action or judicial decisions and we undertake no duty to advise you of the same. We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the captions “Legal Matters”. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  /s/ Ice Miller LLP
   

 

     

 


Exhibit 5.5

 

  Des Moines
 
Albany
 
Atlanta
 
Kevin D. Morgan
morgan@baudino.com
Resident in Des Moines Office

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle, Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Iowa counsel to OHI (Iowa), LLC, an Iowa limited liability company (the “ Iowa Subsidiary Guarantor ”), a direct or indirect subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent and by the subsidiary guarantors listed on Schedule I (the “ Guarantors ”), which includes the Iowa Subsidiary Guarantor, with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation, preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering certain opinions pursuant to Iowa law.

 

In connection herewith, we have examined:

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

(1) the Registration Statement (not including any exhibits thereto);

 

(2) an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ,” and collectively, the “ Guarantees ”) provided for therein;

 

(3) executed copies of the Initial Notes;

 

(4) the form of the Exchange Notes;

 

(5) Articles of Conversion of OHI (Iowa), Inc., an Iowa corporation, into OHI (Iowa), LLC, an Iowa limited liability company, and a Certificate of Organization of the Iowa Subsidiary Guarantor as in effect on the date hereof and as certified by the Secretary of the Iowa Subsidiary Guarantor;

 

(6) the Operating Agreement of Iowa Subsidiary Guarantor, as in effect on the date hereof and as certified by the Secretary of the Iowa Subsidiary Guarantor;

 

(7) a certificate of legal existence and good standing for the Iowa Subsidiary Guarantor as of a recent date; and

 

(8) a certificate of the Secretary of the Iowa Subsidiary Guarantor, certifying as to resolutions relating to the transactions referred to herein, the Articles of Conversion and Certificate of Organization of Iowa Subsidiary Guarantor, the Operating Agreement of Iowa Subsidiary Guarantor, and the incumbency of officers (“ Secretary Certificate ”).

 

The documents referenced as items (1) through (4) above are collectively referred to as the “ Transaction Documents ,” and the term Transaction Documents shall not include any other documents, contracts or matters referred to, described or incorporated by reference therein. The documents referenced as items (1) through (8) above are collectively referred to as the “ Reviewed Documents .”

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other corporate records, agreements and instruments of the Iowa Subsidiary Guarantor, certificates of public officials and officers or other appropriate representatives of the Iowa Subsidiary Guarantor, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Reviewed Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“ EDGAR ”) or other sites maintained by a court or government authority or regulatory body, and the authenticity of the originals or such latter documents. If any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Iowa Subsidiary Guarantor.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

In connection herewith, we have assumed that, other than with respect to the Iowa Subsidiary Guarantor, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents. We have also assumed that there are no written or oral terms and conditions agreed to by, or course of conduct or dealings between any of the parties to the Transaction Documents that amend, delete, supplement, alter or otherwise vary the express terms of any of the Transaction Documents and that the Registration Statement, as executed and delivered, conform in all material respects to the drafts delivered to us, with all blank spaces appropriately completed and all appropriate exhibit attached.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantee (in the form examined by us) has been duly executed by the Iowa Subsidiary Guarantor, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of the Iowa Subsidiary Guarantor provided for in the Indenture will constitute a valid and binding obligation of the Iowa Subsidiary Guarantor under Iowa law.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)          Our opinion set forth herein reflects only the application of applicable Iowa state law (excluding the securities and blue sky laws of Iowa, as to which we express no opinion) and the federal laws of the United States of America. The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

(b)            We express no opinion herein as to the enforceability of the Exchange Notes.

 

(c)          Our opinion contained herein may be limited by (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

(d)          Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

(e)          We express no opinion as to:

 

(i)          the enforceability of (A) any provision of the Indenture, the Exchange Notes or Guarantee (collectively, the “ Operative Documents ”) purporting or attempting to (1) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Iowa Subsidiary Guarantor or any other person to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (7) provide for or grant a power of attorney, or (B) any provision of the Operative Documents relating to choice of law; or

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(ii)          the enforceability of (A) any rights to indemnification or contribution provided for in the Operative Documents which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights, (B) any provisions in the Operative Documents purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it, or (C) provisions in the Operative Documents whose terms are left open for later resolution by the parties.

 

(f)          Enforceability of the Guarantee is further subject to the qualifications that certain waivers, procedures, remedies, and other provisions of the Guarantee may be unenforceable under or limited by Iowa law; however, such laws do not in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantee, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantee after execution and delivery of such Guarantee may prevent the practical realization of the benefits intended by the Guarantee through a release or discharge of the Iowa Subsidiary Guarantor.

 

(g)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the caption “Legal Matters” in the prospectus filed as a part thereof. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

Sincerely,

 

BAUDINO LAW GROUP, PLC

 

By: /s/ Kevin D. Morgan  
  Kevin D. Morgan  

 

 

 

  

Schedule I

Page 1 of 12

 

Schedule I

 

Guarantors

 

Entity Name  

State or other jurisdiction

of formation

Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 2 of 12

 

Entity Name  

State or other jurisdiction

of formation

Bradenton ALF Property, L.L.C.   Delaware
Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware
California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware

 

 

 

 

Schedule I

Page 3 of 12

 

Entity Name  

State or other jurisdiction

of formation

CSE Bolivar LLC   Delaware
CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware
CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware

 

 

 

  

Schedule I

Page 4 of 12

 

Entity Name  

State or other jurisdiction

of formation

CSE Lowell LLC   Delaware
CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware
CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware

 

 

 

  

Schedule I

Page 5 of 12

 

Entity Name  

State or other jurisdiction

of formation

Elite Mattoon, L.L.C.   Delaware
Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware
Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware

 

 

 

  

Schedule I

Page 6 of 12

 

Entity Name  

State or other jurisdiction

of formation

Minnesota Associates, L.L.C.   Delaware
Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware
Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Eustis, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware

 

 

 

  

Schedule I

Page 7 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (ID), LLC   Delaware
OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware
OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware

 

 

 

  

Schedule I

Page 8 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (MS) Picayune, LLC   Delaware
OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware
OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware

 

 

 

 

Schedule I

Page 9 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHI Asset (TX) Winnsboro, LLC   Delaware
OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Martinsville SNF, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WA) Fort Vancouver, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware
OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware

 

 

 

 

Schedule I

Page 10 of 12

 

Entity Name  

State or other jurisdiction

of formation

Ostrom Avenue Property, L.L.C.   Delaware
Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware
Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida

 

 

 

  

Schedule I

Page 11 of 12

 

Entity Name  

State or other jurisdiction

of formation

Pensacola Real Estate Holdings II, LLC   Florida
Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois
Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
Sterling Acquisition, LLC   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland

 

 

 

 

Schedule I

Page 12 of 12

 

Entity Name  

State or other jurisdiction

of formation

OHIMA, LLC   Massachusetts
1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

 

  


Exhibit 5.6

 

[Letterhead of Wyatt, Tarrant & Combs, LLP]

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by
Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Kentucky counsel to that certain wholly owned, direct or indirect subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), identified as “Opinion Subsidiary” on Schedule I hereto (the “ Opinion Subsidiary ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent and the subsidiary guarantors listed on Schedule I hereto (the “ Subsidiary Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “Indenture”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation , preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering certain opinions pursuant to Kentucky law with respect to the Opinion Subsidiary.

 

In connection herewith, we have examined:

 

1.          the Registration Statement (including all exhibits thereto);

 

2.          an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ”) provided for therein;

 

3.          the form of the Initial Notes;

 

4.          the form of the Exchange Notes;

 

5.          the articles of organization and operating agreement of the Opinion Subsidiary as certified by the applicable Secretary, Assistant Secretary or other appropriate representative of such Opinion Subsidiary as of the date hereof (the “ Organizational Documents ”);

 

6.          a certificate of existence for each Opinion Subsidiary as of August 13, 2015; and

 

7.          certificates of the respective Secretaries, Assistant Secretaries or other appropriate representatives of the Opinion Subsidiary as the date hereof, certifying as to resolutions relating to the transactions referred to herein and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “Transaction Documents.”

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other corporate records, agreements and instruments of the Opinion Subsidiary, certificates of public officials and officers or other appropriate representatives of the Opinion Subsidiary, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Transaction Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Opinion Subsidiary.

 

In connection herewith, we have assumed that other than with respect to the Opinion Subsidiary and its Guarantee, all of the documents referred to in this opinion have been duly authorized, executed and delivered by all of the parties thereto, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantee (in the form examined by us) has been duly executed by the Opinion Subsidiary, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of Opinion Subsidiary provided for in the Indenture will constitute a valid and binding obligation of Opinion Subsidiary.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)          Our opinion set forth herein reflects only the application of applicable Kentucky state law (excluding the securities and blue sky laws of such state, as to which we express no opinion). The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) in the Commonwealth of Kentucky on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

(b)           We express no opinion herein as to the enforceability of the Exchange Notes or any of the other Transaction Documents other than the Guarantee of the Opinion Subsidiary. We have assumed that there has been no misrepresentation, fraud, duress, or mutual mistake of fact by any of the parties to the Transaction Documents.

 

(c)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

(d)          The opinion expressed herein is subject to and may be limited by: (i) all applicable bankruptcy, insolvency, reorganization, receivership, fraudulent conveyancing, preferential transfer, moratorium or similar laws of general application and court decisions affecting the rights of creditors; (ii) general principles of equity (regardless of whether considered in a proceeding at law or in equity); and (iii) an implied covenant of good faith and fair dealing.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(e)          Certain rights, remedies and other provisions in the Guarantee of the Opinion Subsidiary may be limited or rendered unenforceable by applicable laws of the Commonwealth of Kentucky or judicial decisions governing such provisions, but in our opinion such laws and judicial decisions do not, subject to the other qualifications and limitations in this opinion, render the Guarantee of the Opinion Subsidiary invalid as a whole, and there exist, in the Guarantee of the Opinion Subsidiary or pursuant to applicable law, adequate rights, remedies and provisions for the practical realization of the principal benefits intended to be provided by the Guarantee of the Opinion Subsidiary, except for the economic consequences of any judicial, administrative or other procedural delay which may be imposed by, relate to or result from such laws and judicial decisions.

 

(f)          Any provisions contained in any of the Guarantee of the Opinion Subsidiary reciting that various acts or omissions of the Trustee shall not impair the rights and remedies of the Trustee may not be enforceable depending on the particular facts and circumstances bearing upon the conduct of the Trustee with regard to such acts or omissions.

 

(g)          Any provisions contained in any of the Guarantee of the Opinion Subsidiary for waiver of jury trial by the Opinion Subsidiary, or that impose liquidated damages, penalties, forfeitures, late payment charges or an increase in the applicable interest rate upon default by the Opinion Subsidiary, or upon other conditions, that appoint the Trustee or others as the agent or attorney-in-fact for the Opinion Subsidiary, that provide that the Trustee shall be liable only for gross negligence or willful misconduct, or that purport to select a particular court as the forum for the resolution of disputes may not be enforceable under Kentucky law but their inclusion in the Guarantee of the Opinion Subsidiary will not impair the validity, binding effect or enforceability of the other provisions of the Guarantee of the Opinion Subsidiary.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 6

 

(h)          We express no opinion as to the enforceability of (1) any provision of the Guarantee of the Opinion Subsidiary purporting or attempting to (A) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (B) confer subject matter jurisdiction on a court not having independent grounds therefor, (C) modify or waive the requirements for effective service of process for any action that may be brought, (D) provide that remedies are cumulative or that decisions by a party are conclusive or (E) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (2) any provision of the Guarantee of the Opinion Subsidiary relating to choice of law.

 

(i)          No opinion is expressed regarding: (i) the laws, statutes and ordinances, administrative decisions, rules and regulations and other legal requirements of counties, towns, municipalities and political subdivisions of Kentucky; or (ii) any law or regulation concerning securities, taxation, labor, employee benefits, environmental protection, anti-trust or unfair competition.

 

(j)          We express no opinion on the enforceability of any prepayment premium in the event that it is held to be a penalty, an unreasonable charge or anything other than a valid liquidated damages clause.

 

(k)          We express no opinion as to any tax matters, the enforceability or impact of any tax laws or tax-related provisions in the Guarantee of the Opinion Subsidiary, or the availability of any tax credits or abatements.

 

(l)          We call your attention to the fact that we do not routinely act as counsel to the Opinion Subsidiary, and have made no special inquiry of such parties and are unaware of the existence of any specific factual matters pertaining to such parties which could affect this opinion.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 7

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the captions “Legal Matters.” In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  Wyatt, Tarrant & Combs, LLP
   
  /s/ Wyatt, Tarrant & Combs, LLP

 

 

 

 

Schedule I

 

Subsidiary Guarantors

 

(** indicates an Opinion Subsidiary)

 

Entity Name   State or other jurisdiction
of formation
Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware
Bradenton ALF Property, L.L.C.   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware
California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware
CSE Bolivar LLC   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware
CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware
CSE Lowell LLC   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware
CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware
Elite Mattoon, L.L.C.   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware
Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware
Minnesota Associates, L.L.C.   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware
Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Eustis, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware
OHI Asset (ID), LLC   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware
OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware
OHI Asset (MS) Picayune, LLC   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware
OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware
OHI Asset (TX) Winnsboro, LLC   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Martinsville SNF, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WA) Fort Vancouver, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware
OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware
Ostrom Avenue Property, L.L.C.   Delaware

 

 

 

 

Entity Name   State or other jurisdiction
of formation
Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware
Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida
Pensacola Real Estate Holdings II, LLC   Florida

 

 

 

 

Entity Name   State or other jurisdiction
of formation
Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois
Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
**Sterling Acquisition, LLC**   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland
OHIMA, LLC   Massachusetts

 

 

 

 

Entity Name   State or other jurisdiction
of formation
1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

 

 

 

Exhibit 5.7

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Massachusetts counsel to that certain wholly owned, direct or indirect, as applicable, subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”) identified as “OHIMA, LLC,” a Massachusetts limited liability company (the “ Opinion Subsidiary ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent and the subsidiary guarantors listed on Schedule I hereto (the “ Subsidiary Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain (a) First Supplemental Indenture dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation , preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering certain opinions pursuant to Massachusetts law.

 

In connection herewith, we have examined:

 

(1) the Registration Statement (including all exhibits thereto);

 

(2) an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ”) provided for therein;

 

(3) executed copies of the Initial Notes;

 

(4) the form of the Exchange Notes;

 

     

 

 

  Omega Healthcare Investors, Inc.
  November 12, 2015
  Page 2

 

(5) the certificate of organization and operating agreement of the Opinion Subsidiary as in effect on the date hereof and as certified by the Secretary, Assistant Secretary or other appropriate representative of the Opinion Subsidiary (the “ Organizational Documents ”);

 

(6) a certificate of legal existence and good standing for the Opinion Subsidiary as of a recent date; and

 

(7) a certificate of the Secretary or other appropriate representatives of the Opinion Subsidiary, certifying as to resolutions relating to the transactions referred to herein and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “Transaction Documents.”

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other corporate records, agreements and instruments of the Opinion Subsidiary, certificates of public officials and officers or other appropriate representatives of the Opinion Subsidiary, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Transaction Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Opinion Subsidiary.

 

In connection herewith, we have assumed that, other than with respect to the Opinion Subsidiary, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantee (in the form examined by us) has been duly executed by the Opinion Subsidiary, in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of the Opinion Subsidiary provided for in the Indenture will constitute a valid and binding obligation of the Opinion Subsidiary.

 

     

 

 

  Omega Healthcare Investors, Inc.
  November 12, 2015
  Page 3

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)  Our opinion set forth herein reflects only the application of applicable Massachusetts state law (excluding the securities and blue sky laws of such state, as to which we express no opinion) and the federal laws of the United States of America. The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

(b)  Our opinion contained herein may be limited by (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

(c)  Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

(d)  We express no opinion as to the enforceability of (1) any provision of the Indenture purporting or attempting to (A) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (B) confer subject matter jurisdiction on a court not having independent grounds therefor, (C) modify or waive the requirements for effective service of process for any action that may be brought, (D) waive the right of the Parent, the Opinion Subsidiary or any other person to a trial by jury, (E) provide that remedies are cumulative or that decisions by a party are conclusive or (F) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (2) any provision of the Indenture relating to choice of law.

 

     

 

 

  Omega Healthcare Investors, Inc.
  November 12, 2015
  Page 4

 

(e)  We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the captions “Legal Matters.” In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

Very truly yours,

 

/s/ PARTRIDGE SNOW & HAHN LLP

 

     

 

 

Schedule I

 

Subsidiary Guarantors

 

Subsidiary Jurisdiction of Formation
Encanto Senior Care, LLC Arizona
G&L Gardens, LLC Arizona
Palm Valley Senior Care, LLC Arizona
Ridgecrest Senior Care, LLC Arizona
11900 East Artesia Boulevard, LLC California
13922 Cerise Avenue, LLC California
1628 B Street, LLC California
2400 Parkside Drive, LLC California
245 East Wilshire Avenue, LLC California
3232 Artesia Real Estate, LLC California
3806 Clayton Road, LLC California
523 Hayes Lane, LLC California
637 East Romie Lane, LLC California
Golden Hill Real Estate Company, LLC California
2425 Teller Avenue, LLC Colorado
Bayside Colorado Healthcare Associates, LLC Colorado
OHI (Connecticut), LLC Connecticut
446 Sycamore Road, L.L.C. Delaware
Albany Street Property, L.L.C. Delaware
Arkansas Aviv, L.L.C. Delaware
Arma Yates, L.L.C. Delaware
Avery Street Property, L.L.C Delaware
Aviv Asset Management, L.L.C. Delaware
Aviv Financing I, L.L.C. Delaware
Aviv Financing II, L.L.C. Delaware
Aviv Financing III, L.L.C. Delaware
Aviv Financing IV, L.L.C. Delaware
Aviv Financing V, L.L.C. Delaware
Aviv Foothills, L.L.C. Delaware
Aviv Healthcare Capital Corporation Delaware
Aviv Healthcare Properties Operating Partnership I, L.P. Delaware
Aviv Liberty, L.L.C. Delaware
Avon Ohio, L.L.C. Delaware
Bayside Street II, LLC Delaware
Belleville Illinois, L.L.C. Delaware
Bellingham II Associates, L.L.C. Delaware
Bethel ALF Property, L.L.C. Delaware
BHG Aviv, L.L.C. Delaware
Biglerville Road, L.L.C. Delaware
Bonham Texas, L.L.C. Delaware
Bradenton ALF Property, L.L.C. Delaware
Burton NH Property, L.L.C. Delaware
California Aviv Two, L.L.C. Delaware
California Aviv, L.L.C. Delaware
Camas Associates, L.L.C. Delaware
Carnegie Gardens LLC Delaware
Casa/Sierra California Associates, L.L.C. Delaware
CFG 2115 Woodstock Place LLC Delaware
Champaign Williamson Franklin, L.L.C. Delaware
Chardon Ohio Property Holdings, L.L.C. Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
Chardon Ohio Property, L.L.C. Delaware
Chatham Aviv, L.L.C. Delaware
CHR Bartow LLC Delaware
CHR Boca Raton LLC Delaware
CHR Bradenton LLC Delaware
CHR Cape Coral LLC Delaware
CHR Fort Myers LLC Delaware
CHR Fort Walton Beach LLC Delaware
CHR Lake Wales LLC Delaware
CHR Lakeland LLC Delaware
CHR Pompano Beach Broward LLC Delaware
CHR Pompano Beach LLC Delaware
CHR Sanford LLC Delaware
CHR Spring Hill LLC Delaware
CHR St. Pete Bay LLC Delaware
CHR St. Pete Egret LLC Delaware
CHR Tampa Carrollwood LLC Delaware
CHR Tampa LLC Delaware
CHR Tarpon Springs LLC Delaware
CHR Titusville LLC Delaware
Clarkston Care, L.L.C. Delaware
Colonial Madison Associates, L.L.C. Delaware
Columbus Texas Aviv, L.L.C. Delaware
Columbus Western Avenue, L.L.C. Delaware
Colville Washington Property, L.L.C. Delaware
Commerce Sterling Hart Drive, L.L.C. Delaware
Conroe Rigby Owen Road, L.L.C. Delaware
CR Aviv, L.L.C. Delaware
Crete Plus Five Property, L.L.C. Delaware
Crooked River Road, L.L.C. Delaware
CSE Albany LLC Delaware
CSE Amarillo LLC Delaware
CSE Arden L.P. Delaware
CSE Augusta LLC Delaware
CSE Bedford LLC Delaware
CSE Blountville LLC Delaware
CSE Bolivar LLC Delaware
CSE Cambridge LLC Delaware
CSE Cambridge Realty LLC Delaware
CSE Camden LLC Delaware
CSE Canton LLC Delaware
CSE Casablanca Holdings II LLC Delaware
CSE Casablanca Holdings LLC Delaware
CSE Cedar Rapids LLC Delaware
CSE Centennial Village, LP Delaware
CSE Chelmsford LLC Delaware
CSE Chesterton LLC Delaware
CSE Claremont LLC Delaware
CSE Corpus North LLC Delaware
CSE Denver Iliff LLC Delaware
CSE Denver LLC Delaware
CSE Douglas LLC Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
CSE Elkton LLC Delaware
CSE Elkton Realty LLC Delaware
CSE Fairhaven LLC Delaware
CSE Fort Wayne LLC Delaware
CSE Frankston LLC Delaware
CSE Georgetown LLC Delaware
CSE Green Bay LLC Delaware
CSE Hilliard LLC Delaware
CSE Huntingdon LLC Delaware
CSE Huntsville LLC Delaware
CSE Indianapolis-Continental LLC Delaware
CSE Indianapolis-Greenbriar LLC Delaware
CSE Jacinto City LLC Delaware
CSE Jefferson City LLC Delaware
CSE Jeffersonville-Hillcrest Center LLC Delaware
CSE Jeffersonville-Jennings House LLC Delaware
CSE Kerrville LLC Delaware
CSE King L.P. Delaware
CSE Kingsport LLC Delaware
CSE Knightdale L.P. Delaware
CSE Lake City LLC Delaware
CSE Lake Worth LLC Delaware
CSE Lakewood LLC Delaware
CSE Las Vegas LLC Delaware
CSE Lawrenceburg LLC Delaware
CSE Lenoir L.P. Delaware
CSE Lexington Park LLC Delaware
CSE Lexington Park Realty LLC Delaware
CSE Ligonier LLC Delaware
CSE Live Oak LLC Delaware
CSE Lowell LLC Delaware
CSE Marianna Holdings LLC Delaware
CSE Memphis LLC Delaware
CSE Mobile LLC Delaware
CSE Moore LLC Delaware
CSE North Carolina Holdings I LLC Delaware
CSE North Carolina Holdings II LLC Delaware
CSE Omro LLC Delaware
CSE Orange Park LLC Delaware
CSE Orlando-Pinar Terrace Manor LLC Delaware
CSE Orlando-Terra Vista Rehab LLC Delaware
CSE Pennsylvania Holdings, LP Delaware
CSE Piggott LLC Delaware
CSE Pilot Point LLC Delaware
CSE Pine View LLC Delaware
CSE Ponca City LLC Delaware
CSE Port St. Lucie LLC Delaware
CSE Richmond LLC Delaware
CSE Ripley LLC Delaware
CSE Ripon LLC Delaware
CSE Safford LLC Delaware
CSE Salina LLC Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
CSE Seminole LLC Delaware
CSE Shawnee LLC Delaware
CSE Spring Branch LLC Delaware
CSE Stillwater LLC Delaware
CSE Taylorsville LLC Delaware
CSE Texarkana LLC Delaware
CSE Texas City LLC Delaware
CSE The Village LLC Delaware
CSE Upland LLC Delaware
CSE Walnut Cove L.P. Delaware
CSE West Point LLC Delaware
CSE Whitehouse LLC Delaware
CSE Williamsport LLC Delaware
CSE Winter Haven LLC Delaware
CSE Woodfin L.P. Delaware
CSE Yorktown LLC Delaware
Cuyahoga Falls Property, L.L.C. Delaware
Dallas Two Property, L.L.C. Delaware
Danbury ALF Property, L.L.C. Delaware
Darien ALF Property, L.L.C. Delaware
Denison Texas, L.L.C. Delaware
Desert Lane LLC Delaware
East Rollins Street, L.L.C. Delaware
Edgewood Drive Property, L.L.C. Delaware
Elite Mattoon, L.L.C. Delaware
Elite Yorkville, L.L.C. Delaware
Falcon Four Property Holding, L.L.C. Delaware
Falcon Four Property, L.L.C. Delaware
Falfurrias Texas, L.L.C. Delaware
Florida ALF Properties, L.L.C. Delaware
Florida Four Properties, L.L.C. Delaware
Fort Stockton Property, L.L.C. Delaware
Four Fountains Aviv, L.L.C. Delaware
Fredericksburg South Adams Street, L.L.C. Delaware
Freewater Oregon, L.L.C. Delaware
Fullerton California, L.L.C. Delaware
Gardnerville Property, L.L.C. Delaware
Germantown Property, L.L.C. Delaware
Giltex Care, L.L.C. Delaware
Glendale NH Property, L.L.C. Delaware
Gonzales Texas Property, L.L.C. Delaware
Great Bend Property, L.L.C. Delaware
Greenbough, LLC Delaware
Greenville Kentucky Property, L.L.C. Delaware
HHM Aviv, L.L.C. Delaware
Hidden Acres Property, L.L.C. Delaware
Highland Leasehold, L.L.C. Delaware
Hot Springs Atrium Owner, LLC Delaware
Hot Springs Aviv, L.L.C. Delaware
Hot Springs Cottages Owner, LLC Delaware
Hot Springs Marina Owner, LLC Delaware
Houston Texas Aviv, L.L.C. Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
Hutchinson Kansas, L.L.C. Delaware
Illinois Missouri Properties, L.L.C. Delaware
Iowa Lincoln County Property, L.L.C. Delaware
Jasper Springhill Street, L.L.C. Delaware
Kansas Five Property, L.L.C. Delaware
Karan Associates Two, L.L.C. Delaware
Karan Associates, L.L.C. Delaware
Karissa Court Property, L.L.C. Delaware
KB Northwest Associates, L.L.C. Delaware
Kentucky NH Properties, L.L.C. Delaware
Kingsville Texas, L.L.C. Delaware
LAD I Real Estate Company, LLC Delaware
Louisville Dutchmans Property, L.L.C. Delaware
Magnolia Drive Property, L.L.C. Delaware
Manor Associates, L.L.C. Delaware
Mansfield Aviv, L.L.C. Delaware
Massachusetts Nursing Homes, L.L.C. Delaware
McCarthy Street Property, L.L.C. Delaware
Minnesota Associates, L.L.C. Delaware
Mishawaka Property, L.L.C. Delaware
Missouri Associates, L.L.C. Delaware
Missouri Regency Associates, L.L.C. Delaware
Monterey Park Leasehold Mortgage, L.L.C. Delaware
Mount Washington Property, L.L.C. Delaware
Mt. Vernon Texas, L.L.C. Delaware
Murray County, L.L.C. Delaware
Muscatine Toledo Properties, L.L.C. Delaware
New Hope Property, L.L.C. Delaware
Newtown ALF Property, L.L.C. Delaware
Nicholasville Kentucky Property, L.L.C. Delaware
North Las Vegas LLC Delaware
North Royalton Ohio Property, L.L.C. Delaware
Norwalk ALF Property, L.L.C. Delaware
NRS Ventures, L.L.C. Delaware
Oakland Nursing Homes, L.L.C. Delaware
October Associates, L.L.C. Delaware
Ogden Associates, L.L.C. Delaware
OHI Asset (AR) Ash Flat, LLC Delaware
OHI Asset (AR) Camden, LLC Delaware
OHI Asset (AR) Conway, LLC Delaware
OHI Asset (AR) Des Arc, LLC Delaware
OHI Asset (AR) Hot Springs, LLC Delaware
OHI Asset (AR) Malvern, LLC Delaware
OHI Asset (AR) Mena, LLC Delaware
OHI Asset (AR) Pocahontas, LLC Delaware
OHI Asset (AR) Sheridan, LLC Delaware
OHI Asset (AR) Walnut Ridge, LLC Delaware
OHI Asset (AZ) Austin House, LLC Delaware
OHI Asset (CA), LLC Delaware
OHI Asset (CO), LLC Delaware
OHI Asset (CT) Lender, LLC Delaware
OHI Asset (FL) Eustis, LLC Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
OHI Asset (FL) Lake Placid, LLC Delaware
OHI Asset (FL) Lender, LLC Delaware
OHI Asset (FL) Lutz, LLC Delaware
OHI Asset (FL) Pensacola – Hillview, LLC Delaware
OHI Asset (FL), LLC Delaware
OHI Asset (GA) Macon, LLC Delaware
OHI Asset (GA) Moultrie, LLC Delaware
OHI Asset (GA) Snellville, LLC Delaware
OHI Asset (ID) Holly, LLC Delaware
OHI Asset (ID) Midland, LLC Delaware
OHI Asset (ID), LLC Delaware
OHI Asset (IL), LLC Delaware
OHI Asset (IN) American Village, LLC Delaware
OHI Asset (IN) Anderson, LLC Delaware
OHI Asset (IN) Beech Grove, LLC Delaware
OHI Asset (IN) Clarksville, LLC Delaware
OHI Asset (IN) Clinton, LLC Delaware
OHI Asset (IN) Connersville, LLC Delaware
OHI Asset (IN) Crown Point, LLC Delaware
OHI Asset (IN) Eagle Valley, LLC Delaware
OHI Asset (IN) Elkhart, LLC Delaware
OHI Asset (IN) Forest Creek, LLC Delaware
OHI Asset (IN) Fort Wayne, LLC Delaware
OHI Asset (IN) Franklin, LLC Delaware
OHI Asset (IN) Greensburg, LLC Delaware
OHI Asset (IN) Indianapolis, LLC Delaware
OHI Asset (IN) Jasper, LLC Delaware
OHI Asset (IN) Kokomo, LLC Delaware
OHI Asset (IN) Lafayette, LLC Delaware
OHI Asset (IN) Madison, LLC Delaware
OHI Asset (IN) Monticello, LLC Delaware
OHI Asset (IN) Noblesville, LLC Delaware
OHI Asset (IN) Rosewalk, LLC Delaware
OHI Asset (IN) Salem, LLC Delaware
OHI Asset (IN) Seymour, LLC Delaware
OHI Asset (IN) Spring Mill, LLC Delaware
OHI Asset (IN) Terre Haute, LLC Delaware
OHI Asset (IN) Wabash, LLC Delaware
OHI Asset (IN) Westfield, LLC Delaware
OHI Asset (IN) Zionsville, LLC Delaware
OHI Asset (LA), LLC Delaware
OHI Asset (MD), LLC Delaware
OHI Asset (MI) Heather Hills, LLC Delaware
OHI Asset (MI), LLC Delaware
OHI Asset (MO), LLC Delaware
OHI Asset (MS) Byhalia, LLC Delaware
OHI Asset (MS) Cleveland, LLC Delaware
OHI Asset (MS) Clinton, LLC Delaware
OHI Asset (MS) Columbia, LLC Delaware
OHI Asset (MS) Corinth, LLC Delaware
OHI Asset (MS) Greenwood, LLC Delaware
OHI Asset (MS) Grenada, LLC Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
OHI Asset (MS) Holly Springs, LLC Delaware
OHI Asset (MS) Indianola, LLC Delaware
OHI Asset (MS) Natchez, LLC Delaware
OHI Asset (MS) Picayune, LLC Delaware
OHI Asset (MS) Vicksburg, LLC Delaware
OHI Asset (MS) Yazoo City, LLC Delaware
OHI Asset (NC) Wadesboro, LLC Delaware
OHI Asset (OH) Lender, LLC Delaware
OHI Asset (OH), LLC Delaware
OHI Asset (OR) Portland, LLC Delaware
OHI Asset (OR) Troutdale, LLC Delaware
OHI Asset (PA) GP, LLC Delaware
OHI Asset (PA) West Mifflin, LP Delaware
OHI Asset (PA), LLC Delaware
OHI Asset (SC) Aiken, LLC Delaware
OHI Asset (SC) Anderson, LLC Delaware
OHI Asset (SC) Easley Anne, LLC Delaware
OHI Asset (SC) Easley Crestview, LLC Delaware
OHI Asset (SC) Edgefield, LLC Delaware
OHI Asset (SC) Greenville Griffith, LLC Delaware
OHI Asset (SC) Greenville Laurens, LLC Delaware
OHI Asset (SC) Greenville North, LLC Delaware
   
OHI Asset (SC) Greenville, LLC Delaware
OHI Asset (SC) Greer, LLC Delaware
OHI Asset (SC) Marietta, LLC Delaware
OHI Asset (SC) McCormick, LLC Delaware
OHI Asset (SC) Orangeburg, LLC Delaware
OHI Asset (SC) Pickens East Cedar, LLC Delaware
OHI Asset (SC) Pickens Rosemond, LLC Delaware
OHI Asset (SC) Piedmont, LLC Delaware
OHI Asset (SC) Simpsonville SE Main, LLC Delaware
OHI Asset (SC) Simpsonville West Broad, LLC Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC Delaware
OHI Asset (TN) Bartlett, LLC Delaware
OHI Asset (TN) Collierville, LLC Delaware
OHI Asset (TN) Jefferson City, LLC Delaware
OHI Asset (TN) Memphis, LLC Delaware
OHI Asset (TN) Rogersville, LLC Delaware
OHI Asset (TX) Anderson, LLC Delaware
OHI Asset (TX) Bryan, LLC Delaware
OHI Asset (TX) Burleson, LLC Delaware
OHI Asset (TX) College Station, LLC Delaware
OHI Asset (TX) Comfort, LLC Delaware
OHI Asset (TX) Diboll, LLC Delaware
OHI Asset (TX) Granbury, LLC Delaware
OHI Asset (TX) Hondo, LLC Delaware
OHI Asset (TX) Italy, LLC Delaware
OHI Asset (TX) Winnsboro, LLC Delaware
OHI Asset (TX), LLC Delaware
OHI Asset (UT) Ogden, LLC Delaware
OHI Asset (UT) Provo, LLC Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
OHI Asset (UT) Roy, LLC Delaware
OHI Asset (VA) Charlottesville, LLC Delaware
OHI Asset (VA) Farmville, LLC Delaware
OHI Asset (VA) Hillsville, LLC Delaware
OHI Asset (VA) Martinsville SNF, LLC Delaware
OHI Asset (VA) Rocky Mount, LLC Delaware
OHI Asset (WA) Battle Ground, LLC Delaware
OHI Asset (WA) Fort Vancouver, LLC Delaware
OHI Asset (WV) Danville, LLC Delaware
OHI Asset (WV) Ivydale, LLC Delaware
OHI Asset CHG ALF, LLC Delaware
OHI Asset CSB LLC Delaware
OHI Asset CSE – E, LLC Delaware
OHI Asset CSE – U, LLC Delaware
OHI Asset CSE–E Subsidiary, LLC Delaware
OHI Asset CSE–U Subsidiary, LLC Delaware
OHI Asset HUD CFG, LLC Delaware
OHI Asset HUD Delta, LLC Delaware
OHI Asset HUD SF CA, LLC Delaware
OHI Asset HUD SF, LLC Delaware
OHI Asset HUD WO, LLC Delaware
OHI Asset II (CA), LLC Delaware
OHI Asset II (FL), LLC Delaware
OHI Asset Management, LLC Delaware
OHI Asset RO PMM Services, LLC Delaware
OHI Asset RO, LLC Delaware
OHI Asset, LLC Delaware
OHI Healthcare Properties Holdco, Inc. Delaware
OHI Healthcare Properties Limited Partnership Delaware
OHI Mezz Lender, LLC Delaware
Ohio Aviv Three, L.L.C. Delaware
Ohio Aviv Two, L.L.C. Delaware
Ohio Aviv, L.L.C. Delaware
Ohio Indiana Property, L.L.C. Delaware
Ohio Pennsylvania Property, L.L.C. Delaware
Oklahoma Two Property, L.L.C. Delaware
Oklahoma Warr Wind, L.L.C. Delaware
Omaha Associates, L.L.C. Delaware
Orange ALF Property, L.L.C. Delaware
Oregon Associates, L.L.C. Delaware
Oso Avenue Property, L.L.C. Delaware
Ostrom Avenue Property, L.L.C. Delaware
Panama City Nursing Center LLC Delaware
Peabody Associates Two, L.L.C. Delaware
Peabody Associates, L.L.C. Delaware
Pennington Road Property, L.L.C. Delaware
Pocatello Idaho Property, L.L.C. Delaware
Prescott Arkansas, L.L.C. Delaware
Ravenna Ohio Property, L.L.C. Delaware
Richland Washington, L.L.C. Delaware
Riverside Nursing Home Associates Two, L.L.C. Delaware
Riverside Nursing Home Associates, L.L.C. Delaware

