Cleveland Clinic Health System Obligated Group - FMSbonds.com

Rate Hedge” for purposes of this Master Indenture without regard to whether such arrangement qualifies for hedgeaccounting treatment under GAAP.“Interest Rate Period” means a period during which all of the Series 2008A Bonds bear interest at a FixedInterest Rate as specified in or determined in accordance with the Bond Indenture.“Interim Indebtedness” means Indebtedness incurred or assumed in anticipation of being refinanced orrefunded with Long-Term Indebtedness.“Issuance Date” means the date of physical delivery of the Series 2008A Bonds by the Commission inexchange for payment of the purchase price of those Series 2008A Bonds.“Lease” means the Lease dated as of September 1, 2008, between the State, acting by and through theCommission, as lessor, and the Cleveland Clinic, as lessee, as it may be amended or supplemented from time to timein accordance with its terms.“Leased Premises” means the Leased Real Property, the Existing Facilities and the Projects, together withany substitutions or additions made thereto from time to time, including without limitation, any Projects, but lessany removals therefrom, in the manner and to the extent provided in the Lease.“Leased Real Property” means the property described in Exhibit A to the Base Lease, as modified fromtime to time, including any substitutions or additions made thereto and excluding any removals made therefrom, inthe manner and to the extent provided in the Lease.“Lease Term” means the period commencing on the Issuance Date of the Series 2008A Bonds and endingon the Termination Date.“Legal Restrictions” means federal, state or other applicable governmental laws, regulations, judicial oradministrative rulings affecting any Obligated Issuer or Group Affiliate.“Long-Term” when used in connection with Indebtedness (including Master Notes), means Indebtednessthat by its terms matures more than one year after the date of the original incurrence or issuance thereof orrenewable at the option of the obligor for a period greater than one year from the date of original incurrence orissuance thereof, Indebtedness consisting of demand notes with alternative stated maturities of one year or lesswhich in the absence of demand are extended to a date more than one year after the date of the original incurrencethereof and Indebtedness consisting of commercial paper.“Lutheran” means Lutheran Hospital, an Ohio nonprofit corporation, together with its successors andpermitted assignees, and currently an Obligated Issuer.“Maker” means the member of the Obligated Group issuing the Master Note or Master Notes.“Mandatory Redemption Dates” means, (i) as to the Series 2008A Bonds, January 1 of the years set forth inthe Principal Retirement Schedule, and (ii) as to any Additional Bonds, the Mandatory Redemption Datesdetermined or designated in or pursuant to the applicable Bond Legislation or Supplemental Bond Indenture withrespect to any bonds to be retired pursuant to the Mandatory Sinking Fund Requirements.“Mandatory Sinking Fund Requirements” means (i) as to the Series 2008A Bonds, the amounts to beredeemed by mandatory redemption indicated in the Principal Retirement Schedule for the Series 2008A Bonds, and(ii) as to any Additional Bonds, the mandatory sinking fund requirements determined or designated in or pursuant tothe applicable Bond Legislation or Supplemental Bond Indenture.“Marymount” means Marymount Hospital, Inc., an Ohio nonprofit corporation, together with its successorsand permitted assignees, and currently an Obligated Issuer.C-11