qualified continuing care facility
(A)For purposes of this section, the term “qualified continuing care facility” means 1 or more facilities— (i)which are designed to provide services under continuing care contracts, and (ii)substantially all of the residents of which are covered by continuing care contracts. (B)A facility shall not be treated as a qualified continuing care facility unless substantially all facilities which are used to provide services which are required to be provided under a continuing care contract are owned or operated by the borrower.