Attached files
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EX-99.1 - EX-99.1 - Diversicare Healthcare Services, Inc. | g26913exv99w1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
April 20, 2011 (April 18, 2011)
ADVOCAT INC.
Delaware | 001-12996 | 62-1559667 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(Employer Identification Number) |
1621 Galleria Boulevard Brentwood, TN 37027-2926
(Address of principal executive offices)
(615) 771-7575
(Registrants telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2 below):
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. | Entry into a Material Definitive Agreement. |
On April 18, 2010, the Company entered into an Eleventh Amendment to the Amended and Restated
Master Lease (Master Lease) with Sterling Acquisition Corp. (the Lessor), an affiliate of
Omega Healthcare Investors, Inc. The purpose of the amendment is for the Lessor to provide an
additional improvement allowance of $5 million to be used for certain capital improvements at four
of the Companys nursing centers leased from the Lessor. The annual base rent payable under the
existing Mater Lease shall be increased by 10.25% of the amount of the additional improvements
allowance disbursed. A press release regarding this amendment is attached as an exhibit hereto.
Item 9.01. | Financial Statements and Exhibits. |
(c) Exhibits
Number | Exhibit | |
99.1 | Press release dated April 20, 2011 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ADVOCAT INC. |
||||
By: | /s/ L. Glynn Riddle, Jr. | |||
L. Glynn Riddle, Jr. | ||||
Chief Financial Officer | ||||
Date: April 20, 2011
EXHIBIT INDEX
Number | Exhibit | |
99.1 | Press release dated April 20, 2011 |