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4 <br /> ARTICLE I <br /> DEFINITIONS AND RULES OF CONSTRUCTION <br /> Section 1 . 1 . Definitions. In addition to words and terms <br /> elsewhere defined in this Agreement the following words and terms <br /> shall have the following meanings : <br /> "Acquisition" , when used with reference to the Project, <br /> means acquisition, construction and installation. <br /> "Administrative Expenses" shall mean the amounts <br /> payable pursuant to Section 7 .8 by the Company to or for the <br /> account of the Authority to provide for payment of the costs <br /> and expenses incurred by the Authority. <br /> "Affiliate" shall mean, with respect to any person, any <br /> other person directly or indirectly controlling or control- <br /> led by or under direct or indirect common control with such <br /> person. For the purposes of this definition, "control" when <br /> used with respect to a person means the power to direct the <br /> management and policies of such person, directly or indi- <br /> rectly, whether through the ownership of voting securities , <br /> by contract or otherwise, and the terms "controlling" and <br /> "controlled" have meanings correlative to the foregoing. <br /> "Agreement" shall mean this Loan Agreement and any <br /> amendments and supplements hereto permitted by the Bond <br /> Purchase Agreement . <br /> "Alternative Rate of Interest" shall mean the Prime <br /> Rate plus 1% , or the maximum rate permitted by law, which- <br /> ever is lower . <br /> "Assignment" shall mean the Assignment, of even date <br /> herewith, from the Authority to the Holder , and any amend- <br /> : ments and supplements thereto permitted by the Bond Purchase <br /> Agreement. <br /> "Authority" shall mean The Orange County Industrial <br /> Facilities and Pollution Control Financing Authority, a <br /> political subdivision and body corporate and politic of the <br /> State, and its successors and assigns and any body resulting <br /> from or surviving any consolidation or merger to which it or <br /> its successors may be a party. <br /> "Authority Representative" shall mean any one of the <br /> persons at the time designated to act on behalf of the <br /> Authority by written certificate furnished to the Company, <br /> the Holder and the Depositary containing the specimen <br /> 2 . <br />