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signed on behalf of the Issuer by its duly authorized agent. Such certificate may designate an <br />alternate or alternates. <br />"Late Payment Rate" means 10°/% per annum. <br />"Lease" means the Amended and Restated Lease Agreement with respect to the <br />Schoolhouse dated as of 1, 2013 by and between the Company, as lessor, and the <br />School, as lessee, and any amendment thereto. <br />"Lease Aid" means amounts received by the School from the State pursuant to Minnesota <br />Statutes, Section 124D.11, Subd. 4; to fund payments due under the Lease, or any replacement <br />therefor pursuant to a successor statute, to fund payments due under the Lease. <br />"Lease Revenues" means the revenues to be received by the Company from the School <br />pursuant to the Lease. <br />["Line of Credit" means the revolving line of credit in the amount of up to $600,000 <br />between the School and the Line of Credit Lender. <br />"Line of Credit Lender" means Wells Fargo Bank, National Association, a national <br />banking association.] <br />"Loan Repayments" shall mean the payments required to be made by the Company <br />pursuant to Section 4.2(a) of this Agreement. <br />"Majority Bondholder" shall mean any beneficial owner of or owners who together own <br />greater than 50% o of the aggregate outstanding principal amount of the Bonds. <br />"Monthly Deposit" means $ <br />"Moody's" means Moody's Investors Service, a corporation organized and existing under <br />the laws of the State of New York, its successors and assigns and, if such corporation shall be <br />dissolved or liquidated or shall no longer perform the functions of a securities rating agency, <br />"Moody's" shall be deemed to refer to any other nationally recognized securities rating agency <br />designated by the Company by notice to the Trustee. <br />"Mortgage" means the Amended and Restated Mortgage, Security Agreement and <br />Assignment of Rents, of even date herewith, from the Company in favor of the Trustee, and all <br />amendments thereof and supplements thereto. <br />"Original Purchaser" means Dougherty & Company, LLC, as the underwriter of the <br />Bonds. <br />"Outstanding" means Bonds which have been authenticated and delivered by the Trustee <br />under the Indenture, except: <br />(a) Bonds canceled after purchase in the open market or because of payment <br />at or redemption prior to maturity; <br />5 <br />56OOS6 v1 <br />