51-96 Lakewood Hosp Lease - Laserfiche WebLink

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respect to Medicaid, the City and third-party in.su~rsgf City'.s p.aticn, ts, and City and the United States of America with respect to Medicare and all omer equivalent insurance programs, or any state or federal program substituted in lieu. thereof), general, intangibles, and doCUments,, whicl'. are associated with the City's ownership and the Hospital Trustees operatmn of the Lessee Facilities. ' "Interest Rate for Advances' means the greater of (i) the rate of ten percent pc, nnum or iii'} a rate which is one percent ~er annum in excess of the interest rate then announced u'-~licly b~ {he Senior Trustee, i~t its len~ling capacity as a financial institution, as its prime o, base rate. 'Lease' means this Lease, as duly amended or supplemented from time to time accordance with the terms hereof and of the Senior Indenture. "Lease Term" means the period commencing with the delivery of this Lease and ending on the Termination Date. "Leased Premises' means, collectively, the Leased Real Premises, Existing Facilities, any Improvements and all appurtenances thereto and thereof, and all substitutions or replacements therefor, whether now existing or:.h.~:aafl~,I._~lltuired, leased, used or operated b.¥ Kc Lessee in connectiofftherewith and located, within mc Ci~ h~iuding all "Hospital FaciIitiis" /~ defined in the Indentures less such Property as may f-mm time to thnc be disposed of by thc Lessee. "Leased Real Premises' means the interests in real estate described in Exhibit ~ hereto wllich E. xhi'.bit A is incorporated herein as if_the same were fully set forth herei/i, together · with any subsutuuons or additions made thereto, but less any removals made therefrom, from time to time in the manner and to the extent provided herein and in the Indentures. "Lessee" means Lakewood Hospital Association, an Ohio nonprofit corporation and a nonprofit hospital agency, as de. Cm..ed in Section.140.01, O~o .Revised Code, and its lawful successors, including without llrn,mtion, any surviving, resulting or transferee corporation or entity,, as provided in Sections 9.3 and 9.4 hereof. The term Lessee does not include any for profit or not for profit corporation which Controls, is Controlled by or is under common Control with the Lessee. "Manaeement Contract" means an agreement with a partnership or corporation which is not an Aff'fliated Corporation or m not the Member or a parmershzp or corporauon, controllmg the Member or, on November 1, 1996, controlled by the Member to provide substantially all of the executive management of the Leased Premises. "Member" means CCI: or any Permitted Affiliate designated by CCF as the Member pursuant to the Definitive Agreement or (i) in the event that CCI: or'the designated Permitted Affiliate resigns or otherwise ceases to be the Member and a Permitted Affiliate is not concurrently designated by CCF as the Member or (ii) if the Detrmitive Agreement should terminate and the failure or r~fusal contemplated by Section 10.4 thereof occurs, then the Governing Board. -8-