11-14-01 1. INDENTURE OF TRUST - Laserfiche WebLink

Home Browse Search

"Regular Record Date"for the interest payable on any Interest Payment Date for all Series of Bonds means the 15t day of the calendar month immediately preceding such date,and for interest payable on any Interest Payment Date for Additional Bonds shall be date established therefor in the Supplemental Indenture for the Additional Bonds. "Remarketing Agent" means Miller Johnson Steichen Kinnard, Inc. or a successor Remarketing Agent appointed and serving in such capacity pursuant to this Indenture;. "Repair and Replacement Fund" means the fund so named in Section 4.01. "Responsible Officer" of any Trustee hereunder means and includes the chairman of the board of directors, the president, every vice president, every assistant vice president,the secretary, every assistant secretary,every corporate trust officer,and every officer and assistant officer of such trustee,other than those specifically above mentioned, to whom any corporate trust matter is referred because of such officer's knowledge of,and familiarity with, a particular subject. "Revenue Fund" means the fund so named in Section 4.01. . - - - - Indknta.c. "Senior Bonds" means the Series 2001A Bonds and the Series 2001B Bonds. "Senior Debt Service Account"means the fund so named under the Bond Fund created in Section 4.01. "Senior Indebtedness"means Bonds and any Long-Term Indebtedness consented to by a Majority of Holders which is permitted to be incurred by the Borrower under the Loan Agreement(other than a loan, the payments of which pay any one or more Series of Bonds)and is secured equally and ratably on parity with the Bonds pursuant to an agreement satisfactory to the Majority of Holders. "Senior Debt Service Requirements"means,with respect to any period,the aggregate principal and interest due on Senior Indebtedness,including amounts due with respect to sinking fund or similar scheduled payments. "Series"means any series for one or more Bonds as designated by this Indenture or a Supplemental Indenture. "Series 2001A Bonds" means the $ in aggregate principal amount of the City of Orono, Minnesota Senior Housing Revenue Bonds(Orono Woods Apartment Project), Series 2001A. "Series 2001B Bonds"means the$ in aggregate principal amount ofthe City of Orono,Minnesota Senior Housing Revenue Bonds(Orono Woods Apartment Project), Taxable Series 2001B. "Series 2001 Bonds" means the Senior Bonds and the Subordinate Bonds. - 15 -