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40 <br /> "Event of Taxability" means any event, occurrence or situation, resulting from <br /> an action, or failure to act, by the County, the effect of which is to cause interest on the <br /> Bonds paid by the County to be includible in a Bondholder's gross income for federal <br /> income tax purposes. <br /> "Lender" means TD Bank, N.A., as the initial purchaser of all the 2023 Bonds, <br /> together with all successors and assigns that may be the registered owner of all the <br /> 2023 Bonds. If at any time there is more than one owner of the 2023 Bonds, <br /> "Lender" means the Majority Owners. <br /> "Payment Date" with respect to the 2023 Bonds means each February 1 and <br /> August 1, beginning <br /> "Prior Agreement" means the Trust Agreement dated as of June 1, 2021, <br /> between the County and The Bank of New York Mellon Trust Company, N.A., as <br /> trustee. <br /> "Prior Deed of Trust" means the Deed of Trust and Security Agreement dated <br /> as of June 1, 2021, from the County to a Deed of Trust Trustee for the County's <br /> benefit. <br /> "Supplemental Agreement" means this First Supplemental Trust Agreement, <br /> as it may be properly amended or supplemented from time to time. <br /> "Trust Agreement" means the Prior Agreement as modified and <br /> supplemented by this Supplemental Agreement, as it may be further amended or <br /> supplemented from time to time. <br /> All other capitalized terms used in this First Supplemental Trust Agreement <br /> and not otherwise defined have the meanings ascribed thereto in the Prior <br /> Agreement. <br /> 22 <br />