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Independent Counsel means an attorney duly admitted to practice law before the highest
<br /> court of any state and who is not a full-time employee, director or shareholder of the Issuer, the
<br /> Company, or the Charter School.
<br /> Insurance Consultant means a person or firm not employed full-time by the Company or
<br /> the Charter School selected by the Charter School or the Company, which is recognized as
<br /> knowledgeable about insurance for public schools.
<br /> [Intercreditor Agreement means the Intercreditor Agreement,dated as of September
<br /> 19 2022, between the Charter School, the Trustee, and the Depository Bank, and all
<br /> amendments thereof and supplements thereto.] [NOTE TO DRAFTER DELETE IF NO LINE
<br /> F CREDIT WITH A BANK OR REVISE THE DEFINITION IF AN INTERCREDITOR MAY
<br /> BE PROPOSED IN THE FUTURE AND IS BEING PREAPPROVED]
<br /> Interest Payment Date means June 1 and December 1 each year, commencing December 1,
<br /> 2022.
<br /> Issuance Costs means costs paid or incurred by or on behalf of the Company in connection
<br /> with the issuance of the Bonds and the making of the Loan by the Issuer to the Company including,
<br /> without limitation, the following: payment of financial, legal, accounting and appraisal fees,
<br /> expenses and disbursements; the Issuer's fees, Rating Agency fees, and expenses attributable to
<br /> the issuance of the Bonds; the costs of printing, engraving and reproduction services; legal fees
<br /> and expenses for Bond Counsel, Issuer's counsel, Trustee's counsel, Underwriter's counsel and
<br /> counsel to the Company and the Charter School; the initial or acceptance fee of the Trustee; and
<br /> all other fees, charges and expenses incurred in connection with the issuance of the Bonds and the
<br /> preparation and filing or recording of this Indenture and of any document, including the School
<br /> Documents, the Company Documents and the Security Documents, relating to the issuance of the
<br /> Bonds, including any other costs within the meaning of Section 147(g) of the Code.
<br /> Issuer means the City of Ramsey, Minnesota, a home rule charter city and political
<br /> subdivision organized and existing under the Constitution and laws of the State, and any successor
<br /> to the functions thereof.
<br /> Issuer Documents means this Indenture, the Loan Agreement, the Bond Purchase
<br /> Agreement, [the Bank Qualified Fee Agreement,] and any other document executed and
<br /> delivered by the Issuer in connection with the issuance of a series of Bonds.
<br /> Issuer Fee means $
<br /> Issuer Indemnified Party or Issuer Indemnified Parties means the Issuer, its past, present,
<br /> and future governing body members, manager, administrator, executive director, officers,
<br /> employees, legal counsel, advisors, and agents, individually and collectively.
<br /> Issuer Representative means the mayor, manager, administrator, executive director, or
<br /> clerk of the Issuer and any other officer, official, employee, person or persons at the time
<br /> designated to act on behalf of the Issuer by written certificate furnished to the Company and the
<br /> Trustee containing the specimen signatures of such person or persons and signed on behalf of the
<br /> Issuer by its duly authorized agent. Such certificate may designate an alternate or alternates.
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