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92-046 Ordinance
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92-046 Ordinance
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1/20/2014 12:16:36 PM
Creation date
1/17/2014 7:39:53 AM
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North Olmsted Legislation
Legislation Number
92-046
Year
1992
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?. <br />"Clerk" means the Clerk of the Legislative Authority. <br />"Code" means the Internal Revenue Code of 1986, as amended, including, when <br />appropriate, the statutory predecessor of the Code, and all applica.ble reguladons (whether <br />proposed, temporary or final) under that Code and the statutory predecessor of the Code, and <br />any official rulings and judicial determinations under the foregoing applicable to the Bonds. <br />"Execudve" means the Mayor of the Issuer. <br />"Fiscal Officer" means the Director of Finance of the Issuer. <br />"Guarantor" means Fairview General Hospital, a nonprofit corporation organized <br />and existing under the laws of the State of Ohio. <br />"Guaranty" means the Guaranty Agreement, to be dated as of even date with the <br />Indenture between the Guarantor and the Trustee, as amended or supplemented from time to <br />dme. <br />"Holder" or "Holder of a Bond" means the person in whose name a Bond is <br />registered on the Register for which provision is made in Section 3.06 of the Indenture. <br />"Indenture" means the Trust Indenture, to be dated as of June 1, 1992, between <br />the Issuer and the Trustee, as amended or supplemented from time to dme. <br />"Interest Payment Date" means, as to the Series 1992 Bonds, the Interest Payment <br />Date as defined in the Indenture. <br />"Issuer" means the City of North Olmsted, Ohio, a municipal corporadon and <br />political subdivision of the State. <br />"Legislative Authority" means the City Council of the Issuer. <br />"Loan" means the loan by the Issuer to the Borrower of the proceeds received <br />from the sale of the Bonds. <br />"L.oan Payments" means the amounts required to be pa.id by the Bonower in <br />repayment of the Loan pursuant to the provisions of the Notes and Section 4.1 of the Agreement. <br />"Notes" means the Series 1992 Note and any Additional Notes. <br />"Offering Circular" means the Offering Circular prepared in connection with the <br />offering of the Series 1992 Bonds. <br />"Original Purchaser" means, as to the Series 1992 Bonds, the Person or Persons <br />identified as the purchaser or purchasers in the Purchase Agreement. <br />-3-
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