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"Security Agreements" means, collectively, the Loan Agreement, Lease, Mortgage, <br />Escrow Agreement, the Account Control Agreement and Pledge Agreement. <br />"Series 2004A Bonds" means the Lease Revenue Refunding Bonds (PACT Charter <br />School Project), Series 2004A. <br />"Series 2009 Bonds" means the Lease Revenue Bonds (PACT Charter School Project), <br />Series 2009. <br />"Series 2013A Bonds" means the Lease Revenue Bonds (PACT Charter School Project) <br />Series 2013A, issued by the Issuer in the principal amount of $11,180,000* and issued under and <br />secured by the Indenture. <br />"Series 2013E Bonds" means the Taxable Lease Revenue (PACT Charter School Project) <br />Series 2013BA, issued by the Issuer in the principal amount of $ * and issued under and <br />secured by the Indenture. <br />"Special Record Date" means that date specified by the Trustee for the payment of any <br />defaulted interest. <br />"Standard & Poor's" means Standard & Poor's Ratings Group, a division of the McGraw <br />Hill Companies, a corporation organized and existing under the laws of the State of New York, <br />its successors and assigns and, if such corporation will be dissolved or liquidated or will no <br />longer perform the functions of a securities rating agency, "S & P" will be deemed to refer to any <br />other nationally recognized securities rating agency designated by the Company by notice to the <br />Trustee. <br />"State" means the State of Minnesota. <br />"Sweep Account" means the State Aid Revenues Account established and maintained <br />pursuant to the Pledge Agreement by the School at Sunrise Banks and of which the Trustee has <br />control pursuant to an account control agreement. <br />"Tax Regulatory Agreement" means the Tax Regulatory Agreement, dated the <br />1, among the Company, the School, and the Trustee. <br />"Term Bonds" means the Series 2013A Bonds maturing on 1, 20_, <br />1, 20, 1, 20 and 1, 20. <br />"Trust Estate" means the property conveyed to the Trustee pursuant to the Granting <br />Clauses of the Indenture. <br />"Trustee" means Wells Fargo Bank, National Association, a national banking association <br />with its principal corporate trust office in Minneapolis, Minnesota, as trustee under the Indenture, <br />and its successors in trust and assigns. <br />"Value" means that value, which will be determined between 45 and 60 days prior to <br />each Interest Payment Date, of the cash and any investments in the Reserve Fund, which will be <br />calculated by the Trustee, which may engage the pricing service of any national pricing firm to <br />assist in such determination, as follows: (a) as to investments the bid and asked prices of which <br />are published on a regular basis in The Wall Street Journal (or, if not there, then in The New <br />E-8 <br />