Laserfiche WebLink
1 "S~TE" means the real property on which the Courthouse Square project is to be located, as <br />2 more particularly described in Exhibit _ to the Site Mortgage. <br />3 <br />~ ~~ ~~no~r~~cQ~~ ~ •l,v l~~T~,.w,.~a~ ~~to~-1 ~,4' Tlo o„,b,o 1 1 (]n4 F „ rL.~ !`„ ~+. <br />b b > <br />~ b ` > <br />b <br />6 <br />. b ' <br />7 <br />8 "STATE" means the State of Oregon. <br />9 <br />10 "SUPPLEMENTAL AGREEMENT" means any supplement to the Agreement entered into in <br />11 accordance with the terms, conditions and limitations set forth in the Agreement. <br />l2 <br />13 "TA\ABLE OBLIGATION" shall mean any Certificate executed and delivered under the <br />I4 Agreement, which is not a Tax-Exempt Obligation. <br />l~ <br />16 "T,a~ CoVENANTS" shall mean, with respect to those Certificates issued as Tax-Exempt <br />17 Obligations, the covenants of the County contained in the Agreement and the covenants contained <br />I 8 in the certificate delivered in connection with the original issuance of such Certificates, in each case <br />I9 to effect the County's compliance with the Code to ensure the initial and continued exclusion from <br />2o gross income for federal income tax purposes of the interest on such Certificates. <br />~~ <br />?2 "TA\-E\EMPT OBLIGATION" shall mean any Certificate executed and delivered under the <br />23 Agreement, the interest on which is excluded from gross income for federal income tax purposes <br />?~ under Section 103 of the Code. <br />~; <br />26 "TER~1 CERTIFICATES" means: (1) when used with respect to the 1998 Certificates, those <br />27 1998 Certificates having a stated principal due date of .~:~ne_l, 2023-~~ ' ; and <br />28 (2j when used with respect to any series of Additional Certificates, such term shall have the meaning <br />29 assigned thereto in the Supplemental Agreement pursuant to which such series of Additional <br />3o Certificates is issued. ~ <br />31 <br />32 "TRANSIT DISTRICT" means the Salem Area Mass Transit District, a political subdivision <br />33 of the State of Oregon. <br />~a <br />~5 "TRUSTEE" means: (i) Norwest Bank Minnesota, N.A., and its successors and assigns; or <br />36 (ii) any other entity subsequently appointed by the County in accordance with the provisions of the <br />37 Agreement to act as trustee under the Agreement. <br />38 ~ <br />39 "UNDERWRITER" means Prudential Securities Incorporated, Seattle, Washington. <br />40 <br />4~ "WIRE TRANSFER" means any method satisfactory to the Trustee for transmitting funds <br />~t? which does not involve the physical delivery of cash or negotiable instruments. <br />DEFINITIONS APPENDIX P~cE 13 <br />