 

     

 

 

Subsidiary Jurisdiction of Formation
Rockingham Drive Property, L.L.C. Delaware
S.C. Portfolio Property, L.L.C.    Delaware
Salem Associates, L.L.C. Delaware
San Juan NH Property, LLC Delaware
Sandalwood Arkansas Property, L.L.C. Delaware
Savoy/Bonham Venture, L.L.C. Delaware
Searcy Aviv, L.L.C. Delaware
Sedgwick Properties, L.L.C. Delaware
Seguin Texas Property, L.L.C. Delaware
Sierra Ponds Property, L.L.C. Delaware
Skyler Maitland LLC Delaware
Skyview Associates, L.L.C. Delaware
Southeast Missouri Property, L.L.C. Delaware
Southern California Nevada, L.L.C. Delaware
St. Joseph Missouri Property, L.L.C. Delaware
Star City Arkansas, L.L.C. Delaware
Stephenville Texas Property, L.L.C. Delaware
Stevens Avenue Property, L.L.C. Delaware
Suwanee, LLC Delaware
Texas Fifteen Property, L.L.C. Delaware
Texas Four Property, L.L.C. Delaware
Texhoma Avenue Property, L.L.C. Delaware
Tujunga, L.L.C. Delaware
Tulare County Property, L.L.C. Delaware
VRB Aviv, L.L.C. Delaware
Washington Idaho Property, L.L.C. Delaware
Wellington Leasehold, L.L.C. Delaware
West Pearl Street, L.L.C. Delaware
West Yarmouth Property I, L.L.C. Delaware
Westerville Ohio Office Property, L.L.C. Delaware
Whitlock Street Property, L.L.C. Delaware
Willis Texas Aviv, L.L.C. Delaware
Yuba Aviv, L.L.C. Delaware
Florida Real Estate Company, LLC Florida
Pensacola Real Estate Holdings I, LLC Florida
Pensacola Real Estate Holdings II, LLC Florida
Pensacola Real Estate Holdings III, LLC Florida
Pensacola Real Estate Holdings IV, LLC Florida
Pensacola Real Estate Holdings V, LLC Florida
Skyler Pensacola, LLC Florida
Chippewa Valley, L.L.C. Illinois
Commerce Nursing Homes, L.L.C. Illinois
Effingham Associates, L.L.C. Illinois
Heritage Monterey Associates, L.L.C. Illinois
Hobbs Associates, L.L.C. Illinois
Idaho Associates, L.L.C. Illinois
Montana Associates, L.L.C. Illinois
OHI (Illinois), LLC Illinois
Orange, L.L.C. Illinois
Pomona Vista L.L.C. Illinois
Red Rocks, L.L.C. Illinois
Rose Baldwin Park Property L.L.C. Illinois

 

     

 

 

Subsidiary Jurisdiction of Formation
Santa Ana-Bartlett, L.L.C. Illinois
Santa Fe Missouri Associates, L.L.C. Illinois
Sun-Mesa Properties, L.L.C. Illinois
Washington-Oregon Associates, L.L.C. Illinois
Watauga Associates, L.L.C. Illinois
OHI (Indiana), LLC Indiana
OHI (Iowa), LLC Iowa
Sterling Acquisition, LLC Kentucky
48 High Point Road, LLC Maryland
Arizona Lessor – Infinia, LLC Maryland
Bayside Street, LLC Maryland
Colorado Lessor - Conifer, LLC Maryland
Delta Investors I, LLC Maryland
Delta Investors II, LLC Maryland
Florida Lessor – Meadowview, LLC Maryland
Georgia Lessor - Bonterra/Parkview, LLC Maryland
Indiana Lessor – Wellington Manor, LLC Maryland
OHI Asset (PA), LP Maryland
OHI Asset II (PA), LP Maryland
OHI Asset III (PA), LP Maryland
OHI Asset IV (PA) Silver Lake, LP Maryland
OHI Tennessee, LLC Maryland
Omega Healthcare Investors, Inc. Maryland
Omega TRS I, Inc. Maryland
PV Realty–Willow Tree, LLC Maryland
Texas Lessor – Stonegate GP, LLC Maryland
Texas Lessor – Stonegate, Limited, LLC Maryland
Texas Lessor – Stonegate, LP Maryland
Washington Lessor – Silverdale, LLC Maryland
OHIMA, LLC Massachusetts
1200 Ely Street Holdings Co. LLC Michigan
42235 County Road Holdings Co. LLC Michigan
Dixie White House Nursing Home, LLC Mississippi
Ocean Springs Nursing Home, LLC Mississippi
Skyler Boyington, LLC Mississippi
Skyler Florida, LLC Mississippi
Alamogordo Aviv, L.L.C. New Mexico
Clayton Associates, L.L.C. New Mexico
N.M. Bloomfield Three Plus One Limited Company New Mexico
N.M. Espanola Three Plus One Limited Company New Mexico
N.M. Lordsburg Three Plus One Limited Company New Mexico
N.M. Silver City Three Plus One Limited Company New Mexico
Raton Property Limited Company New Mexico
Canton Health Care Land, LLC Ohio
Colonial Gardens, LLC Ohio
Dixon Health Care Center, LLC Ohio
Hutton I Land, LLC Ohio
Hutton II Land, LLC Ohio
Hutton III Land, LLC Ohio
Leatherman 90-1, LLC Ohio
Leatherman Partnership 89-1, LLC Ohio
Leatherman Partnership 89-2, LLC Ohio

 

     

 

 

Subsidiary Jurisdiction of Formation
Meridian Arms Land, LLC Ohio
Orange Village Care Center, LLC Ohio
St. Mary’s Properties, LLC Ohio
The Suburban Pavilion, LLC Ohio
Wilcare, LLC Ohio
Bala Cynwyd Real Estate, LP Pennsylvania
Pavillion North Partners, LLC Pennsylvania
Pavillion North, LLP Pennsylvania
Pavillion Nursing Center North, LLC Pennsylvania
Wheeler Healthcare Associates, L.L.C. Texas

 

     

 

 

Exhibit 5.8

 

 

 

 

 

 

 

 

 

Calder Plaza Building

250 Monroe Avenue NW, Suite 800

P.O. Box 306

Grand Rapids, MI 49501-0306

616.831.1700

616.831.1701 fax

-

Kalamazoo, Michigan 269.226.2950

-

www.millerjohnson.com

 

 

 

 

Jon G. March

Peter J. Kok

Robert D. Brower

J. Michael Smith

Christopher L. Edgar

James C. Bruinsma

Craig A. Mutch

Michael B. Quinn

Jeffrey S. Ammon

Thomas R. Wurst

David J. Gass

J. Scott Timmer

William H. Fallon

Robert J. Christians

Craig H. Lubben

Michael J. Taylor

Cynthia P. Ortega

Mark E. Rizik

John T. Piggins

Alan C. Schwartz

Catherine C. Metzler

Daniel P. Perk

Mary V. Bauman

Kenneth G. Hofman

Stephen R. Ryan

Frank E. Berrodin

Lauretta K. Murphy

Peter H. Peterson

Joseph H. Doele

David M. Buday

James R. Peterson

Karen J. Custer

Jeffrey J. Fraser

Matthew L. Vicari

Gary A. Chamberlin

Julie A. Sullivan

John F. Koryto

Connie R. Thacker

Tony Comden

D. Andrew Portinga

Richard E. Hillary II

Thomas S. Baker

Nathan D. Plantinga

Sarah K. Willey

Maxwell N. Barnes

Michael E. Stroster

Rachel J. Foster

Mark S. Pendery

Mary L. Tabin

Robert W. O’Brien

Jeffrey G. Muth

Wendy Parr Holtvluwer

John T. McFarland

Salvatore W. Pirrotta

Robert D. Wolford

Marcus W. Campbell

Catherine A. Tracey

Eric R. Starck

Daniel R. Olson

Rebecca L. Strauss

Keith E. Eastland

Gregory P. Ripple

Kelley E. Stoppels

Sara G. Lachman

Marcia Bennett Boyce

Joseph J. Gavin

Raj A. Malviya

Mark S. Wilkinson

Timothy C. Gutwald

Dustin J. Daniels

                       

Richard J. Puhek

Melissa Neckers

Matthew K. Bishop

Rachel L. Hillegonds

Andrew D. Oostema

Kathleen Hogan Aguilar

Sara A. Nicholson

Neil D. Williams

Neil J. Marchand

Patrick M. Edsenga

Chris M. Schlegel

Aliyya Clement Rizley

C.J. Schneider

Jason M. Crow

Stephen J. van Stempvoort

Justin M. Bratt

Tripp W. VanderWal

Patrick M. Jaicomo

Ryan P. Duffy

Andrew A. Cascini

Katerina M. Vujea

Brittany R. Harden

Matthew M. O’Rourke

Kevin D. Battle

                       

Of Counsel

J. Lee Murphy

Boyd A. Henderson

Bert J. Fortuna, Jr.

Brent D. Rector

Robert W. Scott

Glen V. Borre

                       

Robert J. Miller

(1916 -1982)

Robert A. Johnson

(1910 - 1976)

Arthur R. Snell

(1916 - 1995)

John W. Cummiskey

(1917 - 2002)

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have acted as special Michigan counsel to 42235 County Road Holdings Co. LLC, a Michigan limited liability company (“42235 County Road”), and 1200 Ely Street Holdings Co. LLC, a Michigan limited liability company (“1200 Ely Street” and, together with 42235 County Road, the “Michigan Guarantors”), each a direct or indirect subsidiary of Omega Healthcare Investors, Inc., a Maryland corporation (the “Parent”), in connection with the Registration Statement on Form S-4 (the “Registration Statement”) filed by the Parent and the subsidiary guarantors listed on Schedule I hereto (the “Subsidiary Guarantors”) with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Act”), relating to the offer by the Parent (the “Exchange Offer”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “Exchange Notes”) for an equal aggregate principal amount of its existing 4.500% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “Initial Notes”), under the indenture dated as of September 23, 2015 (the “Original Indenture”), among the Parent, the Subsidiary Guarantors party thereto and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by that certain First Supplemental Indenture dated as of November 9, 2015 (the “Supplemental Indenture” and, together with the Original Indenture, the “Indenture”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

     

 

 

 

Miller Johnson  
   
November 12, 2015  
Page 2  
   

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation, preparation or execution of any of the other Transaction Documents (as defined below), or any of the related agreements executed or delivered in connection therewith. We have been retained solely for the purpose of rendering certain opinions pursuant to Michigan law.

 

In connection herewith, we have examined:

 

1.          the Registration Statement in the form to be filed with the Commission as of the date hereof;

 

2.          an executed copy of the Original Indenture, including the form of guarantee of the Notes (each, a “Guarantee”) provided for therein;

 

3.          an executed copy of the Supplemental Indenture;

 

4.          an executed copy of the Initial Notes and the notation of Subsidiary Guarantee endorsed thereon;

 

5.          the form of the Exchange Notes attached as Exhibit A to the Original Indenture;

 

6.          the form of notation of Subsidiary Guarantee to be endorsed on the Exchange Notes attached as Exhibit E to the Original Indenture;

 

7.          the Articles of Organization of 42235 County Road as certified by the Secretary of State of the State of Michigan as of August 13, 2015;

 

8.          the Limited Liability Company Agreement, as amended, of 42235 County Road, as in effect on the date hereof and as certified by the Secretary of the Michigan Guarantors;

 

9.          the Articles of Organization of 1200 Ely Road as certified by the Secretary of State of the State of Michigan as of August 13, 2015;

 

10.         the Amended and Restated Operating Agreement, as amended, of 1200 Ely Road, as in effect on the date hereof and as certified by the Secretary of the Michigan Guarantors;

 

     

 

 

Miller Johnson  
   
November 12, 2015  
Page 3  
   

 

11.         a Certificate of Good Standing from the Michigan Department of Licensing and Regulatory Affairs dated November 5, 2015 with respect to each of the Michigan Guarantors;

 

12.         a certificate of the Secretary of the Michigan Guarantors dated as of the date hereof (the “Secretary Certificate”); and

 

13.         certain resolutions adopted by the sole director or an officer of the sole member of each of the Michigan Guarantors on September 16, 2015 relating to the transactions referred to herein, as certified by the Secretary of the Michigan Guarantors.

 

The documents referenced as items (1) through (6) above are collectively referred to as the “Transaction Documents.”

 

For purposes of this opinion letter, we have not reviewed any documents other than the foregoing. In particular, we have not reviewed any document that is referred to in or incorporated by reference into the Indenture (other than the Initial Notes, the form of Exchange Notes and the form of notation of Subsidiary Guarantee). We have assumed that there exists no provision in any document that we have not reviewed that bears upon or is inconsistent with the opinion stated herein. We have conducted no independent factual investigation of our own but rather have relied solely upon the foregoing documents, the statements and information set forth therein and the additional matters recited or assumed herein, all of which we have assumed to be true, complete and accurate in all material respects.

 

In our examination of the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“EDGAR”) or other sources maintained by a court or government authority or regulatory body, and the authenticity of the originals or such latter documents. If any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. As to matters of fact material to our opinion, we have relied, without independent investigation, upon the representations contained in the Transaction Documents and on statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Michigan Guarantors.

 

     

 

 

Miller Johnson  
   
November 12, 2015  
Page 4  
   

 

In connection herewith, we have assumed that, other than with respect to the Michigan Guarantors, all of the Transaction Documents have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents. We have also assumed, with your permission, that the Trustee has duly authenticated the Initial Notes.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement as finally amended (including all pre- and post-effective amendments) has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and duly authenticated and delivered by the Trustee in accordance with the provisions of the Indenture and issued in exchange for the Initial Notes and the notations of Subsidiary Guarantee (in the form examined by us) have been duly executed by the Michigan Guarantors, each in accordance with the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee provided for in the Indenture by each of the Michigan Guarantors with respect to the Exchange Notes will constitute a valid and binding obligation of such Michigan Guarantor.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

a.           Our opinion herein reflects only the application of applicable Michigan law (excluding the securities and blue sky laws of such State) that we, based on our experience, recognize as applicable to the Michigan Guarantors in a transaction of the type contemplated by the Indenture. We express no opinion as to the effect of the laws of any other jurisdiction, including federal laws and rules and regulations relating thereto. We note that the Guarantee and the Indenture are to be governed by and are to be construed and enforced in accordance with the substantive laws of the State of New York. However, in rendering the opinions expressed herein, we have assumed, with your permission, that the substantive laws of the State of Michigan would apply.

 

b.           We express no opinion as to the enforceability of the Exchange Notes.

 

     

 

 

Miller Johnson  
   
November 12, 2015  
Page 5  
   

 

c.           The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

d.           Our opinion contained herein is subject to the effect of any (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law), (iii) implied covenant of good faith and fair dealing, and (iv) securities laws and public policy underlying such laws with respect to rights to indemnification and contribution.

 

e.           Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

f.            We express no opinion as to the enforceability of (1) any provision of the Indenture purporting or attempting to (A) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (B) confer subject matter jurisdiction on a court not having independent grounds therefor, (C) modify or waive the requirements for effective service of process for any action that may be brought, (D) waive the right of the Company or any other person to a trial by jury, (E) provide that remedies are cumulative or that decisions by a party are conclusive or (F) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (2) any provision of the Indenture relating to choice of law.

 

     

 

 

Miller Johnson  
   
November 12, 2015  
Page 6  
   

 

g.           We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

h.           We express no opinion as to (i) the authorizations, approvals or consents that may be necessary under federal or state securities and “blue sky” laws (including without limitation, Michigan securities and “blue sky” laws) in connection with the transactions contemplated by the Transaction Documents or (ii) the qualification of the Indenture under federal or state securities laws, including without limitation the Trust Indenture Act of 1939, as amended.

 

We do not render any opinions except as set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name under the caption “Legal Matters” in the prospectus filed as a part thereof. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Sincerely,
   
  Miller Johnson
     
  By: /s/ Maxwell N. Barnes
    Maxwell N. Barnes

 

MNB:jao

Enclosure

 

     

 

 

Schedule I

 

Guarantors

 

Entity Name   State or other jurisdiction
of formation
Encanto Senior Care, LLC   Arizona
G&L Gardens, LLC   Arizona
Palm Valley Senior Care, LLC   Arizona
Ridgecrest Senior Care, LLC   Arizona
11900 East Artesia Boulevard, LLC   California
13922 Cerise Avenue, LLC   California
1628 B Street, LLC   California
2400 Parkside Drive, LLC   California
245 East Wilshire Avenue, LLC   California
3232 Artesia Real Estate, LLC   California
3806 Clayton Road, LLC   California
523 Hayes Lane, LLC   California
637 East Romie Lane, LLC   California
Golden Hill Real Estate Company, LLC   California
2425 Teller Avenue, LLC   Colorado
Bayside Colorado Healthcare Associates, LLC   Colorado
OHI (Connecticut), LLC   Connecticut
446 Sycamore Road, L.L.C.   Delaware
Albany Street Property, L.L.C.   Delaware
Arkansas Aviv, L.L.C.   Delaware
Arma Yates, L.L.C.   Delaware
Avery Street Property, L.L.C   Delaware
Aviv Asset Management, L.L.C.   Delaware
Aviv Financing I, L.L.C.   Delaware
Aviv Financing II, L.L.C.   Delaware
Aviv Financing III, L.L.C.   Delaware
Aviv Financing IV, L.L.C.   Delaware
Aviv Financing V, L.L.C.   Delaware
Aviv Foothills, L.L.C.   Delaware
Aviv Healthcare Capital Corporation   Delaware
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware
Aviv Liberty, L.L.C.   Delaware
Avon Ohio, L.L.C.   Delaware
Bayside Street II, LLC   Delaware
Belleville Illinois, L.L.C.   Delaware
Bellingham II Associates, L.L.C.   Delaware
Bethel ALF Property, L.L.C.   Delaware
BHG Aviv, L.L.C.   Delaware
Biglerville Road, L.L.C.   Delaware
Bonham Texas, L.L.C.   Delaware
Bradenton ALF Property, L.L.C.   Delaware
Burton NH Property, L.L.C.   Delaware
California Aviv Two, L.L.C.   Delaware
California Aviv, L.L.C.   Delaware
Camas Associates, L.L.C.   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
Carnegie Gardens LLC   Delaware
Casa/Sierra California Associates, L.L.C.   Delaware
CFG 2115 Woodstock Place LLC   Delaware
Champaign Williamson Franklin, L.L.C.   Delaware
Chardon Ohio Property Holdings, L.L.C.   Delaware
Chardon Ohio Property, L.L.C.   Delaware
Chatham Aviv, L.L.C.   Delaware
CHR Bartow LLC   Delaware
CHR Boca Raton LLC   Delaware
CHR Bradenton LLC   Delaware
CHR Cape Coral LLC   Delaware
CHR Fort Myers LLC   Delaware
CHR Fort Walton Beach LLC   Delaware
CHR Lake Wales LLC   Delaware
CHR Lakeland LLC   Delaware
CHR Pompano Beach Broward LLC   Delaware
CHR Pompano Beach LLC   Delaware
CHR Sanford LLC   Delaware
CHR Spring Hill LLC   Delaware
CHR St. Pete Bay LLC   Delaware
CHR St. Pete Egret LLC   Delaware
CHR Tampa Carrollwood LLC   Delaware
CHR Tampa LLC   Delaware
CHR Tarpon Springs LLC   Delaware
CHR Titusville LLC   Delaware
Clarkston Care, L.L.C.   Delaware
Colonial Madison Associates, L.L.C.   Delaware
Columbus Texas Aviv, L.L.C.   Delaware
Columbus Western Avenue, L.L.C.   Delaware
Colville Washington Property, L.L.C.   Delaware
Commerce Sterling Hart Drive, L.L.C.   Delaware
Conroe Rigby Owen Road, L.L.C.   Delaware
CR Aviv, L.L.C.   Delaware
Crete Plus Five Property, L.L.C.   Delaware
Crooked River Road, L.L.C.   Delaware
CSE Albany LLC   Delaware
CSE Amarillo LLC   Delaware
CSE Arden L.P.   Delaware
CSE Augusta LLC   Delaware
CSE Bedford LLC   Delaware
CSE Blountville LLC   Delaware
CSE Bolivar LLC   Delaware
CSE Cambridge LLC   Delaware
CSE Cambridge Realty LLC   Delaware
CSE Camden LLC   Delaware
CSE Canton LLC   Delaware
CSE Casablanca Holdings II LLC   Delaware
CSE Casablanca Holdings LLC   Delaware
CSE Cedar Rapids LLC   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
CSE Centennial Village, LP   Delaware
CSE Chelmsford LLC   Delaware
CSE Chesterton LLC   Delaware
CSE Claremont LLC   Delaware
CSE Corpus North LLC   Delaware
CSE Denver Iliff LLC   Delaware
CSE Denver LLC   Delaware
CSE Douglas LLC   Delaware
CSE Elkton LLC   Delaware
CSE Elkton Realty LLC   Delaware
CSE Fairhaven LLC   Delaware
CSE Fort Wayne LLC   Delaware
CSE Frankston LLC   Delaware
CSE Georgetown LLC   Delaware
CSE Green Bay LLC   Delaware
CSE Hilliard LLC   Delaware
CSE Huntingdon LLC   Delaware
CSE Huntsville LLC   Delaware
CSE Indianapolis-Continental LLC   Delaware
CSE Indianapolis-Greenbriar LLC   Delaware
CSE Jacinto City LLC   Delaware
CSE Jefferson City LLC   Delaware
CSE Jeffersonville-Hillcrest Center LLC   Delaware
CSE Jeffersonville-Jennings House LLC   Delaware
CSE Kerrville LLC   Delaware
CSE King L.P.   Delaware
CSE Kingsport LLC   Delaware
CSE Knightdale L.P.   Delaware
CSE Lake City LLC   Delaware
CSE Lake Worth LLC   Delaware
CSE Lakewood LLC   Delaware
CSE Las Vegas LLC   Delaware
CSE Lawrenceburg LLC   Delaware
CSE Lenoir L.P.   Delaware
CSE Lexington Park LLC   Delaware
CSE Lexington Park Realty LLC   Delaware
CSE Ligonier LLC   Delaware
CSE Live Oak LLC   Delaware
CSE Lowell LLC   Delaware
CSE Marianna Holdings LLC   Delaware
CSE Memphis LLC   Delaware
CSE Mobile LLC   Delaware
CSE Moore LLC   Delaware
CSE North Carolina Holdings I LLC   Delaware
CSE North Carolina Holdings II LLC   Delaware
CSE Omro LLC   Delaware
CSE Orange Park LLC   Delaware
CSE Orlando-Pinar Terrace Manor LLC   Delaware
CSE Orlando-Terra Vista Rehab LLC   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
CSE Pennsylvania Holdings, LP   Delaware
CSE Piggott LLC   Delaware
CSE Pilot Point LLC   Delaware
CSE Pine View LLC   Delaware
CSE Ponca City LLC   Delaware
CSE Port St. Lucie LLC   Delaware
CSE Richmond LLC   Delaware
CSE Ripley LLC   Delaware
CSE Ripon LLC   Delaware
CSE Safford LLC   Delaware
CSE Salina LLC   Delaware
CSE Seminole LLC   Delaware
CSE Shawnee LLC   Delaware
CSE Spring Branch LLC   Delaware
CSE Stillwater LLC   Delaware
CSE Taylorsville LLC   Delaware
CSE Texarkana LLC   Delaware
CSE Texas City LLC   Delaware
CSE The Village LLC   Delaware
CSE Upland LLC   Delaware
CSE Walnut Cove L.P.   Delaware
CSE West Point LLC   Delaware
CSE Whitehouse LLC   Delaware
CSE Williamsport LLC   Delaware
CSE Winter Haven LLC   Delaware
CSE Woodfin L.P.   Delaware
CSE Yorktown LLC   Delaware
Cuyahoga Falls Property, L.L.C.   Delaware
Dallas Two Property, L.L.C.   Delaware
Danbury ALF Property, L.L.C.   Delaware
Darien ALF Property, L.L.C.   Delaware
Denison Texas, L.L.C.   Delaware
Desert Lane LLC   Delaware
East Rollins Street, L.L.C.   Delaware
Edgewood Drive Property, L.L.C.   Delaware
Elite Mattoon, L.L.C.   Delaware
Elite Yorkville, L.L.C.   Delaware
Falcon Four Property Holding, L.L.C.   Delaware
Falcon Four Property, L.L.C.   Delaware
Falfurrias Texas, L.L.C.   Delaware
Florida ALF Properties, L.L.C.   Delaware
Florida Four Properties, L.L.C.   Delaware
Fort Stockton Property, L.L.C.   Delaware
Four Fountains Aviv, L.L.C.   Delaware
Fredericksburg South Adams Street, L.L.C.   Delaware
Freewater Oregon, L.L.C.   Delaware
Fullerton California, L.L.C.   Delaware
Gardnerville Property, L.L.C.   Delaware
Germantown Property, L.L.C.   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
Giltex Care, L.L.C.   Delaware
Glendale NH Property, L.L.C.   Delaware
Gonzales Texas Property, L.L.C.   Delaware
Great Bend Property, L.L.C.   Delaware
Greenbough, LLC   Delaware
Greenville Kentucky Property, L.L.C.   Delaware
HHM Aviv, L.L.C.   Delaware
Hidden Acres Property, L.L.C.   Delaware
Highland Leasehold, L.L.C.   Delaware
Hot Springs Atrium Owner, LLC   Delaware
Hot Springs Aviv, L.L.C.   Delaware
Hot Springs Cottages Owner, LLC   Delaware
Hot Springs Marina Owner, LLC   Delaware
Houston Texas Aviv, L.L.C.   Delaware
Hutchinson Kansas, L.L.C.   Delaware
Illinois Missouri Properties, L.L.C.   Delaware
Iowa Lincoln County Property, L.L.C.   Delaware
Jasper Springhill Street, L.L.C.   Delaware
Kansas Five Property, L.L.C.   Delaware
Karan Associates Two, L.L.C.   Delaware
Karan Associates, L.L.C.   Delaware
Karissa Court Property, L.L.C.   Delaware
KB Northwest Associates, L.L.C.   Delaware
Kentucky NH Properties, L.L.C.   Delaware
Kingsville Texas, L.L.C.   Delaware
LAD I Real Estate Company, LLC   Delaware
Louisville Dutchmans Property, L.L.C.   Delaware
Magnolia Drive Property, L.L.C.   Delaware
Manor Associates, L.L.C.   Delaware
Mansfield Aviv, L.L.C.   Delaware
Massachusetts Nursing Homes, L.L.C.   Delaware
McCarthy Street Property, L.L.C.   Delaware
Minnesota Associates, L.L.C.   Delaware
Mishawaka Property, L.L.C.   Delaware
Missouri Associates, L.L.C.   Delaware
Missouri Regency Associates, L.L.C.   Delaware
Monterey Park Leasehold Mortgage, L.L.C.   Delaware
Mount Washington Property, L.L.C.   Delaware
Mt. Vernon Texas, L.L.C.   Delaware
Murray County, L.L.C.   Delaware
Muscatine Toledo Properties, L.L.C.   Delaware
New Hope Property, L.L.C.   Delaware
Newtown ALF Property, L.L.C.   Delaware
Nicholasville Kentucky Property, L.L.C.   Delaware
North Las Vegas LLC   Delaware
North Royalton Ohio Property, L.L.C.   Delaware
Norwalk ALF Property, L.L.C.   Delaware
NRS Ventures, L.L.C.   Delaware
Oakland Nursing Homes, L.L.C.   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
October Associates, L.L.C.   Delaware
Ogden Associates, L.L.C.   Delaware
OHI Asset (AR) Ash Flat, LLC   Delaware
OHI Asset (AR) Camden, LLC   Delaware
OHI Asset (AR) Conway, LLC   Delaware
OHI Asset (AR) Des Arc, LLC   Delaware
OHI Asset (AR) Hot Springs, LLC   Delaware
OHI Asset (AR) Malvern, LLC   Delaware
OHI Asset (AR) Mena, LLC   Delaware
OHI Asset (AR) Pocahontas, LLC   Delaware
OHI Asset (AR) Sheridan, LLC   Delaware
OHI Asset (AR) Walnut Ridge, LLC   Delaware
OHI Asset (AZ) Austin House, LLC   Delaware
OHI Asset (CA), LLC   Delaware
OHI Asset (CO), LLC   Delaware
OHI Asset (CT) Lender, LLC   Delaware
OHI Asset (FL) Eustis, LLC   Delaware
OHI Asset (FL) Lake Placid, LLC   Delaware
OHI Asset (FL) Lender, LLC   Delaware
OHI Asset (FL) Lutz, LLC   Delaware
OHI Asset (FL) Pensacola – Hillview, LLC   Delaware
OHI Asset (FL), LLC   Delaware
OHI Asset (GA) Dunwoody, LLC   Delaware
OHI Asset (GA) Macon, LLC   Delaware
OHI Asset (GA) Moultrie, LLC   Delaware
OHI Asset (GA) Roswell, LLC   Delaware
OHI Asset (GA) Snellville, LLC   Delaware
OHI Asset (ID) Holly, LLC   Delaware
OHI Asset (ID) Midland, LLC   Delaware
OHI Asset (ID), LLC   Delaware
OHI Asset (IL), LLC   Delaware
OHI Asset (IN) American Village, LLC   Delaware
OHI Asset (IN) Anderson, LLC   Delaware
OHI Asset (IN) Beech Grove, LLC   Delaware
OHI Asset (IN) Clarksville, LLC   Delaware
OHI Asset (IN) Clinton, LLC   Delaware
OHI Asset (IN) Connersville, LLC   Delaware
OHI Asset (IN) Crown Point, LLC   Delaware
OHI Asset (IN) Eagle Valley, LLC   Delaware
OHI Asset (IN) Elkhart, LLC   Delaware
OHI Asset (IN) Forest Creek, LLC   Delaware
OHI Asset (IN) Fort Wayne, LLC   Delaware
OHI Asset (IN) Franklin, LLC   Delaware
OHI Asset (IN) Greensburg, LLC   Delaware
OHI Asset (IN) Indianapolis, LLC   Delaware
OHI Asset (IN) Jasper, LLC   Delaware
OHI Asset (IN) Kokomo, LLC   Delaware
OHI Asset (IN) Lafayette, LLC   Delaware
OHI Asset (IN) Madison, LLC   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset (IN) Monticello, LLC   Delaware
OHI Asset (IN) Noblesville, LLC   Delaware
OHI Asset (IN) Rosewalk, LLC   Delaware
OHI Asset (IN) Salem, LLC   Delaware
OHI Asset (IN) Seymour, LLC   Delaware
OHI Asset (IN) Spring Mill, LLC   Delaware
OHI Asset (IN) Terre Haute, LLC   Delaware
OHI Asset (IN) Wabash, LLC   Delaware
OHI Asset (IN) Westfield, LLC   Delaware
OHI Asset (IN) Zionsville, LLC   Delaware
OHI Asset (LA) Baton Rouge, LLC   Delaware
OHI Asset (LA), LLC   Delaware
OHI Asset (MD), LLC   Delaware
OHI Asset (MI) Heather Hills, LLC   Delaware
OHI Asset (MI), LLC   Delaware
OHI Asset (MO), LLC   Delaware
OHI Asset (MS) Byhalia, LLC   Delaware
OHI Asset (MS) Cleveland, LLC   Delaware
OHI Asset (MS) Clinton, LLC   Delaware
OHI Asset (MS) Columbia, LLC   Delaware
OHI Asset (MS) Corinth, LLC   Delaware
OHI Asset (MS) Greenwood, LLC   Delaware
OHI Asset (MS) Grenada, LLC   Delaware
OHI Asset (MS) Holly Springs, LLC   Delaware
OHI Asset (MS) Indianola, LLC   Delaware
OHI Asset (MS) Natchez, LLC   Delaware
OHI Asset (MS) Picayune, LLC   Delaware
OHI Asset (MS) Vicksburg, LLC   Delaware
OHI Asset (MS) Yazoo City, LLC   Delaware
OHI Asset (NC) Wadesboro, LLC   Delaware
OHI Asset (NY) 2nd Avenue, LLC   Delaware
OHI Asset (NY) 93rd Street, LLC   Delaware
OHI Asset (OH) Lender, LLC   Delaware
OHI Asset (OH), LLC   Delaware
OHI Asset (OR) Portland, LLC   Delaware
OHI Asset (OR) Troutdale, LLC   Delaware
OHI Asset (PA) GP, LLC   Delaware
OHI Asset (PA) West Mifflin, LP   Delaware
OHI Asset (PA), LLC   Delaware
OHI Asset (SC) Aiken, LLC   Delaware
OHI Asset (SC) Anderson, LLC   Delaware
OHI Asset (SC) Easley Anne, LLC   Delaware
OHI Asset (SC) Easley Crestview, LLC   Delaware
OHI Asset (SC) Edgefield, LLC   Delaware
OHI Asset (SC) Greenville Griffith, LLC   Delaware
OHI Asset (SC) Greenville Laurens, LLC   Delaware
OHI Asset (SC) Greenville North, LLC   Delaware
OHI Asset (SC) Greenville, LLC   Delaware
OHI Asset (SC) Greer, LLC   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset (SC) Marietta, LLC   Delaware
OHI Asset (SC) McCormick, LLC   Delaware
OHI Asset (SC) Orangeburg, LLC   Delaware
OHI Asset (SC) Pickens East Cedar, LLC   Delaware
OHI Asset (SC) Pickens Rosemond, LLC   Delaware
OHI Asset (SC) Piedmont, LLC   Delaware
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware
OHI Asset (TN) Bartlett, LLC   Delaware
OHI Asset (TN) Collierville, LLC   Delaware
OHI Asset (TN) Jefferson City, LLC   Delaware
OHI Asset (TN) Memphis, LLC   Delaware
OHI Asset (TN) Rogersville, LLC   Delaware
OHI Asset (TX) Anderson, LLC   Delaware
OHI Asset (TX) Bryan, LLC   Delaware
OHI Asset (TX) Burleson, LLC   Delaware
OHI Asset (TX) College Station, LLC   Delaware
OHI Asset (TX) Comfort, LLC   Delaware
OHI Asset (TX) Diboll, LLC   Delaware
OHI Asset (TX) Granbury, LLC   Delaware
OHI Asset (TX) Hondo, LLC   Delaware
OHI Asset (TX) Italy, LLC   Delaware
OHI Asset (TX) Winnsboro, LLC   Delaware
OHI Asset (TX), LLC   Delaware
OHI Asset (UT) Ogden, LLC   Delaware
OHI Asset (UT) Provo, LLC   Delaware
OHI Asset (UT) Roy, LLC   Delaware
OHI Asset (VA) Charlottesville, LLC   Delaware
OHI Asset (VA) Farmville, LLC   Delaware
OHI Asset (VA) Hillsville, LLC   Delaware
OHI Asset (VA) Martinsville SNF, LLC   Delaware
OHI Asset (VA) Rocky Mount, LLC   Delaware
OHI Asset (WA) Battle Ground, LLC   Delaware
OHI Asset (WA) Fort Vancouver, LLC   Delaware
OHI Asset (WV) Danville, LLC   Delaware
OHI Asset (WV) Ivydale, LLC   Delaware
OHI Asset CHG ALF, LLC   Delaware
OHI Asset CSB LLC   Delaware
OHI Asset CSE – E, LLC   Delaware
OHI Asset CSE – U, LLC   Delaware
OHI Asset CSE–E Subsidiary, LLC   Delaware
OHI Asset CSE–U Subsidiary, LLC   Delaware
OHI Asset HUD CFG, LLC   Delaware
OHI Asset HUD Delta, LLC   Delaware
OHI Asset HUD H-F, LLC   Delaware
OHI Asset HUD SF CA, LLC   Delaware
OHI Asset HUD SF, LLC   Delaware
OHI Asset HUD WO, LLC   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
OHI Asset II (CA), LLC   Delaware
OHI Asset II (FL), LLC   Delaware
OHI Asset Management, LLC   Delaware
OHI Asset RO PMM Services, LLC   Delaware
OHI Asset RO, LLC   Delaware
OHI Asset, LLC   Delaware
OHI Healthcare Properties Holdco, Inc.   Delaware
OHI Healthcare Properties Limited Partnership   Delaware
OHI Mezz Lender, LLC   Delaware
Ohio Aviv Three, L.L.C.   Delaware
Ohio Aviv Two, L.L.C.   Delaware
Ohio Aviv, L.L.C.   Delaware
Ohio Indiana Property, L.L.C.   Delaware
Ohio Pennsylvania Property, L.L.C.   Delaware
Oklahoma Two Property, L.L.C.   Delaware
Oklahoma Warr Wind, L.L.C.   Delaware
Omaha Associates, L.L.C.   Delaware
Orange ALF Property, L.L.C.   Delaware
Oregon Associates, L.L.C.   Delaware
Oso Avenue Property, L.L.C.   Delaware
Ostrom Avenue Property, L.L.C.   Delaware
Panama City Nursing Center LLC   Delaware
Peabody Associates Two, L.L.C.   Delaware
Peabody Associates, L.L.C.   Delaware
Pennington Road Property, L.L.C.   Delaware
Pocatello Idaho Property, L.L.C.   Delaware
Prescott Arkansas, L.L.C.   Delaware
Ravenna Ohio Property, L.L.C.   Delaware
Richland Washington, L.L.C.   Delaware
Riverside Nursing Home Associates Two, L.L.C.   Delaware
Riverside Nursing Home Associates, L.L.C.   Delaware
Rockingham Drive Property, L.L.C.   Delaware
S.C. Portfolio Property, L.L.C.   Delaware
Salem Associates, L.L.C.   Delaware
San Juan NH Property, LLC   Delaware
Sandalwood Arkansas Property, L.L.C.   Delaware
Savoy/Bonham Venture, L.L.C.   Delaware
Searcy Aviv, L.L.C.   Delaware
Sedgwick Properties, L.L.C.   Delaware
Seguin Texas Property, L.L.C.   Delaware
Sierra Ponds Property, L.L.C.   Delaware
Skyler Maitland LLC   Delaware
Skyview Associates, L.L.C.   Delaware
Southeast Missouri Property, L.L.C.   Delaware
Southern California Nevada, L.L.C.   Delaware
St. Joseph Missouri Property, L.L.C.   Delaware
Star City Arkansas, L.L.C.   Delaware
Stephenville Texas Property, L.L.C.   Delaware
Stevens Avenue Property, L.L.C.   Delaware

