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1987-139
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1987-139
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Last modified
9/2/2022 9:33:01 AM
Creation date
9/1/2022 9:39:10 AM
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Template:
Resolutions
Resolution Number
1987-139
Approved Date
11/24/1987
Resolution Type
INDUSTRIAL DEVELOPMENT REVENUE REFUNDING BONDS
Subject
financing the acquisition of a Health Care Facility by Fl. Convalescent Centers, Inc.,
consisting of an 91-bed Nursing Home providing for issuance by ORC
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5.06 Indemnification of Issuer, Trustee and Registrar <br />and Paying Agent . . . . . <br />5.07 Maintenance of Corporate Existence <br />5.08 Further Assurances by Borrower . . . . . . . . . . . . . . <br />ARTICLE VI <br />EVENTS OF DEFAULT AND REMEDIES; <br />REMEDIES <br />6.01 <br />Events of Default . , <br />6.02 <br />Remedies . . . . . . . . . . <br />6.03 <br />No Waiver of Rights . . . . <br />6.04 <br />Waiver of Default . . . . . . . . . . . . . . . . . . . . . <br />ARTICLE VII <br />PREPAYMENTS <br />7.01 Redemption of Bonds by Voluntary Payment . <br />7.02 Mandatory Redemption of Bonds Upon Determination <br />of Taxability . . . . . . . . . <br />7.03 Extraordinary Redemption of Bonds . . . . . . . . . . . . . <br />ARTICLE VIII <br />MISCELLANEOUS <br />8.01 Covenants for Benefit of Holders <br />8.02 Compliance with Indenture <br />8.03 Actions of Borrower and the Issuer . <br />8.04 Issuer's Liability Limited . . . . <br />8.05 Giving of Notice . . . . . . <br />8.06 Rights and Remedies of Issuer. <br />8.07 Amendment of Loan Agreement and Note <br />8.08 Counterparts . . , . , , . . . . . <br />8.09 Severability , . , . . . , , , , . . . . . . . <br />8.10 Assignment of Loan Agreement and Note by Issuer <br />8.11 Governing Law . . . . . . . <br />8.12 Registrar and Paying Agent as Beneficiary . . . . . , . . . <br />Exhibit A - Description of the Project <br />PAGE <br />
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