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<br />«Minimum Authorized Denomination" means Five Thousand Dollars. <br /> <br />"Optional Redemption Prices" means, the redemption prices (expressed as <br />percentages of the principal amount), if any, at which the City may elect to redeem Bonds other <br />than by mandatory redemption through application of Mandatory Siuking Fund Redemption <br />Requirements, <br /> <br />"Original Purchaser" means A G Edwards & Sons, Inc" St. Louis, Missouri <br /> <br />"Participant" means any participant contracting with a Depository under a Book- <br />entry system and includes s.ecurities brokers and dealers, banks and trust companies, and clearing <br />Gorporations <br /> <br />"Principal Retirement Dates" means the. dates on which the Bonds are to be <br />retired (whether at their stated maturity or on Mandatory Redemption Dates), as specified <br />pllTsuant to this Ordinance in the Certificate of Award. <br /> <br />r "Principal Retirement Schedule" means the schedule of the principal amount of <br />the Bonds to be retired on. the Principal Retirement Dates in accordance with their stated <br />matwities or to be redeemed by mandatory redemption on the Mandatory Redemption Dates, as <br />specified pursuant to this Ordinance in the Certificate of Award. <br /> <br />"Refunded Bonds" means all or that portion (as detennined by the Fiscal Officer <br />in the Certificate of Award) of the City's Various PUrpose General Obligation Bonds, Series <br />1995A and 1995B dated April 15, 1995 that will be advance refunded with proceeds of the <br />Bonds authorized herein and otheIWise in accordance with the tenns of this Ordinance <br /> <br />"Registrar" means the bank or trust company appointed by the Fiscal Officer to <br />act as authenticating agent, bond registrar, transfer agent and paying agent for the Bonds in <br />accordance with Section 8 of this Ordinance. <br /> <br />"Tenn Bonds" means Bonds maturing on a Term Matwity Date, the principal of <br />which is subject to payment by mandatory redemption prior to stated maturity through the <br />application of Mandatory Sinking Fund mstalIments <br /> <br />"Term Maturity Date" means as to any Bonds, such date or dates on which Bonds <br />which are Tenn Bonds, if any, mature at their statedmaturiiies, as specified pursuant to this <br />Ordinance in the Certificáte of Award. <br /> <br />SECTION 2. The Bonds shall be issued in one lot and only as fully registered <br />Bonds; The Bonds may be issued in the Minimuni Authorized Denomination or any integral <br />multiple thereof; but in no case as to a particular maturity date exceeding the principal amount <br />maturing on that date. The Bonds shaH be dated as specified in the Certificate of Award <br /> <br />The Bonds shall bear interest at the rate(s) specified in the Certificate of Award <br />(computed on the basis of a 360,day year, comprised of 1230-day months), payable <br />semiannual1y on the dates specified in the Certificate of Award, until the principal amount has <br />been paid or provided for The Bonds shall bear interest f'tom the most recent date to which <br />interest has been paid or provided for or, if no interest has been paid or provided for, rrom their <br />date. <br /> <br />follows.' <br /> <br />SECTION 3. The Bonds shal1 be subject to redemption prior to stated maturity as <br /> <br />(a) Mandatory Sinking Fund Redemvtiòn. If any of the Bonds are <br />issued as Tenn Bonds,: the Tenn Bonds shall be subject to mandatory sinking fund redemption <br />and be redeemed pursuant to Mandatory Sinking FLmd Redemption Requirements, at a <br />redemption price of lOa percent of the principal amount redeemed, plus interest accrued to the <br />redemption date, on the Mandatory Redemption Dates <br /> <br />The aggregate of the moneys to be deposited with the RegistraI for payment of <br />principal of and interest on any Tenn Bonds shall include amounts sufficient to redeem on the <br /> <br />{KLF2993;2} <br /> <br />3 <br />