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"_Available Moneys" means moneys held by or on behalf of the Trustee or <br />the Registrar and Paying Agent (i) that constitute proceeds of Bonds; (ii) that <br />were received by the Trustee or the Registrar and Paying Agent from the <br />remarketing of the Bonds by the Remarketing Agent; (iii) that were realized by <br />the Trustee or the Registrar and Paying Agent under the Credit Facility; (iv) <br />that were received by the Trustee from or on behalf of the Issuer or the Borrower <br />and that have been on deposit with the Trustee for at least 124 days during which <br />no proceeding by or against the Issuer or the Borrower (as the case may be) under <br />any federal or state bankruptcy or insolvency law or any similar law in effect on <br />the date of this Indenture or thereafter enacted shall have been commenced or be <br />pending, unless such proceeding shall have been dismissed and such dismissal <br />shall be final and not subject to appeal.; (v) that constitute proceeds <br />(including, without limitation, investment earnings) of any of the foregoing; and <br />(vi) with respect to which there shall have been delivered to the Trustee an <br />opinion of nationally -recognized counsel experienced in bankruptcy matters to the <br />effect that the payment of such moneys to the holder of any Bond will not be <br />avoidable under the preference avoidance powers of a trustee in bankruptcy of the <br />Issuer or the Borrower under Section 547 of the United States Bankruptcy Code (or <br />any section amendatory of, supplemental to or replacing such Section) in the <br />event that the Issuer or the Borrower becomes the subject of a case thereunder. <br />For the purposes of clause (iv) of this definition, moneys shall be deemed to <br />have been received by or deposited with the Trustee only when cash or its <br />equivalent is so received or deposited (as the case may be) or, in the case of <br />checks or drafts, when final payment thereof has been made to the Trustee by the <br />payor bank. <br />"Bond" or "Bonds" means the Indian River County, Florida Variable Rate <br />Demand/Fixed Rate Industrial Development Revenue Refunding Bonds (Florida <br />Convalescent Centers, Inc. Project), Series 198 , authorized by Section 2.01 of <br />this Indenture, <br />")fond Counsel" means a law firm having a national reputation in the <br />field of municipal law whose legal opinions are generally accepted by purchasers <br />of municipal Bonds. <br />"Bondholder". "Holder" or "Owner" or any similar term, when used with <br />reference to a Bond, means the registered owner of such Bond. <br />"Borrower" means Florida Convalescent Centers, Inc., a corporation duly <br />organized and existing under the laws of the State of Florida, and its successors <br />and assigns. <br />"_Business Day" means a day other than (i) a Saturday, Sunday or other <br />day on which banking institutions in the State or the city in which the Principal <br />Office of the Trustee, the Registrar and Paying Agent, the Remarketing Agent or <br />the Credit Facility Provider is located are authorized or required to close and <br />(ii) a day on which the New York Stock Exchange is closed. <br />"Code" means the Internal Revenue Code of 1986, as amended, or any <br />applicable predecessor statutory provisions, and the applicable regulations <br />thereunder. <br />- 5 - <br />