 

     

 

 

Entity Name   State or other jurisdiction
of formation
Suwanee, LLC   Delaware
Texas Fifteen Property, L.L.C.   Delaware
Texas Four Property, L.L.C.   Delaware
Texhoma Avenue Property, L.L.C.   Delaware
Tujunga, L.L.C.   Delaware
Tulare County Property, L.L.C.   Delaware
VRB Aviv, L.L.C.   Delaware
Washington Idaho Property, L.L.C.   Delaware
Wellington Leasehold, L.L.C.   Delaware
West Pearl Street, L.L.C.   Delaware
West Yarmouth Property I, L.L.C.   Delaware
Westerville Ohio Office Property, L.L.C.   Delaware
Whitlock Street Property, L.L.C.   Delaware
Willis Texas Aviv, L.L.C.   Delaware
Yuba Aviv, L.L.C.   Delaware
Florida Real Estate Company, LLC   Florida
Pensacola Real Estate Holdings I, LLC   Florida
Pensacola Real Estate Holdings II, LLC   Florida
Pensacola Real Estate Holdings III, LLC   Florida
Pensacola Real Estate Holdings IV, LLC   Florida
Pensacola Real Estate Holdings V, LLC   Florida
Skyler Pensacola, LLC   Florida
Chippewa Valley, L.L.C.   Illinois
Commerce Nursing Homes, L.L.C.   Illinois
Effingham Associates, L.L.C.   Illinois
Heritage Monterey Associates, L.L.C.   Illinois
Hobbs Associates, L.L.C.   Illinois
Idaho Associates, L.L.C.   Illinois
Montana Associates, L.L.C.   Illinois
OHI (Illinois), LLC   Illinois
Orange, L.L.C.   Illinois
Pomona Vista L.L.C.   Illinois
Red Rocks, L.L.C.   Illinois
Rose Baldwin Park Property L.L.C.   Illinois
Santa Ana-Bartlett, L.L.C.   Illinois
Santa Fe Missouri Associates, L.L.C.   Illinois
Sun-Mesa Properties, L.L.C.   Illinois
Washington-Oregon Associates, L.L.C.   Illinois
Watauga Associates, L.L.C.   Illinois
OHI (Indiana), LLC   Indiana
OHI (Iowa), LLC   Iowa
Sterling Acquisition, LLC   Kentucky
48 High Point Road, LLC   Maryland
Arizona Lessor – Infinia, LLC   Maryland
Bayside Street, LLC   Maryland
Colorado Lessor - Conifer, LLC   Maryland
Delta Investors I, LLC   Maryland
Delta Investors II, LLC   Maryland
Florida Lessor – Meadowview, LLC   Maryland

 

     

 

 

Entity Name   State or other jurisdiction
of formation
Georgia Lessor - Bonterra/Parkview, LLC   Maryland
Indiana Lessor – Wellington Manor, LLC   Maryland
OHI Asset (PA), LP   Maryland
OHI Asset II (PA), LP   Maryland
OHI Asset III (PA), LP   Maryland
OHI Asset IV (PA) Silver Lake, LP   Maryland
OHI Tennessee, LLC   Maryland
Omega Healthcare Investors, Inc.   Maryland
Omega TRS I, Inc.   Maryland
PV Realty–Willow Tree, LLC   Maryland
Texas Lessor – Stonegate GP, LLC   Maryland
Texas Lessor – Stonegate, Limited, LLC   Maryland
Texas Lessor – Stonegate, LP   Maryland
Washington Lessor – Silverdale, LLC   Maryland
OHIMA, LLC   Massachusetts
1200 Ely Street Holdings Co. LLC   Michigan
42235 County Road Holdings Co. LLC   Michigan
Dixie White House Nursing Home, LLC   Mississippi
Ocean Springs Nursing Home, LLC   Mississippi
Skyler Boyington, LLC   Mississippi
Skyler Florida, LLC   Mississippi
Alamogordo Aviv, L.L.C.   New Mexico
Clayton Associates, L.L.C.   New Mexico
N.M. Bloomfield Three Plus One Limited Company   New Mexico
N.M. Espanola Three Plus One Limited Company   New Mexico
N.M. Lordsburg Three Plus One Limited Company   New Mexico
N.M. Silver City Three Plus One Limited Company   New Mexico
Raton Property Limited Company   New Mexico
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio
Bala Cynwyd Real Estate, LP   Pennsylvania
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Wheeler Healthcare Associates, L.L.C.   Texas

 

     

 

 

 

Exhibit 5.9

 

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle; Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have acted as special counsel in the State of Mississippi (the “ State ”) for (i) Dixie White House Nursing Home, LLC, a Mississippi limited liability company (“ Dixie White House ”); (ii) Ocean Springs Nursing Home, LLC, a Mississippi limited liability company (“ Ocean Springs ”); (iii) Skyler Florida, LLC, a Mississippi limited liability company (“ Skyler Florida ”); and (iv) Skyler Boyington, LLC, a Mississippi limited liability company (“ Skyler Boyington ” and, together with Dixie White House, Ocean Springs, and Skyler Florida, the “ Mississippi Guarantors ”) in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by Omega Healthcare Investors, Inc. (the “ Parent ”) and by the subsidiary guarantors listed on Schedule I hereto (the “ Guarantors ”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”).

 

We call your attention to the fact that we do not represent the Mississippi Guarantors on a regular basis and that we have represented the Mississippi Guarantors only in a limited capacity in connection with certain specific matters as to which we were consulted by the Mississippi Guarantors and we have not been engaged for any other purposes, and there may exist matters of a legal nature which could have a bearing on the Exchange Offer and the transactions related thereto with respect to which we have not been consulted.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

In connection with this opinion, we have reviewed the following documents (items 1 through 4, inclusive, below are collectively referred to herein as the “ Transaction Documents ”):

 

1. the Registration Statement (excluding the exhibits thereto);

 

2. an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ,” and collectively, the “ Guarantees ”) provided for therein;

 

3. executed copies of the Initial Notes;

 

4. the form of the Exchange Notes;

 

5. Certificate (the “ Certificate ”) dated as of the date hereof of the Secretaries of each of the Mississippi Guarantors and certain other entities named therein certifying:

 

(a) Certificate of Formation of Dixie White House as being in effect on the date of such Certificate;

 

(b) Operating Agreement of Dixie White House as being in effect on the date of such Certificate;

 

(c) Certificate of Formation of Ocean Springs as being in effect on the date of such Certificate;

 

(d) Operating Agreement of Ocean Springs as being in effect on the date of such Certificate;

 

(e) Certificate of Formation of Skyler Florida as being in effect on the date of such Certificate;

 

(f) Operating Agreement of Skyler Florida as being in effect on the date of such Certificate;

 

(g) Certificate of Formation of Skyler Boyington as being in effect on the date of such Certificate;

 

(h) Operating Agreement of Skyler Boyington as being in effect on the date of such Certificate;

 

(i) Resolutions adopted by each Mississippi Guarantor and certain other entities named therein relating to the Transaction Documents and the transactions contemplated thereby, as being in effect on the date of such Certificate; and

 

(j) The incumbency and specimen signatures of certain officers of each Mississippi Guarantor and such other entities named therein; and

 

6. Separate Certificates of Good Standing, each dated as of November 5, 2015, issued by the Secretary of State of the State of Mississippi addressing the good standing of the Mississippi Guarantors (together, the “ Certificates of Good Standing ”).

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

We have also examined such certificates of public officials and of representatives of the Mississippi Guarantors and other documents and records and such questions of law as we have deemed necessary as a basis for the opinions set forth below. In making such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to the originals of all documents submitted to us as copies. As to various facts material to the opinions set forth herein, we have relied upon the statements and representations made in the Registration Statement and the Indenture and upon such certificates of public officials and of representatives of the Mississippi Guarantors, which facts we have not independently verified. In rendering our opinion herein, we have relied upon the Certificates of Good Standing for the conclusions that each Mississippi Guarantor was duly formed, is validly existing, and is in good standing under the laws of Mississippi.

 

For purposes of this opinion, we have assumed that:

 

1.        Each Transaction Document, was duly authorized, executed and delivered by, and constitute the valid, binding and enforceable obligations of, the parties thereto other than the Mississippi Guarantors;

 

2.        Consideration for the Transaction Documents has been delivered to the Mississippi Guarantors and is legally sufficient;

 

3.        There are no written or oral terms and conditions agreed to by, or course of conduct or dealings between any of the parties to the Transaction Documents that amend, delete, supplement, alter or otherwise vary the express terms of any of the Transaction Documents;

 

4.        The Transaction Documents, as executed and delivered, conform in all material respects to the drafts delivered to us, with all blank spaces appropriately completed and all appropriate exhibits attached; and

 

5.        Each party has acted in good faith and without notice of any defense against the enforcement of any rights created by the transactions contemplated by the Transaction Documents, and that the parties will act at all times in good faith and in a commercially reasonable manner.

 

The opinions set forth herein are limited to the law of the State, and we express no opinion herein as to the law of any other jurisdiction. Notwithstanding any governing law provisions contained in the Transactions Documents choosing New York law, we have for purposes of this opinion letter assumed that the courts will apply the laws of the State of Mississippi to the interpretation, construction and enforcement of the Transaction Documents.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (a) the Registration Statement has become effective under the Act, (b) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, (c) the Exchange Notes (in the form examined by us) have been duly executed and delivered by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes, and (d) the Guarantees (in the form examined by us) have been duly executed and delivered by the Guarantors, each in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, each Guarantee executed by a Mississippi Guarantor will constitute a valid and binding obligation of the Mississippi Guarantor that is a party thereto.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

The opinion set forth above are subject to the following qualifications and limitations:

 

1.        Our opinion herein is (a) limited by bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other similar laws affecting generally the rights or remedies of creditors or the obligations of debtors and (b) subject to general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).

 

2.        We call to your attention the fact that the Mississippi Supreme Court has not addressed the issue of enforceability of a contractual choice of law provision, however the United States Court of Appeals for the Fifth Circuit in FMC Finance Corp. v. Murphee , 632 F.2d 413 (5th Cir. 1980) applied Erie analysis to conclude that Mississippi law recognizes that parties may legitimately control the choice of substantive law in a contract as long as the state law selected bears a rational relation to the transaction, and we rely on that decision to the extent our opinion relates to the enforceability of the contractual choice of New York law. While the matter is not free from doubt, a state or federal court in the State applying State choice of law rules should give effect to the choice of law provisions of those Transaction Documents that choose the laws of New York except where (a) such court determines that the State of New York does not have sufficient contact to the parties to such Transaction Documents or the transaction contemplated by such Transaction Documents or (b) the result obtained from the application of the law of the State of New York would be contrary to the public policy or prejudicial to the interests of the State.

 

3.        We express no opinion as to any of the following to the extent relevant to the Guarantees of the Mississippi Guarantors: (a) any provision in the Transaction Documents that excludes, waives or limits the liability of any party (i) for its own gross fault, intentional fault or for causing physical injury to the other party, (ii) for the released or indemnified’s party’s negligence, where the release or indemnity does not expressly include liability arising out of such negligence, or (iii) that requires indemnification for the indemnified party’s failure to comply with limitations or requirements of applicable law; (b) any provision in the Transaction Documents prohibiting the non-written modification of such documents; (c) as to whether or not any party to the Transaction Documents is in compliance with any covenants, representations or warranties contained in the Transaction Documents; (d) any provision in the Transaction Documents waiving unknown rights or defenses; (e) any provision requiring the payment of attorneys’ fees and expenses, in an amount in excess of reasonable attorneys’ fees and expenses actually incurred; (f) any provision purporting to shorten any statute of limitations, or waiving in advance any defense with respect to any statute of limitations; (g) any provision of the Transaction Documents granting the Trustee or any Holder the unilateral right or discretion to determine standards or requirements for performance not expressly enumerated in the Transaction Documents; (h) any provision providing for equitable remedies such as specific performance or injunctive relief; (i) any provision of the Transaction Documents which: (1) establish, waive, or define rights relating to exculpation, waiver, or ratification of future acts or conversion; (2) conflict with the provisions of Miss. Code § 75-17-27, which prohibit the assessment of a late payment charge in excess of $5.00 or four percent (4%) of the amount of any delinquency, whichever is greater, and which prohibits any such late payment charge unless such delinquency is more than fifteen (15) days past due; or (3) waive or release the right of a debtor, following acceleration of the obligations upon default, to reinstate an installment schedule by tender of past due amounts and certain expenses; and (j) the application of or compliance with: (1) statutes, administrative decisions, rules or regulations of any county, municipality, or special political subdivision or other local authority; (2) ERISA laws, rules and regulations; or (3) federal or state taxation, banking, anti-trust, securities or “blue sky” laws, rules or regulations.

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

This opinion letter is limited to the matters expressly stated herein, and no opinion is implied or may be inferred beyond the matters expressly stated herein. In every instance in this opinion where we have relied on a document prepared, conclusion drawn, or certification made, by another person or entity, we have made no investigation of that other person or entity for purposes of corroborating the accuracy of any information or representations provided to us by that other person or entity; however, we have no knowledge of any facts which would lead us to believe such matters to be untrue or inaccurate.

 

This opinion letter is made as of the date hereof and we undertake no, and hereby disclaim any, obligation to advise you of any change in any matter set forth herein, including, without limitation, any changes in Mississippi law. Insofar as the opinions herein relate to any actions to be taken after the date of this letter, the opinions are limited to the facts as they exist and the date hereof.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name under the caption “Legal Matters” in the prospectus filed as a part thereof. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  /s/ Butler Snow LLP
   
  Butler Snow LLP

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 6

 

Schedule I

 

Guarantors

 

11900 East Artesia Boulevard, LLC   CFG 2115 Woodstock Place LLC
1200 Ely Street Holdings Co. LLC   Champaign Williamson Franklin, L.L.C.
13922 Cerise Avenue, LLC   Chardon Ohio Property Holdings, L.L.C.
1628 B Street, LLC   Chardon Ohio Property, L.L.C.
2400 Parkside Drive, LLC   Chatham Aviv, L.L.C.
2425 Teller Avenue, LLC   Chippewa Valley, L.L.C.
245 East Wilshire Avenue, LLC   CHR Bartow LLC
3232 Artesia Real Estate, LLC   CHR Boca Raton LLC
3806 Clayton Road, LLC   CHR Bradenton LLC
42235 County Road Holdings Co. LLC   CHR Cape Coral LLC
446 Sycamore Road, L.L.C.   CHR Fort Myers LLC
48 High Point Road, LLC   CHR Fort Walton Beach LLC
523 Hayes Lane, LLC   CHR Lake Wales LLC
637 East Romie Lane, LLC   CHR Lakeland LLC
Alamogordo Aviv, L.L.C.   CHR Pompano Beach Broward LLC
Albany Street Property, L.L.C.   CHR Pompano Beach LLC
Arizona Lessor – Infinia, LLC   CHR Sanford LLC
Arkansas Aviv, L.L.C.   CHR Spring Hill LLC
Arma Yates, L.L.C.   CHR St. Pete Bay LLC
Avery Street Property, L.L.C   CHR St. Pete Egret LLC
Aviv Asset Management, L.L.C.   CHR Tampa Carrollwood LLC
Aviv Financing I, L.L.C.   CHR Tampa LLC
Aviv Financing II, L.L.C.   CHR Tarpon Springs LLC
Aviv Financing III, L.L.C.   CHR Titusville LLC
Aviv Financing IV, L.L.C.   Clarkston Care, L.L.C.
Aviv Financing V, L.L.C.   Clayton Associates, L.L.C.
Aviv Foothills, L.L.C.   Colonial Gardens, LLC
Aviv Healthcare Capital Corporation   Colonial Madison Associates, L.L.C.
Aviv Healthcare Properties Operating Partnership I, L.P.   Colorado Lessor - Conifer, LLC
Aviv Liberty, L.L.C.   Columbus Texas Aviv, L.L.C.
Avon Ohio, L.L.C.   Columbus Western Avenue, L.L.C.
Bala Cynwyd Real Estate, LP   Colville Washington Property, L.L.C.
Bayside Colorado Healthcare Associates, LLC   Commerce Nursing Homes, L.L.C.
Bayside Street II, LLC   Commerce Sterling Hart Drive, L.L.C.
Bayside Street, LLC   Conroe Rigby Owen Road, L.L.C.
Belleville Illinois, L.L.C.   CR Aviv, L.L.C.
Bellingham II Associates, L.L.C.   Crete Plus Five Property, L.L.C.
Bethel ALF Property, L.L.C.   Crooked River Road, L.L.C.
BHG Aviv, L.L.C.   CSE Albany LLC
Biglerville Road, L.L.C.   CSE Amarillo LLC
Bonham Texas, L.L.C.   CSE Arden L.P.
Bradenton ALF Property, L.L.C.   CSE Augusta LLC
Burton NH Property, L.L.C.   CSE Bedford LLC
California Aviv Two, L.L.C.   CSE Blountville LLC
California Aviv, L.L.C.   CSE Bolivar LLC
Camas Associates, L.L.C.   CSE Cambridge LLC
Canton Health Care Land, LLC   CSE Cambridge Realty LLC
Carnegie Gardens LLC   CSE Camden LLC
Casa/Sierra California Associates, L.L.C.   CSE Canton LLC

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 7

 

CSE Casablanca Holdings II LLC   CSE Pilot Point LLC
CSE Casablanca Holdings LLC   CSE Pine View LLC
CSE Cedar Rapids LLC   CSE Ponca City LLC
CSE Centennial Village, LP   CSE Port St. Lucie LLC
CSE Chelmsford LLC   CSE Richmond LLC
CSE Chesterton LLC   CSE Ripley LLC
CSE Claremont LLC   CSE Ripon LLC
CSE Corpus North LLC   CSE Safford LLC
CSE Denver Iliff LLC   CSE Salina LLC
CSE Denver LLC   CSE Seminole LLC
CSE Douglas LLC   CSE Shawnee LLC
CSE Elkton LLC   CSE Spring Branch LLC
CSE Elkton Realty LLC   CSE Stillwater LLC
CSE Fairhaven LLC   CSE Taylorsville LLC
CSE Fort Wayne LLC   CSE Texarkana LLC
CSE Frankston LLC   CSE Texas City LLC
CSE Georgetown LLC   CSE The Village LLC
CSE Green Bay LLC   CSE Upland LLC
CSE Hilliard LLC   CSE Walnut Cove L.P.
CSE Huntingdon LLC   CSE West Point LLC
CSE Huntsville LLC   CSE Whitehouse LLC
CSE Indianapolis-Continental LLC   CSE Williamsport LLC
CSE Indianapolis-Greenbriar LLC   CSE Winter Haven LLC
CSE Jacinto City LLC   CSE Woodfin L.P.
CSE Jefferson City LLC   CSE Yorktown LLC
CSE Jeffersonville-Hillcrest Center LLC   Cuyahoga Falls Property, L.L.C.
CSE Jeffersonville-Jennings House LLC   Dallas Two Property, L.L.C.
CSE Kerrville LLC   Danbury ALF Property, L.L.C.
CSE King L.P.   Darien ALF Property, L.L.C.
CSE Kingsport LLC   Delta Investors I, LLC
CSE Knightdale L.P.   Delta Investors II, LLC
CSE Lake City LLC   Denison Texas, L.L.C.
CSE Lake Worth LLC   Desert Lane LLC
CSE Lakewood LLC   Dixie White House Nursing Home, LLC
CSE Las Vegas LLC   Dixon Health Care Center, LLC
CSE Lawrenceburg LLC   East Rollins Street, L.L.C.
CSE Lenoir L.P.   Edgewood Drive Property, L.L.C.
CSE Lexington Park LLC   Effingham Associates, L.L.C.
CSE Lexington Park Realty LLC   Elite Mattoon, L.L.C.
CSE Ligonier LLC   Elite Yorkville, L.L.C.
CSE Live Oak LLC   Encanto Senior Care, LLC
CSE Lowell LLC   Falcon Four Property Holding, L.L.C.
CSE Marianna Holdings LLC   Falcon Four Property, L.L.C.
CSE Memphis LLC   Falfurrias Texas, L.L.C.
CSE Mobile LLC   Florida ALF Properties, L.L.C.
CSE Moore LLC   Florida Four Properties, L.L.C.
CSE North Carolina Holdings I LLC   Florida Lessor – Meadowview, LLC
CSE North Carolina Holdings II LLC   Florida Real Estate Company, LLC
CSE Omro LLC   Fort Stockton Property, L.L.C.
CSE Orange Park LLC   Four Fountains Aviv, L.L.C.
CSE Orlando-Pinar Terrace Manor LLC   Fredericksburg South Adams Street, L.L.C.
CSE Orlando-Terra Vista Rehab LLC   Freewater Oregon, L.L.C.
CSE Pennsylvania Holdings, LP   Fullerton California, L.L.C.
CSE Piggott LLC   G&L Gardens, LLC

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 8

 

Gardnerville Property, L.L.C.   Mt. Vernon Texas, L.L.C.
Georgia Lessor - Bonterra/Parkview, LLC   Murray County, L.L.C.
Germantown Property, L.L.C.   Muscatine Toledo Properties, L.L.C.
Giltex Care, L.L.C.   N.M. Bloomfield Three Plus One Limited Company
Glendale NH Property, L.L.C.   N.M. Espanola Three Plus One Limited Company
Golden Hill Real Estate Company, LLC   N.M. Lordsburg Three Plus One Limited Company
Gonzales Texas Property, L.L.C.   N.M. Silver City Three Plus One Limited Company
Great Bend Property, L.L.C.   New Hope Property, L.L.C.
Greenbough, LLC   Newtown ALF Property, L.L.C.
Greenville Kentucky Property, L.L.C.   Nicholasville Kentucky Property, L.L.C.
Heritage Monterey Associates, L.L.C.   North Las Vegas LLC
HHM Aviv, L.L.C.   North Royalton Ohio Property, L.L.C.
Hidden Acres Property, L.L.C.   Norwalk ALF Property, L.L.C.
Highland Leasehold, L.L.C.   NRS Ventures, L.L.C.
Hobbs Associates, L.L.C.   Oakland Nursing Homes, L.L.C.
Hot Springs Atrium Owner, LLC   Ocean Springs Nursing Home, LLC
Hot Springs Aviv, L.L.C.   October Associates, L.L.C.
Hot Springs Cottages Owner, LLC   Ogden Associates, L.L.C.
Hot Springs Marina Owner, LLC   OHI (Connecticut), LLC
Houston Texas Aviv, L.L.C.   OHI (Illinois), LLC
Hutchinson Kansas, L.L.C.   OHI (Indiana), LLC
Hutton I Land, LLC   OHI (Iowa), LLC
Hutton II Land, LLC   OHI Asset (AR) Ash Flat, LLC
Hutton III Land, LLC   OHI Asset (AR) Camden, LLC
Idaho Associates, L.L.C.   OHI Asset (AR) Conway, LLC
Illinois Missouri Properties, L.L.C.   OHI Asset (AR) Des Arc, LLC
Indiana Lessor – Wellington Manor, LLC   OHI Asset (AR) Hot Springs, LLC
Iowa Lincoln County Property, L.L.C.   OHI Asset (AR) Malvern, LLC
Jasper Springhill Street, L.L.C.   OHI Asset (AR) Mena, LLC
Kansas Five Property, L.L.C.   OHI Asset (AR) Pocahontas, LLC
Karan Associates Two, L.L.C.   OHI Asset (AR) Sheridan, LLC
Karan Associates, L.L.C.   OHI Asset (AR) Walnut Ridge, LLC
Karissa Court Property, L.L.C.   OHI Asset (AZ) Austin House, LLC
KB Northwest Associates, L.L.C.   OHI Asset (CA), LLC
Kentucky NH Properties, L.L.C.   OHI Asset (CO), LLC
Kingsville Texas, L.L.C.   OHI Asset (CT) Lender, LLC
LAD I Real Estate Company, LLC   OHI Asset (FL) Eustis, LLC
Leatherman 90-1, LLC   OHI Asset (FL) Lake Placid, LLC
Leatherman Partnership 89-1, LLC   OHI Asset (FL) Lender, LLC
Leatherman Partnership 89-2, LLC   OHI Asset (FL) Lutz, LLC
Louisville Dutchmans Property, L.L.C.   OHI Asset (FL) Pensacola - Hillview, LLC
Magnolia Drive Property, L.L.C.   OHI Asset (FL), LLC
Manor Associates, L.L.C.   OHI Asset (GA) Dunwoody, LLC
Mansfield Aviv, L.L.C.   OHI Asset (GA) Macon, LLC
Massachusetts Nursing Homes, L.L.C.   OHI Asset (GA) Moultrie, LLC
McCarthy Street Property, L.L.C.   OHI Asset (GA) Roswell, LLC
Meridian Arms Land, LLC   OHI Asset (GA) Snellville, LLC
Minnesota Associates, L.L.C.   OHI Asset (ID) Holly, LLC
Mishawaka Property, L.L.C.   OHI Asset (ID) Midland, LLC
Missouri Associates, L.L.C.   OHI Asset (ID), LLC
Missouri Regency Associates, L.L.C.   OHI Asset (IL), LLC
Montana Associates, L.L.C.   OHI Asset (IN) American Village, LLC
Monterey Park Leasehold Mortgage, L.L.C.   OHI Asset (IN) Anderson, LLC
Mount Washington Property, L.L.C.   OHI Asset (IN) Beech Grove, LLC

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

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OHI Asset (IN) Clarksville, LLC   OHI Asset (PA), LP
OHI Asset (IN) Clinton, LLC   OHI Asset (SC) Aiken, LLC
OHI Asset (IN) Connersville, LLC   OHI Asset (SC) Anderson, LLC
OHI Asset (IN) Crown Point, LLC   OHI Asset (SC) Easley Anne, LLC
OHI Asset (IN) Eagle Valley, LLC   OHI Asset (SC) Easley Crestview, LLC
OHI Asset (IN) Elkhart, LLC   OHI Asset (SC) Edgefield, LLC
OHI Asset (IN) Forest Creek, LLC   OHI Asset (SC) Greenville Griffith, LLC
OHI Asset (IN) Fort Wayne, LLC   OHI Asset (SC) Greenville Laurens, LLC
OHI Asset (IN) Franklin, LLC   OHI Asset (SC) Greenville North, LLC
OHI Asset (IN) Greensburg, LLC   OHI Asset (SC) Greenville, LLC
OHI Asset (IN) Indianapolis, LLC   OHI Asset (SC) Greer, LLC
OHI Asset (IN) Jasper, LLC   OHI Asset (SC) Marietta, LLC
OHI Asset (IN) Kokomo, LLC   OHI Asset (SC) McCormick, LLC
OHI Asset (IN) Lafayette, LLC   OHI Asset (SC) Orangeburg, LLC
OHI Asset (IN) Madison, LLC   OHI Asset (SC) Pickens East Cedar, LLC
OHI Asset (IN) Monticello, LLC   OHI Asset (SC) Pickens Rosemond, LLC
OHI Asset (IN) Noblesville, LLC   OHI Asset (SC) Piedmont, LLC
OHI Asset (IN) Rosewalk, LLC   OHI Asset (SC) Simpsonville SE Main, LLC
OHI Asset (IN) Salem, LLC   OHI Asset (SC) Simpsonville West Broad, LLC
OHI Asset (IN) Seymour, LLC   OHI Asset (SC) Simpsonville West Curtis, LLC
OHI Asset (IN) Spring Mill, LLC   OHI Asset (TN) Bartlett, LLC
OHI Asset (IN) Terre Haute, LLC   OHI Asset (TN) Collierville, LLC
OHI Asset (IN) Wabash, LLC   OHI Asset (TN) Jefferson City, LLC
OHI Asset (IN) Westfield, LLC   OHI Asset (TN) Memphis, LLC
OHI Asset (IN) Zionsville, LLC   OHI Asset (TN) Rogersville, LLC
OHI Asset (LA) Baton Rouge, LLC   OHI Asset (TX) Anderson, LLC
OHI Asset (LA), LLC   OHI Asset (TX) Bryan, LLC
OHI Asset (MD), LLC   OHI Asset (TX) Burleson, LLC
OHI Asset (MI) Heather Hills, LLC   OHI Asset (TX) College Station, LLC
OHI Asset (MI), LLC   OHI Asset (TX) Comfort, LLC
OHI Asset (MO), LLC   OHI Asset (TX) Diboll, LLC
OHI Asset (MS) Byhalia, LLC   OHI Asset (TX) Granbury, LLC
OHI Asset (MS) Cleveland, LLC   OHI Asset (TX) Hondo, LLC
OHI Asset (MS) Clinton, LLC   OHI Asset (TX) Italy, LLC
OHI Asset (MS) Columbia, LLC   OHI Asset (TX) Winnsboro, LLC
OHI Asset (MS) Corinth, LLC   OHI Asset (TX), LLC
OHI Asset (MS) Greenwood, LLC   OHI Asset (UT) Ogden, LLC
OHI Asset (MS) Grenada, LLC   OHI Asset (UT) Provo, LLC
OHI Asset (MS) Holly Springs, LLC   OHI Asset (UT) Roy, LLC
OHI Asset (MS) Indianola, LLC   OHI Asset (VA) Charlottesville, LLC
OHI Asset (MS) Natchez, LLC   OHI Asset (VA) Farmville, LLC
OHI Asset (MS) Picayune, LLC   OHI Asset (VA) Hillsville, LLC
OHI Asset (MS) Vicksburg, LLC   OHI Asset (VA) Martinsville SNF, LLC
OHI Asset (MS) Yazoo City, LLC   OHI Asset (VA) Rocky Mount, LLC
OHI Asset (NC) Wadesboro, LLC   OHI Asset (WA) Battle Ground, LLC
OHI Asset (NY) 2nd Avenue, LLC   OHI Asset (WA) Fort Vancouver, LLC
OHI Asset (NY) 93rd Street, LLC   OHI Asset (WV) Danville, LLC
OHI Asset (OH) Lender, LLC   OHI Asset (WV) Ivydale, LLC
OHI Asset (OH), LLC   OHI Asset CHG ALF, LLC
OHI Asset (OR) Portland, LLC   OHI Asset CSB LLC
OHI Asset (OR) Troutdale, LLC   OHI Asset CSE-E Subsidiary, LLC
OHI Asset (PA) GP, LLC   OHI Asset CSE-E, LLC
OHI Asset (PA) West Mifflin, LP   OHI Asset CSE-U Subsidiary, LLC
OHI Asset (PA), LLC   OHI Asset CSE-U, LLC

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

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OHI Asset HUD CFG, LLC   Red Rocks, L.L.C.
OHI Asset HUD Delta, LLC   Richland Washington, L.L.C.
OHI Asset HUD H-F, LLC   Ridgecrest Senior Care, LLC
OHI Asset HUD SF CA, LLC   Riverside Nursing Home Associates Two, L.L.C.
OHI Asset HUD SF, LLC   Riverside Nursing Home Associates, L.L.C.
OHI Asset HUD WO, LLC   Rockingham Drive Property, L.L.C.
OHI Asset II (CA), LLC   Rose Baldwin Park Property L.L.C.
OHI Asset II (FL), LLC   S.C. Portfolio Property, L.L.C.   
OHI Asset II (PA), LP   Salem Associates, L.L.C.
OHI Asset III (PA), LP   San Juan NH Property, LLC
OHI Asset IV (PA) Silver Lake, LP   Sandalwood Arkansas Property, L.L.C.
OHI Asset Management, LLC   Santa Ana-Bartlett, L.L.C.
OHI Asset RO PMM Services, LLC   Santa Fe Missouri Associates, L.L.C.
OHI Asset RO, LLC   Savoy/Bonham Venture, L.L.C.
OHI Asset, LLC   Searcy Aviv, L.L.C.
OHI Healthcare Properties Holdco, Inc.   Sedgwick Properties, L.L.C.
OHI Healthcare Properties Limited Partnership   Seguin Texas Property, L.L.C.
OHI Mezz Lender, LLC   Sierra Ponds Property, L.L.C.
OHI Tennessee, LLC   Skyler Boyington, LLC
OHIMA, LLC   Skyler Florida, LLC
Ohio Aviv Three, L.L.C.   Skyler Maitland LLC
Ohio Aviv Two, L.L.C.   Skyler Pensacola, LLC
Ohio Aviv, L.L.C.   Skyview Associates, L.L.C.
Ohio Indiana Property, L.L.C.   Southeast Missouri Property, L.L.C.
Ohio Pennsylvania Property, L.L.C.   Southern California Nevada, L.L.C.
Oklahoma Two Property, L.L.C.   St. Joseph Missouri Property, L.L.C.
Oklahoma Warr Wind, L.L.C.   St. Mary’s Properties, LLC
Omaha Associates, L.L.C.   Star City Arkansas, L.L.C.
Omega TRS I, Inc.   Stephenville Texas Property, L.L.C.
Orange ALF Property, L.L.C.   Sterling Acquisition, LLC
Orange Village Care Center, LLC   Stevens Avenue Property, L.L.C.
Orange, L.L.C.   Sun-Mesa Properties, L.L.C.
Oregon Associates, L.L.C.   Suwanee, LLC
Oso Avenue Property, L.L.C.   Texas Fifteen Property, L.L.C.
Ostrom Avenue Property, L.L.C.   Texas Four Property, L.L.C.
Palm Valley Senior Care, LLC   Texas Lessor – Stonegate GP, LLC
Panama City Nursing Center LLC   Texas Lessor – Stonegate, Limited, LLC
Pavillion North Partners, LLC   Texas Lessor – Stonegate, LP
Pavillion North, LLP   Texhoma Avenue Property, L.L.C.
Pavillion Nursing Center North, LLC   The Suburban Pavilion, LLC
Peabody Associates Two, L.L.C.   Tujunga, L.L.C.
Peabody Associates, L.L.C.   Tulare County Property, L.L.C.
Pennington Road Property, L.L.C.   VRB Aviv, L.L.C.
Pensacola Real Estate Holdings I, LLC   Washington Idaho Property, L.L.C.
Pensacola Real Estate Holdings II, LLC   Washington Lessor – Silverdale, LLC
Pensacola Real Estate Holdings III, LLC   Washington-Oregon Associates, L.L.C.
Pensacola Real Estate Holdings IV, LLC   Watauga Associates, L.L.C.
Pensacola Real Estate Holdings V, LLC   Wellington Leasehold, L.L.C.
Pocatello Idaho Property, L.L.C.   West Pearl Street, L.L.C.
Pomona Vista L.L.C.   West Yarmouth Property I, L.L.C.
Prescott Arkansas, L.L.C.   Westerville Ohio Office Property, L.L.C.
PV Realty-Willow Tree, LLC   Wheeler Healthcare Associates, L.L.C.
Raton Property Limited Company   Whitlock Street Property, L.L.C.
Ravenna Ohio Property, L.L.C.   Wilcare, LLC

 

     
     

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 11

 

Willis Texas Aviv, L.L.C.    
Yuba Aviv, L.L.C.    

