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'T <br />"Loan Loss" has the meaning assigned in the Loan Agreement. <br />"Loan Loss Reserve" means .the separate account for accounting purposes (and the <br />funds on deposit to the credit of such account, initially in the amount of $150,000) <br />created and existing an the County's books and records to contain amounts appropriated <br />and earmarked by the County to serve as a reserve against losses from the failure of <br />borrowers to repay Program Loans in a full and timely manner. <br />"Loan Program" means the program for making for making loans to small <br />businesses pursuant to the Guidelines in furtherance of the County's policy to stimulate <br />the creation of good jobs for Orange County citizens as well as to stimulate successful <br />business development and expansion in Orange County. <br />"Program Loans" means loans by the Company to small businesses as part of the <br />Loan Program. <br />"Termination Date" means the earlier of (a) July 1, 2010, or (b) the date all <br />Program Loans have been paid in full. <br />9 <br />