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"Holder" or "Holder of a Bond" means the Person in whose name a Bond <br />is registered on the Register. <br /> <br /> "Indenture" means the Original Indenture, as amended by the First <br />Supplemental Trust Indenture, and as further amended or supplemented from time <br />to time. <br /> <br /> "Interest Payment Date" or "Interest Payment Dates" means, as to the <br />Project Bonds, the date or dates set forth as such in the form of Project Bond <br />attached hereto as Exhibit A, and as to Additional Bonds, each date or dates <br />designated as an Interest Payment Date or Dates in the form of bond for which <br />provision is made in the applicable Supplemental Indenture or Bond Legisla- <br />tion. <br /> <br /> "Interest Rane for Advances" means the rate of 13% per annum, or the <br />rate per annum which is four percentage points in excess of that interest rate <br />announced by the Trustee in its lending capacity as a bank as its "Prime Rate" <br />or its "Base Rate", whichever is greater and lawfully chargeable, in whole or <br />in part. <br /> <br /> "Issuer" means the City of Lakewood, Ohio, a municipal corporation <br />and politica~ subdivision duly organized and validly existing under the laws <br />of the State of Ohio. <br /> <br />"Legislative Authority" means the Council of the Issuer. <br /> <br /> "Loan" means the loan by the Issuer to the Company of the proceeds <br />received from the sale of the Original Bonds. <br /> <br /> "Loan Payment Date" means, with respect to the Project Bonds, the <br />firs~ day of each month, commencing March 1, 1988, or any other date on which <br />any principal of or interest or any premium on the Bonds shall be due and <br />payable, whether at maturity, upon acceleration, call for redemption or <br />otherwise. <br /> <br /> "Loan Payments" means the amounts required to be paid by the Company <br />in repayment of the Loan pursuant to the provisions of the Notes and Section <br />4~1 of the Agreement. <br /> <br /> "Maximum Principal Payable" means, for each Loan Payment Date, the <br />amount shown under the column heading Principal Payable opposite such Loan <br />Payment Date on Schedule I attached to the Project Note, together with the <br />aggregate unpaid principal set forth in that column for all prior Loan Payment <br />Dates. <br /> <br /> "Mortgage" means the Open-End ~ortgage and Security Agreement dated <br />as of December t, 1984, given by the Company to the Original Trustee, as sup- <br />plemented by a First Supplemental Mortgage and Security Agreement, dated as of <br />November 1, 1987, between the Company and the Trustee and as further amended <br />or supplemented from time to time. <br /> <br />-7- <br /> <br /> <br />