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M.V. Ord. 85-23 <br />4 <br />of the Indenture. The Applicable Rate shall not be less than <br />50%, nor more than 100% of the Base Lending Rate plus one <br />percentage point, and the resulting interest rate shall not be <br />greater than fourteen percent (14%) per annum. <br />"Base Lending Rate" means, as of any date of <br />determination, that rate of interest per annum which AmeriTrust <br />Company National Association announces from time to time as its <br />"base lending rate"; AmeriTrust Company National Association <br />charges interest at rates at, above or below the Base Lending <br />Rate. <br />"Bond Fund" means the Bond Fund created in Section 5.04 <br />of the Indenture. <br />"Bond Legislation" means (a) when used with reference <br />to the Project Bonds, this Ordinance providing for their <br />issuance and approving the Agreement, the Indenture and related <br />matters; (b) when used with reference to an issue of Additional <br />Bonds, this Ordinance, to the extent applicable, and the <br />legislation providing for the issuance of the Additional Bonds <br />and approving any amendment or supplement to the Agreement, any <br />Supplemental Indenture and related matters; and (c) when used <br />with reference to Bonds when Additional Bonds are outstanding, <br />this Ordinance and the legislation providing for the issuance of <br />the then outstanding and then to be issued Additional Bonds; in <br />each case as amended or supplemented from time to time. <br />"Bonds" means the Project Bonds and any Additional <br />Bonds. <br />"Clerk" means the Clerk of the Legislative Authority.