Ord 1988-017 - Laserfiche WebLink

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"Closing Date" means the date of the initial delivery of and payment for the Certificates. "Code" means the Internal Revenue Code of 1986, as amended, including the regulations and published rulings thereunder. "City Council" means the governing body of the City. "Construction Fund" means the construction fund established by Section 7.0l(a)(ii) of this Ordinance. "Event of Default" means any Event of Default as defined in Section 10.01 of this Ordinance. "Holder" or "Owner" means the person who is the registered owner of a Certificate or Certificates, as shown in the Register. "Initial Certificate" means the certificate described in Section 3.04(d) and 6.02(d). "Interest and Sinking Fund" means the interest and sinking fund established by Section 7.0l(a) of this Ordinance. "Interest Payment Date" means the date or dates upon which interest on the Certificates is scheduled to be paid until the maturity of the Certificates, such dates being February 1 and August 1 of each year commencing February 1, 1989. "Ordinance" means this Ordinance. "Original Issue Date" means the initial date from which interest on the Current Issue Certificates accrues and which is designated in Section 3.02(a) of this Ordinance. "Paying Agent/Registrar" means MTrust Corp, National Association, Austin, Texas, any successor thereto or an entity which is appointed as and assumes the duties of paying agent/registrar as provided in this Ordinance. "Purchaser" means the person, firm or entity initially purchasing the Certificates from the City and which is designated in Section 12.01 of this Ordinance. "Record Date" means the Record Date as prescribed by Section 3.03(b) of this Ordinance. "Register" means the Register specified in Section 3.06(a) of this Ordinance. "Special Record Date" means the Special Record Date prescribed by Section 3.03(b) of this Ordinance. 2389f -2-