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"Fund", in the singular, means any of the funds established pursuant to Section 6.1 of this <br />Indenture, and "Funds", in the plural, means, collectively, all of the funds established pursuant to <br />Section 6.1 of this Indenture. <br />"Indenture" means this Indenture of Trust as originally executed or as it may be from <br />time to time supplemented or amended by one or more indentures supplemental hereto and <br />entered into pursuant to the applicable provisions hereof. <br />"Independent Financial Consultant" means any consultant or firm of such consultants <br />appointed by the City who, or each of whom: (i) is judged by the City, as the case may be, to <br />have experience in matters relating to the issuance and/or administration of the Bonds; (ii) is in <br />fact independent and not under the domination of the City; (iii) does not have any substantial <br />interest, direct or indirect, with or in the City, or any owner of real property in the District, or any <br />real property in the District; and (iv) is not connected with the City as an officer or employee of <br />the City, but who may be regularly retained to make reports to the City. <br />"Initial Assessment Ordinance" means Ordinance No. 2016-42 adopted by the City <br />Council on October 18, 2016 that levied the Initial Assessments. <br />"Initial Assessments" means the assessments levied against Assessed Property in the PID, <br />as provided for in the Initial Assessment Ordinance. <br />"Initial Bonds" means the Initial Bonds authorized by Section 5.2 of this Indenture. <br />"Interest Payment Date" means the date or dates upon which interest on the Bonds is <br />scheduled to be paid until their respective dates of maturity or prior redemption, such dates being <br />on and of each year, commencing , 20_. <br />"Investment Securities" means those authorized investments determined by the City and <br />described in the Public Funds Investment Act, Chapter 2256, Government Code, as amended, <br />which investments are, at the time made, included in and authorized by the City's official <br />investment policy as approved by the City Council from time to time. <br />"Maximum Annual Debt Service" means the largest Annual Debt Service for any Bond <br />Year after the calculation is made through the final maturity date of any Outstanding Bonds. <br />"Outstanding" means, as of any particular date when used with reference to Bonds, all <br />Bonds authenticated and delivered under this Indenture except (i) any Bond that has been <br />canceled by the Trustee (or has been delivered to the Trustee for cancellation) at or before such <br />date, (ii) any Bond for which the payment of the principal or Redemption Price of and interest on <br />such Bond shall have been made as provided in Article IV, (iii) any Bond in lieu of or in <br />substitution for which a new Bond shall have been authenticated and delivered pursuant to <br />Section 3. 10, and (iv) Bond alleged to have been mutilated, destroyed, lost or stolen which have <br />been paid as provided in this Indenture. <br />11 <br />