Orange County NC Website
Agreement dated as of June 1 , 2024, each of which is also between the County and <br /> the Trustee . <br /> " Prior Bonds " means the following bonds issued pursuant to the Prior <br /> Agreement . <br /> $ 23 , 585 , 000 original aggregate principal amount Limited Obligation Bonds, <br /> Series 2021A and 2021B <br /> $ 14, 298 , 000 original aggregate principal amount Limited Obligation Bonds , <br /> Series 2023A and 2023B <br /> $ 11 , 880, 000 original aggregate principal amount Limited Obligation Bonds, <br /> Series 2024A and 2024B <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, as supplemented (a) by a Deed of Trust Supplement # 1 dated as of June 13 , <br /> 2023 , and (b ) by a Deed of Trust Supplement # 2 dated as of June 1 , 2024 . <br /> " School Board " means, notwithstanding any other provision of the Trust <br /> Agreement and as the context may indicate , The Orange County Board of Education <br /> or The Board of Education for the Chapel Hill - Carrboro City Schools . <br /> It Agreement" means this Third 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 Third Supplemental Trust Agreement <br /> and not otherwise defined have the meanings ascribed thereto in the Prior <br /> Agreement. <br /> 24 <br />