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

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Registered Owner means the person in whose name a Bond is registered on the books maintained for the registration of Bonds,initially, Cede&Co. as nominee of DTC or any successor nominee of the Depository. Released Property means any Mortgaged Property released from the Mortgage pursuant to the provisions of Section 4.5 of the Mortgage and Section 8.5 of the Loan Agreement. Reserve Fund means the fund created pursuant to Article V of this Indenture. Reserve Fund Requirement means (i) $ with respect to the Series 2022 Bonds and, (ii), with respect to any series of Additional Bonds, the least of(a) ten percent (10%) of the stated principal amount of such Bonds(or ten percent(10%)of the issue price in the event the such Bonds have more than a de minimis amount of original issue discount or premium); (b) the maximum annual debt service with respect to such Bonds; (c) one hundred twenty-five percent(125%) of the average annual debt service on such Bonds; or (d) the amount required by the Original Purchaser with respect to such Additional Bonds. Responsible Officer means, when used with respect to the Trustee, any officer within the corporate trust department of the Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the trustee who customarily performs functions similar to those performed by the persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person's knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture. Revenue Fund means the fund created pursuant to Article V of this Indenture. School Documents means the Bond Purchase Agreement, the Lease, the Continuing Disclosure Agreement, the Pledge Agreement, the Account Control Agreement, [the Intercreditor Agreement,] the Subordination Agreement, the Disbursing Agreement, the Tax Certificate, [the Bank Qualified Fee Agreement,] and any other document executed by the Charter School in connection with the issuance of Bonds. School Facilities means, collectively, the Elementary School Campus and the Upper School Campus. Security Agreements or Security Documents means, collectively, this Indenture, the Loan Agreement, the Lease, the Mortgage, the Assignment of Lease, the Intercreditor Agreement, the Account Control Agreement, the Disbursing Agreement, the Collateral Assignment, the Subordination Agreement, and the Pledge Agreement, all as the same may be amended or supplemented from time to time. Series 2022 Bonds means, together, the Series 2022A Bonds and the Series 2022B Bonds. Series 2022A Bonds means the Charter School Lease Revenue Refunding Bonds (PACT Charter School Project) Series 2022A, in the original aggregate principal amount of$ , and issued by the Issuer under and secured by this Indenture. 18 735810810