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"Insurer" means Ambac Assurance Corporation. <br />"Interest and Smkmg Fund" means the mterest and sinking fund established by Section 8 O1(a) <br />"Interest Payment Date" means the date or dates upon which mterest on the Bonds is scheduled to be <br />paid until the maturity or prior redemption of the Bonds, such dates being February 15 and August 15 of each <br />year commencing February 15, 2008 <br />"Ordinance" means this Ordinance <br />"Original Issue Date" means the date designated as the date of the Bonds m Section 3 02 <br />"Owner" means the person who is the registered owner of a Bond or Bonds, as shown m the Register <br />"Paying Agent/Registrar" means Regions Bank, any successor thereto or an entity which is appointed <br />as and assumes the duties of paying agent/registrar as provided m this Ordinance <br />"Purchaser" means the person, firm or entity initially purchasing the Bonds from the City and which <br />is designated m Section 7 O1 <br />"Record Date" means the last business day of the month next preceding an Interest Payment Date <br />"Register" means the Register specified m Section 3 06(a) <br />"Representation Letter" means the Blanket Issuer Letter of Representations with respect to the Bonds <br />and other obligations of the City, between the Crty and DTC <br />"Special Payment Date" means the new date established for payment of mterest on the Bonds m the <br />event of a nonpayment of interest on a scheduled payment date, and for 30 days thereafter, as described m <br />Section 3 03(b) <br />"Special Record Date" means the new record date established for payment of mterest on the Bonds m <br />the event of a nonpayment of interest on a scheduled payment date, and for 30 days thereafter, as described in <br />Section 3 03(b) <br />"Unclaimed Payments" means money deposited with the Paying Agent/Registrar for the payment of <br />principal, redemption premium, if any, or interest on the Bonds as the same become due and payable or money <br />set aside for the payment of Bonds duly called for redemption prior to maturity, and remaining unclaimed for <br />90 days after the applicable payment or redemption date <br />Section 1 02 Other Definitions <br />The terms "Crty Council" and "City" shall have the meaning assigned m the preamble to this <br />Ordinance <br />San Marcos GO 2007 Ordinance <br />