Orange County NC Website
40 <br /> EXHIBIT B - Definitions; Rules of Construction <br /> For all purposes of this Supplemental Agreement, unless the context requires <br /> otherwise, the following terms have the following meanings. <br /> "2019B Bonds" means the County's Limited Obligation Bonds, Series 2019B, <br /> originally issued in the aggregate principal amount of [$50,000,000] pursuant to the <br /> Prior Agreement and this Supplemental Agreement. <br /> "2019B Proceeds Fund" means the Orange County 2019B Proceeds Fund <br /> established pursuant to Section 3.02. <br /> "2019B Project" has the meaning assigned in the preambles to this <br /> Supplemental Agreement. <br /> "2019B Project Costs" means "Project Costs," as defined in the 2018 <br /> Agreement, related to the 2019B Project. <br /> "Deed of Trust" means the Prior Deed of Trust as modified by the "Deed of <br /> Trust Supplement #2" dated as of November 1, 2019, also granted by the County for <br /> the Trustee's benefit. <br /> "Payment Date" with respect to the 2019B Bonds means each April 1 and <br /> October 1, beginning October 1, 2020. <br /> "Prior Agreement" means the Trust Agreement dated as of June 1, 2018, <br /> between the County and The Bank of New York Mellon Trust Company, N.A., as <br /> trustee, as supplemented by the First Supplemental Trust Agreement between the <br /> parties dated as of May 1, 2019. <br /> "Prior Bonds" means the County's Limited Obligation Bonds, Series 2018, <br /> originally issued in the aggregate principal amount of $7,510,000, and its Limited <br /> Obligation Bonds, Series 2019A, originally issued in the aggregate principal amount <br /> of$14,135,000, each issued pursuant to the Prior Agreement. <br /> 15 <br />