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School Board, and the School Board has determined to accept such lease. <br />NOW THEREFORE, for and in consideration of the mutual promises <br />contained in this Lease, the parties agree as follows: <br />ARTICLE I <br />DEFINITIONS; RULES OF CONSTRUCTION <br />All capitalized terms used in tlus Lease and not otherwise defined ha~Te the <br />meanings assigned to them in the Financing Contract, unless the context clearly <br />requires otherwise. All references to the Company include the Company's <br />successors and assigns pursuant to the Financing Contract and the transactions <br />contemplated by the Financing Contract. <br />In addition, the follov~Ting terms have the meanings specified below, unless the <br />context clearly requires otherwise: <br />"Event of Default" means one or more events of default as defined in Section <br />11.1. <br />"Lease" means this Lease, as it may be duly amended. <br />"Lease Term" means the term of this Lease as determined pursuant to Article <br />IV. <br />"Lease Year" means, initially, from the Closing Date through June 30, 2006, <br />and thereafter, means each twelve-month period commencing on July 1 and ending <br />on the next June 3 0. <br />"Leased Property" means the Site and all improvements on the Site, including <br />the Middle Schaal. <br />All references to articles or sections are references to articles or sections of <br />this Lease, unless the context clearly indicates otherwise. <br />ARTICLE II <br />