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"Authorized Denominations" means the denomination of $100,000 or any integral <br />multiple orS1,000 in excess of $100,000. <br /> <br />"Bonds" means the bonds anticipated by the Notes. <br /> <br /> "Book-Entry Form" or "Book-Entry System" means a form or system under which <br />(a) the ownership of book-entry interests in Notes and the Debt Service on the Notes may be <br />transferred ~only through a book entry, and (b) physical note certificates in fully registered form <br />are issued by the City only to a Depository or its nominee as registered owner, with the Notes <br />deposited and retained in the custody of the Depository or its agent, <br /> <br /> "Certificate of Award" means the certificate authorized by Section 7 of this ordinance, <br />setting forth the terms and other provisions of the Notes required or authorized by this ordinance. <br /> <br />"Closing Date" means the date of delivery of and payment for the Notes. <br /> <br /> "Code" means the Internal l~evenue Code of 1986, as amended. References to the Code <br />and sections of the Code include applicable regulations (wbetber temporary or final) under the <br />Code, and any amendments of, or successor provisions to; those sections or regulations. <br /> <br /> "Debt Service" means all amounts due as principal, interest, and any premium on an issue <br />of securities. <br /> <br /> "Depository" means any securities depository that is a cleating agency under federal law <br />operating and maintaining, with its Participauts or otherwise, a Book-Entry System to record <br />ownership of book-entry interests in securities or the principal of and interest on securities, and <br />to effect transfers of securities, in Book-Entry Form and means initially the Depository Trust <br />Company, New York, New York, a limited purpose trust company. <br /> <br /> "Federal Tax Status" means the status of the interest on the Notes as excludable from <br />gross income, for federal income tax purposes and not treated as an item of tax preference for <br />purposes of the alternative minimum tax <br /> <br /> "Financing Costs" means any financing costs anthorized to be paid by Section 133.01(K) <br />of the Ohio Revised Code. <br /> <br /> "Note Proceedings" means, collectively, this ordinance, the Certificate of Awm'd, the <br />Registrar Agreement, and the other proceedings of the City, including the Notes, that provide <br />collectively for, among other things, the fights of holders and beneficial owners of the Notes. <br /> <br />"Notes" raeans the Sidewalk Program Notes5 Series 2007, authorized by this ordinance. <br /> <br /> "Participant" means any participant contracting with a Depository under a Book-Entry <br />System afld includes securities b¥okers and dealers, barrks and trust c6mpanies, and clearing <br />corporations. <br /> <br /> "Project" means constructing mid reconstrueting side~valks in the City's 2007 Sidewalk <br />Program. <br /> <br /> "Register" means all books and records necessary for the registration, exchange? and <br />transfer of the Notes. <br /> <br /> "Registrar" means The Huntington NatiOnal Bank, a national banking association, or any <br />successor registrar designated in accordance with the Registrar Agreement, or any other bank or <br />trust company as designated by the Director of Finance in the Certificate of Award <br /> <br /> "Registrar Agreement" means the Note Registrar Agreement between the City and the <br />Registrar, as supplemented, amended, or modified. <br /> <br />"Underwriter" means AG Edwards & Sons, Inc <br /> <br /> <br />