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~1 foregoing obligations issued or held in book-entry form on the books of th~ United States <br />2 Department of the Treasury. , <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />"IMPROVEMENT CERTIFICATES" shall have the meaning assigned <br />208(A)(3) of the Agreement. <br />in Section <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />~2 <br />3 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />"IMPROVEMENTS TO THE COUNTY FACILITIES" means such additions, improvements, <br />modifications or relocations as the County may deem necessary or desirable in, on r to the County <br />Faciltiies, all of which shall become part of such County Facilities. I <br />"INSTALLMENT COMPUTATION DATE" shall mean "installment computati n date" as such <br />phrase is used in the regulations promulgated pursuant to Section 148(~ of th Code (or any <br />successor thereto). ~, <br />a Termination Event or°?an Event of Default. <br />"INTEREST PAYMENT DATE" means: (i) when used with respect to the 19 8 Certificates, <br />December 1 and June 1 of each year, commencing June 1, 1999; and (ii) when used with respect to <br />any series of Additional Certificates, the dates upon which interest on the Certificat s of such series <br />shall be due and payable as specified in the Supplemental Agreement pursuant to which such <br />Additional Certificates are issued. ~I <br />"INVESTMENT SECURITIES" shall mean and include any of the following i vestments that <br />are lawful investments for the public funds of the County under the applicable law of the State of <br />Oregon; <br />~1) duect~obligations of the United States of America (including ob igations issued <br />~~ ...... . : <br />or held ~ri book;~entiy foz~n on the books of the Department of Treasury) or obligations the <br />~rincipai ,of and~inte~est, on which are unconditionally' guaranteed by the nited States of <br />:1~II1~I'1C1a <br />DEFINITIONS APPENDIX <br />PAGE 7 <br />