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(A) the securities that are the subject of the repurchase agreement must be one of the securities described in (1) or (2) of this definition and must have a term to maturity of not mare than three years from the date of acquisition by the Trustee; (B) the written repurchase agreement must be executed in advance of the initial acquisition of the subject sectirities by the Trtiistee; (C) the dealer bank or securities firnl must be: (i) a primary dealer on the Federal Reserve reporting dealer list which falls under the jiirisdiction of the SIPC and who is rated "A'' or better by S&P; or (ii) banks rated "A" or better by S&P; (D) the term of the repurchase agreement must not exceed 30 days; (E) the collateral for the repurchase agreement must: (i) be delivered to the Trustee (if the Trustee is not supplying such collateral) or a third party acting as agent for the Trustee (if the Trustee is supplying such collateral); (ii) be free and clear of third-party liens and, in the case of an SIPC broker, was not acquired pursuant to a repurchase agreement or reverse repurchase agreement; (iii) be valued weekly, marked to market at current market price plus accrued interest; and (iv) have a value equal to 104% of the amount of cash transferred by the Trustee to the dealer bank or security firm under the purchase agreement plus acerued interest, and if the value falls below such percentage, the additional cash ar acceptable securities must be delivered to the party holding the collateral; (F) the repurchase agreement must provide that failure to maintain the requisite collateral percentage, after a two day restoration period, will requie the Trustee to liquidate the collateral; and (G) the Trustee and the County must receive an opinion of counsel to the effect that the repurchase agreeinent is a permitted investment under ORS 294.035. DEFINITIONS APPENDIS PAGE 9