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the Development Agreement, which is legally described in Exhibit A. <br /> "Event of Default" means any one or more of the events listed under <br /> Section 10.2. <br /> "Financing Documents" means any of the following documents to be <br /> executed and delivered in connection with the issuance and sale of the <br /> Housing Bonds and the Subordinate Housing Note to be <br /> as described in the Development Agreement. <br /> "Holder" means the holder of any Mortgage. <br /> "Improvements" means the 62-unit senior housing apartment building <br /> to be constructed by Tenant upon and within the Development Property <br /> pursuant to the Development Agreement. <br /> "Landlord" means the Authority, its successors and assigns. <br /> "Lease" means this lease agreement for the Development Property <br /> entered into pursuant to the Development Agreement. <br /> "Mortgage" means any mortgage or deed of trust on Tenant's interest in <br /> this Lease, the Development Property and the Improvements permitted <br /> under Article 6 of this Lease. <br /> "Permitted Encumbrances" means the matters described in Exhibit C. <br /> "Real Estate Taxes" means the aggregate of all taxes, assessments, <br /> water, sewer or similar rents, rates, and charges, excises, levies, license <br /> fees, permit fees, inspection fees, and other authorization fees and other <br /> charges, whether general or special, ordinary or extraordinary, foreseen <br /> or unforeseen, of every character (including all interest and penalties <br /> thereon), which at any time during or in respect of the Term may be <br /> assessed, levied, confirmed or imposed on or in respect of or be a lien <br /> solely upon the Development or any part thereof, or any imposition of a <br /> personal nature charged or levied against Landlord to the extent it is <br /> levied in lieu of such taxes. <br /> "Rent" means any amounts due from Tenant to Landlord under the <br /> terms of this Lease. <br /> "Tenant" means Orono Senior Housing, LLC and its permitted assigns. <br /> "Tenant's Equipment" means all movable equipment, furniture and <br /> other trade fixtures installed or placed in the Development by or for the <br /> account of Tenant or any occupant of the Development. <br /> "Term" means the period of time set out in Section 2.4. <br /> "Termination Date" means , 20 <br />