Cleveland Clinic Health System Obligated Group - FMSbonds.com

“Bond Indenture” means the Bond Indenture dated as of September 1, 2008, between the State, acting byand through the Commission, and the Bond Trustee, as it may be amended or supplemented from time to time inaccordance with its terms.“Bond Legislation” means:(a) when used with reference to the Series 2008A Bonds, the resolution adopted by theCommission providing for the issuance of the Series 2008A Bonds;(b) when used with reference to an issue of Additional Bonds, that resolution, to the extentapplicable, and the legislation providing for the issuance of those Additional Bonds; and(c) when used with reference to Bonds when there are outstanding Additional Bonds, theresolution adopted by the Commission providing for the issuance of the bonds, the legislation providing forthe issuance of the outstanding Additional Bonds, and the legislation providing for the issuance of theproposed Additional Bonds;in each case, including without limitation, any certificate of award that may be required to be executedprior to the issuance of the Series 2008A Bonds or Additional Bonds by the applicable Bond Legislation; all as dulyamended or supplemented from time to time.“Bond Register” means the registration books of the Commission kept by the Bond Trustee or the TenderAgent to evidence the registration and transfer of Series 2008A Bonds.“Bond Service Charges” means, for any period or date, the principal of and interest and any premium onthe Series 2008A Bonds or accruing for that period or due and payable on that date. In determining Bond ServiceCharges accruing for any period or due and payable on any date, Mandatory Sinking Fund Requirements accruingfor that period or due on that date, as applicable, shall be included and there shall be excluded all amounts to beretired by Mandatory Sinking Fund Requirements prior to such period or date.“Bond Trustee” means, initially, The Huntington National Bank, a national banking association organizedand existing under the laws of the United States and authorized to exercise corporate trust powers in the State,together with its successors and permitted assignees as Bond Trustee under the Bond Indenture.“Bondholder” means the Person in whose name a Series 2008A Bond is registered on the Register and hasthe same meaning as “Holder” and “Registered Owner.”“Bonds” means each series of bonds issued and outstanding pursuant to the Bond Indenture, including theSeries 2008A Bonds and any Additional Bonds.“Book Value” when used in connection with Property of a specified Person, means the cost of suchProperty, net of accumulated depreciation, as it is carried on the books of account of such Person which are used inthe preparation of the financial statements required by the Master Indenture.“Book Entry Form” or “Book Entry System” means a form or system, as applicable, under which (i)physical Series 2008A Bond certificates in fully registered form are issued only to a Depository or its nominee, withthe physical Series 2008A Bond certificates “immobilized” in the custody of the Depository and (ii) the ownershipof book entry interests in the Series 2008A Bonds and Bond Service Charges thereon may be transferred onlythrough a book entry made by persons or entities other than the Commission, the Bond Trustee or the BondRegistrar. The records maintained by those Persons or entities other than the Commission, the Bond Trustee and theBond Registrar constitute the written record that identifies the beneficial owners, and records the transfer, of bookentry interests in those Series 2008A Bonds and Bond Service Charges thereon, the Commission, the Bond Trusteeand the Registrar having no responsibility therefor.C-3