COM 1109.000 2020-2022 - Laserfiche WebLink

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"Rebate Fund"means the fund by such name created and established pursuant to Section 3.1 hereof. "Rebate Regulations" means any final, temporary or proposed Regulations promulgated under Section 148(f)of the Tax Code. "Record Date" means the first day of the month in which the applicable Interest Payment Date occurs, regardless of whether such day is a Business Day. "Redemption Account" means the account by such name created and established in the Special Tax Fund pursuant to Section 3.1 hereof. "Regulations" means the regulations adopted or proposed by the Treasury Department from time to time with respect to obligations issued pursuant to Section 103 of the Tax Code. "Representation Letter" means the representation letter from the County to DTC in the form attached as Exhibit D hereto. "Reserve Account" means the account by such name created and established in the Special Tax Fund pursuant to Section 3.1 hereof. "Reserve Requirement" means, as of any date of calculation by the County, an amount equal to the lowest of(i) 10% of the original proceeds of the Bonds, less original issue discount, if any, plus original issue premium, if any, or (ii) Maximum Annual Debt Service, or (iii) 125% of the average Annual Debt Service. "RMA" means the Rate and Method of Apportionment of Special Taxes for the District, as approved by County pursuant to the Ordinance of Formation and attached hereto as Exhibit C, as such RMA may be amended from time to time (if and to the extent such amendment is consistent with the covenant set forth in Section 5.2(g) hereof). "Series" means one or more Bonds issued at the same time, or sharing some other common term or characteristic, and designated as a separate series pursuant hereto. "Series Resolution" shall mean the 2022 Series Resolution and any additional Resolution of the County Council authorizing the issuance of a series of Parity Bonds pursuant to the Bond Ordinance. "Sinking Fund Payment" means, with respect to any Term Bonds, the annual payment in those years indicated in Section 4.1(b) hereof or in the applicable Supplemental Indenture to be deposited in the Principal Account to redeem a portion of the Term Bonds in accordance with the schedule set forth herein or in the applicable Supplemental Indenture to retire the Term Bonds. "Six-Month Period" means, with respect to each Series of Bonds as to which the 1 1/2% penalty has been elected pursuant to Section 148(f) of the Tax Code, the period of time beginning on the Delivery Date of such Series of Bonds and ending six consecutive months thereafter, and each six-month period thereafter until the latest maturity date of such Series of Bonds. 11