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Last modified
3/14/2023 1:42:26 PM
Creation date
10/16/2015 2:07:09 PM
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Resolutions
Resolution Number
2000-057
Approved Date
05/16/2000
Resolution Type
Amending Resolution 2000-044
Entity Name
Sun Trust Bank Chase
Chase Manhattan Bank
Florida Convalescent Centers
Subject
Industrial Development Revenue Refunding Bonds
Series 1988A
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Exhibit "A" <br />AMENDMENT TO AGREEMENT BETWEEN <br />TRUSTEE AND REGISTRAR AND PAYING AGENT <br />THIS AMENDMENT TO AGREEMENT BETWEEN TRUSTEE AND <br />REGISTRAR AND PAYING AGENT (the "Amendment") is made as of the 251h day <br />of April, 2000, by and between SUNTRUST BANK, as successor to Third National <br />Bank in Nashville, a national banking association, as Trustee (the "Trustee"), and <br />THE CHASE MANHATTAN BANK, as successor in interest to Chemical Bank, a <br />New York banking corporation, as Registrar and Paying Agent (the "Agent"). This <br />Amendment amends the Agreement Between Trustee and Registrar and Paying <br />Agent, dated as of March 1, 1988 (the "Agency Agreement"), by and between the <br />Trustee and the Agent and relating to the $4,478,000 Indian River County, Florida <br />Variable Rate Demand / Fixed Rate Industrial Development Revenue Refunding <br />Bonds (Florida Convalescent Centers, Inc. Project) Series 1988A (the "Bonds"). <br />WITNESSETH: <br />WHEREAS, the Trustee is trustee for the Bonds under that certain Indenture <br />of Trust, dated as of March 1, 1988 (the "Indenture"), by and between the Trustee and <br />Indian River County, Florida, relating to the Bonds; and <br />WHEREAS, the Agent serves as the Registrar and Paying Agent (as defined in <br />the Indenture) under the terms and conditions of the Indenture; and <br />WHEREAS, the Trustee has held a letter of credit issued by The Toronto - <br />Dominion Bank (the "Replaced Letter of Credit") as the Credit Facility under the <br />Indenture. Florida Convalescent Centers, Inc. (the "Borrower") has caused there to be <br />delivered to, and there has been accepted by, the Trustee a substitute Qualified Credit <br />Facility issued by Norwest Bank Minnesota, National Association (the "Substitute <br />Letter of Credit") to replace the Replaced Letter of Credit pursuant to the terms of the <br />Indenture; and <br />WHEREAS, the Trustee and the Agent wish to enter into this Amendment to <br />amend the Agency Agreement as set forth herein to (i) provide for the <br />acknowledgement of the assumption of the duties and obligations of Registrar and <br />Paying Agent (as defined in the Indenture) by the Agent, as successor in interest to <br />Chemical Bank, (ii) reflect the replacement of the Replaced Letter of Credit with the <br />Substitute Letter of Credit or such other Qualified Credit Facility or Alternate Credit <br />Facility as the Borrower shall, from time to time, cause to be delivered to the Trustee <br />in accordance with Section 5.07(b) of the Indenture, and (iii) reflect the replacement of <br />The Toronto -Dominion Bank with Norwest Bank Minnesota, National Association, or <br />such other Credit Facility Provider that issues such other Qualified Credit Facility or <br />
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