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"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 />"Closing Date" means the date of delivery of and payment for the Notes. <br />"Code" means the Internal Revenue Code of 1986, as amended. References to the Code <br />and sections of the Code include applicable regulations (whether temporary or final) under the <br />Code, and any amendments of, or successor provisions to, those sections or regulations. <br />"Continuing Disclosure Agreement" means the continuing disclosure agreement made by <br />the City for the benefit of Holders and beneficial owners of the Notes in accordance with the <br />SEC Rule. It consists of the covenants in Section 8(b) of this ordinance and the Continuing <br />Disclosure Certificate. <br />"Continuing Disclosure Certificate" means the certificate authorized by Section 8(b). <br />"Debt Service" means all amounts due as principal, interest, and any premium on an issue <br />of securities. <br />"Depository" means any securities depository that is a clearing agency under federal law <br />operating and maintaining, with its Participants or otherwise, aBook-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 />"EMMA System" means the MSR$'s proposed Electronic Municipal Market Access <br />System. <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 />"Financing Costs" means any financing costs authorized to be paid by Section 133.01{K}, <br />Revised Code. <br />"Holder" means, as to any Note, the person in whose name the Note is registered on the <br />Register. <br />"MSRB" means the Municipal Securities Rulemaking Board. <br />"Note Proceedings" means, collectively, this ordinance, the Certificate of Award, any <br />Purchase Agreement, the Registrar Agreement, and the other proceedings of the City, including <br />the Notes, that provide collectively for, among other things, the rights of holders and beneficial <br />owners of the Notes. <br />i3 <br />