 

     

 


Exhibit 5.10

 

[Letterhead of Smith & Jones Law Firm]

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 under the Securities Act of 1933 filed by Omega Healthcare Investors, Inc. and the Subsidiary Guarantors listed therein

 

Ladies and Gentlemen:

 

We have served as special New Mexico counsel to the New Mexico companies listed on Schedule I attached to this letter (the “New Mexico Guarantors,” each, a “New Mexico Guarantor”) in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), and by the subsidiary guarantors, including the New Mexico Guarantors (collectively, the “Subsidiary Guarantors”) with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Guarantors party thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture, dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein collectively referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have been engaged solely for the purpose of rendering the opinion expressed in this letter pursuant to New Mexico law with respect to the New Mexico Guarantors. We do not routinely act as counsel to the New Mexico Guarantors, and our knowledge of the New Mexico Guarantors’ business, records, transactions and activities is limited to our review of the Transaction Documents (as defined below) and the Reviewed Documents (as defined below). We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation, preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

In connection with issuing the opinion expressed in this letter, we have reviewed, to the extent we determined necessary for the issuance of the opinion, either originals or copies of the following documents:

 

(1) the Registration Statement to be filed with the Commission, including exhibits that are pertinent to the opinion expressed in this letter;

 

(2) the Indenture, including the form of the subsidiary guarantees of the Exchange Notes attached as an exhibit to the Indenture (each, a “ Guarantee ,” and collectively, the “ Guarantees ”) provided for therein;

 

(3) the Initial Notes;

 

(4) the form of the Exchange Notes;

 

(5) the articles of organization and operating agreement, including any amendment or restatement thereof, of each New Mexico Guarantor in effect on the date of this letter, as certified by the applicable Secretary, Assistant Secretary or other appropriate officer or representative of each New Mexico Guarantor, dated as of the date hereof;

 

(6) a Certificate of Secretary of Subsidiary Guarantors, including each of the New Mexico Guarantors, dated as of the date hereof, certifying as to resolutions authorizing and relating to the transactions referred to herein and the incumbency of such officer or officers; and

 

(7) a Certificate of Comparison, with attached copies of the Certificate of Organization and Articles of Organization, and any amendments thereto, for each New Mexico Guarantor issued by the Office of the Secretary of State of New Mexico on August 17, 2015.

 

The documents referenced in items (1) through (4) above are collectively referred to as the “ Transaction Documents .” The documents referenced in items (1) through (7) above are collectively referred to as the “ Reviewed Documents .” For purposes of our opinion, the term Transaction Documents does not include any other documents, contracts or matters referred to or described therein. We have not reviewed any other documents other than the Reviewed Documents, or made any independent investigation, for the purpose of rendering this opinion.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

We have, with your consent, assumed that certificates of public officials dated earlier than the date of this opinion letter remain accurate from such earlier dates through and including the date of this opinion letter.

 

In our examination of the Reviewed Documents, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“ EDGAR ”) or other sites maintained by a court or government authority or regulatory body, the authenticity of the originals or such latter documents, and the accuracy and completeness of all documents reviewed by us in connection with providing the opinion expressed in this letter. If any document that we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, then we have assumed that the document so filed is identical to the document we examined except for formatting changes. When relevant facts were not independently established, we have relied, without independent investigation as to matters of fact, on statements of governmental officials and on representations made in or pursuant to certificates and statements of appropriate representatives of the Parent and the New Mexico Guarantors.

 

In connection with our opinion expressed in this letter, we have assumed, other than with respect to the New Mexico Guarantors, that: (i) all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto; (ii) all of the signatories to such documents have been duly authorized by all such parties; (iii) all of such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform their obligations under such documents; and (iv) all parties, as necessary, are authorized and licensed to conduct business in the state of New Mexico and are otherwise in conformance with New Mexico law.

 

We have further assumed, with your permission, that the parties to the Transaction Documents and their respective successors and assigns: (i) have acted and will act in good faith and in a commercially reasonable and conscionable manner in the exercise of any rights or enforcement of any remedies under the Transaction Documents; (ii) have not engaged and will not engage in any conduct in the exercise of such rights or enforcement of such remedies that would constitute other than fair dealing; and (iii) have complied and will comply with all requirements of applicable procedural and substantive law in exercising any rights or enforcing any remedies under the Transaction Documents.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

We have further assumed, with your permission, that: (i) the exercise of any rights or enforcement of any remedies under the Transaction Documents will not be unconscionable, will not result in a breach of the peace, or otherwise be contrary to public policy, and will be consistent with the laws of the state of New Mexico pertaining thereto; (ii) no party has notice of any defense against enforcement of the Transaction Documents; (iii) there has not been any mutual mistake of fact or misunderstanding, fraud, duress or undue influence; (iv) there are no agreements or understandings among the parties to the Transaction Documents, written or oral, other than the Transaction Documents, and there is no course of performance, course of dealing, or usage of trade among such parties, that would amend, modify, define, supplement or qualify, either directly or indirectly, the terms and conditions of the Transaction Documents; and (v) the Transaction Documents accurately reflect the complete understanding of the parties with respect to the transactions contemplated thereby and the rights and obligations of the parties thereunder.

 

Based on the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth in this letter, we are of the opinion that, when: (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes, and the Guarantees (in the form examined by us) have been duly executed by the Subsidiary Guarantors, including the New Mexico Guarantors, each in accordance with the provisions of the Indenture on consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, then each Guarantee will constitute a valid and binding obligation of the New Mexico Guarantor that is a party thereto.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based on the following assumptions, comments, qualifications, limitations and exceptions:

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(a)           Our opinion set forth herein is based on only the applicable New Mexico state law as of the date of this letter. We specifically express no opinion as to any federal, or New Mexico state or local, laws, rules, or regulations pertaining to securities and blue sky laws; taxes; banking, financial institutions, insurance companies, and investment companies; antitrust and unfair competition; fiduciary duty requirements; the creation, attachment, perfection, or priority of any lien or security interest; bankruptcy, fraudulent transfer, and other insolvency laws; patents, copyrights, trademarks, trade secrets, and other intellectual property; criminal acts; racketeering; terrorism; money laundering; the environment; land use; health and safety; and pension, employee benefits and labor. The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based on the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion if such law is changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to the application or impact of the laws of any jurisdiction other than the laws of the state of New Mexico.

 

(b)          Our opinion set forth herein may be limited by: (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination; (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law); and (iii) an implied covenant of good faith and fair dealing.

 

(c)          Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees; (vi) limit self-help, rights of setoff, or the right to possession of the real or personal property or collection of rental or other income without appointment of a receiver, or impose procedural requirements or limit the rights or powers of a receiver; (vii) limit provisions purporting to establish evidentiary standards; (viii) limit provisions that permit, to the extent such amounts exceed actual damages, collection of a late charge, increased interest rate after default or maturity, or a prepayment premium or penalty; (ix) limit provisions purporting to appoint a lender as attorney-in-fact for a borrower; (x) limit provisions for charging interest on interest; (xi) limit provisions that purport to establish or maintain priority of the lien of the Transaction Documents; or (xii) limit the interest rate applicable to the indebtedness.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 6

 

(d)          We express no opinion as to:

 

(i)          the enforceability of: (A) any provision of the Indenture, the Exchange Notes, or the Guarantees (collectively, the “Operative Documents”) purporting or attempting to (1) confer exclusive jurisdiction or venue on certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Parent, any Guarantor or any other person to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, remedies, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law, or (7) provide for or grant a power of attorney; or (B) any provision of the Operative Documents relating to choice of law;

 

(ii)         the enforceability of: (A) any rights to indemnification or contribution provided for in the Operative Documents which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights; (B) any provisions in the Operative Documents purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it; or (C) provisions in the Operative Documents whose terms are left open for later resolution by the parties;

 

(iii)        whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes; or

 

(iv)        any matter whatsoever relating to: (i) the adequacy of the consideration for the loan transactions contemplated by the Operative Documents; (ii) the financial status of each New Mexico Guarantor; or (iii) the ability of each New Mexico Guarantor to meet its obligations under the Operative Documents.

 

(e)          Enforceability of the Guarantees is further subject to the qualification that certain waivers, procedures, remedies, and other provisions of the Guarantees may be unenforceable under or limited by the laws of the state of New Mexico; however, such laws do not in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantees, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantees after execution and delivery of such Guarantees may prevent the practical realization of the benefits intended by the Guarantees through a release or discharge of one or more Guarantors.

 

 

 

  

Omega Healthcare Investors, Inc.

November 12, 2015

Page 7

 

(f)          The rights of the Trustee or any other holder of the Exchange Notes under the Transaction Documents may be limited by NMSA 1978, as amended, Section 55-3-419, which provides guarantors with certain rights as accommodation parties.

 

We do not render any opinions except as expressly set forth in this letter, and no other opinions may be implied or inferred. The opinion set forth in this letter is provided to you as a legal opinion only, and not as a guaranty or warranty of the matters discussed in this letter. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of the name of our law firm under the caption “Legal Matters” in the prospectus filed as a part thereof. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  JONES & SMITH LAW FIRM, LLC
   
  By: /s/ Donald L. Jones
    Donald L. Jones

 

 

 

  

Schedule I

 

New Mexico Guarantors

 

Alamogordo Aviv, L.L.C.

Clayton Associates, L.L.C.

N.M. Bloomfield Three Plus One Limited Company

N.M. Espanola Three Plus One Limited Company

N.M. Lordsburg Three Plus One Limited Company

N.M. Silver City Three Plus One Limited Company

Raton Property Limited Company

 

 

  


Exhibit 5.11

 

[Letterhead of Dinsmore & Shohl LLP]

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Ohio counsel to those certain wholly owned, direct or indirect, as applicable, subsidiaries of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”) identified as “Opinion Subsidiaries” on Schedule I hereto (the “ Opinion Subsidiaries ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed by the Parent, the Opinion Subsidiaries and certain other the subsidiary guarantors (collectively with the Opinion Subsidiaries, the " Subsidiary Guarantors ") with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250 % Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250 % Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors signatory thereto and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation , preparation or execution of the Indenture, the Initial Notes, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes or the Exchange Notes. We have been retained solely for the purpose of rendering certain opinions pursuant to Ohio law.

 

In connection herewith, we have examined:

 

(1)         the Registration Statement (including all exhibits thereto);

 

(2)         an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ”, and collectively, the Guarantees) provided for therein;

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

(3)         executed copies of the Initial Notes;

 

(4)         the form of the Exchange Notes;

 

(5)         the articles of organization, and limited liability company operating agreements of each of the Opinion Subsidiaries as in effect on the date hereof and as certified by Secretary or other appropriate representative of such Opinion Subsidiary (the “ Organizational Documents ”);

 

(6)         a certificate of full force and effect for each of the Opinion Subsidiaries as of a recent date; and

 

(7)         certificates of the respective Secretaries or other appropriate representatives of each of the Opinion Subsidiaries, certifying as to resolutions relating to the transactions referred to herein, the due execution and delivery of the Transaction Documents by the respective Opinion Subsidiaries, the number of members, and the incumbency of officers.

 

The documents referenced as items (1) through (4) above are collectively referred to as the “Transaction Documents.”

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other limited liability company records, agreements and instruments of the Opinion Subsidiaries, certificates of public officials and officers or other appropriate representatives of the Opinion Subsidiaries, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Transaction Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies. When relevant facts were not independently established, we have relied, with your permission and without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of appropriate representatives of the Opinion Subsidiaries, including the Registration Statement.

 

In connection herewith, we have assumed that, other than with respect to the Opinion Subsidiaries, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement has become effective under the Act, (ii) the Indenture has become duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) have been duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes and the Guarantees (in the form examined by us) have been duly executed by Opinion Subsidiaries in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, each Guarantee of the Opinion Subsidiary will constitute a valid and binding obligation of each such Opinion Subsidiary.

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)          Our opinion set forth herein reflects only the application of applicable Ohio state law (excluding the securities and blue sky laws of such state, as to which we express no opinion) and the federal laws of the United States of America. The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

(b)          We express no opinion herein as to the enforceability of the Initial Notes or the Exchange Notes.

 

(c)          Our opinion contained herein may be limited by (i) applicable bankruptcy, insolvency, reorganization, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

(d)          Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

(e)          We express no opinion as to the enforceability of (1) any provision of the Transaction Documents purporting or attempting to (A) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (B) confer subject matter jurisdiction on a court not having independent grounds therefor, (C) modify or waive the requirements for effective service of process for any action that may be brought, (D) waive the right of the Parent, any Opinion Subsidiary or any other person to a trial by jury, (E) provide that remedies are cumulative or that decisions by a party are conclusive or (F) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law or (2) any provision of any Transaction Document relating to choice of law. Each Guarantee states that the laws of the State of New York are to govern its terms and provisions and we do not render any opinion as to the enforceability of any Guarantee under the laws of the State of New York.

 

(f)          Enforceability of the Guarantees is further subject to the qualification that certain waivers, procedures, remedies, and other provisions of the Guarantees may be unenforceable under or limited by the laws of the State of Ohio; however, such laws do not in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantees, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantees after execution and delivery of such Guarantees may prevent the practical realization of the benefits intended by the Guarantees through a release or discharge of one or more Opinion Subsidiaries.

 

(g)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

Remainder of Page Intentionally Left Blank

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

We do not render any opinions except as expressly set forth above. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the captions “Legal Matters.” In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

Very truly yours,  
   
DINSMORE & SHOHL LLP  
   
Charles F. Hertlein, Jr.  

 

 

 

   

Schedule I

 

Opinion Subsidiaries

 

Subsidiary   State or other jurisdiction of formation
Canton Health Care Land, LLC   Ohio
Colonial Gardens, LLC   Ohio
Dixon Health Care Center, LLC   Ohio
Hutton I Land, LLC   Ohio
Hutton II Land, LLC   Ohio
Hutton III Land, LLC   Ohio
Leatherman 90-1, LLC   Ohio
Leatherman Partnership 89-1, LLC   Ohio
Leatherman Partnership 89-2, LLC   Ohio
Meridian Arms Land, LLC   Ohio
Orange Village Care Center, LLC   Ohio
St. Mary’s Properties, LLC   Ohio
The Suburban Pavilion, LLC   Ohio
Wilcare, LLC   Ohio

 

 


Exhibit 5.12

 

   
     

437 Madison Avenue

29th Floor
New York, NY 10022
212-867-9500
Fax 212-599-1759

 

1105 Market Street, 15th Floor

Wilmington, DE 19801-1201
302-504-7800
Fax 302-504-7820

123 South Broad Street

Avenue of the Arts
Philadelphia, PA 19109
215-772-1500
Fax 215-772-7620





November 12, 2015 

LibertyView

457 Haddonfield Road, Suite 600
Cherry Hill, NJ 08002-2220
856-488-7700
Fax 856-488-7720

 

Cornerstone Commerce Center

1201 New Road, Suite 100

Linwood, NJ 08221

609-601-3010

Fax 609-601-3011

 

1235 Westlakes Drive, Suite 200

Berwyn, PA 19312-2401

610-889-2210

Fax 610-889-2220

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, Maryland 21030

 

Re: Registration Statement on Form S-4 Filed by Omega Healthcare Investors, Inc.

 

Ladies and Gentlemen:

 

We have served as special Pennsylvania counsel to those certain wholly-owned, direct or indirect, as applicable, Pennsylvania subsidiaries of Omega Healthcare Investors, Inc., a Maryland corporation (the “ Parent ”), identified as “Opinion Subsidiaries” on Schedule I hereto (each, an “ Opinion Subsidiary ,” and collectively the “ Opinion Subsidiaries ”), in connection with the Registration Statement on Form S-4 (the “ Registration Statement ”) filed on or about the date hereof by the Parent and certain subsidiary guarantors, including the Opinion Subsidiaries, listed in the Registration Statement (the “ Subsidiary Guarantors ”), with the Securities and Exchange Commission (the “ Commission ”) under the Securities Act of 1933, as amended (the “ Act ”), relating to the offer by the Parent (the “ Exchange Offer ”) to exchange up to $600,000,000 in aggregate principal amount of the Parent’s registered 5.250% Senior Notes due 2026 (the “ Exchange Notes ”) for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000 (the “ Initial Notes ”), under the indenture dated as of September 23, 2015 (the “ Original Indenture ”), among the Parent, the Subsidiary Guarantors party thereto, and U.S. Bank National Association, as trustee (the “ Trustee ”), as supplemented by that certain First Supplemental Indenture dated as of November 9, 2015 (the Original Indenture, as so supplemented, being herein referred to as the “ Indenture ”). All capitalized terms which are defined in the Indenture shall have the same meanings when used herein, unless otherwise specified.

 

 

 

 

  

Montgomery, McCracken, Walker & Rhoads, LLP

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

We have not been involved in the preparation of the Registration Statement, nor were we involved in the negotiation, preparation or execution of the Indenture, the Guarantees (as defined below), or any of the related agreements executed or delivered in connection with the Initial Notes, the Exchange Notes, the Exchange Offer or the transactions described in the Registration Statement. We have been retained solely for the purpose of rendering certain opinions regarding Pennsylvania law as specifically set forth herein.

 

In connection herewith, we have examined photocopies of:

 

1.        the Registration Statement (including exhibits thereto relating to the Opinion Subsidiaries);

 

2.        an executed copy of the Indenture, including the form of the guarantees of the Exchange Notes (each, a “ Guarantee ,” and collectively, the “ Guarantees ”) provided for therein;

 

3.        executed copies of the Initial Notes;

 

4.        the form of the Exchange Notes;

 

5.        the Certificate of Organization and Operating Agreement, as amended by that First Amendment to the Operating Agreement of each of the Opinion Subsidiaries that are limited liability companies and the Statement of Registration and Agreement of Limited Partnership and the First Amended and Restated Agreement of Limited Partnership of each of the Opinion Subsidiaries that is a limited partnership or limited liability limited partnership, in each case as in effect on the date hereof and as certified by the applicable Secretary, Assistant Secretary or other appropriate representative of such Opinion Subsidiary (the “ Organizational Documents ”);

 

6.        a certificate of legal existence and subsistence for each of the Opinion Subsidiaries; and

 

7.        certificates of the respective Secretaries, Assistant Secretaries or other appropriate representatives of each of the Opinion Subsidiaries, certifying as to resolutions approving and relating to the transactions referred to herein and the incumbency of such officers or representatives.

 

 

 

  

Montgomery, McCracken, Walker & Rhoads, LLP

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

The documents referenced as items (1) through (4) above are collectively referred to as the “ Transaction Documents .” The documents referenced as items (1) through (7) above are collectively referred to as the “ Reviewed Documents .”

 

We have also examined originals or copies, certified or otherwise identified to our satisfaction, of such other limited liability and limited partnership records, agreements and instruments of the respective Opinion Subsidiaries, certificates of public officials and officers or other appropriate representatives of the Opinion Subsidiaries, and such other documents, records and instruments, and we have made such legal and factual inquiries, as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the Reviewed Documents and the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Commission’s Electronic Data Gathering Analysis and Retrieval system (“EDGAR”) or other sites maintained by a court or government authority or regulatory body, and the authenticity of the originals of such latter documents. If any document we examined in printed, word processed or similar form has been filed with the Commission on EDGAR or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. When relevant facts were not independently established, we have relied without independent inquiry or investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to certificates and statements of authorized representatives of the Opinion Subsidiaries.

 

In connection herewith, we have assumed that, other than with respect to the Opinion Subsidiaries, all of the documents referred to in this opinion have been duly authorized by, have been duly executed and delivered by, and constitute the valid, binding and enforceable obligations of, all of the parties thereto, all of the signatories to such documents have been duly authorized by all such parties and all such parties are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform such documents.

 

Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that, when (i) the Registration Statement becomes effective under the Act, (ii) the Indenture becomes duly qualified under the Trust Indenture Act of 1939, as amended, and (iii) the Exchange Notes (in the form examined by us) are duly executed by the Parent and authenticated and delivered by the Trustee and issued in exchange for the Initial Notes, and the Guarantees (in the form examined by us) have been duly executed by each Opinion Subsidiary in accordance with the provisions of the Indenture upon consummation of the Exchange Offer, and otherwise in accordance with the terms of the Registration Statement and the exhibits thereto, the Guarantee of each Opinion Subsidiary will constitute a valid and binding obligation of each such Opinion Subsidiary.

 

 

 

  

Montgomery, McCracken, Walker & Rhoads, LLP

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 4

 

In addition to the assumptions, comments, qualifications, limitations and exceptions set forth above, the opinion set forth herein is further limited by, subject to and based upon the following assumptions, comments, qualifications, limitations and exceptions:

 

(a)          Our opinion set forth herein reflects only the application of applicable law of the Commonwealth of Pennsylvania (excluding the securities and blue sky laws of such Commonwealth, as to which we express no opinion). The opinion set forth herein is made as of the date hereof and is subject to, and may be limited by, future changes in the factual matters set forth herein, and we undertake no duty to advise you of the same. The opinion expressed herein is based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement this opinion should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinion, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.

 

(b)          We express no opinion herein as to the Exchange Notes.

 

(c)          Our opinion contained herein may be limited by and is subject to (i) applicable bankruptcy, insolvency, reorganization, arrangement, receivership, moratorium or similar laws affecting or relating to the rights and remedies of creditors generally including, without limitation, laws relating to fraudulent transfers or conveyances, preferences and equitable subordination, (ii) general principles of equity and equitable defenses (regardless of whether considered in a proceeding in equity or at law) and (iii) an implied covenant of good faith and fair dealing.

 

(d)          Our opinion is further subject to the effect of generally applicable rules of law arising from statutes, judicial and administrative decisions, and the rules and regulations of governmental authorities that: (i) limit or affect the enforcement of provisions of a contract that purport to require waiver of the obligations of good faith, fair dealing, diligence and reasonableness; (ii) limit the availability of a remedy under certain circumstances where another remedy has been elected; (iii) limit the enforceability of provisions releasing, exculpating, or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves negligence, recklessness, willful misconduct or unlawful conduct; (iv) may, where less than all of the contract may be unenforceable, limit the enforceability of the balance of the contract to circumstances in which the unenforceable portion is not an essential part of the agreed exchange; and (v) govern and afford judicial discretion regarding the determination of damages and entitlement to attorneys’ fees.

 

 

 

  

Montgomery, McCracken, Walker & Rhoads, LLP

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 5

 

(e)          We express no opinion as to:

 

(i)          the enforceability of (A) any provision of the Indenture, the Exchange Notes or the Guarantees (collectively, the “ Operative Documents ”) purporting or attempting to (1) confer exclusive jurisdiction and/or venue upon certain courts or otherwise waive the defenses of forum non conveniens or improper venue, (2) confer subject matter jurisdiction on a court not having independent grounds therefor, (3) modify or waive the requirements for effective service of process for any action that may be brought, (4) waive the right of the Parent or any other person, including the Subsidiary Guarantors, to a trial by jury, (5) provide that remedies are cumulative or that decisions by a party are conclusive, (6) modify or waive the rights to notice, legal defenses, statutes of limitations or other benefits that cannot be waived under applicable law, or (7) provide for or grant a power attorney, or (B) any provision of the Indenture, the Exchange Notes or the Guarantees relating to choice of law, or that authorizes the acceleration of the obligations under a Guarantee notwithstanding a stay or other prohibition preventing such acceleration in respect of the obligations guaranteed; or

 

(ii)         the enforceability of (A) any rights to indemnification or contribution provided for in the Operative Documents which are violative of public policy underlying any law, rule or regulation (including any federal or state securities law, rule or regulation) or the legality of such rights, (B) any provisions in the Operative Documents purporting to provide to the Trustee or any other person the right to receive costs and expenses beyond those reasonably incurred by it, or (C) provisions in the Operative Documents whose terms are left open for later resolution by the parties.

 

(f)          Enforceability of the Guarantees is further subject to the qualification that certain waivers, procedures, remedies, and other provisions of the Guarantees may be unenforceable under or limited by the laws of the Commonwealth of Pennsylvania; however, such laws do not in our opinion, substantially prevent the practical realization of the benefits intended by the Guarantees, except that the application of principles of guaranty and suretyship to the acts or omissions of the holder of the Guarantees after execution and delivery of such Guarantees may prevent the practical realization of the benefits intended by the Guarantees through a release or discharge of one or more Guarantors.

 

(g)          We express no opinion as to whether a subsidiary may guarantee or otherwise be liable for indebtedness incurred by its parent except to the extent that such subsidiary may be determined to have benefited from the incurrence of the indebtedness by its parent or whether such benefit may be measured other than by the extent to which the proceeds of the indebtedness incurred by its parent are, directly or indirectly, made available to such subsidiary for its corporate or other analogous purposes.

 

 

 

  

Montgomery, McCracken, Walker & Rhoads, LLP

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 6

 

We do not render any opinions except as expressly set forth above and no opinions may be inferred or are implied. The opinion set forth herein is made as of the date hereof. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of our name therein and in the related prospectus under the caption “Legal Matters.” In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

 

  Very truly yours,
   
  /s/ Montgomery, McCracken, Walker & Rhoads, LLP
   
  Montgomery, McCracken, Walker & Rhoads, LLP

 

MMWR:JTS:BMC

 

 

 

  

Schedule I

 

Opinion Subsidiaries

 

Subsidiary   State or Other
Jurisdiction
of Formation
Pavillion North Partners, LLC   Pennsylvania
Pavillion North, LLP   Pennsylvania
Pavillion Nursing Center North, LLC   Pennsylvania
Bala Cynwyd Real Estate, LP   Pennsylvania

 

 

 


Exhibit 8.1

 

 

November 12, 2015

 

Omega Healthcare Investors, Inc.

200 International Circle

Suite 3500

Hunt Valley, MD 21030

 

RE: Certain Material United States Federal Income Tax Considerations

 

Ladies and Gentlemen:

 

You have requested our opinion concerning certain material United States federal income tax considerations in connection with the offer (the “ Exchange Offer ”) by Omega Healthcare Investors, Inc., a Maryland corporation (the “ Company ”), to exchange up to $600,000,000 in aggregate principal amount of the Company’s registered 5.250% Senior Notes due 2026 for an equal aggregate principal amount of its existing 5.250% Senior Notes due 2026 issued and outstanding in the aggregate principal amount of $600,000,000, pursuant to a Registration Statement on Form S-4 to be filed with the Securities and Exchange Commission (the “ Registration Statement ”). We have acted as counsel to the Company in connection with, and have participated in the preparation of, the Registration Statement.

 

In rendering our opinion, we have examined and relied on originals or copies certified or otherwise identified to our satisfaction of (i) the Articles of Incorporation, the Articles of Amendment, Articles of Amendment and Restatement, and Articles Supplementary thereto, of the Company and its subsidiaries, (ii) the statements and representations made in the Registration Statement, and (iii) such other documents, certificates, and records as we have deemed necessary or appropriate. We also have relied upon factual statements and representations made to us by representatives of the Company that are set forth in a certificate executed and provided to us by the Company (the “ Officers’ Certificate ”). With respect to the ownership of stock of the Company for certain periods prior to March 8, 2004, we also have relied on a letter from Explorer Holdings, L.P., regarding the ownership of stock of the Company by Explorer Holdings, L.P., Explorer Holdings Level II, L.P., and Hampstead Investment Partners III, L.P. (the “ Representation Letter ”). For purposes of this opinion, we have assumed the validity and accuracy of the documents, certificates and records set forth above, and that the statements and representations made therein are and will remain true and complete. We also have assumed, without independently verifying the facts, that the Registration Statement, the Officers’ Certificate, and the Representation Letter, and such other documents, certificates and records and that the statements as to factual matters contained in the Registration Statement, the Officers’ Certificate, and the Representation Letter, and such other documents, certificates and records are true, correct and complete and will continue to be true, correct and complete through the completion of the transactions contemplated therein. For purposes of this opinion, however, we have not assumed the correctness of any statement to the effect that the Company qualifies as a real estate investment trust (“ REIT ”) under the Internal Revenue Code of 1986, as amended (the “ Code ”), and the rules and regulations promulgated thereunder (the “ Regulations ”).

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 2

 

In our examination, we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, conformed or photo copies, and the authenticity of the originals of such copies, or by facsimile or other means of electronic transmission, or which we obtained from the Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval system (“ Edgar ”) or other sites maintained by a court or governmental authority or regulatory body and the authenticity of the originals of such latter documents. If any documents we examined in printed, word processed or similar form has been filed with the Securities and Exchange Commission on Edgar or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. In making our examination of documents executed, or to be executed, by the parties indicated therein, we have assumed that each party (other than the Company) has, or will have, the power, corporate or other, to enter into and perform all obligations thereunder and we have also assumed the due authorization by all requisite action, corporate or other, and the execution and delivery by such parties and the validity and binding effect thereof on such parties. All of the documents we have reviewed will be complied with without waiver. Finally, in connection with the opinions rendered below, we have assumed that, during its taxable year ended December 31, 1992, and in each subsequent taxable year to present, the Company has operated and will continue to operate in such a manner that makes and will continue to make the representations contained in the Officers’ Certificate true for each of such years, as of the date hereof, and any representation made as a belief, made “to the knowledge of,” or made in a similarly qualified manner is true, correct, and complete, as of the date hereof, without such qualification.

 

In rendering our opinion, we have considered the applicable provisions of the Code, the Regulations, pertinent judicial authorities, interpretive rulings of the Internal Revenue Service and such other authorities as we have considered relevant, all in effect as of the date hereof. It should be noted that statutes, regulations, judicial decisions and administrative interpretations are subject to change at any time (possibly with retroactive effect). A change in the authorities or the accuracy or completeness of any of the information, documents, certificates, records, statements, representations, covenants, or assumptions on which our opinion is based could affect our conclusions.

 

Based on the foregoing, in reliance thereon and subject thereto and to the limitations stated below, it is our opinion that:

 

 

 

 

Omega Healthcare Investors, Inc.

November 12, 2015

Page 3

 

(a)          From and including the Company’s taxable year ended December 31, 1992, the Company was and is organized in conformity with the requirements for, its actual method of operation through the date hereof has permitted, and its proposed methods of operations as described in the Officers’ Certificate and the Registration Statement will permit, the Company to meet the requirements for, qualification and taxation as a REIT under the Code, and the Company has qualified and will so qualify, and the Company will continue to meet such requirements and qualify as a REIT after consummation of the contemplated transactions and the application of the proceeds, if any, from the offering of the Notes by the Company as described in the Registration Statement.

 

(b)          The discussion in the Registration Statement under the heading “CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS,” in so far as such statements constitute a summary of U.S. federal tax matters, fairly and accurately summarizes such matters in all material respects.

 

The Company’s qualification and taxation as a REIT depend upon the Company’s ability to meet on a continuing basis, through actual annual operating and other results, the various requirements under the Code with regard to, among other things, the sources of its gross income, the composition of its assets, the level of its distributions to stockholders, the diversity of its stock ownership, and various other qualification tests imposed under the Code. We will not review the Company’s compliance with these requirements on a continuing basis. Accordingly, no assurance can be given that the actual results of the operations of the Company and its subsidiaries, the sources of their income, the nature of their assets, the level of the Company’s distributions to stockholders, and the diversity of its stock ownership for any given taxable year will satisfy the requirements for qualification and taxation as a REIT under the Code and conform to the representations in the Officers’ Certificate.

 

Except as set forth above, we express no opinion to any party as to the tax consequences, whether federal, state, local or foreign, of the Exchange Offer or any transaction related thereto or contemplated thereby. We consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to Bryan Cave LLP under the heading “Legal Matters” in the Registration Statement. This opinion is expressed as of the date hereof, and we are under no obligation to advise you of, supplement, or revise our opinion to reflect, any changes (including changes that have retroactive effect) in applicable law or any information, document, certificate, record, statement, representation, covenant or assumption relied upon herein that becomes incorrect or untrue.

 

Very truly yours,  
   
/s/ Bryan Cave LLP  
   
Bryan Cave LLP  

 

 

 

 

Exhibit 12.1

 

RATIO OF EARNINGS TO FIXED CHARGES

 

The following table sets forth our ratio of earnings to fixed charges on a reported basis for the periods indicated. Earnings consist of income from continuing operations plus fixed charges. Fixed charges consist of interest expense, amortization of deferred financing costs and costs related to retiring certain debt early. We have calculated the ratio of earnings to fixed charges by adding net income from continuing operations to fixed charges and dividing that sum by such fixed charges.

