Attached files
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EX-10.1 - EX-10.1 - TIPTREE INC. | y02615exv10w1.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
November 18, 2009 (November 12, 2009)
Date of Report (Date of earliest event reported)
CARE INVESTMENT TRUST INC.
(Exact name of registrant as specified in its charter)
Maryland | 001-33549 | 38-3754322 | ||
(State or other jurisdiction | (Commission File Number) | (I.R.S. Employer | ||
of incorporation) | Identification No.) |
505 Fifth Avenue, 6th Floor, New York, New York | 10017 | |
(Address of principal executive offices) | (zip code) |
Registrants telephone number, including area code: (212) 771-0505
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:
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 November 12, 2009, pursuant to the loan purchase and sale agreement dated October 6, 2009, by
and between Care Investment Trust Inc. (the Company) and General Electric Capital Corporation, a
Delaware corporation (GECC) (the Purchase Agreement), and the assignment agreement dated
November 12, 2009, by and between the Company and GECC (the Assignment Agreement), the Company
completed the sale of its interests in two participation loans made to several skilled nursing
facilities, assisted living facilities and independent living facilities with current principal
balances of $24,360,000.00 and $604,471.05, respectively (the Loans), for an aggregate purchase
price of $22,417,934.33, which includes $24,910.38 of accrued interest and is net of $75,000 to
cover the Companys portion of the remaining capital expenditure funding requirements.
This summary of the terms of the Purchase Agreement and the Assignment Agreement is qualified in
its entirety by reference to the Purchase Agreement and the Assignment Agreement themselves, which
are attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are filed as part of this Report to the extent described in Item 1.01.
10.1 Loan Purchase and Sale Agreement, dated as of October 6, 2009, by and between Care Investment
Trust Inc. and General Electric Capital Corporation.
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.
Date: November 18, 2009
CARE INVESTMENT TRUST INC. |
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By: | /s/ Torey Riso | |||
Name: | Torey Riso | |||
Title: | Chief Compliance Officer & Secretary | |||