Okaloosa County BOCC — January 19, 2016 — Amendment to Master Lease Agreement
Amendment to Master Lease Agreement in the January 19, 2016 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-generated OCR reading text.
Preserved among the January 19, 2016 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1320). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used Nov 17, 2015; the meeting date was corrected using the agenda/minutes heading and matching source filename.
Original publication
Amendment to Master Lease Agreement
Date
January 19, 2016
Publisher
Okaloosa County Board of County Commissioners
Where to find it
1
Reference collection
Okaloosa County Board of County Commissioners (IQM2 public portal)
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Amendment to Master Lease Agreement — extracted reading text
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Amendment to Master Lease Agreement — extracted reading text
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AMENDMENT TO MASTER LEASE AGREEMENT
This Amendment to Master Lease Agreement (“Amendment”), dated as of January 19, 2016 is by and
between Okaloosa County (“Lessee”) and Philips Medical Capital, LLC (“Lessor”). Lessor and Lessee are parties
to that certain Master Lease Agreement dated of even date herewith (the “Agreement™). Lessor and Lessee desire
to supplement the terms of the Agreement, Any capitalized terms not otherwise defined herein shall have the
meaning given them in the Agreement.
NOW, THEREFORE, for good and valuable consideration, intending to be legally bound and pursuant to
the terms and conditions of the Agreement, it is hereby agreed as follows:
1. Section 10 is amended by replacing “Three Million Dollars ($3,000,000) per occurrence” with “One
Million Dollars ($1,000,000.00 per occurrence” at the end of the 2* sentence.
2. Section 11 is amended by inserting “To the extent not prohibited by law,” at the beginning of the 1%
sentence.
3. Section 14 is amended as follows by deleting the words “reasonable attorneys’ fees” from the 5%
sentence of the 2™ paragraph.
4, Section 15 is amended by replacing the words “appoints Lessor as Lessee’s attorney-in-fact” with the
words “Lessee authorizes Lessor” at the beginning of the 2™ sentence.
5. Section 20 is amended as follows:
a.
b.
By deleting the words “shall be deemed to have been made in Wayne, Pennsylvania” and
replacing “Commonwealth of Pennsylvania” with “State of Washington” in the 1% sentence,
By replacing “courts of the Commonwealth of Pennsylvania” with “courts of the State of Florida”
and replacing “Federal District Court for the Eastern District of Pennsylvania” with “the federal
courts having jurisdiction within the State of Florida” in the 2™ sentence.
6. This Amendment supplements the Agreement. In the event of any conflict, inconsistency or
incongtuity between the provisions of this Amendment and any of the provisions of the Agreement,
the provisions of this Amendment shall in all respects govern and control.
IN WITNESS WHEREOF, the parties have caused this Amendment to Master Lease Agreement to be
executed on the date first set forth above,
Okaloosa County
By: X
Print Name: Charles K. Windes, Jr.
Title: Chairman, Board of County
Commissioners
Witness
Signature: X
Print Name: X
Title: X
Philips Medical Capital, LLC
By:
Print Name:
Title:
Witness
Signature:
Print Name:
Title:
Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — January 19, 2016 — Amendment to Master Lease Agreement.” January 19, 2016. Amendment to Master Lease Agreement. Crypt of Echoes evidence ID LED-2026-0dac071d87844e9e8e9ad6e54ed2ef40. http://127.0.0.1:58097/evidence/LED-2026-0dac071d87844e9e8e9ad6e54ed2ef40. Accessed [date].
Catalogue citation: Okaloosa County Board of County Commissioners, Amendment to Master Lease Agreement, meeting materials for January 19, 2016. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=4&ID=10458&MeetingID=1320
Preserved county public-record source. Third-party attachments may retain their original rights.