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1985 023 Ordinance
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1985 023 Ordinance
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Last modified
11/19/2018 3:54:43 PM
Creation date
8/8/2018 8:18:47 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
023
Date
11/18/1985
Year
1985
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M.V. Ord. 85-23 <br />6 <br />"Letter of Credit Bank" means AmeriTrust Company <br />National Association, in its capacity as issuer of the Letter of <br />Credit. <br />"Loan" means the loan by the Issuer to the Company of <br />the proceeds received from the sale of the Bonds. <br />"Loan Payments" means the amounts required to be paid <br />by the Company in repayment of the Loan pursuant to the <br />provisions of the Notes and Section 4.1 of the Agreement. <br />"Mayor" means the Mayor of the Issuer. <br />"Mortgage" means the Open-End Mortgage and Security <br />Agreement, dated as of the same date as the Indenture, given by <br />the Company to the Trustee and the Letter of Credit Bank, as <br />amended or supplemented from time to time. <br />"Notes" means the Project Note and any Additional Notes. <br />"Original Purchaser" means, as to the Project Bonds, <br />the Person or Persons identified as the purchaser or purchasers <br />in the Purchase Agreement. <br />"Person" or words importing persons mean firms, <br />associations, partnerships (including without limitation, <br />general and limited partnerships), joint ventures, societies, <br />estates, trusts, corporations, public or governmental bodies, <br />other legal entities and natural persons. <br />"Project" means, collectively, the real estate at the <br />time comprising the Project Site, and the real and personal <br />property at the time comprising the Project Facilities, each as <br />defined in the Aqreement, together comprising a multi-tenant <br />office complex and related facilities.
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