 

          Nine Months Ended  
    Year Ended December 31,     September 30,  
    2010     2011     2012     2013     2014     2015  
                                     
 Income   $ 58,436     $ 52,606     $ 120,689     $ 172,521     $ 221,349     $ 169,772  
Interest Expense     90,602       86,899       106,096       92,048       126,869       122,173  
Income before fixed charges   $ 149,038     $ 139,505     $ 226,794     $ 264,569     $ 348,218     $ 291,945  
                                                 
Capitalized Interest   $ 22     $ 139     $ 240     $ 190     $     $ 1,945  
Interest Expense   $ 90,602     $ 86,899     $ 106,096     $ 92,048     $ 126,869     $ 122,173  
Total Fixed Charges   $ 90,624     $ 87,038     $ 106,336     $ 92,238     $ 126,869     $ 124,118  
Earnings / Fixed Charge coverage ratio     1.6 x     1.6 x     2.1 x     2.9 x     2.7 x     2.4 x

 

     

 

 

Exhibit 21

 

OMEGA HEALTHCARE INVESTORS, INC.

SUBSIDIARY LIST

(As of November 10, 2015)

 

Subsidiary Name

 

Home
State

1040 Wedding Ford Road, LLC Arkansas
1101 Waterwell Road, LLC Arkansas
1149 & 1151 West New Hope Road, LLC Arkansas
115 Orendorff Avenue, LLC Arkansas
11900 East Artesia Boulevard, LLC California
1194 North Chester Street, LLC Arkansas
1200 Ely Street Holdings Co. LLC Michigan
13922 Cerise Avenue, LLC California
1401 Park Avenue, LLC Arkansas
1628 B Street, LLC California
202 Tims Avenue, LLC Arkansas
228 Pointer Trail West, LLC Arkansas
2400 Parkside Drive, LLC California
2425 Teller Avenue, LLC Colorado
245 East Wilshire Avenue, LLC California
2701 Twin Rivers Drive, LLC Arkansas
305 West End Avenue Property, L.L.C. Delaware
3232 Artesia Real Estate, LLC California
3600 Richards Road, LLC Arkansas
3806 Clayton Road, LLC California
42235 County Road Holdings Co. LLC Michigan
446 Sycamore Road, L.L.C. Delaware
48 High Point Road, LLC Maryland
523 Hayes Lane, LLC California
637 East Romie Lane, LLC California
700 Mark Drive, LLC Arkansas
900 Magnolia Road SW, LLC Arkansas
Alamogordo Aviv, L.L.C. New Mexico
Albany Street Property, L.L.C. Delaware
Arizona Lessor - Infinia, LLC Maryland
Arkansas Aviv, L.L.C. Delaware
Arma Yates, L.L.C. Delaware
Avery Street Property, L.L.C Delaware
Aviv Asset Management, L.L.C. Delaware
Aviv Financing I, L.L.C. Delaware
Aviv Financing II, L.L.C. Delaware
Aviv Financing III, L.L.C. Delaware
Aviv Financing IV, L.L.C. Delaware
Aviv Financing V, L.L.C. Delaware
Aviv Financing VI, L.L.C. Delaware
Aviv Foothills, L.L.C. Delaware
Aviv Healthcare Capital Corporation Delaware
Aviv Healthcare Properties Operating Partnership I, L.P. Delaware
Aviv Liberty, L.L.C. Delaware
Aviv OP Limited Partner, L.L.C. Delaware
Avon Ohio, L.L.C. Delaware

 

     

 

  

Subsidiary Name

 

Home
State

Bala Cynwyd Real Estate, LP Pennsylvania
Bayside Colorado Healthcare Associates, LLC Colorado
Bayside Street II, LLC Delaware
Bayside Street, LLC Maryland
Belleville Illinois, L.L.C. Delaware
Bellingham II Associates, L.L.C. Delaware
Bethel ALF Property, L.L.C. Delaware
BHG Aviv, L.L.C. Delaware
Biglerville Road, L.L.C. Delaware
Bonham Texas, L.L.C. Delaware
Bradenton ALF Property, L.L.C. Delaware
Brewster ALF Property, L.L.C. Delaware
Burton NH Property, L.L.C. Delaware
California Aviv Two, L.L.C. Delaware
California Aviv, L.L.C. Delaware
Camas Associates, L.L.C. Delaware
Canton Health Care Land, LLC Ohio
Carnegie Gardens LLC Delaware
Casa/Sierra California Associates, L.L.C. Delaware
CFG 2115 Woodstock Place LLC Delaware
Champaign Williamson Franklin, L.L.C. Delaware
Chardon Ohio Property Holdings, L.L.C. Delaware
Chardon Ohio Property, L.L.C. Delaware
Chatham Aviv, L.L.C. Delaware
Chenal Arkansas, L.L.C. Delaware
Chippewa Valley, L.L.C. Illinois
CHR Bartow LLC Delaware
CHR Boca Raton LLC Delaware
CHR Bradenton LLC Delaware
CHR Cape Coral LLC Delaware
CHR Clearwater Highland LLC Delaware
CHR Clearwater LLC Delaware
CHR Deland East LLC Delaware
CHR Deland West LLC Delaware
CHR Fort Myers LLC Delaware
CHR Fort Walton Beach LLC Delaware
CHR Gulfport LLC Delaware
CHR Hudson LLC Delaware
CHR Lake Wales LLC Delaware
CHR Lakeland LLC Delaware
CHR Panama City LLC Delaware
CHR Pompano Beach Broward LLC Delaware
CHR Pompano Beach LLC Delaware
CHR Sanford LLC Delaware
CHR Sarasota LLC Delaware
CHR Spring Hill LLC Delaware
CHR St. Pete Abbey LLC Delaware
CHR St. Pete Bay LLC Delaware
CHR St. Pete Egret LLC Delaware
CHR Tampa Carrollwood LLC Delaware
CHR Tampa LLC Delaware
CHR Tarpon Springs LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

CHR Titusville LLC Delaware
CHR West Palm Beach LLC Delaware
Clarkston Care, L.L.C. Delaware
Clayton Associates, L.L.C. New Mexico
Colonial Gardens, LLC Ohio
Colonial Madison Associates, L.L.C. Delaware
Colorado Lessor - Conifer, LLC Maryland
Columbus Texas Aviv, L.L.C. Delaware
Columbus Western Avenue, L.L.C. Delaware
Colville Washington Property, L.L.C. Delaware
Commerce Nursing Homes, L.L.C. Illinois
Commerce Sterling Hart Drive, L.L.C. Delaware
Conroe Rigby Owen Road, L.L.C. Delaware
CR Aviv, L.L.C. Delaware
Crete Plus Five Property, L.L.C. Delaware
Crooked River Road, L.L.C. Delaware
CSE Albany LLC Delaware
CSE Amarillo LLC Delaware
CSE Arden L.P. Delaware
CSE Augusta LLC Delaware
CSE Bedford LLC Delaware
CSE Blountville LLC Delaware
CSE Bolivar LLC Delaware
CSE Cambridge LLC Delaware
CSE Cambridge Realty LLC Delaware
CSE Camden LLC Delaware
CSE Canton LLC Delaware
CSE Casablanca Holdings II LLC Delaware
CSE Casablanca Holdings LLC Delaware
CSE Cedar Rapids LLC Delaware
CSE Centennial Village, LP Delaware
CSE Chelmsford LLC Delaware
CSE Chesterton LLC Delaware
CSE Claremont LLC Delaware
CSE Corpus North LLC Delaware
CSE Denver Iliff LLC Delaware
CSE Denver LLC Delaware
CSE Douglas LLC Delaware
CSE Elkton LLC Delaware
CSE Elkton Realty LLC Delaware
CSE Fairhaven LLC Delaware
CSE Fort Wayne LLC Delaware
CSE Frankston LLC Delaware
CSE Georgetown LLC Delaware
CSE Green Bay LLC Delaware
CSE Hilliard LLC Delaware
CSE Huntingdon LLC Delaware
CSE Huntsville LLC Delaware
CSE Indianapolis-Continental LLC Delaware
CSE Indianapolis-Greenbriar LLC Delaware
CSE Jacinto City LLC Delaware
CSE Jefferson City LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

CSE Jeffersonville-Hillcrest Center LLC Delaware
CSE Jeffersonville-Jennings House LLC Delaware
CSE Kerrville LLC Delaware
CSE King L.P. Delaware
CSE Kingsport LLC Delaware
CSE Knightdale L.P. Delaware
CSE Lake City LLC Delaware
CSE Lake Worth LLC Delaware
CSE Lakewood LLC Delaware
CSE Las Vegas LLC Delaware
CSE Lawrenceburg LLC Delaware
CSE Lenoir L.P. Delaware
CSE Lexington Park LLC Delaware
CSE Lexington Park Realty LLC Delaware
CSE Ligonier LLC Delaware
CSE Live Oak LLC Delaware
CSE Lowell LLC Delaware
CSE Marianna Holdings LLC Delaware
CSE Memphis LLC Delaware
CSE Mobile LLC Delaware
CSE Moore LLC Delaware
CSE North Carolina Holdings I LLC Delaware
CSE North Carolina Holdings II LLC Delaware
CSE Omro LLC Delaware
CSE Orange Park LLC Delaware
CSE Orlando-Pinar Terrace Manor LLC Delaware
CSE Orlando-Terra Vista Rehab LLC Delaware
CSE Pennsylvania Holdings, LP Delaware
CSE Piggott LLC Delaware
CSE Pilot Point LLC Delaware
CSE Pine View LLC Delaware
CSE Ponca City LLC Delaware
CSE Port St. Lucie LLC Delaware
CSE Richmond LLC Delaware
CSE Ripley LLC Delaware
CSE Ripon LLC Delaware
CSE Safford LLC Delaware
CSE Salina LLC Delaware
CSE Seminole LLC Delaware
CSE Shawnee LLC Delaware
CSE Spring Branch LLC Delaware
CSE Stillwater LLC Delaware
CSE Taylorsville LLC Delaware
CSE Texarkana LLC Delaware
CSE Texas City LLC Delaware
CSE The Village LLC Delaware
CSE Upland LLC Delaware
CSE Walnut Cove L.P. Delaware
CSE West Point LLC Delaware
CSE Whitehouse LLC Delaware
CSE Williamsport LLC Delaware
CSE Winter Haven LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

CSE Woodfin L.P. Delaware
CSE Yorktown LLC Delaware
Cuyahoga Falls Property II, L.L.C. Delaware
Cuyahoga Falls Property, L.L.C. Delaware
Dallas Two Property, L.L.C. Delaware
Danbury ALF Property, L.L.C. Delaware
Darien ALF Property, L.L.C. Delaware
Deerfield Class B, L.L.C. Delaware
Delta Investors I, LLC Maryland
Delta Investors II, LLC Maryland
Denison Texas, L.L.C. Delaware
Desert Lane LLC Delaware
Dixie White House Nursing Home, LLC Mississippi
Dixon Health Care Center, LLC Ohio
DWC Finance, L.L.C. Delaware
East Rollins Street, L.L.C. Delaware
Edgewood Drive Property, L.L.C. Delaware
Effingham Associates, L.L.C. Illinois
Elite Mattoon, L.L.C. Delaware
Elite Yorkville, L.L.C. Delaware
Encanto Senior Care, LLC Arizona
Falcon Four Property Holding, L.L.C. Delaware
Falcon Four Property, L.L.C. Delaware
Falfurrias Texas, L.L.C. Delaware
Financing VI Healthcare Property, L.L.C. Delaware
Florida ALF Properties, L.L.C. Delaware
Florida Four Properties, L.L.C. Delaware
Florida Lessor – Meadowview, LLC Maryland
Florida Real Estate Company, LLC Florida
Fort Stockton Property, L.L.C. Delaware
Fountain Associates, L.L.C. Delaware
Four Fountains Aviv, L.L.C. Delaware
Fredericksburg South Adams Street, L.L.C. Delaware
Freewater Oregon, L.L.C. Delaware
Fullerton California, L.L.C. Delaware
G&L Gardens, LLC Arizona
Gardnerville Property, L.L.C. Delaware
Georgia Lessor - Bonterra/Parkview, LLC Maryland
Germantown Property, L.L.C. Delaware
Giltex Care, L.L.C. Delaware
Glendale NH Property, L.L.C. Delaware
Golden Hill Real Estate Company, LLC California
Gonzales Texas Property, L.L.C. Delaware
Great Bend Property, L.L.C. Delaware
Greenbough, LLC Delaware
Greenville Kentucky Property, L.L.C. Delaware
Heritage Monterey Associates, L.L.C. Illinois
HHM Aviv, L.L.C. Delaware
Hidden Acres Property, L.L.C. Delaware
Highland Leasehold, L.L.C. Delaware
Hobbs Associates, L.L.C. Illinois
Hot Springs Atrium Owner, LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

Hot Springs Aviv, L.L.C. Delaware
Hot Springs Cottages Owner, LLC Delaware
Hot Springs Marina Owner, LLC Delaware
Houston Texas Aviv, L.L.C. Delaware
Hutchinson Kansas, L.L.C. Delaware
Hutton I Land, LLC Ohio
Hutton II Land, LLC Ohio
Hutton III Land, LLC Ohio
Idaho Associates, L.L.C. Illinois
Illinois Missouri Properties, L.L.C. Delaware
Indiana Lessor – Wellington Manor, LLC Maryland
Iowa Lincoln County Property, L.L.C. Delaware
Jasper Springhill Street, L.L.C. Delaware
Kansas Five Property, L.L.C. Delaware
Karan Associates Two, L.L.C. Delaware
Karan Associates, L.L.C. Delaware
Karissa Court Property, L.L.C. Delaware
KB Northwest Associates, L.L.C. Delaware
Kentucky NH Properties, L.L.C. Delaware
Kingsville Texas, L.L.C. Delaware
LAD I Real Estate Company, LLC Delaware
Leatherman 90-1, LLC Ohio
Leatherman Partnership 89-1, LLC Ohio
Leatherman Partnership 89-2, LLC Ohio
Louisville Dutchmans Property, L.L.C. Delaware
Magnolia Drive Property, L.L.C. Delaware
Manor Associates, L.L.C. Delaware
Mansfield Aviv, L.L.C. Delaware
Massachusetts Nursing Homes, L.L.C. Delaware
McCarthy Street Property, L.L.C. Delaware
Meridian Arms Land, LLC Ohio
Minnesota Associates, L.L.C. Delaware
Mishawaka Property, L.L.C. Delaware
Missouri Associates, L.L.C. Delaware
Missouri Regency Associates, L.L.C. Delaware
Montana Associates, L.L.C. Illinois
Monterey Park Leasehold Mortgage, L.L.C. Delaware
Mount Washington Property, L.L.C. Delaware
Mt. Vernon Texas, L.L.C. Delaware
Murray County, L.L.C. Delaware
Muscatine Toledo Properties, L.L.C. Delaware
N.M. Bloomfield Three Plus One Limited Company New Mexico
N.M. Espanola Three Plus One Limited Company New Mexico
N.M. Lordsburg Three Plus One Limited Company New Mexico
N.M. Silver City Three Plus One Limited Company New Mexico
New Hope Property, L.L.C. Delaware
Newtown ALF Property, L.L.C. Delaware
Nicholasville Kentucky Property, L.L.C. Delaware
North Las Vegas LLC Delaware
North Royalton Ohio Property, L.L.C. Delaware
Norwalk ALF Property, L.L.C. Delaware
NRS Ventures, L.L.C. Delaware

 

     

 

  

Subsidiary Name

 

Home
State

Oakland Nursing Homes, L.L.C. Delaware
Ocean Springs Nursing Home, LLC Mississippi
October Associates, L.L.C. Delaware
Ogden Associates, L.L.C. Delaware
OHI (Connecticut) , LLC Connecticut
OHI (Illinois), LLC Illinois
OHI (Indiana) , LLC Indiana
OHI (Iowa) , LLC Iowa
OHI Anglia Care Ltd (f/k/a Anglia Care Limited) UK Reg. No.: 01375652
OHI Asset (AR) Ash Flat, LLC Delaware
OHI Asset (AR) Camden, LLC Delaware
OHI Asset (AR) Conway, LLC Delaware
OHI Asset (AR) Des Arc, LLC Delaware
OHI Asset (AR) Hot Springs, LLC Delaware
OHI Asset (AR) Malvern, LLC Delaware
OHI Asset (AR) Mena, LLC Delaware
OHI Asset (AR) Pocahontas, LLC Delaware
OHI Asset (AR) Sheridan, LLC Delaware
OHI Asset (AR) Walnut Ridge, LLC Delaware
OHI Asset (AZ) Austin House, LLC Delaware
OHI Asset (AZ) Tucson, LLC Delaware
OHI Asset (CA), LLC Delaware
OHI Asset (CO), LLC Delaware
OHI Asset (CT) Lender, LLC Delaware
OHI Asset (FL) Eustis , LLC Delaware
OHI Asset (FL) Lake Placid, LLC Delaware
OHI Asset (FL) Lender, LLC Delaware
OHI Asset (FL) Lutz, LLC Delaware
OHI Asset (FL) Pasco , LLC Delaware
OHI Asset (FL) Pensacola - Hillview , LLC Delaware
OHI Asset (FL) Pensacola , LLC Delaware
OHI Asset (FL), LLC Delaware
OHI Asset (GA) Dunwoody, LLC Delaware
OHI Asset (GA) Macon, LLC Delaware
OHI Asset (GA) Moultrie, LLC Delaware
OHI Asset (GA) Roswell, LLC Delaware
OHI Asset (GA) Snellville, LLC Delaware
OHI Asset (ID) Holly, LLC Delaware
OHI Asset (ID) Midland, LLC Delaware
OHI Asset (ID), LLC Delaware
OHI Asset (IL), LLC Delaware
OHI Asset (IN) American Village, LLC Delaware
OHI Asset (IN) Anderson, LLC Delaware
OHI Asset (IN) Beech Grove, LLC Delaware
OHI Asset (IN) Clarksville, LLC Delaware
OHI Asset (IN) Clinton, LLC Delaware
OHI Asset (IN) Connersville, LLC Delaware
OHI Asset (IN) Crown Point, LLC Delaware
OHI Asset (IN) Eagle Valley, LLC Delaware
OHI Asset (IN) Elkhart, LLC Delaware
OHI Asset (IN) Forest Creek, LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

OHI Asset (IN) Fort Wayne, LLC Delaware
OHI Asset (IN) Franklin, LLC Delaware
OHI Asset (IN) Greensburg, LLC Delaware
OHI Asset (IN) Indianapolis, LLC Delaware
OHI Asset (IN) Jasper, LLC Delaware
OHI Asset (IN) Kokomo, LLC Delaware
OHI Asset (IN) Lafayette, LLC Delaware
OHI Asset (IN) Madison, LLC Delaware
OHI Asset (IN) Monticello, LLC Delaware
OHI Asset (IN) Noblesville, LLC Delaware
OHI Asset (IN) Rosewalk, LLC Delaware
OHI Asset (IN) Salem, LLC Delaware
OHI Asset (IN) Seymour, LLC Delaware
OHI Asset (IN) Spring Mill, LLC Delaware
OHI Asset (IN) Terre Haute, LLC Delaware
OHI Asset (IN) Wabash, LLC Delaware
OHI Asset (IN) Westfield, LLC Delaware
OHI Asset (IN) Zionsville, LLC Delaware
OHI Asset (LA) Baton Rouge, LLC Delaware
OHI Asset (LA), LLC Delaware
OHI Asset (MD), LLC Delaware
OHI Asset (MI) Heather Hills, LLC Delaware
OHI Asset (MI), LLC Delaware
OHI Asset (MO), LLC Delaware
OHI Asset (MS) Byhalia, LLC Delaware
OHI Asset (MS) Cleveland, LLC Delaware
OHI Asset (MS) Clinton, LLC Delaware
OHI Asset (MS) Columbia, LLC Delaware
OHI Asset (MS) Corinth, LLC Delaware
OHI Asset (MS) Greenwood, LLC Delaware
OHI Asset (MS) Grenada, LLC Delaware
OHI Asset (MS) Holly Springs, LLC Delaware
OHI Asset (MS) Indianola, LLC Delaware
OHI Asset (MS) Natchez, LLC Delaware
OHI Asset (MS) Picayune, LLC Delaware
OHI Asset (MS) Vicksburg, LLC Delaware
OHI Asset (MS) Yazoo City, LLC Delaware
OHI Asset (NC) Wadesboro, LLC Delaware
OHI Asset (NY) 2nd Avenue, LLC Delaware
OHI Asset (NY) 93 rd Street, LLC Delaware
OHI Asset (OH) Lender, LLC Delaware
OHI Asset (OH), LLC Delaware
OHI Asset (OR) Portland, LLC Delaware
OHI Asset (OR) Troutdale, LLC Delaware
OHI Asset (PA) GP, LLC Delaware
OHI Asset (PA) West Mifflin, LP Delaware
OHI Asset (PA), LLC Delaware
OHI Asset (PA), LP Maryland
OHI Asset (SC) Aiken, LLC Delaware
OHI Asset (SC) Anderson, LLC Delaware
OHI Asset (SC) Easley Anne, LLC Delaware
OHI Asset (SC) Easley Crestview, LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

OHI Asset (SC) Edgefield, LLC Delaware
OHI Asset (SC) Greenville Griffith, LLC Delaware
OHI Asset (SC) Greenville Laurens, LLC Delaware
OHI Asset (SC) Greenville North, LLC Delaware
OHI Asset (SC) Greenville, LLC Delaware
OHI Asset (SC) Greer, LLC Delaware
OHI Asset (SC) Marietta, LLC Delaware
OHI Asset (SC) McCormick, LLC Delaware
OHI Asset (SC) Orangeburg, LLC Delaware
OHI Asset (SC) Pickens East Cedar, LLC Delaware
OHI Asset (SC) Pickens Rosemond, LLC Delaware
OHI Asset (SC) Piedmont, LLC Delaware
OHI Asset (SC) Simpsonville SE Main, LLC Delaware
OHI Asset (SC) Simpsonville West Broad, LLC Delaware
OHI Asset (SC) Simpsonville West Curtis, LLC Delaware
OHI Asset (TN) Bartlett, LLC Delaware
OHI Asset (TN) Collierville, LLC Delaware
OHI Asset (TN) Jefferson City, LLC Delaware
OHI Asset (TN) Memphis, LLC Delaware
OHI Asset (TN) Rogersville, LLC Delaware
OHI Asset (TX) Anderson, LLC Delaware
OHI Asset (TX) Bryan, LLC Delaware
OHI Asset (TX) Burleson, LLC Delaware
OHI Asset (TX) College Station, LLC Delaware
OHI Asset (TX) Comfort, LLC Delaware
OHI Asset (TX) Diboll, LLC Delaware
OHI Asset (TX) Granbury, LLC Delaware
OHI Asset (TX) Hondo, LLC Delaware
OHI Asset (TX) Italy, LLC Delaware
OHI Asset (TX) Schertz, LLC Delaware
OHI Asset (TX) Winnsboro, LLC Delaware
OHI Asset (TX), LLC Delaware
OHI Asset (UT) Ogden, LLC Delaware
OHI Asset (UT) Provo, LLC Delaware
OHI Asset (UT) Roy, LLC Delaware
OHI Asset (VA) Charlottesville, LLC Delaware
OHI Asset (VA) Farmville, LLC Delaware
OHI Asset (VA) Hillsville, LLC Delaware
OHI Asset (VA) Martinsville ALF, LLC Delaware
OHI Asset (VA) Martinsville SNF, LLC Delaware
OHI Asset (VA) Rocky Mount, LLC Delaware
OHI Asset (WA) Battle Ground, LLC Delaware
OHI Asset (WA) Fort Vancouver, LLC Delaware
OHI Asset (WA) Oak Harbor, LLC Delaware
OHI Asset (WV) Danville, LLC Delaware
OHI Asset (WV) Ivydale, LLC Delaware
OHI Asset CHG ALF, LLC Delaware
OHI Asset CSB LLC Delaware
OHI Asset CSE-E Subsidiary, LLC Delaware
OHI Asset CSE-E, LLC Delaware
OHI Asset CSE-U Subsidiary, LLC Delaware
OHI Asset CSE-U, LLC Delaware

 

     

 

  

Subsidiary Name

 

Home
State

OHI Asset DB Collateral Agent, LLC Delaware
OHI Asset HUD CFG, LLC Delaware
OHI Asset HUD Delta, LLC Delaware
OHI Asset HUD H-F, LLC Delaware
OHI Asset HUD SF CA, LLC Delaware
OHI Asset HUD SF, LLC Delaware
OHI Asset HUD WO, LLC Delaware
OHI Asset II (CA), LLC Delaware
OHI Asset II (FL), LLC Delaware
OHI Asset II (PA), LP Maryland
OHI Asset III (PA), LP Maryland
OHI Asset IV (PA) Silver Lake, LP Maryland
OHI Asset Management, LLC Delaware
OHI Asset RO PMM Services, LLC Delaware
OHI Asset RO, LLC Delaware
OHI Asset, LLC Delaware
OHI Beaumont Park Ltd (f/k/a Beaumont Park Limited) UK Reg.: 03213741
OHI Healthcare Homes (Central) Ltd (f/k/a Healthcare Homes (Central) Limited) UK Reg. No.: 03995046
OHI Healthcare Homes Ltd (f/k/a Healthcare Homes Ltd) UK Reg. No.: 05029866
OHI Healthcare Properties Holdco, Inc. Delaware
OHI Healthcare Properties Limited Partnership Delaware
OHI Hillings Ltd (f/k/a The Hillings Ltd) UK Reg. No.: 03995388
OHI Home Close Ltd (f/k/a Home Close Ltd) UK Reg. No.: 03995398
OHI Home Meadow Ltd (f/k/a Home Meadow Ltd) UK Reg. No.: 03995378
OHI Manor House (North Walsham Wood) Ltd (f/k/a The Manor House (North Walsham Wood) Ltd.) UK Reg. No: 03808976
OHI Mezz Lender, LLC Delaware
OHI Olive House RCH Ltd (f/k/a Olive House RCH Ltd) UK Reg. No.: 05599571
OHI Pri-Med Care Homes Ltd (f/k/a Pri-Med Care Homes Limited) UK Reg. No.: 02939745
OHI Pri-Med Group Developments Ltd (f/k/a Pri-Med Group Developments Limited) UK Reg. No.: 02467049
OHI Pri-Med Group Ltd (f/k/a Pri-Med Group Limited) UK Reg. No. 01241402
OHI Tennessee, LLC Maryland
OHI UK Healthcare Properties Ltd UK Reg. No.: 09532166
OHIMA, LLC Massachusetts
Ohio Aviv Three, L.L.C. Delaware
Ohio Aviv Two, L.L.C. Delaware
Ohio Aviv, L.L.C. Delaware
Ohio Indiana Property, L.L.C. Delaware
Ohio Pennsylvania Property, L.L.C. Delaware
Oklahoma Two Property, L.L.C. Delaware
Oklahoma Warr Wind, L.L.C. Delaware

 

     

 

 

Subsidiary Name

 

Home
State

Omaha Associates, L.L.C. Delaware
Omega TRS I, Inc. Maryland
Orange ALF Property, L.L.C. Delaware
Orange Village Care Center, LLC Ohio
Orange, L.L.C. Illinois
Oregon Associates, L.L.C. Delaware
Oso Avenue Property, L.L.C. Delaware
Ostrom Avenue Property, L.L.C. Delaware
Palm Valley Senior Care, LLC Arizona
Panama City Nursing Center LLC Delaware
Pavillion North Partners, LLC Pennsylvania
Pavillion North, LLP Pennsylvania
Pavillion Nursing Center North, LLC Pennsylvania
Peabody Associates Two, L.L.C. Delaware
Peabody Associates, L.L.C. Delaware
Pennington Road Property, L.L.C. Delaware
Pensacola Real Estate Holdings I, LLC Florida
Pensacola Real Estate Holdings II, LLC Florida
Pensacola Real Estate Holdings III, LLC Florida
Pensacola Real Estate Holdings IV, LLC Florida
Pensacola Real Estate Holdings V, LLC Florida
Pocatello Idaho Property, L.L.C. Delaware
Pomona Vista L.L.C. Illinois
Prescott Arkansas, L.L.C. Delaware
PV Realty-Clinton, LLC Maryland
PV Realty-Holly Hill, LLC Maryland
PV Realty-Kensington, LLC Maryland
PV Realty-Willow Tree, LLC Maryland
Raton Property Limited Company New Mexico
Ravenna Ohio Property, L.L.C. Delaware
Red Rocks, L.L.C. Illinois
Richland Washington, L.L.C. Delaware
Ridgecrest Senior Care, LLC Arizona
Riverside Nursing Home Associates Two, L.L.C. Delaware
Riverside Nursing Home Associates, L.L.C. Delaware
Rockingham Drive Property, L.L.C. Delaware
Rose Baldwin Park Property L.L.C. Illinois
S.C. Portfolio Property, L.L.C. Delaware
Salem Associates, L.L.C. Delaware
San Juan NH Property, LLC Delaware
Sandalwood Arkansas Property, L.L.C. Delaware
Santa Ana-Bartlett, L.L.C. Illinois
Santa Fe Missouri Associates, L.L.C. Illinois
Savoy/Bonham Venture, L.L.C. Delaware
Searcy Aviv, L.L.C. Delaware
Sedgwick Properties, L.L.C. Delaware
Seguin Texas Property, L.L.C. Delaware
Sierra Ponds Property, L.L.C. Delaware
Skyler Boyington, LLC Mississippi
Skyler Florida, LLC Mississippi
Skyler Maitland LLC Delaware
Skyler Pensacola, LLC Florida

 

     

 

 

Subsidiary Name

 

Home
State

Skyview Associates, L.L.C. Delaware
SLC Property Investors, LLC Delaware
Southeast Missouri Property, L.L.C. Delaware
Southern California Nevada, L.L.C. Delaware
St. Joseph Missouri Property, L.L.C. Delaware
St. Mary’s Properties, LLC Ohio
Star City Arkansas, L.L.C. Delaware
STBA Properties, L.L.C. Delaware
Stephenville Texas Property, L.L.C. Delaware
Sterling Acquisition, LLC Kentucky
Stevens Avenue Property, L.L.C. Delaware
Sun-Mesa Properties, L.L.C. Illinois
Suwanee, LLC Delaware
Texas Fifteen Property, L.L.C. Delaware
Texas Four Property, L.L.C. Delaware
Texas Lessor – Stonegate GP, LLC Maryland
Texas Lessor – Stonegate, Limited, LLC Maryland
Texas Lessor – Stonegate, LP Maryland
Texhoma Avenue Property, L.L.C. Delaware
The Suburban Pavilion, LLC Ohio
Tujunga, L.L.C. Delaware
Tulare County Property, L.L.C. Delaware
Twinsburg Ohio Property, L.L.C. Delaware
VRB Aviv, L.L.C. Delaware
Washington Idaho Property, L.L.C. Delaware
Washington Lessor – Silverdale, LLC Maryland
Washington-Oregon Associates, L.L.C. Illinois
Watauga Associates, L.L.C. Illinois
Wellington Leasehold, L.L.C. Delaware
West Pearl Street, L.L.C. Delaware
West Yarmouth Property I, L.L.C. Delaware
West Yarmouth Property II, L.L.C. Delaware
Westerville Ohio Office Property, L.L.C. Delaware
Weston ALF Property, L.L.C. Delaware
Wheeler Healthcare Associates, L.L.C. Texas
Whitlock Street Property, L.L.C. Delaware
Wilcare, LLC Ohio
Willis Texas Aviv, L.L.C. Delaware
Yuba Aviv, L.L.C. Delaware

 

*     *     *

 

     

 

Exhibit 23.1

      

Consent of Independent Registered Public Accounting Firm

 

We consent to the reference to our firm under the caption "Experts" in the Registration Statement (Form S-4 No. 333 -       ) and related Prospectus of Omega Healthcare Investors, Inc. for the exchange of $600,000,000 of 5.250% Senior Notes due 2026 offered under a private placement for $600,000,000 of 5.250% Senior Notes due 2026 which have been registered under the Securities Act of 1933, as amended, and to the incorporation by reference therein of our reports dated February 27, 2015, with respect to the consolidated financial statements and schedules of Omega Healthcare Investors, Inc., and the effectiveness of internal control over financial reporting of Omega Healthcare Investors, Inc., included in its Annual Report (Form 10-K), as amended, for the year ended December 31, 2014, filed with the Securities and Exchange Commission.

 

  /s/ Ernst & Young LLP
   
Baltimore, Maryland  
November 10, 2015  

 

 

 

 

Exhibit 23.2

   

Consent of Independent Registered Public Accounting Firm

 

We consent to the reference to our firm under the caption "Experts" in the Registration Statement (Form S-4 No. 333 -        ) and related Prospectus of Omega Healthcare Investors, Inc. for the exchange of $600,000,000 of 5.250% Senior Notes due 2026 offered under a private placement for $600,000,000 of 5.250% Senior Notes due 2026 which have been registered under the Securities Act of 1933, as amended, and to the incorporation by reference therein of our reports dated February 26, 2015, with respect to the consolidated financial statements and schedules of Aviv REIT, Inc. and Aviv Healthcare Properties Limited Partnership, and the effectiveness of internal control over financial reporting of Aviv REIT, Inc. and Aviv Healthcare Properties Limited Partnership, included in their Annual Report (Form 10-K) for the year ended December 31, 2014, filed with the Securities and Exchange Commission.

 

/s/ Ernst & Young LLP  
Chicago, Illinois  
November 10, 2015  

 

 

 

 

Exhibit 25

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  

 

 

FORM T-1

 

Statement of Eligibility Under

The Trust Indenture Act of 1939 of a

Corporation Designated to Act as Trustee

Check if an Application to Determine Eligibility of

a Trustee Pursuant to Section 305(b)(2)

  

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall    
Minneapolis, Minnesota   55402
(Address of principal executive offices)   (Zip Code)

 

David Ferrell

U.S. Bank National Association

1349 West Peachtree Street, Suite 1050

Atlanta, GA 30309

(404) 898-8821

(Name, address and telephone number of agent for service)

 

Omega Healthcare Investors, Inc.

