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ARTICLE I <br />DEFINITIONS <br />Section 1.1. Use of Defined Terms. In addition to the words and terms elsewhere <br />defined in this Loan Agreement or by reference to other instruments, the words and terms set <br />forth in Section 1.2 hereof shall have the meanings therein set forth unless the context or use <br />expressly indicates a different meaning or intent. Such definitions shall be equally applicable to <br />both the singular and plural forms of any of the words and terms therein defined. <br />Section 1.2. Definitions. As used herein: <br />"Act" means Section 5531.09, Ohio Revised Code, as from time to time amended. <br />"Authorized Village Representative" means the Director of Finance, Mayor, or such other <br />person designated by the Village from time to time to act on behalf of the Village by written <br />certificate furnished to the Director. <br />"Completion Date" means the date of completion of the provisions of the Project, as <br />certified by the Village pursuant to Section 3.4 hereof. <br />"Cost Certifications" means a certificate of the Village, as of a specified date, setting <br />forth in reasonable detail the costs incurred and, if appropriate, to be incurred, by the Village in <br />completing the Project, including a detail by category of all costs thereof. <br />"Disbursement Forms" means State Infrastructure Bank Loan disbursement forms A and <br />B, copies of which are attached hereto as Exhibit D. <br />"Event of Default" means any of the events described as an event of default in Section 4.1 <br />hereof. <br />"Environmental Law" means any federal, state or local law, regulation, ordinance, order <br />or directive pertaining to the protection of the environment. <br />"Final Cost Certification" means the Cost Certification dated as of the Completion Date. <br />"First Disbursement" means the first disbursement of funds for construction of the <br />Project, not including the initial disbursement to pay closing costs as described in Section 3.6. <br />"Hazardous Substance" means a hazardous substance as defined under the <br />Comprehensive Emergency Response Compensation and Liability Act of 1980, 42 U.S.C. <br />§6901, as from time to time amended. <br />"Hazardous Waste" means a hazardous waste as defined under the Resource <br />Conservation and Recovery Act of 1976, 42 U.S.C. §6901, as from time to time amended. <br />"Loan" means the loan by the Director to the Village in the total sum of $4,883,268, to be <br />disbursed pursuant to Section 3.1 hereof. <br />4 <br />