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106-83 Bonds for Hospial
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106-83 Bonds for Hospial
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Last modified
5/14/2013 3:10:03 PM
Creation date
12/21/2005 6:35:28 AM
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Office Of Council
Document Type
Ordinances
Date
12/21/2005
Date Adopted
10/17/1983
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with any premium and accrued interest on the aggregate principal, amount <br />of the Bonds of such Series from their date to the date of their deli- <br />very to the Original Purchaser. <br /> <br />"Qualified Property" means any personal or real property, <br />other than the Existing Hospital Facilities or the Medical Office Build- <br />~ing, which constitutes Hospital Facilities and which is necessary or <br /> useful in the operation of the Hospital Facilities, the depreciation <br /> charges for which are allowable costs under Medicare and Medicaid reim- <br /> bursement regulations or other programs which provide for payment or <br /> reimbursement based in whole or in substantial part on costs including <br /> depreciation. <br /> <br /> "Rating Service" means Moody's Investors Service, Inc. or <br />Standard & Poor's Corporation, or the successor of either of such corpo- <br />rations. <br /> <br /> "Refunding" means, with respect to any Outstanding Bonds, <br />either the refunding or advance refunding of such Bonds. <br /> <br /> "Registered Bonds" and "fully registered Bonds" means Bonds <br />registered in the respective names of the holders thereof, with respect <br />to both principal and interest. <br /> <br /> "Reimbursement Agreement" means the Reimbursement Agreement <br />dated as of even date with the Series 1983 Bonds originally delivered, <br />between the Issuer and the Bank relating to repayment by the Issuer of <br />moneys drawn under the Letter of Credit. <br /> <br /> "Rsmarketing Agent" means the person at the time acting as <br />such under the Payment, Purchase and Remarketing Agreement, originally <br />McDonald & Company Securities, Inc. and any successor remarketing agent <br />as determined or designated under or pursuant to the Payment, Purchase <br />and Remarketing Agreement. <br /> <br /> "Security Agreement" means the Security Agreement dated as of <br />even date with the Series 1983 Bonds originally delivered, between the <br />Issuer and the Bank, relating to the security for the Issuer's <br />obligations under the Reimbursement Agreement. <br /> <br /> "Senior Bonds" means the Issuer's Hospital Improvement Revenue <br />Bonds, Series 1983-A, dated March 15, 1983, and any other bonds issued <br />on a parity therewith pursuant to the Senior Indenture. <br /> <br /> "Senior Indenture" means that certain Trust Indenture, dated <br />as of March 15, 1983, between the Issuer and National City Bank, <br />Cleveland, Ohio, as Trustee, as the same may be amended or supplemented <br />in accordance with its terms. <br /> <br />-13- <br /> <br /> <br />
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