And the Subsidiary Guarantors Listed on Schedule A

(Issuer with respect to the Securities)

Maryland   38-3041398
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

200 International Circle, Suite 3500    
Hunt Valley, Maryland   21030
(Address of Principal Executive Offices)   (Zip Code)

 

5.250% Senior Secured Notes Due 2026

(Title of the Indenture Securities)

  

 

 

 

 

 

Schedule A

 

Subsidiary Guarantors

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
11900 East Artesia Boulevard, LLC   California   6798   90-0266391
1200 Ely Street Holdings Co. LLC   Michigan   6798   26-3524594
13922 Cerise Avenue, LLC   California   6798   71-0976970
1628 B Street, LLC   California   6798   30-0482286
2400 Parkside Drive, LLC   California   6798   30-0482288
2425 Teller Avenue, LLC   Colorado   6798   20-5672217
245 East Wilshire Avenue, LLC   California   6798   90-0266386
3232 Artesia Real Estate, LLC   California   6798   65-1232714
3806 Clayton Road, LLC   California   6798   90-0266403
42235 County Road Holdings Co. LLC   Michigan   6798   83-0500167
446 Sycamore Road, L.L.C.   Delaware   6798   32-0380782
48 High Point Road, LLC   Maryland   6798   27-2498824
523 Hayes Lane, LLC   California   6798   45-1777721
637 East Romie Lane, LLC   California   6798   90-0266404
Alamogordo Aviv, L.L.C.   New Mexico   6798   27-0123540
Albany Street Property, L.L.C.   Delaware   6798   61-1754256
Arizona Lessor – Infinia, LLC   Maryland   6798   32-0008074
Arkansas Aviv, L.L.C.   Delaware   6798   30-0509615
Arma Yates, L.L.C.   Delaware   6798   27-3971035
Avery Street Property, L.L.C   Delaware   6798   36-4775490
Aviv Asset Management, L.L.C.   Delaware   6798   30-0305067
Aviv Financing I, L.L.C.   Delaware   6798   11-3747125
Aviv Financing II, L.L.C.   Delaware   6798   36-4597042
Aviv Financing III, L.L.C.   Delaware   6798   36-4641210
Aviv Financing IV, L.L.C.   Delaware   6798   27-0836481
Aviv Financing V, L.L.C.   Delaware   6798   27-0836548
Aviv Foothills, L.L.C.   Delaware   6798   36-4572035
Aviv Healthcare Capital Corporation   Delaware   6798   27-4536064
Aviv Healthcare Properties Operating Partnership I, L.P.   Delaware   6798   11-3747120
Aviv Liberty, L.L.C.   Delaware   6798   36-4572034
Avon Ohio, L.L.C.   Delaware   6798   36-4601433
Bala Cynwyd Real Estate, LP   Pennsylvania   6798   27-1726563
Bayside Colorado Healthcare Associates, LLC   Colorado   6798   38-3517837
Bayside Street II, LLC   Delaware   6798   38-3519969
Bayside Street, LLC   Maryland   6798   38-3160026
Belleville Illinois, L.L.C.   Delaware   6798   32-0188341
Bellingham II Associates, L.L.C.   Delaware   6798   11-3747130
Bethel ALF Property, L.L.C.   Delaware   6798   36-4759871
BHG Aviv, L.L.C.   Delaware   6798   36-4601432
Biglerville Road, L.L.C.   Delaware   6798   35-2410897
Bonham Texas, L.L.C.   Delaware   6798   30-0358809
Bradenton ALF Property, L.L.C.   Delaware   6798   45-4444919
Burton NH Property, L.L.C.   Delaware   6798   11-3714506
California Aviv Two, L.L.C.   Delaware   6798   26-4117080
California Aviv, L.L.C.   Delaware   6798   38-3786697
Camas Associates, L.L.C.   Delaware   6798   36-4340182
Canton Health Care Land, LLC   Ohio   6798   20-1914579
Carnegie Gardens LLC   Delaware   6798   20-2442381
Casa/Sierra California Associates, L.L.C.   Delaware   6798   36-4572017

 

 

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
CFG 2115 Woodstock Place LLC   Delaware   6798   26-1123970
Champaign Williamson Franklin, L.L.C.   Delaware   6798   36-4769741
Chardon Ohio Property Holdings, L.L.C.   Delaware   6798   37-1762860
Chardon Ohio Property, L.L.C.   Delaware   6798   61-1722650
Chatham Aviv, L.L.C.   Delaware   6798   27-0354315
Chippewa Valley, L.L.C.   Illinois   6798   36-4065826
CHR Bartow LLC   Delaware   6798   26-3708257
CHR Boca Raton LLC   Delaware   6798   26-3709390
CHR Bradenton LLC   Delaware   6798   26-3710605
CHR Cape Coral LLC   Delaware   6798   26-3710052
CHR Fort Myers LLC   Delaware   6798   26-3710399
CHR Fort Walton Beach LLC   Delaware   6798   26-3708663
CHR Lake Wales LLC   Delaware   6798   26-3708893
CHR Lakeland LLC   Delaware   6798   26-3708735
CHR Pompano Beach Broward LLC   Delaware   6798   26-3710220
CHR Pompano Beach LLC   Delaware   6798   26-3709856
CHR Sanford LLC   Delaware   6798   26-3709701
CHR Spring Hill LLC   Delaware   6798   26-3709633
CHR St. Pete Bay LLC   Delaware   6798   26-3709236
CHR St. Pete Egret LLC   Delaware   6798   26-3708588
CHR Tampa Carrollwood LLC   Delaware   6798   26-3709502
CHR Tampa LLC   Delaware   6798   26-3710161
CHR Tarpon Springs LLC   Delaware   6798   26-3708823
CHR Titusville LLC   Delaware   6798   26-3709919
Clarkston Care, L.L.C.   Delaware   6798   76-0802028
Clayton Associates, L.L.C.   New Mexico   6798   36-4572014
Colonial Gardens, LLC   Ohio   6798   26-0110549
Colonial Madison Associates, L.L.C.   Delaware   6798   38-3741678
Colorado Lessor - Conifer, LLC   Maryland   6798   32-0008069
Columbus Texas Aviv, L.L.C.   Delaware   6798   38-3735473
Columbus Western Avenue, L.L.C.   Delaware   6798   71-0960205
Colville Washington Property, L.L.C.   Delaware   6798   35-2521805
Commerce Nursing Homes, L.L.C.   Illinois   6798   36-4122632
Commerce Sterling Hart Drive, L.L.C.   Delaware   6798   27-5458991
Conroe Rigby Owen Road, L.L.C.   Delaware   6798   27-5458820
CR Aviv, L.L.C.   Delaware   6798   20-5354773
Crete Plus Five Property, L.L.C.   Delaware   6798   30-0855110
Crooked River Road, L.L.C.   Delaware   6798   27-5081057
CSE Albany LLC   Delaware   6798   20-5885886
CSE Amarillo LLC   Delaware   6798   20-5862752
CSE Arden L.P.   Delaware   6798   20-5888680
CSE Augusta LLC   Delaware   6798   20-5885921
CSE Bedford LLC   Delaware   6798   20-5886082
CSE Blountville LLC   Delaware   6798   20-8295288
CSE Bolivar LLC   Delaware   6798   20-8295024
CSE Cambridge LLC   Delaware   6798   20-5886976
CSE Cambridge Realty LLC   Delaware   6798   20-5959318
CSE Camden LLC   Delaware   6798   20-8295066
CSE Canton LLC   Delaware   6798   20-5887312
CSE Casablanca Holdings II LLC   Delaware   6798   26-0595183
CSE Casablanca Holdings LLC   Delaware   6798   20-8724466
CSE Cedar Rapids LLC   Delaware   6798   20-5884941
CSE Centennial Village, LP   Delaware   6798   20-6974959
CSE Chelmsford LLC   Delaware   6798   20-5920451

 

2  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
CSE Chesterton LLC   Delaware   6798   20-5885195
CSE Claremont LLC   Delaware   6798   20-5883891
CSE Corpus North LLC   Delaware   6798   20-5186415
CSE Denver Iliff LLC   Delaware   6798   20-8037772
CSE Denver LLC   Delaware   6798   20-5884311
CSE Douglas LLC   Delaware   6798   20-5883761
CSE Elkton LLC   Delaware   6798   20-5887006
CSE Elkton Realty LLC   Delaware   6798   20-5959253
CSE Fairhaven LLC   Delaware   6798   20-8281491
CSE Fort Wayne LLC   Delaware   6798   20-5885125
CSE Frankston LLC   Delaware   6798   20-5862947
CSE Georgetown LLC   Delaware   6798   20-5886126
CSE Green Bay LLC   Delaware   6798   20-5888029
CSE Hilliard LLC   Delaware   6798   20-5887347
CSE Huntingdon LLC   Delaware   6798   20-8295191
CSE Huntsville LLC   Delaware   6798   20-5887764
CSE Indianapolis-Continental LLC   Delaware   6798   20-5885046
CSE Indianapolis-Greenbriar LLC   Delaware   6798   20-5885096
CSE Jacinto City LLC   Delaware   6798   20-5186519
CSE Jefferson City LLC   Delaware   6798   20-8295101
CSE Jeffersonville-Hillcrest Center LLC   Delaware   6798   20-5885261
CSE Jeffersonville-Jennings House LLC   Delaware   6798   20-5885346
CSE Kerrville LLC   Delaware   6798   20-8684872
CSE King L.P.   Delaware   6798   20-5888725
CSE Kingsport LLC   Delaware   6798   20-5887736
CSE Knightdale L.P.   Delaware   6798   20-5888653
CSE Lake City LLC   Delaware   6798   20-5863259
CSE Lake Worth LLC   Delaware   6798   20-5863173
CSE Lakewood LLC   Delaware   6798   20-5884352
CSE Las Vegas LLC   Delaware   6798   20-5887216
CSE Lawrenceburg LLC   Delaware   6798   20-5887802
CSE Lenoir L.P.   Delaware   6798   20-5888528
CSE Lexington Park LLC   Delaware   6798   20-5886951
CSE Lexington Park Realty LLC   Delaware   6798   20-5959280
CSE Ligonier LLC   Delaware   6798   20-5885484
CSE Live Oak LLC   Delaware   6798   20-5863086
CSE Lowell LLC   Delaware   6798   20-5885381
CSE Marianna Holdings LLC   Delaware   6798   20-1411422
CSE Memphis LLC   Delaware   6798   20-8295130
CSE Mobile LLC   Delaware   6798   20-5883572
CSE Moore LLC   Delaware   6798   20-5887574
CSE North Carolina Holdings I LLC   Delaware   6798   20-5888397
CSE North Carolina Holdings II LLC   Delaware   6798   20-5888430
CSE Omro LLC   Delaware   6798   20-5887998
CSE Orange Park LLC   Delaware   6798   20-5863371
CSE Orlando-Pinar Terrace Manor LLC   Delaware   6798   20-5863043
CSE Orlando-Terra Vista Rehab LLC   Delaware   6798   20-5863223
CSE Pennsylvania Holdings, LP   Delaware   6798   20-6974946
CSE Piggott LLC   Delaware   6798   20-5883659
CSE Pilot Point LLC   Delaware   6798   20-5862827
CSE Pine View LLC   Delaware   6798   20-5398686
CSE Ponca City LLC   Delaware   6798   20-5887495
CSE Port St. Lucie LLC   Delaware   6798   20-5863294
CSE Richmond LLC   Delaware   6798   20-5885427

 

3  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
CSE Ripley LLC   Delaware   6798   20-8295238
CSE Ripon LLC   Delaware   6798   26-0480886
CSE Safford LLC   Delaware   6798   20-5883807
CSE Salina LLC   Delaware   6798   20-5885669
CSE Seminole LLC   Delaware   6798   20-5887615
CSE Shawnee LLC   Delaware   6798   20-5887524
CSE Spring Branch LLC   Delaware   6798   20-5186484
CSE Stillwater LLC   Delaware   6798   20-5887548
CSE Taylorsville LLC   Delaware   6798   20-5886196
CSE Texarkana LLC   Delaware   6798   20-5862880
CSE Texas City LLC   Delaware   6798   20-5862791
CSE The Village LLC   Delaware   6798   20-5186550
CSE Upland LLC   Delaware   6798   20-5891148
CSE Walnut Cove L.P.   Delaware   6798   20-5888502
CSE West Point LLC   Delaware   6798   20-5887119
CSE Whitehouse LLC   Delaware   6798   20-8294979
CSE Williamsport LLC   Delaware   6798   26-0480953
CSE Winter Haven LLC   Delaware   6798   20-5863327
CSE Woodfin L.P.   Delaware   6798   20-5888619
CSE Yorktown LLC   Delaware   6798   20-5885163
Cuyahoga Falls Property, L.L.C.   Delaware   6798   35-2419468
Dallas Two Property, L.L.C.   Delaware   6798   61-1746734
Danbury ALF Property, L.L.C.   Delaware   6798   27-4083747
Darien ALF Property, L.L.C.   Delaware   6798   30-0694838
Delta Investors I, LLC   Maryland   6798   54-2112455
Delta Investors II, LLC   Maryland   6798   54-2112456
Denison Texas, L.L.C.   Delaware   6798   32-0173170
Desert Lane LLC   Delaware   6798   20-3098022
Dixie White House Nursing Home, LLC   Mississippi   6798   59-3738671
Dixon Health Care Center, LLC   Ohio   6798   34-1509772
East Rollins Street, L.L.C.   Delaware   6798   38-3838004
Edgewood Drive Property, L.L.C.   Delaware   6798   32-0405276
Effingham Associates, L.L.C.   Illinois   6798   36-4150491
Elite Mattoon, L.L.C.   Delaware   6798   36-4454111
Elite Yorkville, L.L.C.   Delaware   6798   36-4454114
Encanto Senior Care, LLC   Arizona   6798   20-1669755
Falcon Four Property Holding, L.L.C.   Delaware   6798   46-3986352
Falcon Four Property, L.L.C.   Delaware   6798   30-0794160
Falfurrias Texas, L.L.C.   Delaware   6798   61-1501714
Florida ALF Properties, L.L.C.   Delaware   6798   32-0417622
Florida Four Properties, L.L.C.   Delaware   6798   35-2456486
Florida Lessor – Meadowview, LLC   Maryland   6798   56-2398721
Florida Real Estate Company, LLC   Florida   6798   20-1458431
Fort Stockton Property, L.L.C.   Delaware   6798   38-3918639
Four Fountains Aviv, L.L.C.   Delaware   6798   36-4601434
Fredericksburg South Adams Street, L.L.C.   Delaware   6798   27-5459311
Freewater Oregon, L.L.C.   Delaware   6798   36-2280966
Fullerton California, L.L.C.   Delaware   6798   36-4480527
G&L Gardens, LLC   Arizona   6798   95-4639695
Gardnerville Property, L.L.C.   Delaware   6798   37-1657201
Georgia Lessor - Bonterra/Parkview, LLC   Maryland   6798   16-1650494
Germantown Property, L.L.C.   Delaware   6798   45-4444655
Giltex Care, L.L.C.   Delaware   6798   36-4572036
Glendale NH Property, L.L.C.   Delaware   6798   61-1686455

 

4  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
Golden Hill Real Estate Company, LLC   California   6798   71-0976967
Gonzales Texas Property, L.L.C.   Delaware   6798   32-0403901
Great Bend Property, L.L.C.   Delaware   6798   27-3971138
Greenbough, LLC   Delaware   6798   27-0258266
Greenville Kentucky Property, L.L.C.   Delaware   6798   30-0838127
Heritage Monterey Associates, L.L.C.   Illinois   6798   36-4056688
HHM Aviv, L.L.C.   Delaware   6798   32-0205746
Hidden Acres Property, L.L.C.   Delaware   6798   27-2457250
Highland Leasehold, L.L.C.   Delaware   6798   20-2873499
Hobbs Associates, L.L.C.   Illinois   6798   36-4177337
Hot Springs Atrium Owner, LLC   Delaware   6798   47-1359052
Hot Springs Aviv, L.L.C.   Delaware   6798   30-0470700
Hot Springs Cottages Owner, LLC   Delaware   6798   47-1371567
Hot Springs Marina Owner, LLC   Delaware   6798   47-1461931
Houston Texas Aviv, L.L.C.   Delaware   6798   36-4587739
Hutchinson Kansas, L.L.C.   Delaware   6798   51-0559326
Hutton I Land, LLC   Ohio   6798   20-1914403
Hutton II Land, LLC   Ohio   6798   20-1914470
Hutton III Land, LLC   Ohio   6798   20-1914529
Idaho Associates, L.L.C.   Illinois   6798   36-4114446
Illinois Missouri Properties, L.L.C.   Delaware   6798   35-2520792
Indiana Lessor – Wellington Manor, LLC   Maryland   6798   32-0008064
Iowa Lincoln County Property, L.L.C.   Delaware   6798   45-4445450
Jasper Springhill Street, L.L.C.   Delaware   6798   27-5458704
Kansas Five Property, L.L.C.   Delaware   6798   36-1647542
Karan Associates Two, L.L.C.   Delaware   6798   61-1514965
Karan Associates, L.L.C.   Delaware   6798   11-3747208
Karissa Court Property, L.L.C.   Delaware   6798   38-3923400
KB Northwest Associates, L.L.C.   Delaware   6798   36-4572027
Kentucky NH Properties, L.L.C.   Delaware   6798   61-1730147
Kingsville Texas, L.L.C.   Delaware   6798   37-1522939
LAD I Real Estate Company, LLC   Delaware   6798   20-1454154
Leatherman 90-1, LLC   Ohio   6798   20-1914625
Leatherman Partnership 89-1, LLC   Ohio   6798   34-1656489
Leatherman Partnership 89-2, LLC   Ohio   6798   34-1656491
Louisville Dutchmans Property, L.L.C.   Delaware   6798   61-1715555
Magnolia Drive Property, L.L.C.   Delaware   6798   30-0793756
Manor Associates, L.L.C.   Delaware   6798   36-4572020
Mansfield Aviv, L.L.C.   Delaware   6798   32-0183852
Massachusetts Nursing Homes, L.L.C.   Delaware   6798   20-2873416
McCarthy Street Property, L.L.C.   Delaware   6798   38-3855495
Meridian Arms Land, LLC   Ohio   6798   20-1914864
Minnesota Associates, L.L.C.   Delaware   6798   36-4469552
Mishawaka Property, L.L.C.   Delaware   6798   36-4734067
Missouri Associates, L.L.C.   Delaware   6798   36-4572033
Missouri Regency Associates, L.L.C.   Delaware   6798   36-4572031
Montana Associates, L.L.C.   Illinois   6798   36-4149849
Monterey Park Leasehold Mortgage, L.L.C.   Delaware   6798   32-0267202
Mount Washington Property, L.L.C.   Delaware   6798   45-5010153
Mt. Vernon Texas, L.L.C.   Delaware   6798   35-2270167
Murray County, L.L.C.   Delaware   6798   36-4708756
Muscatine Toledo Properties, L.L.C.   Delaware   6798   36-4777497
N.M. Bloomfield Three Plus One Limited Company   New Mexico   6798   74-2748292
N.M. Espanola Three Plus One Limited Company   New Mexico   6798   74-2748289

 

5  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
N.M. Lordsburg Three Plus One Limited Company   New Mexico   6798   74-2748286
N.M. Silver City Three Plus One Limited Company   New Mexico   6798   74-2748283
New Hope Property, L.L.C.   Delaware   6798   61-1720871
Newtown ALF Property, L.L.C.   Delaware   6798   27-4083571
Nicholasville Kentucky Property, L.L.C.   Delaware   6798   46-5411821
North Las Vegas LLC   Delaware   6798   20-3098036
North Royalton Ohio Property, L.L.C.   Delaware   6798   37-1729308
Norwalk ALF Property, L.L.C.   Delaware   6798   27-4083805
NRS Ventures, L.L.C.   Delaware   6798   38-4236118
Oakland Nursing Homes, L.L.C.   Delaware   6798   36-4572018
Ocean Springs Nursing Home, LLC   Mississippi   6798   58-2635823
October Associates, L.L.C.   Delaware   6798   36-4572030
Ogden Associates, L.L.C.   Delaware   6798   36-4412291
OHI (Connecticut), LLC   Connecticut   6798   06-1552120
OHI (Illinois), LLC   Illinois   6798   47-3264182
OHI (Indiana), LLC   Indiana   6798   38-3568359
OHI (Iowa), LLC   Iowa   6798   38-3377918
OHI Asset (AR) Ash Flat, LLC   Delaware   6798   46-3670959
OHI Asset (AR) Camden, LLC   Delaware   6798   46-3672608
OHI Asset (AR) Conway, LLC   Delaware   6798   61-1721332
OHI Asset (AR) Des Arc, LLC   Delaware   6798   46-3691025
OHI Asset (AR) Hot Springs, LLC   Delaware   6798   80-0951655
OHI Asset (AR) Malvern, LLC   Delaware   6798   46-3719491
OHI Asset (AR) Mena, LLC   Delaware   6798   38-3915930
OHI Asset (AR) Pocahontas, LLC   Delaware   6798   46-3728913
OHI Asset (AR) Sheridan, LLC   Delaware   6798   46-3739623
OHI Asset (AR) Walnut Ridge, LLC   Delaware   6798   46-3751920
OHI Asset (AZ) Austin House, LLC   Delaware   6798   46-4385050
OHI Asset (CA), LLC   Delaware   6798   04-3759925
OHI Asset (CO), LLC   Delaware   6798   84-1706510
OHI Asset (CT) Lender, LLC   Delaware   6798   75-3205111
OHI Asset (FL) Eustis, LLC   Delaware   6798   61-1773617
OHI Asset (FL) Lake Placid, LLC   Delaware   6798   46-3827043
OHI Asset (FL) Lender, LLC   Delaware   6798   27-4450390
OHI Asset (FL) Lutz, LLC   Delaware   6798   30-0858827
OHI Asset (FL) Pensacola - Hillview, LLC   Delaware   6798   36-4821441
OHI Asset (FL), LLC   Delaware   6798   13-4225158
OHI Asset (GA) Dunwoody, LLC   Delaware   6798   30-0869546
OHI Asset (GA) Macon, LLC   Delaware   6798   47-1027224
OHI Asset (GA) Moultrie, LLC   Delaware   6798   46-4254981
OHI Asset (GA) Roswell, LLC   Delaware   6798   36-4808609
OHI Asset (GA) Snellville, LLC   Delaware   6798   46-4259685
OHI Asset (ID) Holly, LLC   Delaware   6798   46-4268973
OHI Asset (ID) Midland, LLC   Delaware   6798   46-4279515
OHI Asset (ID), LLC   Delaware   6798   04-3759931
OHI Asset (IL), LLC   Delaware   6798   14-1951802
OHI Asset (IN) American Village, LLC   Delaware   6798   46-0985915
OHI Asset (IN) Anderson, LLC   Delaware   6798   46-0989235
OHI Asset (IN) Beech Grove, LLC   Delaware   6798   46-1000956
OHI Asset (IN) Clarksville, LLC   Delaware   6798   46-1011127
OHI Asset (IN) Clinton, LLC   Delaware   6798   46-4095764
OHI Asset (IN) Connersville, LLC   Delaware   6798   46-4289202
OHI Asset (IN) Crown Point, LLC   Delaware   6798   46-1738072
OHI Asset (IN) Eagle Valley, LLC   Delaware   6798   46-1021612

 

6  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
OHI Asset (IN) Elkhart, LLC   Delaware   6798   46-1035197
OHI Asset (IN) Forest Creek, LLC   Delaware   6798   46-1040435
OHI Asset (IN) Fort Wayne, LLC   Delaware   6798   46-1050897
OHI Asset (IN) Franklin, LLC   Delaware   6798   46-1062818
OHI Asset (IN) Greensburg, LLC   Delaware   6798   38-3879137
OHI Asset (IN) Indianapolis, LLC   Delaware   6798   36-4736441
OHI Asset (IN) Jasper, LLC   Delaware   6798   46-4100999
OHI Asset (IN) Kokomo, LLC   Delaware   6798   46-1071289
OHI Asset (IN) Lafayette, LLC   Delaware   6798   46-1085161
OHI Asset (IN) Madison, LLC   Delaware   6798   46-1745924
OHI Asset (IN) Monticello, LLC   Delaware   6798   46-1090601
OHI Asset (IN) Noblesville, LLC   Delaware   6798   46-1103366
OHI Asset (IN) Rosewalk, LLC   Delaware   6798   46-1116285
OHI Asset (IN) Salem, LLC   Delaware   6798   46-4111473
OHI Asset (IN) Seymour, LLC   Delaware   6798   46-4133715
OHI Asset (IN) Spring Mill, LLC   Delaware   6798   46-1120573
OHI Asset (IN) Terre Haute, LLC   Delaware   6798   46-1140102
OHI Asset (IN) Wabash, LLC   Delaware   6798   38-3879151
OHI Asset (IN) Westfield, LLC   Delaware   6798   32-0381277
OHI Asset (IN) Zionsville, LLC   Delaware   6798   46-1152307
OHI Asset (LA) Baton Rouge, LLC   Delaware   6798   37-1785874
OHI Asset (LA), LLC   Delaware   6798   04-3759935
OHI Asset (MD), LLC   Delaware   6798   45-2611748
OHI Asset (MI) Heather Hills, LLC   Delaware   6798   46-1515395
OHI Asset (MI), LLC   Delaware   6798   27-3378345
OHI Asset (MO), LLC   Delaware   6798   04-3759939
OHI Asset (MS) Byhalia, LLC   Delaware   6798   46-4298734
OHI Asset (MS) Cleveland, LLC   Delaware   6798   36-4774986
OHI Asset (MS) Clinton, LLC   Delaware   6798   80-0965657
OHI Asset (MS) Columbia, LLC   Delaware   6798   46-4340609
OHI Asset (MS) Corinth, LLC   Delaware   6798   46-4351222
OHI Asset (MS) Greenwood, LLC   Delaware   6798   46-4361245
OHI Asset (MS) Grenada, LLC   Delaware   6798   46-4376223
OHI Asset (MS) Holly Springs, LLC   Delaware   6798   38-3921178
OHI Asset (MS) Indianola, LLC   Delaware   6798   90-1036275
OHI Asset (MS) Natchez, LLC   Delaware   6798   46-4384987
OHI Asset (MS) Picayune, LLC   Delaware   6798   90-1036523
OHI Asset (MS) Vicksburg, LLC   Delaware   6798   90-1036559
OHI Asset (MS) Yazoo City, LLC   Delaware   6798   38-3921461
OHI Asset (NC) Wadesboro, LLC   Delaware   6798   35-2492230
OHI Asset (NY) 2nd Avenue, LLC   Delaware   6798   30-0874937
OHI Asset (NY) 93rd Street, LLC   Delaware   6798   32-0470120
OHI Asset (OH) Lender, LLC   Delaware   6798   51-0529744
OHI Asset (OH), LLC   Delaware   6798   04-3759938
OHI Asset (OR) Portland, LLC   Delaware   6798   30-0805633
OHI Asset (OR) Troutdale, LLC   Delaware   6798   47-2564223
OHI Asset (PA) GP, LLC   Delaware   6798   47-2553542
OHI Asset (PA) West Mifflin, LP   Delaware   6798   30-0852028
OHI Asset (PA), LLC   Delaware   6798   90-0137715
OHI Asset (PA), LP   Maryland   6798   54-6643405
OHI Asset (SC) Aiken, LLC   Delaware   6798   46-4426281
OHI Asset (SC) Anderson, LLC   Delaware   6798   46-4455254
OHI Asset (SC) Easley Anne, LLC   Delaware   6798   46-4475177
OHI Asset (SC) Easley Crestview, LLC   Delaware   6798   46-4489507

 

7  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
OHI Asset (SC) Edgefield, LLC   Delaware   6798   46-4494366
OHI Asset (SC) Greenville Griffith, LLC   Delaware   6798   46-4510885
OHI Asset (SC) Greenville Laurens, LLC   Delaware   6798   46-4524387
OHI Asset (SC) Greenville North, LLC   Delaware   6798   46-4538349
OHI Asset (SC) Greenville, LLC   Delaware   6798   47-1053139
OHI Asset (SC) Greer, LLC   Delaware   6798   46-4551649
OHI Asset (SC) Marietta, LLC   Delaware   6798   46-4569172
OHI Asset (SC) McCormick, LLC   Delaware   6798   46-4597938
OHI Asset (SC) Orangeburg, LLC   Delaware   6798   47-1034331
OHI Asset (SC) Pickens East Cedar, LLC   Delaware   6798   46-4613823
OHI Asset (SC) Pickens Rosemond, LLC   Delaware   6798   46-4629569
OHI Asset (SC) Piedmont, LLC   Delaware   6798   46-4640288
OHI Asset (SC) Simpsonville SE Main, LLC   Delaware   6798   46-4682098
OHI Asset (SC) Simpsonville West Broad, LLC   Delaware   6798   46-4695995
OHI Asset (SC) Simpsonville West Curtis, LLC   Delaware   6798   46-4712666
OHI Asset (TN) Bartlett, LLC   Delaware   6798   46-4727889
OHI Asset (TN) Collierville, LLC   Delaware   6798   46-4738239
OHI Asset (TN) Jefferson City, LLC   Delaware   6798   61-1750374
OHI Asset (TN) Memphis, LLC   Delaware   6798   46-4750926
OHI Asset (TN) Rogersville, LLC   Delaware   6798   38-3954783
OHI Asset (TX) Anderson, LLC   Delaware   6798   46-4764905
OHI Asset (TX) Bryan, LLC   Delaware   6798   46-4781488
OHI Asset (TX) Burleson, LLC   Delaware   6798   46-4795498
OHI Asset (TX) College Station, LLC   Delaware   6798   46-4805289
OHI Asset (TX) Comfort, LLC   Delaware   6798   46-4815908
OHI Asset (TX) Diboll, LLC   Delaware   6798   46-4843528
OHI Asset (TX) Granbury, LLC   Delaware   6798   46-4852513
OHI Asset (TX) Hondo, LLC   Delaware   6798   46-1346058
OHI Asset (TX) Italy, LLC   Delaware   6798   46-4873054
OHI Asset (TX) Winnsboro, LLC   Delaware   6798   46-4881288
OHI Asset (TX), LLC   Delaware   6798   04-3759927
OHI Asset (UT) Ogden, LLC   Delaware   6798   46-4903181
OHI Asset (UT) Provo, LLC   Delaware   6798   46-4915063
OHI Asset (UT) Roy, LLC   Delaware   6798   46-4931511
OHI Asset (VA) Charlottesville, LLC   Delaware   6798   46-4945417
OHI Asset (VA) Farmville, LLC   Delaware   6798   46-4955482
OHI Asset (VA) Hillsville, LLC   Delaware   6798   46-4987367
OHI Asset (VA) Martinsville SNF, LLC   Delaware   6798   37-1791389
OHI Asset (VA) Rocky Mount, LLC   Delaware   6798   46-5002710
OHI Asset (WA) Battle Ground, LLC   Delaware   6798   46-5006928
OHI Asset (WA) Fort Vancouver, LLC   Delaware   6798   36-4817415
OHI Asset (WV) Danville, LLC   Delaware   6798   47-1084194
OHI Asset (WV) Ivydale, LLC   Delaware   6798   47-1112048
OHI Asset CHG ALF, LLC   Delaware   6798   38-3945599
OHI Asset CSB LLC   Delaware   6798   27-2820083
OHI Asset CSE-E, LLC   Delaware   6798   27-1675861
OHI Asset CSE-U, LLC   Delaware   6798   27-1675768
OHI Asset CSE-E Subsidiary, LLC   Delaware   6798   61-1756267
OHI Asset CSE-U Subsidiary, LLC   Delaware   6798   32-0459385
OHI Asset HUD CFG, LLC   Delaware   6798   45-3662151
OHI Asset HUD Delta, LLC   Delaware   6798   27-1895030
OHI Asset HUD H-F, LLC   Delaware   6798   27-1894893
OHI Asset HUD SF CA, LLC   Delaware   6798   46-1251365
OHI Asset HUD SF, LLC   Delaware   6798   80-0830116

 

8  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
OHI Asset HUD WO, LLC   Delaware   6798   45-2379675
OHI Asset II (CA), LLC   Delaware   6798   20-1000879
OHI Asset II (FL), LLC   Delaware   6798   27-1813906
OHI Asset II (PA), LP   Maryland   6798   84-6390330
OHI Asset III (PA), LP   Maryland   6798   84-6390331
OHI Asset IV (PA) Silver Lake, LP   Maryland   6798   80-6146794
OHI Asset Management, LLC   Delaware   6798   36-4798979
OHI Asset RO PMM Services, LLC   Delaware   6798   46-4309941
OHI Asset RO, LLC   Delaware   6798   90-1018980
OHI Asset, LLC   Delaware   6798   32-0079270
OHI Healthcare Properties Holdco, Inc.   Delaware   6798   47-2148273
OHI Healthcare Properties Limited Partnership   Delaware   6798   36-4796206
OHI Mezz Lender, LLC   Delaware   6798   46-3201249
OHI Tennessee, LLC   Maryland   6798   38-3509157
OHIMA, LLC   Massachusetts   6798   06-1552118
Ohio Aviv Three, L.L.C.   Delaware   6798   27-5082021
Ohio Aviv Two, L.L.C.   Delaware   6798   27-5081906
Ohio Aviv, L.L.C.   Delaware   6798   36-4597043
Ohio Indiana Property, L.L.C.   Delaware   6798   36-4764623
Ohio Pennsylvania Property, L.L.C.   Delaware   6798   32-0350654
Oklahoma Two Property, L.L.C.   Delaware   6798   37-1695177
Oklahoma Warr Wind, L.L.C.   Delaware   6798   38-3886603
Omaha Associates, L.L.C.   Delaware   6798   36-4572019
Omega TRS I, Inc.   Maryland   6798   38-3587540
Orange ALF Property, L.L.C.   Delaware   6798   27-4083471
Orange Village Care Center, LLC   Ohio   6798   34-1321728
Orange, L.L.C.   Illinois   6798   36-4095365
Oregon Associates, L.L.C.   Delaware   6798   36-4572024
Oso Avenue Property, L.L.C.   Delaware   6798   30-0767014
Ostrom Avenue Property, L.L.C.   Delaware   6798   32-0457123
Palm Valley Senior Care, LLC   Arizona   6798   75-3153681
Panama City Nursing Center LLC   Delaware   6798   20-2568041
Pavillion North Partners, LLC   Pennsylvania   6798   47-3255261
Pavillion North, LLP   Pennsylvania   6798   75-3202956
Pavillion Nursing Center North, LLC   Pennsylvania   6798   47-3259540
Peabody Associates Two, L.L.C.   Delaware   6798   27-5346222
Peabody Associates, L.L.C.   Delaware   6798   36-4572029
Pennington Road Property, L.L.C.   Delaware   6798   36-4768380
Pensacola Real Estate Holdings I, LLC   Florida   6798   59-3667935
Pensacola Real Estate Holdings II, LLC   Florida   6798   59-3667937
Pensacola Real Estate Holdings III, LLC   Florida   6798   59-3667939
Pensacola Real Estate Holdings IV, LLC   Florida   6798   59-3667940
Pensacola Real Estate Holdings V, LLC   Florida   6798   59-3667941
Pocatello Idaho Property, L.L.C.   Delaware   6798   35-2449870
Pomona Vista L.L.C.   Illinois   6798   36-4111095
Prescott Arkansas, L.L.C.   Delaware   6798   04-3835264
PV Realty-Willow Tree, LLC   Maryland   6798   27-0328038
Raton Property Limited Company   New Mexico   6798   36-4111094
Ravenna Ohio Property, L.L.C.   Delaware   6798   61-1692048
Red Rocks, L.L.C.   Illinois   6798   36-4192351
Richland Washington, L.L.C.   Delaware   6798   26-0081509
Ridgecrest Senior Care, LLC   Arizona   6798   20-1998988
Riverside Nursing Home Associates Two, L.L.C.   Delaware   6798   27-3524946
Riverside Nursing Home Associates, L.L.C.   Delaware   6798   36-4340184

 

9  

 

 

 

Exact name of registrant as

specified in its charter (1)

  State or other
jurisdiction of
formation
 

Primary Standard
Industrial

Classification Code
No.

