Agenda - Council - 08/13/2013 - Laserfiche WebLink

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meaning of the Rule (defined herein) in complying with the Rule. The Disclosure Agreement constitutes the written undertaking required by the Rule. The Company and the School acknowledge in the Disclosure Agreement that the Issuer has undertaken no responsibility with respect to any reports, notices or disclosures provided or required under the Disclosure Agreement, and has no liability to any person including any Holder of the Bonds, for any such reports, notices or disclosures. Section 2. Definitions. In addition to the defined terms set forth in the Indenture, which apply to any capitalized term used in the Disclosure Agreement unless otherwise defined in this section, the following capitalized terms shall have the following meanings: "Annual Report" will mean any annual report provided by the Company or the School pursuant to, and as described in, this Disclosure Agreement. "Company's Annual Report" means any annual report provided by the Company pursuant to, and as described in, Sections 3 and 4 of this Disclosure Agreement. "Company's Audited Financial Statements" means the Company's annual financial statements, prepared in accordance with generally accepted accounting principles ("GAAP"). "Company's Disclosure Representative" means the Chair of the Company or his/her designee or such other person as the Company shall designate in writing to the Trustee from time to time. "Company's Fiscal Year" means the fiscal year of the Company. "EMMA" shall mean the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the Municipal Securities Rulemaking Board for purposes of the Rule and further described in Section 4 hereof. "Issuer" means the PCS Building Company, a body corporate and politic under the laws of the State of Minnesota. "Listed Event" means any of the events listed in Section 5(a) of this Disclosure Agreement. "MSRB" will mean the Municipal Securities Rulemaking Board, c/o CDI Net, 1900 Duke Street, Suite 600, Alexandria, VA 22314; Phone: (703) 797-6000; Fax: (703) 683-1930. "Notice of Listed Event" will mean any notice provided by the Company pursuant to, and as described in, the section below entitled "Reporting of Listed Events." "Repository" shall mean the MSRB through EMMA or any other entity or system designated or authorized by the Securities and Exchange Commission to receive reports pursuant to the Rule. "Rule" will mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Act of 1934, as the same may be amended from time to time. "School's Annual Report" means any annual report provided by the School pursuant to, and as described in, Sections 3 and 4 of this Disclosure Agreement. E-8