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"Subordinated Hospital Debt" means all obligations incurred or
<br />assumed by the debtor, the payment of which is by its terms specifically
<br />subordinated to payments of all Bonds, or the principal of and interest
<br />on which would not be paid (whether by the terms of such obligation or
<br />by agreement of the obligee) when the Bonds are in default or while
<br />bankruptcy, insolvency, receivership or other similar proceedings are
<br />instituted and implemented.
<br />
<br /> "Tax Compliance Agreement" means the Tax Certificate and
<br />Compliance Agreement, dated as of the date of delivery of any Series of
<br />Bonds to the Original Purchaser thereof, executed and delivered by the
<br />Lessee to the Issuer and Trustee.
<br />
<br /> "Total Operating Revenues" means, with respect to the
<br />Operator, total patient revenue less provision for uncollectable
<br />accounts, charity cases and any contractual adjustments, plus other
<br />operating revenues.
<br />
<br /> "Variable Rate Hospital Debt" means Hospital Debt that bears
<br />interest at a variable, adjustable or floating rate, and for purposes of
<br />calculating compliance with any of the tests, restrictions or covenants
<br />set forth in the Indenture, Variable Rate Hospital Debt will be assumed
<br />to bear interest at a rate or rates set forth in an opinion of an in-
<br />vestment banker experienced in underwriting Hospital Debt of comparable
<br />terms and provisions or another person experienced in the sale and
<br />issuance of Hospital Debt of comparable terms and provisions.
<br />
<br /> Any reference herein to the Issuer or the Legislative Author-
<br />ity, the Executive, the Fiscal Officer, the Legal Officer, the Clerk, or
<br />to any other officers of the Issuer, or to other public boards, commis-
<br />sions, departments, institutions, agencies, bodies, entities or officers
<br />thereof, shall include those who or which succeed to the functions,
<br />duties or responsibilities thereof pursuant to or by operation of law or
<br />who or which are lawfully performing such functions, duties or responsi-
<br />bilities. Any reference to a section or provision of the Constitution
<br />of the State, of the Ohio Revised Code, or of Federal or State laws and
<br />regulations, shall include such section or provision as from time to
<br />time amended, modified, revised, supplemented, or superseded, provided
<br />that no such change in the Constitution or laws shall be deemed applica-
<br />ble by reason of this provision if such change would in any way consti-
<br />tute an impairment of the rights or the Issuer, the Bondholders or the
<br />Trustee under the Indenture or an alteration of the obligation to pay
<br />the Bond Service Charges in the amount and manner, at the times, and
<br />from the sources provided in the applicable Series Bond Legislation and
<br />the Indenture, except as otherwise herein permitted.
<br />
<br /> Unless the context shall otherwise indicate, words importing
<br />the singular number shall include the plural number, and vice versa, and
<br />the terms "hereof", "herein", "hereby", "hereto", "hereunder" and simi-
<br />lar terms refer to this First Supplemental Bond Legislation and the
<br />Indenture.
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