Orange County NC Website
" 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 , then <br /> " Lender" means the Owners of at least a majority in principal amount of the 2023 <br /> Bonds then Outstanding . <br /> " Payment Date " with respect to the 2023 Bonds means each February 1 and <br /> August 1 , beginning February 1 , 2024 . <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 /> 24 <br />