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1983-102
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1983-102
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Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
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Resolutions
Resolution Number
1983-102
Approved Date
10/19/1983
Subject
Providing for the financing of the acquition construction & equipment of a
120 Bed Nursing Home Facility located on 37th Street, Providing for Industrial
Development Revenue Bonds (Florida Health Facilities Project)
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ARTICLI:: [ <br />01::rINITJ.ONS AND OTIIER PROVISIONS OP <br />GENERAL APP LICATION <br />Section 1.1 Definitions. In add ition to the words and <br />ter::is t.?l s e ·..,here defined in this Indenture, the following word s <br />a nd te rms as used in this Indenture shall have the following <br />;ne a.nin1s unlt.?ss the context or use indicates another or diffe rent <br />~ean1~1 o r intent: <br />"ii.ct" s hall mean Chapter 153, Part II, florida Statu t es, <br />and J ther applicable p rovisions of law, and all future ac ts <br />.:;uppl~.:ient.J.l the reto or amen datory thereof. <br />",\dditional 13onds" shall mean any Bonds issued pursuant <br />t~ Sec~iJns 2 ,➔ and J,3 of this Indenture. <br />"Ac.lministration Expenses" shall rnean the r-ea sonable and <br />n.::c~ssar1 expense s incurred by the Is su er and the ·rrustee pur- <br />su~nt to the Loan Agreement and this Inden tur-e, and the compen- <br />3ation ~nJ expenses paid to or incurred by the Trustee or-Paying <br />A:_ient ~nJer this Inde nture, i ncluu ing but not li.nited to all <br />expenses lnd taxes, if any, applicable to or arising fr-om any <br />transfec ~f title or-any creation or transfer-of a ny lien or <br />=securit:t interest provided for in oc contemplateu by the Loan <br />,\gr-~e:n t.?nt or this Inde nture a nd any inter-est and pena l ties f or <br />no:1 ~,:iy:1ent ,)c ,lelay in the payment o f ;iny such ta xes, which s hall <br />not a..ivP. b een paid out of the procaeds from the sale of the Bo nus <br />or ~y tha ilorrower. <br />"Affiliates of the Bor-rower" shall mean Per-sons <br />controll i.ng, contolle<l by or under-crn:imon control with the <br />:lorr~wer. <br />"Au tho rized □orr ower Rep rasentati ve" sha ll me an any per- <br />$On ,lt the time designated to act on behalf of the Borrower by a <br />.. ..,rittcn c er tificate , signed o n behalf of the nor-rower by its <br />President or o ne of its Vice Presidents or its Tr-easurer, and by <br />its 3ecretilry or one o f its Assistant Secretaries, or its <br />man::i J ill'J partner, whiche ver is applicable, and furnisheLl to the <br />[sduer an<l t he Trustee, cont~i ni ng the specimen signature of each <br />such pt.?rson. <br />"Uo ndho lder " or "holder o f the Bonds" o r "ho l der" sha ll <br />:nean the registered o,-1 ne r of any regi stered Bon.J . <br />"Bonus" shall me an the Cnclustrial Devolopment !1evenu c~ <br />llon:JG,, Se ri es 1983 (PloriJa llealt.h Fi.lcilities Project), of the <br />-13-
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