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- 9�- 1�;4�vo House Corporation and its parent corporation and may not be exercised by any successor or assign. Sterling House Corporation or its parent corporation (whichever acquires such interests) must, as a further condition of such acquisition, notify Lender in advance of such acquisition, and must have at the time of such acquisition and must thereafter maintain, and must provide evidence to Lender upon Lender's request from time to time of, a minimum tangible net worth of$50,000,000, or the failure to do so shall constitute an additional Event of Default pursuant to the Superior pocuments at Lender's option. (b) Subject to the conditions hereinafter set forth in this subparagraph(b),without regazd to whether a Default or Event of Default exists, if otherwise permitted by one or more separate purchase option agreements between Borrower and Subordinating Creditor, Subordinating Creditor may purchase any Facility or Related Facilities and the real property upon which each is located and personal property relating thereto(hereinafter individually referred to as a"Facility" and collectively as the "Facilities") and either(i) assume the Loans thereon or(ii) cause the Facility or Facilities so acquired to be released from the Superior pocuments by paying the "Release Price" therefor(including any applicable prepayment premium) as calculated in accordance with Exhibit C attached hereto, provided if at the time of such acquisition, any Facility or Facilities not being � acquired(or the Loan or Loans thereon)has an outstanding Default or Event of Default,such Facility or Facilities to which the Default or Event of Default relates must as a condition of such acquisition then be released and the Release Price paid as provided herein, or such Default or Event of Default for such Facility or Facilities not acquired must be cured. Lender will in such event waive any requirement that the Facility or Facilities be completed and operating for any specified period. 492286.3 11