  I.R.S. Employer
Identification
No.
Rockingham Drive Property, L.L.C.   Delaware   6798   35-2485732
Rose Baldwin Park Property L.L.C.   Illinois   6798   36-4111092
S.C. Portfolio Property, L.L.C.      Delaware   6798   32-0457621
Salem Associates, L.L.C.   Delaware   6798   36-4572028
San Juan NH Property, LLC   Delaware   6798   11-3714511
Sandalwood Arkansas Property, L.L.C.   Delaware   6798   61-1665105
Santa Ana-Bartlett, L.L.C.   Illinois   6798   36-4212739
Santa Fe Missouri Associates, L.L.C.   Illinois   6798   36-4165126
Savoy/Bonham Venture, L.L.C.   Delaware   6798   36-4572026
Searcy Aviv, L.L.C.   Delaware   6798   38-3779442
Sedgwick Properties, L.L.C.   Delaware   6798   36-4694767
Seguin Texas Property, L.L.C.   Delaware   6798   35-2456377
Sierra Ponds Property, L.L.C.   Delaware   6798   38-3888430
Skyler Boyington, LLC   Mississippi   6798   42-1572543
Skyler Florida, LLC   Mississippi   6798   64-0821299
Skyler Maitland LLC   Delaware   6798   20-3888672
Skyler Pensacola, LLC   Florida   6798   59-3561064
Skyview Associates, L.L.C.   Delaware   6798   36-4572023
Southeast Missouri Property, L.L.C.   Delaware   6798   27-3502072
Southern California Nevada, L.L.C.   Delaware   6798   30-0705746
St. Joseph Missouri Property, L.L.C.   Delaware   6798   36-4597042
St. Mary’s Properties, LLC   Ohio   6798   20-1914905
Star City Arkansas, L.L.C.   Delaware   6798   43-2089308
Stephenville Texas Property, L.L.C.   Delaware   6798   46-5421870
Sterling Acquisition, LLC   Kentucky   6798   38-3207992
Stevens Avenue Property, L.L.C.   Delaware   6798   35-2446030
Sun-Mesa Properties, L.L.C.   Illinois   6798   36-4047650
Suwanee, LLC   Delaware   6798   20-5223977
Texas Fifteen Property, L.L.C.   Delaware   6798   35-2437626
Texas Four Property, L.L.C.   Delaware   6798   46-5459201
Texas Lessor – Stonegate GP, LLC   Maryland   6798   32-0008071
Texas Lessor – Stonegate, Limited, LLC   Maryland   6798   32-0008072
Texas Lessor – Stonegate, LP   Maryland   6798   32-0008073
Texhoma Avenue Property, L.L.C.   Delaware   6798   35-2470607
The Suburban Pavilion, LLC   Ohio   6798   34-1035431
Tujunga, L.L.C.   Delaware   6798   36-4389732
Tulare County Property, L.L.C.   Delaware   6798   46-5446413
VRB Aviv, L.L.C.   Delaware   6798   76-0802032
Washington Idaho Property, L.L.C.   Delaware   6798   61-1743318
Washington Lessor – Silverdale, LLC   Maryland   6798   56-2386887
Washington-Oregon Associates, L.L.C.   Illinois   6798   36-4192347
Watauga Associates, L.L.C.   Illinois   6798   36-4163268
Wellington Leasehold, L.L.C.   Delaware   6798   27-3971187
West Pearl Street, L.L.C.   Delaware   6798   81-0637081
West Yarmouth Property I, L.L.C.   Delaware   6798   46-5495346
Westerville Ohio Office Property, L.L.C.   Delaware   6798   32-0452280
Wheeler Healthcare Associates, L.L.C.   Texas   6798   74-2752353
Whitlock Street Property, L.L.C.   Delaware   6798   32-0419832
Wilcare, LLC   Ohio   6798   26-0110550
Willis Texas Aviv, L.L.C.   Delaware   6798   37-1522942
Yuba Aviv, L.L.C.   Delaware   6798   11-3750228

 

(1) Address, including zip code, and telephone number, including area code, of the principal executive offices of each subsidiary guarantor listed in Schedule A is c/o Omega Healthcare Investors, Inc., 200 International Circle, Suite 3500, Hunt Valley, Maryland, 21030 and the telephone number is (410) 427-1700.

 

10  

 

 

FORM T-1

 

Item 1. GENERAL INFORMATION . Furnish the following information as to the Trustee.

 

a) Name and address of each examining or supervising authority to which it is subject.
Comptroller of the Currency
Washington, D.C.

 

b) Whether it is authorized to exercise corporate trust powers.

Yes

 

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.
None

 

Items 3-15 Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

1. A copy of the Articles of Association of the Trustee.*

 

2. A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

 

3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

 

4. A copy of the existing bylaws of the Trustee.**

 

5. A copy of each Indenture referred to in Item 4. Not applicable.

 

6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

7. Report of Condition of the Trustee as of December 31, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

 

11  

 

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION , a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Atlanta, State of Georgia on the 12 th of November, 2015.

 

  By: /s/ David Ferrell  
    David Ferrell  
    Vice President  

 

12  

 

 

Exhibit 2

  

Office of the Comptroller of the Currency
Washington, DC 20219  

 

CERTIFICATE OF CORPORATE EXISTENCE

 

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

 

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

 

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, July 3, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
 
Comptroller of the Currency

 

 

13  

 

 

Exhibit 3

 

Office of the Comptroller of the Currency
Washington, DC 20219

  

CERTIFICATION OF FIDUCIARY POWERS

 

I, Thomas J. Curry, Comptroller of the Currency, do hereby certify that:

 

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

 

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

IN TESTIMONY WHEREOF, today, July 3, 2015, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.
 
Comptroller of the Currency

 

14  

 

  

Exhibit 6

 

CONSENT

 

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Dated: November 12, 2015

 

  By: /s/ David Ferrell  
    David Ferrell  
    Vice President  

 

15  

 

 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 9/30/2015

 

($000’s)

 

    9/30/2015  
Assets        
Cash and Balances Due From   $ 10,415,443  
Depository Institutions        
Securities     104,656,800  
Federal Funds     100,570  
Loans & Lease Financing Receivables     254,216,913  
Fixed Assets     4,639,396  
Intangible Assets     12,997,753  
Other Assets     23,862,998  
Total Assets   $ 410,889,873  
         
Liabilities        
Deposits   $ 305,185,303  
Fed Funds     1,491,858  
Treasury Demand Notes     0  
Trading Liabilities     1,227,900  
Other Borrowed Money     45,698,345  
Acceptances     0  
Subordinated Notes and Debentures     3,150,000  
Other Liabilities     11,782,630  
Total Liabilities   $ 368,536,036  
         
Equity        
Common and Preferred Stock     18,200  
Surplus     14,266,400  
Undivided Profits     27,210,891  
Minority Interest in Subsidiaries     858,346  
Total Equity Capital   $ 42,353,837  
         
Total Liabilities and Equity Capital   $ 410,889,873  

 

16  

 

 

Exhibit 99.1

 

Omega Healthcare Investors, Inc.

 

LETTER OF TRANSMITTAL

 

Offer For All Outstanding

 

5.250% Senior Notes due 2026

 

in exchange for

 

5.250% Senior Notes due 2026

that have been registered under the

Securities Act of 1933

 

Pursuant to the Prospectus dated                , 2015

 

The Exchange Agent for this Exchange Offer is:

 

U.S. Bank National Association

 

By Mail, Hand or Courier:
Corporate Trust Services

111 Fillmore Ave E.

Mail Station EP-MN-WS2N

St. Paul, MN 55107

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

 

By Facsimile:

(651) 466-7402

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

 

For Information or Confirmation by Telephone:

(800) 934-6802

 

The exchange offer will expire at 5:00 p.m., New York City time, on                , 2015, unless we extend the offer. Tenders may be withdrawn at any time prior to the expiration of the exchange offer.

 

 

     

 

 

Delivery of this letter of transmittal to an address other than as set forth above, or transmission of instructions via facsimile to a number other than as listed above, will not constitute a valid delivery.

 

The instructions contained herein should be read carefully before this letter of transmittal is completed.

 

The undersigned acknowledges that he or she has received the prospectus dated           ,2015, referred to as the prospectus, of Omega Healthcare Investors, Inc., a Maryland corporation, or Omega, and this letter of transmittal, which together constitute Omega’s offer, referred to as the exchange offer, to exchange an aggregate principal amount of up to $600,000,000 of its 5.250% Senior Notes due 2026, which have been registered under the Securities Act of 1933, as amended, referred to as the exchange notes, for a like principal amount of its issued and outstanding 5.250% Senior Notes due 2026, referred to as the initial notes. Capitalized terms used but not defined herein shall have the same meaning given to them in the prospectus, as it may be amended or supplemented.

 

This letter of transmittal is to be completed by a holder of exchange notes either if (a) certificates for such exchange notes are to be forwarded herewith or (b) a tender of exchange notes is to be made by book-entry transfer to the account of U.S. Bank National Association, the exchange agent for the exchange offer, at The Depository Trust Company, or DTC, pursuant to the procedures for tender by book-entry transfer set forth under “The Exchange Offer—Procedures for Tendering Initial Notes” in the prospectus. Certificates or book-entry confirmation of the transfer of exchange notes into the exchange agent’s account at DTC, as well as this letter of transmittal or a facsimile hereof, properly completed and duly executed, with any required signature guarantees, and any other documents required by this letter of transmittal, must be received by the exchange agent at its address set forth herein on or prior to the expiration date. Tenders by book-entry transfer may also be made by delivering an agent’s message in lieu of this letter of transmittal. The term “book-entry confirmation” means a confirmation of a book-entry transfer of exchange notes into the exchange agent’s account at DTC. The term “agent’s message” means a message to the exchange agent by DTC which states that DTC has received an express acknowledgment that the tendering holder agrees to be bound by the letter of transmittal and that Omega may enforce the letter of transmittal against such holder. The agent’s message forms a part of a book-entry transfer.

 

If exchange notes are tendered pursuant to book-entry procedures, the exchange agent must receive, no later than 5:00 p.m., New York City time, on the expiration date, book-entry confirmation of the tender of the exchange notes into the exchange agent’s account at DTC, along with a completed letter of transmittal or an agent’s message.

 

By crediting the exchange notes to the exchange agent’s account at DTC and by complying with the applicable procedures of DTC’s Automated Tender Offer Program, or ATOP, with respect to the tender of the exchange notes, including by the transmission of an agent’s message, the holder of exchange notes acknowledges and agrees to be bound by the terms of this letter of transmittal, and the participant in DTC confirms on behalf of itself and the beneficial owners of such exchange notes all provisions of this letter of transmittal as being applicable to it and such beneficial owners as fully as if such participant and each such beneficial owner had provided the information required herein and executed and transmitted this letter of transmittal to the exchange agent.

 

Holders of initial notes whose certificates for such initial notes are not immediately available or who cannot deliver their certificates and all other required documents to the exchange agent on or prior to the expiration date or who cannot complete the procedures for book-entry transfer on a timely basis must tender their initial notes according to the guaranteed delivery procedures set forth in “The Exchange Offer—Procedures for Tendering Initial Notes—Guaranteed Delivery” in the prospectus.

 

Delivery of documents to DTC does not constitute delivery to the exchange agent.

 

The undersigned has completed the appropriate boxes below and signed this letter of transmittal to indicate the action the undersigned desires to take with respect to the exchange offer.

 

List below the exchange notes to which this letter of transmittal relates. If the space provided below is inadequate, the certificate numbers and principal amount of exchange notes should be listed on a separate, signed schedule affixed hereto.

 

  2  

 

 

DESCRIPTION OF INITIAL NOTES
Name(s) and Address(es) of Record
Holder(s) or Name of DTC Participant and
Participant’s DTC Account Number in
which Notes are Held
(Please fill in, if blank)


Certificate Number(s)*

Aggregate
Principal
Amount
Represented


Principal Amount
Tendered**
       
     
     
     
     
     
Total Principal Amount:  

* Need not be completed if exchange notes are being tendered by book-entry transfer.

** Unless otherwise indicated in this column, a holder will be deemed to have tendered ALL of the exchange notes represented by the exchange notes indicated in the second column. See Instruction 4. Exchange notes tendered hereby must be in denominations of $2,000 and any integral multiple of $1,000 in excess thereof.

 

¨ CHECK HERE IF CERTIFICATES REPRESENTING TENDERED NOTES ARE ENCLOSED HEREWITH.

 

¨ CHECK HERE IF TENDERED NOTES ARE BEING DELIVERED BY BOOK-ENTRY TRANSFER MADE TO THE ACCOUNT MAINTAINED BY THE DEPOSITARY WITH DTC AND COMPLETE THE FOLLOWING:

 

Name of Tendering Institution _____________________________________________________________

 

DTC Account Number ___________________________________________________________________

 

Transaction Code Number ________________________________________________________________

 

Date Tendered _________________________________________________________________________

 

¨ CHECK HERE AND ENCLOSE A PHOTOCOPY OF THE NOTICE OF GUARANTEED DELIVERY IF TENDERED INITIAL NOTES ARE BEING DELIVERED PURSUANT TO A NOTICE OF GUARANTEED DELIVERY PREVIOUSLY SENT TO THE EXCHANGE AGENT AND COMPLETE THE FOLLOWING (SEE INSTRUCTION 1):

 

Name(s) of Registered Holder(s) ___________________________________________________________

 

Window Ticket Number (if any) ___________________________________________________________

 

Date of Execution of Notice of Guaranteed Delivery ___________________________________________

 

Name of Eligible Institution which Guaranteed Delivery ________________________________________

 

If Guaranteed Delivery is to be Made by Book-Entry Transfer:

 

Name of Tendering Institution _____________________________________________________________

 

DTC Account Number ___________________________________________________________________

 

Transaction Code Number ________________________________________________________________

 

¨ CHECK HERE IF YOU ARE A BROKER-DEALER AND WISH TO RECEIVE 10 ADDITIONAL COPIES OF THE PROSPECTUS AND 10 COPIES OF ANY AMENDMENTS OR SUPPLEMENTS THERETO.*

 

Name _______________________________________________________________________________

 

Address _____________________________________________________________________________

 

____________________________________________________________________________________

 

*You are entitled to as many copies as you reasonably believe necessary. If you require more than 10 copies, please indicate the total number required in the following space: ________.

 

  3  

 

 

Ladies and Gentlemen:

 

The undersigned hereby tenders to Omega the principal amount of initial notes indicated above, upon the terms and subject to the conditions of the exchange offer. Subject to and effective upon the acceptance for exchange of all or any portion of the initial notes tendered herewith in accordance with the terms and conditions of the exchange offer, including, if the exchange offer is extended or amended, the terms and conditions of any such extension or amendment, the undersigned hereby irrevocably sells, assigns and transfers to or upon the order of Omega all right, title and interest in and to such initial notes.

 

The undersigned hereby irrevocably constitutes and appoints the exchange agent as its agent and attorney-in-fact, with full knowledge that the exchange agent is also acting as agent of Omega in connection with the exchange offer and as trustee under the indenture governing the initial notes and the exchange notes, with respect to the tendered initial notes, with full power of substitution (such power of attorney being deemed to be an irrevocable power coupled with an interest) subject only to the right of withdrawal described in the prospectus, to (1) deliver certificates representing such initial notes, together with all accompanying evidences of transfer and authenticity, to or upon the order of Omega upon receipt by the exchange agent, as the undersigned’s agent, of the exchange notes to be issued in exchange for such initial notes, (2) present certificates for such initial notes for transfer and to transfer the initial notes on the books of Omega and (3) receive for the account of Omega all benefits and otherwise exercise all rights of beneficial ownership of such initial notes, all in accordance with the terms and conditions of the exchange offer.

 

The undersigned hereby represents and warrants that (1) the undersigned has full power and authority to tender, exchange, sell, assign and transfer the initial notes tendered hereby, (2) Omega will acquire good, marketable and unencumbered title to the tendered initial notes, free and clear of all liens, restrictions, charges and other encumbrances and (3) the initial notes tendered hereby are not subject to any adverse claims or proxies. The undersigned warrants and agrees that the undersigned will, upon request, execute and deliver any additional documents requested by Omega or the exchange agent to complete the exchange, sale, assignment and transfer of the initial notes tendered hereby. The undersigned has read and agrees to all of the terms and conditions of the exchange offer.

 

The name(s) and address(es) of the registered holder(s) of the initial notes tendered hereby should be printed above, if they are not already set forth above, as they appear on the certificates representing such initial notes. The certificate number(s) and the initial notes that the undersigned wishes to tender should be indicated in the appropriate boxes above.

 

If any tendered initial notes are not exchanged pursuant to the exchange offer for any reason, or if certificates are submitted for more initial notes than are tendered or accepted for exchange, certificates for such non-exchanged or non-tendered initial notes will be returned, or, in the case of initial notes tendered by book-entry transfer, such initial notes will be credited to an account maintained at DTC, without expense to the tendering holder, promptly following the expiration or termination of the exchange offer.

 

The undersigned understands that tenders of initial notes pursuant to any one of the procedures described in “The Exchange Offer—Procedures for Tendering Initial Notes” in the prospectus and in the instructions attached hereto will, upon Omega’s acceptance for exchange of such tendered initial notes, constitute a binding agreement between the undersigned and Omega upon the terms and subject to the conditions of the exchange offer. The exchange notes will bear interest from the most recent date to which interest has been paid on the initial notes, or, if no interest has been paid, from the date of original issuance of the initial notes. If your initial notes are accepted for exchange, then you will receive interest on the exchange notes and not on the initial notes. The undersigned recognizes that, under certain circumstances set forth in the prospectus, Omega may not be required to accept for exchange any of the initial notes tendered hereby.

 

Unless otherwise indicated herein in the box entitled “Special Issuance Instructions” below, the undersigned hereby directs that the exchange notes be issued in the name(s) of the undersigned or, in the case of a book-entry transfer of initial notes, that such exchange notes be credited to the account indicated above maintained at DTC. If applicable, substitute certificates representing initial notes not exchanged or not accepted for exchange will be issued to the undersigned or, in the case of a book-entry transfer of initial notes, will be credited to the account indicated above maintained at DTC. Similarly, unless otherwise indicated under “Special Delivery Instructions,” the undersigned hereby directs that the exchange notes be delivered to the undersigned at the address shown below the undersigned’s signature. The undersigned recognizes that Omega has no obligation pursuant to “Special Delivery Instructions” to transfer any initial notes from a registered holder thereof if Omega does not accept for exchange any of the principal amount of such initial notes so tendered.

 

  4  

 

 

By tendering initial notes and executing this letter of transmittal, the undersigned hereby represents that: (1) the exchange notes acquired in the exchange offer are being obtained in the ordinary course of business of the person receiving the exchange notes, whether or not that person is the holder; (2) neither the holder nor any other person receiving the exchange notes is participating, intends to participate or has an arrangement or understanding with any person to participate in a “distribution” (within the meaning of the Securities Act) of the exchange notes; and (3) neither the holder nor any other person receiving the exchange notes is an “affiliate” (within the meaning of the Securities Act) of Omega.

 

The undersigned acknowledges that this exchange offer is being made in reliance on interpretations by the staff of the Securities and Exchange Commission, or the SEC, as set forth in no-action letters issued to third parties, which provide that the exchange notes issued pursuant to the exchange offer in exchange for the initial notes may be offered for resale, resold and otherwise transferred by holders thereof (other than any such holder that is an “affiliate” of Omega within the meaning of Rule 405 under the Securities Act) without compliance with the registration and prospectus delivery provisions of the Securities Act, provided that such exchange notes are acquired in the ordinary course of such holders’ business and such holders have no arrangement with any person to participate in the distribution of such exchange notes.

 

However, the SEC has not considered the exchange offer in the context of a no-action letter, and there can be no assurance that the staff of the SEC would make a similar determination with respect to the exchange offer as in other circumstances. If any holder is an affiliate of Omega, is participating, intends to participate or has any arrangement or understanding to participate in a distribution of the exchange notes to be acquired pursuant to the exchange offer, such holder (i) could not rely on the applicable interpretation of the staff of the SEC and (ii) must comply with the registration and prospectus delivery requirements of the Securities Act in connection with any resale transaction.

 

If the undersigned is a broker-dealer that will receive exchange notes for its own account in exchange for initial notes, it hereby represents that the initial notes to be exchanged for the exchange notes were acquired by it as a result of market-making activities or other trading activities and acknowledges that it will deliver a prospectus meeting the requirements of the Securities Act and comply with any other applicable provisions of the Securities Act in connection with any offer to resell, resale or other retransfer of such exchange notes pursuant to the exchange offer. However, by so acknowledging and delivering a prospectus, the undersigned will not be deemed to admit that it is an “underwriter” (within the meaning of the Securities Act). Any such broker-dealer is referred to as a participating broker-dealer.

 

Omega has agreed that, to the extent that any participating broker-dealer participates in the exchange offer, Omega shall use all commercially reasonable efforts to maintain the effectiveness of the registration statement of which the prospectus forms a part, referred to as the exchange offer registration statement, for a period of 90 days following the consummation of the exchange offer as the same may be extended as provided in the registration rights agreement relating to the initial notes, which is referred to herein as the applicable period. Omega has also agreed that, subject to the provisions of the registration rights agreement, the prospectus, as amended or supplemented, will be made available to participating broker-dealers for use in connection with offers to resell, resales or retransfers of exchange notes received in exchange for initial notes pursuant to the exchange offer during the applicable period. Omega will advise each participating broker-dealer (i) when a prospectus supplement or post-effective amendment has been filed or has become effective, (ii) of the issuance by the SEC of any stop order suspending the effectiveness of the exchange offer registration statement or of any order preventing or suspending the use of any preliminary prospectus or the initiation of any proceedings for that purpose, (iii) if at any time when a prospectus is required by the Securities Act to be delivered in connection with resales of exchange notes by participating broker dealers, the representations and warranties of Omega contained in any underwriting agreement cease to be true and correct, (iv) of the receipt by Omega of any notification of the suspension of qualification or exemption from qualification of the exchange offer registration statement or the exchange notes to be sold by any participating broker-dealer for offer or sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose, (v) of the happening of any event, the existence of any condition or any information becoming known that makes any statement made in the exchange offer registration statement or the prospectus, or any document incorporated or deemed to be incorporated therein by reference, untrue in any material respect or that requires the making of any changes in or amendments or supplements to the exchange offer registration statement or the prospectus, or any such document, so that it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading or (vi) of Omega’s determination that a post-effective amendment to the exchange offer registration statement would be appropriate.

 

  5  

 

 

Any participating broker-dealer, by tendering initial notes and executing this letter of transmittal or effecting delivery of an agent’s message in lieu thereof, agrees that, upon receipt of notice from Omega of the existence of any fact of the kind described in (ii), (iv), (v) and (vi) above, such participating broker-dealer will discontinue disposition of the exchange notes pursuant to the exchange offer registration statement until receipt of the amended or supplemented prospectus or until Omega has given notice that the use of the prospectus may be resumed, as the case may be. If Omega gives such notice to suspend the sale of the exchange notes, it shall extend the 90-day period referred to above during which participating broker-dealers are entitled to use the prospectus in connection with the resale of exchange notes by the number of days during the period from and including the date of the giving of such notice to and including the date when participating broker-dealers shall have received copies of the supplemented or amended prospectus necessary to permit resales of the exchange notes or to and including the date on which Omega has given notice that the sale of exchange notes may be resumed, as the case may be.

 

As a result, a participating broker-dealer that intends to use the prospectus in connection with offers to resell, resales or retransfers of exchange notes received in exchange for initial notes pursuant to the exchange offer must notify Omega, or cause Omega to be notified, on or prior to the expiration date, that it is a participating broker-dealer. Such notice may be given in the space provided above or may be delivered to the exchange agent at the address set forth in the prospectus under “The Exchange Offer—Exchange Agent.”

 

The undersigned will, upon request, execute and deliver any additional documents deemed by Omega to be necessary or desirable to complete the sale, assignment and transfer of the initial notes tendered hereby.

 

All authority conferred or agreed to be conferred herein and every obligation of the undersigned under this letter of transmittal shall survive the death or incapacity of the undersigned, and any obligation of the undersigned hereunder shall be binding upon the heirs, executors, administrators, personal representatives, trustees in bankruptcy, legal representatives, successors and assigns of the undersigned. Except as stated in the prospectus under “The Exchange Offer—Withdrawal Rights,” this tender is irrevocable.

 

  6  

 

 

THE UNDERSIGNED, BY COMPLETING THE BOX ENTITLED “DESCRIPTION OF INITIAL NOTES” ABOVE AND SIGNING THIS LETTER OF TRANSMITTAL, WILL BE DEEMED TO HAVE TENDERED THE INITIAL NOTES AS SET FORTH IN SUCH BOX.

 

TO BE COMPLETED BY ALL TENDERING HOLDERS

(See Instructions 2 and 6)

 

PLEASE SIGN HERE

 

(Please Complete Substitute Form W-9 on Page 14 or a Form W-8; See Instruction 10)

 

Signature(s) of Holder(s)  

 

Date:

 

(Must be signed by the registered holder(s) exactly as name(s) appear(s) on certificate(s) for the initial notes tendered or on a security position listing or by person(s) authorized to become the registered holder(s) by certificates and documents transmitted herewith. If signature is by a trustee, executor, administrator, guardian, attorney-in-fact, officer of a corporation or other person acting in a fiduciary or representative capacity, please provide the following information and see Instruction 6.)

 

Name(s):  

(Please Print)

Capacity (full title):  

Address:  
   

Area Code and Telephone No.:  

Taxpayer Identification Number:  

 

GUARANTEE OF SIGNATURE(S)

(Only If Required - See Instruction 2)

Authorized Signature:  

Name:  

(Please Print)  

Title:  

Name of Firm:  

Address:  
   

Area Code and Telephone No.:  

Date:  

  

  7  

 

 

 

SPECIAL ISSUANCE INSTRUCTIONS

 

(Signature Guarantee Required—See Instructions 2, 7 and 14)

 

TO BE COMPLETED ONLY if exchange notes or initial notes not tendered or not accepted are to be issued in the name of someone other than the registered holder(s) of the initial notes whose signature(s) appear(s) above, or if initial notes delivered by book-entry transfer and not accepted for exchange are to be returned for credit to an account maintained at DTC other than the account indicated above.

 

Issue (check appropriate box(es)) 

¨    Initial notes to:

¨    Exchange notes to:

 

Name  
  (Please Print)

 

Address  
   
  (Zip Code)           

Taxpayer Identification No.

 

 

 

SPECIAL DELIVERY INSTRUCTIONS

 

(Signature Guarantee Required—See Instructions 2, 7 and 14)

 

TO BE COMPLETED ONLY if exchange notes or initial notes not tendered or not accepted are to be sent to someone other than the registered holder(s) of the initial notes whose signature(s) appear(s) above, or to such registered holder at an address other than that shown above.

 

Deliver (check appropriate box(es))

¨    Initial notes to:

¨    Exchange notes to:

 

Name  
  (Please Print)

Address  
   
  (Zip Code)           

 

  

  8  

 

 

INSTRUCTIONS

 

Forming Part Of The Terms And Conditions Of The Exchange Offer

 

1.    Delivery of letter of transmittal and certificates; guaranteed delivery procedures. This letter of transmittal is to be completed by a holder of initial notes to tender such holder’s initial notes either if (a) certificates are to be forwarded herewith or (b) tenders are to be made pursuant to the procedures for tender by book-entry transfer set forth in “The Exchange Offer—Procedures for Tendering Initial Notes—Book-Entry Transfers” in the prospectus and an agent’s message, as defined on page 2 hereof, is not delivered. Certificates or book-entry confirmation of transfer of initial notes into the exchange agent’s account at DTC, as well as this letter of transmittal or a facsimile hereof, properly completed and duly executed, with any required signature guarantees, and any other documents required by this letter of transmittal, must be received by the exchange agent at its address set forth herein on or prior to the expiration date. If the tender of initial notes is effected in accordance with applicable ATOP procedures for book-entry transfer, an agent’s message may be transmitted to the exchange agent in lieu of an executed letter of transmittal. Initial notes may be tendered in whole or in part in denominations of $2,000 and any integral multiple of $1,000 in excess thereof.

 

For purposes of the exchange offer, the term “holder” includes any participant in DTC named in a securities position listing as a holder of initial notes. Only a holder of record may tender initial notes in the exchange offer. Any beneficial owner of initial notes who wishes to tender some or all of such initial notes should arrange with DTC, a DTC participant or the record owner of such initial notes to execute and deliver this letter of transmittal or to send an electronic instruction effecting a book-entry transfer on his or her behalf. See Instruction 6.

 

Holders who wish to tender their initial notes and (i) whose certificates for the initial notes are not immediately available or for whom all required documents are unlikely to reach the exchange agent on or prior to the expiration date or (ii) who cannot complete the procedures for delivery by book-entry transfer on a timely basis, may tender their initial notes by properly completing and duly executing a Notice of Guaranteed Delivery pursuant to the guaranteed delivery procedures set forth in “The Exchange Offer—Procedures for Tendering Initial Notes—Guaranteed Delivery” in the prospectus. Pursuant to such procedures: (i) such tender must be made by or through an eligible institution; (ii) a properly completed and duly executed Notice of Guaranteed Delivery, substantially in the form made available by Omega, must be received by the exchange agent on or prior to the expiration date; and (iii) the certificates for the initial notes, or a book-entry confirmation, together with a properly completed and duly executed letter of transmittal or a facsimile hereof, or an agent’s message in lieu thereof, with any required signature guarantees and any other documents required by this letter of transmittal, must be received by the exchange agent within three (3) New York Stock Exchange trading days after the date of execution of such Notice of Guaranteed Delivery for all such tendered initial notes, all as provided in “The Exchange Offer—Procedures for Tendering Initial Notes—Guaranteed Delivery” in the prospectus.

 

The Notice of Guaranteed Delivery may be delivered by hand, facsimile, mail or overnight delivery to the exchange agent, and must include a guarantee by an eligible institution in the form set forth in such Notice of Guaranteed Delivery. For initial notes to be properly tendered pursuant to the guaranteed delivery procedure, the exchange agent must receive a Notice of Guaranteed Delivery on or prior to the expiration date. As used herein, “eligible institution” means a firm or other entity which is identified as an “Eligible Guarantor Institution” in Rule 17Ad-15 under the Securities Exchange Act of 1934, as amended, including a bank; a broker, dealer, municipal securities broker or dealer or government securities broker or dealer; a credit union; a national securities exchange, registered securities association or clearing agency; or a savings association.

 

The method of delivery of certificates for the initial notes, this letter of transmittal and all other required documents is at the election and sole risk of the tendering holder. If delivery is by mail, registered mail with return receipt requested, properly insured, or overnight delivery service is recommended. In all cases, sufficient time should be allowed to ensure timely delivery. No letters of transmittal or initial notes should be sent to Omega. Delivery is complete when the exchange agent actually receives the items to be delivered. Delivery of documents to DTC in accordance with DTC’s procedures does not constitute delivery to the exchange agent.

 

  9  

 

 

Omega will not accept any alternative, conditional or contingent tenders. Each tendering holder, by execution of a letter of transmittal or a facsimile hereof or by causing the transmission of an agent’s message, waives any right to receive any notice of the acceptance of such tender.

 

2.          Guarantee of Signatures. No signature guarantee on this letter of transmittal is required if:

 

a.           this letter of transmittal is signed by the registered holder (which term, for purposes of this document, shall include any participant in DTC whose name appears on a security position listing as the owner of the initial notes) of initial notes tendered herewith, unless such holder has completed either the box entitled “Special Issuance Instructions” or the box entitled “Special Delivery Instructions” above; or

 

b.           such initial notes are tendered for the account of a firm that is an eligible institution.

 

In all other cases, an eligible institution must guarantee the signature(s) on this letter of transmittal. See Instruction 6.

 

3.          Inadequate Space. If the space provided in the box captioned “Description of Initial Notes” is inadequate, the certificate number(s) and/or the principal amount of initial notes and any other required information should be listed on a separate, signed schedule which is attached to this letter of transmittal.

 

4.          Partial Tenders (Not Applicable To Holders Who Tender By Book-Entry Transfer). If less than all the initial notes evidenced by any certificate submitted are to be tendered, fill in the principal amount of initial notes which are to be tendered in the “Principal Amount Tendered” column of the box entitled “Description of Initial Notes” on page 3 of this letter of transmittal. In such case, new certificate(s) for the remainder of the initial notes that were evidenced by your old certificate(s) will be sent only to the holder of the initial notes as promptly as practicable after the expiration date. All initial notes represented by certificates delivered to the exchange agent will be deemed to have been tendered unless otherwise indicated. Tender of initial notes will be accepted only in denominations of $2,000 and any integral multiple of $1,000 in excess thereof.

 

5.          Withdrawal Rights. Except as otherwise provided herein, tenders of initial notes may be withdrawn at any time on or prior to the expiration date. In order for a withdrawal to be effective on or prior to that time, a written notice of withdrawal must be timely received by the exchange agent at its address set forth above and in the prospectus on or prior to the expiration date. Any such notice of withdrawal must specify the name of the person who tendered the initial notes to be withdrawn, identify the initial notes to be withdrawn, including the total principal amount of initial notes to be withdrawn, and where certificates for initial notes are transmitted, the name of the registered holder of the initial notes, if different from that of the person withdrawing such initial notes. If certificates for the initial notes have been delivered or otherwise identified to the exchange agent, then the tendering holder must submit the serial numbers of the initial notes to be withdrawn and the signature on the notice of withdrawal must be guaranteed by an eligible institution, except in the case of initial notes tendered for the account of an eligible institution. If initial notes have been tendered pursuant to the procedures for book-entry transfer set forth in the prospectus under “The Exchange Offer—Procedures for Tendering Initial Notes—Book-Entry Transfers,” the notice of withdrawal must specify the name and number of the account at DTC to be credited with the withdrawn initial notes and the notice of withdrawal must be delivered to the exchange agent. Withdrawals of tenders of initial notes may not be rescinded; however, initial notes properly withdrawn may again be tendered at any time on or prior to the expiration date by following any of the procedures described in the prospectus under “The Exchange Offer—Procedures for Tendering Initial Notes.”

 

All questions regarding the form of withdrawal, validity, eligibility, including time of receipt, and acceptance of withdrawal notices will be determined by Omega, in its sole discretion, which determination of such questions and terms and conditions of the exchange offer will be final and binding on all parties. Neither Omega, any of its affiliates or assigns, the exchange agent nor any other person is under any obligation to give notice of any irregularities in any notice of withdrawal, nor will they be liable for failing to give any such notice.

 

Initial notes tendered by book-entry transfer through DTC that are withdrawn or not exchanged for any reason will be credited to an account maintained with DTC. Withdrawn initial notes will be returned to the holder after withdrawal. The initial notes will be returned or credited to the account maintained at DTC as soon as practicable after withdrawal, rejection of tender or termination of the exchange offer. Any initial notes which have been tendered for exchange but which are withdrawn or not exchanged for any reason will be returned to the holder thereof without cost to such holder.

 

  10  

 

 

6.          Signatures On Letter Of Transmittal, Assignments And Endorsements. If this letter of transmittal is signed by the registered holder(s) of the initial notes tendered hereby, the signature(s) must correspond exactly with the name(s) as written on the face of the certificate(s) without alteration, enlargement or any change whatsoever.

 

If any initial notes tendered hereby are owned of record by two or more joint owners, all such owners must sign this letter of transmittal.

 

If any tendered initial notes are registered in different name(s) on several certificates, it will be necessary to complete, sign and submit as many separate letters of transmittal or facsimiles hereof as there are different registrations of certificates.

 

If this letter of transmittal, any certificates or bond powers or any other document required by the letter of transmittal are signed by trustees, executors, administrators, guardians, attorneys-in-fact, officers of corporations or others acting in a fiduciary or representative capacity, such persons should so indicate when signing and, unless waived by Omega, must submit proper evidence satisfactory to Omega, in its sole discretion, of each such person’s authority so to act.

 

When this letter of transmittal is signed by the registered owner(s) of the initial notes listed and transmitted hereby, no endorsement(s) of certificate(s) or separate bond power(s) are required unless exchange notes are to be issued in the name of a person other than the registered holder(s).

 

Signature(s) on such certificate(s) or bond power(s) must be guaranteed by an eligible institution.

 

If this letter of transmittal is signed by a person other than the registered owner(s) of the initial notes listed, the certificates must be endorsed or accompanied by appropriate bond powers, signed exactly as the name or names of the registered owner(s) appear(s) on the certificates, and also must be accompanied by such opinions of counsel, certifications and other information as Omega or the trustee for the initial notes may require in accordance with the restrictions on transfer applicable to the initial notes. Signatures on such certificates or bond powers must be guaranteed by an eligible institution.

