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FXIIIRIT A <br />DEFINITIONS <br />As used in this Ordinance, the following terms and expressions shall have the meanings set <br />forth below, unless the text hereof specifically indicates otherwise: <br />"Accountant" means an independent certified public accountant or accountants or a firm of <br />an independent certified public accountants, in either case, with demonstrated expertise and <br />competence in public accountancy. <br />"Accreted Value" means, with respect to a Premium Compound Interest Bond, as of any <br />particular date of calculation, the original principal amount thereof, plus all interest accrued and <br />compounded to the particular date of calculation, as determined in accordance with the Pricing <br />Certificate and the Accretion Table attached as an exhibit to the Pricing Certificate relating to the <br />respective Bonds that shows the Accreted Value per $5,000 maturity amount on the calculation date <br />of maturity to its maturity. <br />"Accretion Table" means the exhibit attached to the Pricing Certificate that sets forth the <br />rounded original principal amounts at the Issuance Date for the Premium Compound Interest Bonds <br />and the Accreted Values and maturity amounts thereof as of each Compounding Date until final <br />maturity. <br />"Authorized Denominations" means the denomination of $5,000 or any integral multiple <br />thereof with respect to the Current Interest Bonds and in the denomination of $5,000 in maturity <br />amount or any integral multiple thereof with respect to the Premium Compound Interest Bonds. <br />"Bond Insurer" or "Insurer" means the provider of a municipal bond insurance policy, if any, <br />for the Bonds as determined by the Pricing Officer in the Pricing Certificate or any other entity that <br />insures or guarantees the payment of principal and interest on any Bonds. <br />"Bonds" means the "City of San Marcos, Texas General Obligation Refunding Bonds, Series <br />2010." <br />"Book -Entry -Only System" means the book -entry system of bond registration provided in <br />Section 6, or any successor system of book -entry registration. <br />"Business Day" means any day which is not a Saturday, Sunday or a day on which the Paying <br />Agent/Registrar is authorized by law or executive order to remain closed. <br />"Cede & Co. " means the designated nominee and its successors and assigns of The Depository <br />Trust Company, New York. <br />San Marcos GORB 2010 - Delegated: Ordinance A -1 <br />