Agenda - Council - 07/12/2022 - Laserfiche WebLink

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ARTICLE I DEFINITIONS AND RULES OF CONSTRUCTION SECTION 1.1. Definitions. The following words and phrases shall have the following meanings: Account Control Agreement means the Account Control Agreement,dated as of September 19 2022, between the Trustee, the Charter School, and the Depository Bank, and all amendments thereof and supplements thereto. Act means Minnesota Statutes, Sections 469.152 through 469.165, as amended. Additional Bonds means any additional bonds issued and secured on a parity with the Series 2022 Bonds in accordance with Section 2.12 hereof. Affiliated Building Company means an affiliated nonprofit building corporation, as described in Section 124E.13, subdivision 3 of the Charter School Act, that is an Exempt Organization. Alternate Issuer means the same as defined in Section 2.12 of this Indenture. Assignment of Lease means the Assignment of Lease, dated as of September 1, 2022, by the Company in favor of the Trustee and consented to by the Charter School, and all amendments thereof and supplements thereto. Authorizer means [Authorizer], a Minnesota and any successor thereto who is an approved charter school authorizer by MDE and enters into a Charter Contract/Agreement with the Charter School. [Bank Qualified Fee Agreement means b Bond Counsel means Taft Stettinius & Hollister LLP, or any other nationally recognized bond counsel acceptable to the Issuer and the Company. Bond Fund means the fund created pursuant to Article V of this Indenture. Bond Purchase Agreement means (1) with respect to the Series 2022 Bonds, the Bond Purchase Agreement, dated , 2022, between the Original Purchaser, the Issuer, the Company, and the Charter School, and(ii)with respect to any issue of Additional Bonds,the bond purchase agreement or contract entered into by the Original Purchaser, Issuer, the Company, and the Charter School with respect to such issue of Additional Bonds. Bond Registrar means the Trustee in its capacity as registrar of the Bonds. Bond Year means, with respect to (i) the Series 2022 Bonds, the one (1) year period beginning on each June 1 and ending on May 31 of each subsequent year, except that the first Bond Year shall begin on the Date of Issuance of the Series 2022 Bonds and end on May 31, 2023, 4 735810810