 

7.          Special Issuance And Delivery Instructions. If exchange notes are to be issued in the name of a person other than the signer of this letter of transmittal, or if exchange notes are to be sent to someone other than the signer of this letter of transmittal or to an address other than that shown above, the appropriate boxes on this letter of transmittal should be completed. In the case of issuance in a different name, the U.S. taxpayer identification number of the person named must also be indicated. A holder of initial notes tendering initial notes by book-entry transfer may instruct that initial notes not exchanged be credited to such account maintained at DTC as such holder may designate. If no such instructions are given, certificates for initial notes not exchanged will be returned by mail to the address of the signer of this letter of transmittal or, if the initial notes not exchanged were tendered by book-entry transfer, such initial notes will be returned by crediting the account indicated on page 3 above maintained at DTC. See Instruction 6.

 

8.          Irregularities. Omega will determine, in its sole discretion, all questions regarding the form of documents, validity, eligibility, including time of receipt, and acceptance for exchange of any tendered initial notes, which determination and interpretation of the terms and conditions of the exchange offer will be final and binding on all parties. Omega reserves the absolute right, in its sole and absolute discretion, to reject any tenders determined to be in improper form or the acceptance of which, or exchange for which, may, in the view of counsel to Omega, be unlawful. Omega also reserves the absolute right, subject to applicable law, to waive any of the conditions of the exchange offer set forth in the prospectus under “The Exchange Offer—Conditions of the Exchange Offer” or any condition or irregularity in any tender of initial notes by any holder, whether or not we waived similar conditions or irregularities in the case of other holders. Omega’s interpretation of the terms and conditions of the exchange offer, including this letter of transmittal and the instructions hereto, will be final and binding on all parties. A tender of initial notes is invalid until all defects and irregularities have been cured or waived. Neither Omega, any of its affiliates or assigns, the exchange agent nor any other person is under any obligation to give notice of any defects or irregularities in tenders nor will they be liable for failure to give any such notice.

 

  11  

 

 

9.          Questions, Requests For Assistance And Additional Copies. Questions and requests for assistance may be directed to the exchange agent at its address and telephone number set forth on the front of this letter of transmittal. Additional copies of the prospectus, the letter of transmittal, the Notice of Guaranteed Delivery and Forms W-8 may be obtained from the exchange agent at the address and telephone/facsimile numbers indicated above, or from your broker, dealer, commercial bank, trust company or other nominee.

 

10.         Backup Withholding; Substitute Form W-9; Form W-8. Under the United States federal income tax laws, interest paid to holders of exchange notes received pursuant to the exchange offer may be subject to backup withholding. Generally, such payments will be subject to backup withholding unless the holder (i) is exempt from backup withholding or (ii) furnishes the payer with its correct taxpayer identification number, or TIN, and provides certain certifications. If backup withholding applies, Omega may be required to withhold at the applicable rate on interest payments made to a holder of exchange notes. Backup withholding is not an additional tax. Rather, the amount of backup withholding is treated as an advance payment of a tax liability, and a holder’s U.S. federal income tax liability will be reduced by the amount of tax withheld. If withholding results in an overpayment of taxes, a refund may be obtained by the holder from the Internal Revenue Service, or the IRS.

 

To avoid backup withholding, a holder should notify the exchange agent of its correct TIN by completing the Substitute Form W-9 below and certifying on Substitute Form W-9 that the TIN provided is correct (or that the holder is awaiting a TIN). In addition, a holder is required to certify on Substitute Form W-9 that (i) the holder is exempt from backup withholding, or (ii) the holder has not been notified by the IRS that it is subject to backup withholding as a result of a failure to report all interest or dividends or (iii) the IRS has notified the holder that the holder is no longer subject to backup withholding. Consult the enclosed Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9 for guidelines on completing the Substitute Form W-9. If the exchange agent is provided with an incorrect TIN or the holder makes false statements resulting in no backup withholding, the holder may be subject to penalties imposed by the IRS.

 

Certain holders (including, among others, corporations and certain foreign individuals) may be exempt from these backup withholding requirements. See the enclosed Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9 for further information regarding exempt holders. Exempt holders should furnish their TIN, check the box in Part 4 of the Substitute Form W-9, and sign, date and return the Substitute Form W-9 to the exchange agent. If the holder is a nonresident alien or foreign entity not subject to backup withholding, such holder should submit an appropriate completed IRS Form W-8, signed under penalties of perjury, attesting to the holder’s foreign status, instead of the Substitute Form W-9. The appropriate Form W-8 can be obtained from the exchange agent upon request.

 

11.         Waiver Of Conditions. Omega reserves the absolute right to waive satisfaction of any or all conditions, completely or partially, enumerated in the prospectus.

 

12.         No Conditional Tenders. No alternative, conditional or contingent tenders will be accepted. All tendering holders of initial notes, by execution of this letter of transmittal, shall waive any right to receive notice of the acceptance of initial notes for exchange.

 

None of Omega, the exchange agent or any other person is obligated to give notice of any defect or irregularity with respect to any tender of initial notes nor shall any of them incur any liability for failure to give any such notice.

 

13.         Mutilated, Lost, Destroyed Or Stolen Certificates. If any certificate(s) representing initial notes have been mutilated, lost, destroyed or stolen, the holder should promptly notify the exchange agent. The holder will then be instructed as to the steps that must be taken in order to replace the certificate(s). This letter of transmittal and related documents cannot be processed until the procedures for replacing lost, destroyed or stolen certificate(s) have been followed.

 

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14.         Security Transfer Taxes. Except as provided below, holders who tender their initial notes for exchange will not be obligated to pay any transfer taxes in connection therewith. If, however, (i) exchange notes are to be delivered to, or are to be issued in the name of, any person other than the registered holder of the initial notes tendered, (ii) tendered initial notes are registered in the name of any person other than the person signing this letter of transmittal, or (iii) a transfer tax is imposed for any reason other than the exchange of initial notes in connection with the exchange offer, then the amount of any such transfer tax (whether imposed on the registered holder or any other persons) will be payable by the tendering holder. The exchange agent must receive satisfactory evidence of the payment of such taxes or exemption there from or the amount of such transfer taxes will be billed directly to the tendering holder.

 

Except as provided in this Instruction 14, it is not necessary for transfer tax stamps to be affixed to the initial notes specified in this letter of transmittal.

 

15.         Incorporation Of Letter Of Transmittal. This letter of transmittal shall be deemed to be incorporated in any tender of initial notes by any DTC participant effected through procedures established by DTC and, by virtue of such tender, such participant shall be deemed to have acknowledged and accepted this letter of transmittal on behalf of itself and the beneficial owners of any initial notes so tendered.

 

  13  

 

 

Substitute Form W-9     Payer’s Request for Taxpayer Identification Number (TIN)

 

Part 1 ─ PLEASE PROVIDE YOUR TIN IN THE APPROPRIATE SPACE TO THE RIGHT AND CERTIFY BY SIGNING AND DATING BELOW

  Payee’s Name and Address: ___________________________

_________________________

_________________________

 

Social security number or

            /                    /                 

Employer identification number

  --                                              

 

  Part 2 ─ Certification ─ Under penalties of perjury, I certify that:

 

   (1) The number shown on this form is my correct Taxpayer Identification Number (or I am waiting for a number to be issued to me), and
   (2) I am not subject to backup withholding because (i) I am exempt from backup withholding, (ii) I have not been notified by the Internal Revenue Service, or the IRS, that I am subject to backup withholding as a result of failure to report all interest or dividends, or (iii) the IRS has notified me that I am no longer subject to backup withholding, and
   (3) I am a U.S. person (including a U.S. resident alien).

 

Certificate Instructions ─ You must cross out item (2) in Part 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. However, if after being notified by the IRS that you are subject to backup withholding you received a notification from the IRS stating that you are no longer subject to backup withholding, do not cross out item (2).
 
  Date      
Signature   (include year)    
     
     
Name (Please Print)    
     

   Part 3 — Awaiting TIN    ¨    Part 4 — Exempt from backup withholding    ¨

 

NOTE: FAILURE TO COMPLETE THIS FORM MAY RESULT IN BACKUP WITHHOLDING OF TAX ON ANY PAYMENTS MADE TO YOU. PLEASE REVIEW THE ENCLOSED GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 FOR ADDITIONAL DETAILS.

 

YOU MUST COMPLETE THE FOLLOWING CERTIFICATE IF YOU CHECK THE BOX IN

PART 3 OF SUBSTITUTE FORM W-9

 

CERTIFICATE OF AWAITING TAXPAYER IDENTIFICATION NUMBER

I certify under penalties of perjury that a taxpayer identification number has not been issued to me and either (a) I have mailed or delivered an application to receive a taxpayer identification number to the appropriate Internal Revenue Service Center or Social Security Administration Office or (b) I intend to mail or deliver an application in the near future. I understand that if I do not provide a taxpayer identification number within 60 days, all reportable payments made to me thereafter will be subject to backup withholding tax until I provide a number.

 

    Date  
Signature     (include year)
       
       
Name (Please Print)      

 

  14  

 

 

GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION

NUMBER ON SUBSTITUTE FORM W-9

 

Guidelines For Determining the Proper Identification Number to Give the Payer – Social Security Numbers (“SSNs”) have nine digits separated by two hyphens: i.e. , 000-00-000. Employer Identification Numbers, or EINs, have nine digits separated by only one hyphen: i.e. , 00-0000000. The table below will help determine the number to give the payer.

 



For this type of account:
  Give the NAME
and SOCIAL SECURITY
NUMBER or EMPLOYER
IDENTIFICATION
NUMBER of—-
 

For this type of account:
 
Give the NAME
And EMPLOYER
IDENTIFICATION
NUMBER of—-
             
                 
1. Individual   The individual   6.

A valid trust, estate, or pension trust

  Legal entity (4)
                 
2.

Two or more individuals (joint account)

  The actual owner of the
account or, if combined funds,
the first individual on the
account (1)
  7. Corporation or LLC electing corporate status on Form 8832   The corporation
                 
3.

Custodian account of a minor (Uniform Gift to Minors Act)

 

  The minor (2)   8.

Association, club, religious, charitable, educational or other tax-exempt organization

  The organization
                 
4.

a. The usual revocable savings trust (grantor is also trustee)

b. The so-called trust account that is not a legal or valid trust under State law

 

The grantor-trustee (1)

 

 

 

The actual owner (1)

  9.

Partnership or multi-member LLC

 

The partnership or LLC

                 
5.

Sole proprietorship or single-owner LLC 

  The owner (3)   10. A broker or registered nominee   The broker or nominee
                 

 

(1) List first and circle the name of the person whose SSN you furnish. If only one person on a joint account has an SSN, that person’s number must be furnished.

 

(2) Circle the minor’s name and furnish the minor’s SSN.

 

(3) You must show your individual name and you may also enter your business or “doing business as” name. You may use either your SSN or EIN (if you have one). If you are a sole proprietor, the Internal Revenue Service encourages you to use your SSN.

 

(4) List first and circle the name of the legal trust, estate or pension trust. (Do not furnish the TIN of the personal representative or trustee unless the legal entity itself is not designated in the account title).

 

NOTE: If no name is circled when more than one name is listed, the number will be considered to be that of the first name listed.

 

  15  

 

 

GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER

ON SUBSTITUTE FORM W-9

Page 2

 

Purpose of Form

 

A person who is required to file an information return with the IRS must get your correct Taxpayer Identification Number, or TIN, to report, for example, income paid to you, real estate transactions, mortgage interest you paid, acquisition or abandonment of secured property, cancellation of debt, or contributions you made to an IRA. Use Form W-9 to give your correct TIN to the requester (the person requesting your TIN) and, when applicable, (1) to certify the TIN you are giving is correct (or you are waiting for a number to be issued), (2) to certify you are not subject to backup withholding, or (3) to claim exemption from backup withholding if you are an exempt payee. The TIN provided must match the name given on the Substitute Form W-9.

 

How to Get a TIN

 

If you do not have a TIN, apply for one immediately. To apply for an SSN, obtain Form SS-5, Application for a Social Security Card, at the local office of the Social Security Administration or get this form on-line at www.ssa.gov/online/ss-5.pdf. You may also get this form by calling 1-800-772-1213. You can apply for an EIN online by accessing the IRS website at www.irs.gov/businesses and clicking on Employer ID Numbers under Related Topics. Use Form W-7, Application for IRS Individual Taxpayer Identification Number, to apply for an ITIN, or Form SS-4, Application for Employer Identification Number, to apply for an EIN. You can get Forms W-7 and SS-4 from the IRS by calling 1-800-TAX-FORM (1-800-829-3676) or from the IRS web site at www.irs.gov.

 

If you do not have a TIN, check the “Applied For” box in Part 3, sign and date the form, and give it to the payer. Also sign and date the “Certificate of Awaiting Taxpayer Identification Number.” For interest and dividend payments and certain payments made with respect to readily tradable instruments, you will generally have 60 days to get a TIN and give it to the payer. If the payer does not receive your TIN within 60 days, backup withholding, if applicable, will begin and continue until you furnish your TIN.

 

Note: Checking the “Applied For” box on the form means that you have already applied for a TIN OR that you intend to apply for one soon. As soon as you receive your TIN, complete another Form W-9, include your TIN, sign and date the form, and give it to the payer.

 

CAUTION: A disregarded domestic entity that has a foreign owner must use the appropriate Form W-8.

 

Payees Exempt from Backup Withholding

 

Individuals (including sole proprietors) are NOT exempt from backup withholding. Corporations are exempt from backup withholding for certain payments, such as interest and dividends.

 

Note: If you are exempt from backup withholding, you should still complete Substitute Form W-9 to avoid possible erroneous backup withholding. If you are exempt, enter your name and correct TIN in Part 1, check the “Exempt” box in Part 4, and sign and date the form. If you are a nonresident alien or a foreign entity not subject to backup withholding, give the requester the appropriate completed Form W-8, Certificate of Foreign Status.

 

The following is a list of payees that may be exempt from backup withholding and for which no information reporting is required. For interest and dividends, all listed payees are exempt except for those listed in item (9). For broker transactions, payees listed in (1) through (13) and any person registered under the Investment Advisers Act of 1940 who regularly acts as a broker are exempt. Payments subject to reporting under sections 6041 and 6041A are generally exempt from backup withholding only if made to payees described in items (1) through (7). However, the following payments made to a corporation (including gross proceeds paid to an attorney under section 6045(f), even if the attorney is a corporation) and reportable on Form 1099-MISC are not exempt from backup withholding: (i) medical and health care payments, (ii) attorneys’ fees, and (iii) payments for services paid by a federal executive agency. Only payees described in items (1) through (5) are exempt from backup withholding for barter exchange transactions and patronage dividends.

(1) An organization exempt from tax under section 501(a), or an individual retirement plan, or IRA, or a custodial account under section 403(b)(7), if the account satisfies the requirements of section 401(f)(2).
(2) The United States or any of its agencies or instrumentalities.
(3) A state, the District of Columbia, a possession of the United States, or any of their subdivisions or instrumentalities.
(4) A foreign government, a political subdivision of a foreign government, or any of their agencies or instrumentalities.
(5) An international organization or any of its agencies or instrumentalities.
(6) A corporation.
(7) A foreign central bank of issue.
(8) A dealer in securities or commodities registered in the United States, the District of Columbia, or a possession of the United States.
(9) A futures commission merchant registered with the Commodity Futures Trading Commission.
(10) A real estate investment trust.
(11) An entity registered at all times during the tax year under the Investment Company Act of 1940.
(12) A common trust fund operated by a bank under section 584(a).
(13) A financial institution.
(14) A middleman known in the investment community as a nominee or custodian.
(15) An exempt charitable remainder trust, or a non-exempt trust described in section 4947.

 

  16  

 

 

Exempt payees described above should file Form W-9 to avoid possible erroneous backup withholding. FILE THIS FORM WITH THE PAYER, FURNISH YOUR TAXPAYER IDENTIFICATION NUMBER, CHECK THE “EXEMPT” BOX IN PART 4 ON THE FACE OF THE FORM IN THE SPACE PROVIDED, SIGN AND DATE THE FORM AND RETURN IT TO THE PAYER.

 

Certain payments that are not subject to information reporting are also not subject to backup withholding. For details, see sections 6041, 6041A, 6042, 6044, 6045, 6049, 6050A and 6050N, and their regulations.

 

Privacy Act Notice. Section 6109 of the Internal Revenue Code requires you to give your correct TIN to persons who must file information returns with the IRS to report interest, dividends, and certain other income paid to you, mortgage interest you paid, the acquisition or abandonment of secured property, cancellation of debt, or contributions you made to an IRA or Archer MSA or HSA. The IRS uses the numbers for identification purposes and to help verify the accuracy of your tax return. The IRS may also provide this information to the Department of Justice for civil and criminal litigation and to cities, states, and the District of Columbia to carry out their tax laws. The IRS may also disclose this information to other countries under a tax treaty, or to federal and state agencies to enforce federal nontax criminal laws and to combat terrorism.

 

You must provide your TIN whether or not you are required to file a tax return. Payers must generally withhold 28% of taxable interest, dividends, and certain other payments to a payee who does not give a TIN to a payer. The penalties described below may also apply.

 

Penalties

 

Failure to Furnish TIN. If you fail to furnish your correct TIN to a payer, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.

 

Civil Penalty for False Information With Respect to Withholding. If you make a false statement with no reasonable basis which results in no imposition of backup withholding, you are subject to a penalty of $500.

 

Criminal Penalty for Falsifying Information. Willfully falsifying certifications or affirmations may subject you to criminal penalties including fines and/or imprisonment.

 

Misuse of TINs. If the payer discloses or uses TINs in violation of federal law, the payer may be subject to civil and criminal penalties.

 

FOR ADDITIONAL INFORMATION, CONTACT YOUR TAX ADVISOR OR THE INTERNAL REVENUE SERVICE.

 

  17  

 

 


Exhibit 99.2

 

Omega Healthcare Investors, Inc.

 

Notice of Guaranteed Delivery

 

Offer For All Outstanding

 

5.250% Senior Notes due 2026

 

in exchange for

 

5.250% Senior Notes due 2026

that have been registered under the

Securities Act of 1933

 

Pursuant to the Prospectus dated              , 2015

 

This notice of guaranteed delivery, or one substantially equivalent to this form, must be used to accept the exchange offer, as defined below, if (i) certificates for the 5.250% Senior Notes due 2026 of Omega Healthcare Investors, Inc., or Omega, referred to as the initial notes, are not immediately available or if all required documents are unlikely to reach U.S. Bank National Association, the exchange agent, on or prior to the expiration date of the exchange offer or (ii) a book-entry transfer cannot be completed on a timely basis. This notice of guaranteed delivery may be delivered by hand, facsimile, mail or overnight carrier to the exchange agent. See “The Exchange Offer—Procedures for Tendering Initial Notes” in the prospectus. In addition, to utilize the guaranteed delivery procedure to tender initial notes pursuant to the exchange offer, (a) a properly completed and duly executed notice of guaranteed delivery must be delivered on or prior to the expiration date and (b) a properly completed and duly executed letter of transmittal relating to the initial notes or a facsimile thereof, or an agent’s message in lieu thereof, together with the initial notes tendered hereby in proper form for transfer or confirmation of the book-entry transfer of such initial notes to the exchange agent’s account at The Depository Trust Company, or DTC, must be received by the exchange agent within three (3) New York Stock Exchange trading days after the date of execution of this notice of guaranteed delivery. Unless indicated otherwise, capitalized terms used but not defined herein shall have the same meaning given them in the prospectus or the letter of transmittal, as the case may be.

 

The Exchange Agent for this Exchange Offer is:

 

U.S. Bank National Association

 

By Mail, Hand or Courier:
Corporate Trust Services

111 Fillmore Ave E

Mail Station EP-MN-WS2N

St. Paul, MN 55107

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

By Facsimile:

(651) 466-7402

Attention: Specialty Finance Group

Reference: Omega Healthcare Investors, Inc.

 

For Information or Confirmation by Telephone:

(800) 934-6802

 

 

 

 

    

The exchange offer will expire at 5:00 p.m., New York City time, on        , 2015, unless we extend the offer.  Tenders may be withdrawn at any time prior to the expiration of the exchange offer.

 

Delivery of this notice of guaranteed delivery to an address other than as set forth above or transmission of this notice of guaranteed delivery via facsimile to a number other than as set forth above will not constitute a valid delivery.

 

This notice of guaranteed delivery is not to be used to guarantee signatures. If a signature on a letter of transmittal is required to be guaranteed by an “eligible institution” under the instructions thereto, such signature guarantee must appear in the applicable space provided in the signature box on the letter of transmittal.

 

Aggregate Principal Amount Tendered* ______________________________________________ __________________
 
Name of Registered Holder(s) _____________________________________________________ ___________________
 
Certificate No(s). (if available) _____________________________________________________ ___________________
 
Total Principal Amount Represented by Initial Note Certificate(s) __________________________ ___________________
 
If initial notes will be tendered by book-entry transfer, provide the following information:
 
DTC Account Number: __________________________________________________________ ___________________
 
Date: ________________________________________________________________________ __________________
 
*Must be in denominations of U.S. $2,000 and any integral multiple of $1,000.
 
All authority herein conferred or agreed to be conferred shall survive the death or incapacity of the undersigned and every obligation of the undersigned hereunder shall be binding upon the heirs, personal representatives, successors and assigns of the undersigned.  

 

2  

 

 

PLEASE SIGN AND COMPLETE

 

Signature of Registered Holder(s) or Authorized Signatory:

 

____________________________________________________________________

 

Name(s) of Registered Holder(s):

 

____________________________________________________________________

 

Date: __________________________________________

 

Address: _______________________________________

_______________________________________________

_______________________________________________

 

Area Code and Telephone No.: _____________________

 

The notice of guaranteed delivery must be signed by the holder(s) of the initial notes exactly as their name(s) appear on certificates for the initial notes or on a security position listing as the owner of the initial notes, or by person(s) authorized to become registered holder(s) by endorsements and documents transmitted with this notice of guaranteed delivery. If signature is by a trustee, executor, administrator, guardian, attorney-in-fact, officer or other person acting in a fiduciary or representative capacity, that person must provide the following information, and unless waived by Omega, provide proper evidence satisfactory to Omega of such person’s authority to act.

 

Please print name(s) and address(es)

 

Name(s): ______________________________________________________________________________________

_____________________________________________________________________________________________

 

Capacity: _____________________________________________________________________________________

_____________________________________________________________________________________________

 

Address(es): __________________________________________________________________________________

____________________________________________________________________________________________

_____________________________________________________________________________________________

 

 

3  

 

 

GUARANTEE OF DELIVERY

(not to be used for signature guarantees)

 

The undersigned, a firm that is a member of a registered national securities exchange, a member of the National Association of Securities Dealers, Inc., a bank, trust company or other nominee having an office or correspondent in the United States or another eligible guarantor institution (as defined in the prospectus), hereby guarantees to deliver to the exchange agent, at one of its addresses set forth above, the letter of transmittal, together with the initial notes tendered hereby in proper form for transfer or confirmation of the book-entry transfer of such initial notes to the exchange agent’s account at DTC, pursuant to the procedures for book-entry transfer set forth in the prospectus, together with any other documents required by the letter of transmittal, within three trading days for the New York Stock Exchange after the date of execution of this notice of guaranteed delivery.

 

The undersigned acknowledges that (1) it must deliver to the exchange agent the letter of transmittal or a facsimile thereof, or an agent’s message in lieu thereof, and the initial notes tendered hereby in proper form for transfer or confirmation of the book-entry transfer of such initial notes to the exchange agent’s account at DTC within the time period set forth above and (2) that failure to do so could result in a financial loss to the undersigned.

 

Name of Firm: __________________________________________________________________________________

_____________________________________________________________________________________________

 

Address: _____________________________________________________________________________________

____________________________________________________________________________________________

____________________________________________________________________________________________

(Include Zip Code)

 

Area Code and Telephone No.: ____________________________________________________________________

 

Authorized Signature: ___________________________________________________________________________

 

Name: ________________________________________________________________________________________

 

Title: ________________________________________________________________________________________

(Please Print)

Dated: _______________________________________________________________________________________

 

Do not send certificates for initial notes with this form. Actual surrender of certificates for initial notes must be made pursuant to, and be accompanied by, an executed letter of transmittal.

 

 

4  

 

 

INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY

 

1. Delivery of this Notice of Guaranteed Delivery. A properly completed and duly executed copy of this notice of guaranteed delivery must be received by the exchange agent at one of its addresses set forth in this notice of guaranteed delivery before the expiration date. The method of delivery of this notice of guaranteed delivery and any other required documents to the exchange agent is at the election and sole risk of the holder of initial notes, and the delivery will be deemed made only when actually received by the exchange agent. If delivery is by mail, we recommend registered mail with return receipt required, properly insured. As an alternative to delivery by mail, holders may wish to use an overnight or hand delivery service. In all cases, sufficient time should be allowed to assure timely delivery. For a description of the guaranteed delivery procedures, see the prospectus and Instruction 1 of the letter of transmittal.

 

2. Signatures on this Notice of Guaranteed Delivery. If this notice of guaranteed delivery is signed by the registered holder(s) of the initial notes referred to in this notice of guaranteed delivery, the signatures must correspond exactly with the name(s) written on the face of the initial notes without alteration, enlargement, or any change whatsoever.

 

If this notice of guaranteed delivery is signed by a participant of DTC whose name appears on a security position listing as the owner of the initial notes, the signature must correspond with the name shown on the security position listing as the owner of the initial notes.

 

If this notice of guaranteed delivery is signed by a person other than the registered holder(s) of any initial notes listed or a participant of DTC whose name appears on a security position listing as the owner of the initial notes, this notice of guaranteed delivery must be accompanied by appropriate bond powers, signed exactly as the name(s) of the registered holder(s) appear(s) on the initial notes or signed as the name of the participant is shown on DTC’s security position listing, and also must be accompanied by such opinions of counsel, certifications and other information as the Company or the trustee for the initial notes may require in accordance with the restrictions on transfer applicable to the initial notes.

 

If this notice of guaranteed delivery is signed by a trustee, executor, administrator, guardian, attorney-in-fact, officer of a corporation, or other person acting in a fiduciary or representative capacity, such person should so indicate when signing and submit the notice of guaranteed delivery evidence satisfactory to Omega of the person’s authority to so act.

 

3. Questions, Requests For Assistance And Additional Copies. Questions and requests for assistance may be directed to the exchange agent at its address and telephone number set forth on the front of this notice of guaranteed delivery. Additional copies of the prospectus, the letter of transmittal, the notice of guaranteed delivery and Form W-8 may be obtained from the exchange agent at the address and telephone/facsimile numbers indicated above, or from your broker, dealer, commercial bank, trust company or other nominee.

 

5  

 

Exhibit 99.3

 

Omega Healthcare Investors, Inc.

 

Offer For All Outstanding

 

5.250% Senior Notes due 2026

in exchange for

 

5.250% Senior Notes due 2026

that have been registered under the

Securities Act of 1933

 

The exchange offer will expire at 5:00 p.m., New York City time, on           , 2015, unless we extend the offer.  Tenders may be withdrawn at any time prior to the expiration of the exchange offer.

 

To Securities Dealers, Brokers, Commercial Banks, Trust Companies and Other Nominees:

 

 Omega Healthcare Investors, Inc., a Maryland corporation, or Omega, is offering to exchange an aggregate principal amount of up to $700,000,000 of its 5.250% Senior Notes due 2026, which have been registered under the Securities Act of 1933, as amended, referred to as the exchange notes, for a like principal amount of its 5.250% Senior Notes due 2026, referred to as the initial notes, upon the terms and subject to the conditions set forth in the prospectus dated                , 2015, and in the related letter of transmittal and the instructions thereto.

 

 Enclosed herewith are copies of the following documents:

 

 1. The prospectus.

 

 2. The letter of transmittal for your use and for the information of your clients, including a substitute Internal Revenue Service Form W-9 for collection of information relating to backup federal income tax withholding.

 

 3. A notice of guaranteed delivery to be used to accept the exchange offer with respect to initial notes in certificated form or initial notes accepted for clearance through the facilities of The Depository Trust Company, or DTC, if (i) certificates for initial notes are not immediately available or all required documents are unlikely to reach the exchange agent on or prior to the expiration date or (ii) a book-entry transfer cannot be completed on a timely basis.

 

 4. A form of letter which may be sent to your clients for whose account you hold the initial notes in your name or in the name of a nominee, with space provided for obtaining such clients’ instructions with regard to the exchange offer.

 

 5. Return envelopes addressed to U.S. Bank National Association, the exchange agent for the exchange offer.

 

Please note that the exchange offer will expire at 5:00 p.m., New York City time, on          , 2015, unless extended. We urge you to contact your clients as promptly as possible.

 

     
     

 

 Omega has not retained any dealer-manager in connection with the exchange offer and will not pay any fee or commission to any broker, dealer, nominee or other person, other than the exchange agent, for soliciting tenders of the initial notes pursuant to the exchange offer. You will be reimbursed by Omega for customary mailing and handling expenses incurred by you in forwarding the enclosed materials to your clients and for handling or tendering for your clients.

 

 Additional copies of the enclosed materials may be obtained by contacting the exchange agent as provided in the enclosed letter of transmittal.

 

  Very truly yours,
   
  OMEGA HEALTHCARE INVESTORS, INC.

 

 Enclosures

 

NOTHING CONTAINED HEREIN OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU OR ANY OTHER PERSON AS AN AGENT OF OMEGA OR THE EXCHANGE AGENT OR AUTHORIZE YOU OR ANY OTHER PERSON TO USE ANY DOCUMENT OR MAKE ANY STATEMENT ON BEHALF OF ANY OF THEM WITH RESPECT TO THE EXCHANGE OFFER OTHER THAN THOSE STATEMENTS CONTAINED IN THE DOCUMENTS ENCLOSED HEREWITH.

 

The exchange offer is not being made to, and the tender of initial notes will not be accepted from or on behalf of, holders in any jurisdiction in which the making or acceptance of the exchange offer would not be in compliance with the laws of such jurisdiction.

 

  2    

 

 

Exhibit 99.4

 

Omega Healthcare Investors, Inc.

 

Offer For All Outstanding

 

5.250% Senior Notes due 2026

 

in exchange for

 

5.250% Senior Notes due 2026

that have been registered under the

Securities Act of 1933

 

The exchange offer will expire at 5:00 p.m., New York City time, on                     , 2015, unless we extend the offer. Tenders may be withdrawn at any time prior to the expiration of the exchange offer.

 

To Our Clients:

 

 Enclosed for your consideration is a prospectus dated                , 2015 and the related letter of transmittal and instructions thereto in connection with the offer, referred to as the exchange offer, of Omega Healthcare Investors, Inc., a Maryland corporation, or Omega, to exchange an aggregate principal amount of up to $600,000,000 of its 5.250% Senior Notes due 2026, which have been registered under the Securities Act of 1933, as amended, referred to as the exchange notes, for a like principal amount of its issued and outstanding 5.250% Senior Notes due 2026, referred to as the initial notes, upon the terms and subject to the conditions set forth in the prospectus and the letter of transmittal. Consummation of the exchange offer is subject to certain conditions described in the prospectus.

 

We are the registered holder of initial notes held by us for your account. A tender of any such initial notes can be made only by us as the registered holder and pursuant to your instructions. The letter of transmittal is furnished to you for your information only and cannot be used by you to tender initial notes held by us for your account.

 

 Accordingly, we request instructions as to whether you wish us to tender any or all such initial notes held by us for your account pursuant to the terms and conditions set forth in the prospectus and the letter of transmittal. We urge you to read the prospectus and the letter of transmittal carefully before instructing us to tender your initial notes.

 

 Your instructions to us should be forwarded as promptly as possible in order to permit us to tender initial notes on your behalf in accordance with the provisions of the exchange offer. The exchange offer will expire at 5:00 p.m., New York City time, on                      , 2015, unless extended. Initial notes tendered pursuant to the exchange offer may be withdrawn only under the circumstances described in the prospectus and the letter of transmittal.

 

     
     

 

Your attention is directed to the following:

 

 1. The exchange offer is for the entire aggregate principal amount of outstanding initial notes.

 

 2. Consummation of the exchange offer is conditioned upon the terms and conditions set forth in the prospectus under the captions “The Exchange Offer—Terms of the Exchange Offer” and “The Exchange Offer—Conditions of the Exchange Offer.”

 

 3. Tendering holders may withdraw their tender at any time until 5:00 p.m., New York City time, on the expiration date.

 

 4. Any transfer taxes incident to the transfer of initial notes from the tendering holder to Omega will be paid by Omega, except as provided in the prospectus and the instructions to the letter of transmittal.

 

 5. The exchange offer is not being made to, nor will the surrender of initial notes for exchange be accepted from or on behalf of, holders of initial notes in any jurisdiction in which the exchange offer or acceptance thereof would not be in compliance with the securities or blue sky laws of such jurisdiction.

 

 6. The acceptance for exchange of initial notes validly tendered and not withdrawn and the issuance of exchange notes will be made as soon as practicable after the expiration date.

 

 7. Omega expressly reserves the right, in its reasonable discretion and in accordance with applicable law, (i) to delay accepting any initial notes, (ii) to terminate the exchange offer and not accept any initial notes for exchange if it determines that any of the conditions to the exchange offer, as set forth in the prospectus, have not occurred or been satisfied, (iii) to extend the expiration date of the exchange offer and retain all initial notes tendered in the exchange offer other than those notes properly withdrawn, or (iv) to waive any condition or to amend the terms of the exchange offer in any manner. In the event of any extension, delay, non-acceptance, termination, waiver or amendment, Omega will as promptly as practicable give oral or written notice of the action to the exchange agent and make a public announcement of such action. In the case of an extension, such announcement will be made no later than 5:00 p.m., New York City time, on the next business day after the previously scheduled expiration date.

 

 8. Consummation of the exchange offer may have adverse consequences to non-tendering initial note holders, including that the reduced amount of outstanding initial notes as a result of the exchange offer may adversely affect the trading market, liquidity and market price of the initial notes.

 

 9. If you wish to have us tender any or all of the initial notes held by us for your account, please so instruct us by completing, executing and returning to us the instruction form that follows.

 

  2    
     

 

OMEGA HEALTHCARE INVESTORS, INC.

 

INSTRUCTIONS REGARDING THE EXCHANGE OFFER

WITH RESPECT TO THE

5.250% Senior Notes due 2026

(INITIAL NOTES)

 

 THE UNDERSIGNED ACKNOWLEDGES RECEIPT OF YOUR LETTER AND THE ENCLOSED DOCUMENTS REFERRED TO THEREIN RELATING TO THE EXCHANGE OFFER OF OMEGA HEALTHCARE INVESTORS, INC. WITH RESPECT TO THE INITIAL NOTES.

 

 THIS WILL INSTRUCT YOU WHETHER TO TENDER THE PRINCIPAL AMOUNT OF INITIAL NOTES INDICATED BELOW HELD BY YOU FOR THE ACCOUNT OF THE UNDERSIGNED PURSUANT TO THE TERMS OF AND CONDITIONS SET FORTH IN THE PROSPECTUS AND THE LETTER OF TRANSMITTAL.

 

¨ Please tender the initial notes held by you for my account, as indicated below.

¨ Please do not tender any initial notes held by you for my account.

 

Type

Aggregate Principal Amount Held for
Account of Holder(s)

Principal Amount to be Tendered*

5.250% Senior Notes due 2026        

 

* UNLESS OTHERWISE INDICATED, SIGNATURE(S) HEREON BY BENEFICIAL OWNER(S) SHALL CONSTITUTE AN INSTRUCTION TO THE NOMINEE TO TENDER ALL INITIAL NOTES OF SUCH BENEFICIAL OWNER(S).

 

  SIGN HERE  
     
     
  Signature(s)  
     
     
  Please print name(s)  
     
     
  Address  
     
     
  Area Code and Telephone Number  
     
     
  Tax Identification or Social Security Number  
     
     
  My Account Number with You  
     
     
  Date  
     

 

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