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<br />fied in (i) above and issued by a bank or savings and loan association which <br />is insured by the Federal Deposit Insurance Corporation_or the Federal Savings <br />and Loan Insurance Corporation. <br />"Executive" means the Mayor of the Issuer. <br />"Fiscal Officer" means the Finance Director of the Issuer. <br />"Guarantor" me.ans Conergics Corporation, a corporation duly organized <br />and validly existing under the laws of the State of Delaware and qualified to <br />do business in the State. <br />"Guaranty" means the Unconditional Guaranty Agreement executed by the <br />Guarantor in favor of the Original Purchaser, dated as of December 1, 1983 <br />with respect to the Bond, as amended or supplemented from time to time. <br />"Holder" means the Original Purchaser, as the initial registered <br />holder of the Bond or, in the event of transfer thereof, as permitted by its <br />terms, any subsequent registered holder of the Bond. <br />"Issuer" means Mayfield Viliage, Ohio, a municipal corporation and <br />political subdivision duly organized and validly existing under the laws of <br />the State of Ohio. <br />"Legal Officer" means tlie Law Director of the Issuer. <br />"Legislative Authority" means the Council of the Issuer. <br />"Loan" means the loan by the Is.suer to the Company of the proceeds <br />received from the sale of the Bond. <br />"Loan Payments" means the amounts required to be paid by the Companq <br />in repayment of the Loan pursuant to the provisions of Section 4.1 of the <br />Agreement and the Note. <br />"Mortgage" means the Mortgage and Security Agreement, dated as of <br />December 1, 1983, and given by the Company to the Holder to securP performance <br />of the Agreement, as amended or supplemented from time to time. <br />"Note" means the non-negotiable promissory note of the (:ompany, dated <br />as of December 1, 1983, in the form atta.Ghed to the Agreement as Exhibit A and <br />in the principal amount of $3,500,000,,ev-.idencing the obligation of the <br />Company to make Loan Payments and deli-iered by the Company to the Original <br />Purchaser pursuant to the Agreement. <br />"Original Purchaser" means Bank One, Columbus, NA, Columbus, Ohio. <br />° "Person" or words importing persons mean firms, associations, part- <br />nerships (including, without limitation, general and limited partnerships), <br />joint ventures, societies, estates, trusts (public or-private), corporations <br />public or governmental bodies, other legal entities and natural persons. <br />3