EXHIBIT 10.2
LEASE AGREEMENT
by and between
HERNANDO COUNTY, FLORIDA
a political subdivision of the State of Florida ("County")
and
HERNANDO HMA, INC.
LEASE AGREEMENT
TABLE OF CONTENTS
PAGE
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ARTICLE I
RECITALS, DEFINITIONS AND DEMISE........ 2
1.1 RECITALS.................................... 2
1.2 DEFINITIONS................................. 2
1.3 DEMISE OF THE LEASED PREMISES............... 12
ARTICLE II
REPRESENTATIONS................. 12
2.1 REPRESENTATIONS OF LESSOR................... 12
2.2 REPRESENTATIONS OF LESSEE................... 14
ARTICLE III
LEASE TERM AND RENTAL PROVISIONS......... 15
3.1 LEASE TERM.................................. 15
3.2 EXPIRATION OR TERMINATION OF LEASE.......... 15
3.3 RENT........................................ 22
ARTICLE IV
OPERATION OF HOSPITAL FACILITIES......... 22
4.1 OPERATION OF HOSPITAL FACILITIES............ 22
ARTICLE V
TAXES AND UTILITIES............... 30
5.1 TAXES....................................... 30
5.2 UTILITIES................................... 31
ARTICLE VI
INSURANCE.................... 32
6.1 INSURANCE................................... 32
6.2 BLANKET POLICIES............................ 34
6.3 INCREASE IN COVERAGE........................ 34
6.4 QUALIFIED INSURER AND STANDARD PROVISIONS... 35
6.5 LIABILITY PROTECTION........................ 36
6.6 INSURANCE PROCEEDS.......................... 36
ARTIC