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Agenda - 11-16-1993 - VIII-A
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Agenda - 11-16-1993 - VIII-A
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8/16/2017 10:23:04 AM
Creation date
2/14/2017 2:39:13 PM
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BOCC
Date
11/16/1993
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
VIII-A
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ac?) <br /> "Moody's"means Moody's Investors Service,a corporation organized and existing under the laws <br /> of the State of Delaware, its successors and their assigns, and, if such corporation for any reason no <br /> longer performs the functions of a securities rating agency, "Moody's" will be deemed to refer to any <br /> nationally recognized rating agency other than S & P designated by the Corporation. <br /> "Net Revenues" means for any particular period the amount of the excess of Revenues over <br /> Current Expenses during such period. <br /> "1993A Bonds" means the $[AM0uNT] Community Activity Center Revenue Bonds, Series <br /> 1993A, issued pursuant to this Indenture. <br /> "1993B Bonds" means the $[AMOUNT] Community Activity Center Revenue Bonds, Series <br /> 1993B, issued under this Indenture. <br /> "Operating Budget"means the annual budget adopted by the Corporation concerning the operation <br /> of the Project and any Improvements for the each Fiscal Year, as amended by the Corporation from time <br /> to time, and as filed with the Trustee. <br /> "Operating and Maintenance Fund" means the fund by that name created in Section 5.04. <br /> "Opinion of Counsel" means an opinion in writing of legal counsel, who may be counsel to the <br /> Trustee, the County or the Corporation. <br /> • <br /> "Outstanding"or "Bonds Outstanding"means all Bonds which have been executed and delivered, <br /> except: <br /> (a) Bonds canceled or which have been surrendered to the Trustee for cancellation; <br /> (b) Bonds in lieu of which other Bonds have been authenticated under Section 2.07 <br /> or 2.08; <br /> (c) Bonds which have been redeemed as provided in Article IV (including Bonds <br /> redeemed on a partial payment as provided in Section 3.05); and <br /> (d) Bonds which deemed to have been paid under Article XIII. <br /> "Owner" means any person in whose name any Bond is registered on the books maintained by <br /> the Trustee, as registrar. <br /> "Paying Agent" means the Trustee or any other or additional paying agent designated pursuant <br /> to Section 10.20. <br /> "Payment Obligations" means the obligations of the County to pay any moneys due or to <br /> become due as provided in the Contract. <br /> "Permitted Investments"means (1) Federal Securities; (ii) obligations of the Federal Land Bank; <br /> (iii)obligations of the Federal Home Loan Bank; (iv)obligations of the Federal Intermediate Credit Bank; <br /> (v) obligations of the Central Bank for Cooperatives; (vi)certificates of deposit of national or state banks <br /> located within the State which have deposits insured by the Federal Deposit Insurance Corporation <br /> (including the certificates of deposit of any bank acting as a depository, custodian or trustee for any <br /> 6 <br />
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