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SECTION.. COMPLIANCE CRITERIA ACTION/STATUS <br /> Property 80% of Hospital Value or Totat Debt <br /> General Liability $500,000 per occurrence personal injury <br /> $ l OQ,000 per occurrence properly damage <br /> Worker's Compensation State of Ohio requirements <br /> Use and Occupancy 24 months of Maximum Debt Service <br /> Professional Liability, $500,000/claim; $1,000,000 ammual aggregate <br /> Excess Liability $1,000,000 annual aggregate <br /> Comprehensive <br /> Motor Vehicle $500,000 per occurrence <br /> Boiler $500,000 per occurrence <br /> Fidelity Bonds Employees with access to revermes; <br /> _. Tndu standard... <br /> 4. Sale of Assets In Compliance. <br /> Sale of assets requires issuance of a report stating that such sate will <br /> not affect the Hospital's ability to fulfill the rate covenant. <br /> 5. Reserve Requirements --Debt Services Reserve Fund 1n Compliance. <br /> (a) Series One & Two: Maintenance in debt service reserve fund. in the <br /> amount equal to the lesser of: (i) 10% of the original face amount <br /> of all bonds issued under the indenture or (ii) the maximum annual <br /> debt service on allbonds outstanding. <br /> (b) 1989 refunding issue: Reduction in the. amount on deposit <br /> provided that such withdrawals did not. adversely affect any <br /> Hospital bond ratings or the tax-exempt status of bond income to <br /> the bondholders, and the liquidity tests are met as follows: (i) <br /> unrestricted case and investments >_175% of maximum annual <br /> debt service on the bonds; {ii) rate covenant must be maintained at <br /> 1.48 <br /> 6. Maintenance of Facilities 1n Compliance. <br /> Facilities must be maintained in good repair and operating condition <br /> for their intended use. <br />4 <br />C:~Documenta and Settings~lhV:ocal Settings\Temponuy Intamet Files10LK37F12006 Lkw MemberReport.doc <br />Page 10 , <br />~;:~ <br />