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T <br />as a <br />.8 <br />administrative efficiency and cost reduction and other <br />to <br />In Compliance: <br />1. Rate Covenant -Hospital will operate: <br />Net Income + Depreciation + interest <br />Interest+ Principal Payments > 1.2 <br />2. Additional Hospital Debt - <br />(a) Long-term. debt N/A <br />Hospital may incur debt if rate covenant test is met and will be' <br />met in the Future <br />(6) S$oxf-terml~ospitalTlebt <br />Re Ding btdet~turu pr~miits debf in an amount up to 1~®la. of i <br />o ~ g; teveuuea far working capital necxis= The amount is N/A <br />tti be rtadatced to ~°l pf operag zevertues for at.lewast 20 <br />days in each. fiscal year. <br />(c) Other Debt vehicles <br />Bond defines permissible debt vehicles, which are subject to rate <br />covenant <br />3. Maintenance ofInsGrance <br />Hospital will maintain insurance on the facilities and. be insured 'Insurance coverage equals ar exceeds the minimum levels <br />against risks as aze customarily insured against in connection with as stated. Copy of letter from CCHS-Indemnity Co., Ltd. to <br />operations. The Hospital must carry specific insnrance es follows: be obtained <br />C:\Doc~enm and. Settings\~mulhlLocal•Settings\TempoLary Intemgt Files\OLS37F\2006 Lkw MembeiReport.doc <br />Page 9 <br />