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<br />"Designated Payment/Transfer Office" means (i) with respect to the initial Paying Agent/Registrar <br />named herein, its corporate trust office in Dallas, Texas, and (ii) with respect to any successor Paying <br />Agent/Registrar, the office of such successor designated and located as may be agreed upon by the City and <br />such successor. <br /> <br />"DTC" shall mean The Depository Trust Company of New York, New York, or any successor <br />securities depository. <br /> <br />"DTC Participant" shall mean any broker, dealer, bank, trust company, clearing corporation or <br />certain other organizations with Bonds credited to an account maintained on its behalf by DTC. <br /> <br />"Escrow Agent" means Chase Bank of Texas, National Association. <br /> <br />"Escrow Agreement" means the escrow agreement, dated as of February 8, 1999, by and between <br />the City and the Escrow Agent. <br /> <br />"Escrow Fund" means the fund referred to in Section 7.03 of this Ordinance and established by the <br />Escrow Agreement to hold cash and securities for the payment of principal of and interest on the Refunded <br />Obligations. <br /> <br />"Event of Default" means any Event of Default as defined in Section 10.01 of this Ordinance. <br /> <br />"Initial Bond" means the Bond described in Section 3.04(d) and 6.02(d). <br /> <br />"Interest and Sinking Fund" means the interest and sinking fund established by Section 8.01(a) of <br />this Ordinance. <br /> <br />"Interest Payment Date" means the date or dates upon which interest on the Bonds is scheduled to <br />be paid until the maturity of the Bonds, such dates being February 15 and August 15 of each year <br />commencing February 15,2000. <br /> <br />"Ordinance" means this Ordinance. <br /> <br />"Original Issue Date" means the initial date from which interest on the Bonds accrues and which is <br />designated in Section 3.02(a) of this Ordinance. <br /> <br />"Owner" means the person who is the registered owner of a Bond or Bonds, as shown in the Register. <br /> <br />"Paying Agent/Registrar" means Chase Bank of Texas, National Association, any successor thereto <br />or an entity which is appointed as and assumes the duties of paying agent/registrar as provided in this <br />Ordinance. <br /> <br />"Purchaser" means the person, firm or entity initially purchasing the Bonds from the City and which <br />is designated in Section 7.01 of this Ordinance. <br /> <br />"Record Date" means the last business day of the month next preceding an Interest Payment Date. <br /> <br />"Register" means the Register specified in Section 3.06(a) of this Ordinance. <br /> <br />R:ISANMARlGORI.99\DOCS\ORDNCEFN.WPD <br /> <br />3 <br />