Laserfiche WebLink
"Depository" means any securities depository that is a clearing agency under federal law <br />operating and maintaining, with its Participants or otherwise, a book entry system to record <br />ownership of book entry interests in Bonds or the principal of and interest on Bonds, and to effect <br />transfers of Bonds, in book enhy form, and includes and means initially The Depository Trust <br />Company (a limited purpose trust company), New York, New York. <br />"Interest Accretion Dates" means, with respect to Capital Appreciation Bonds, if any, <br />each June 1 and December 1, commencing June 1, 2001, in the years during which any Capital <br />Appreciation Bonds are outstanding. <br />"Interest Payment Dates" means (a) as to Current Interest Bonds, June 1 and December 1 <br />of each year during which the Current Interest Bonds aze outstanding, commencing June 1, 2001, and <br />(b) as to Capital Appreciation Bonds, if any, their respective maturity dates. <br />"Maturity Amount" means, with respect to a Capital Appreciation Bond, the principal of <br />and interest on that Bond due and payable at its stated maturity. <br />"MSRB" means the Municipal Securities Rulemaking Board established by the SEC. <br />"NRMSIR" means each nationally recognized municipal securities information <br />repository designated from time to time by the SEC in accordance with the Rule. <br />"Original Purchaser" means NatCity Investments, Inc., Cleveland, Ohio. <br />"Participant" means any participant contracting with a Depository under a book entry <br />system and includes securities brokers and dealers, banks and trust companies, and clearing <br />corporations. <br />"Principal Payment Dates" means December 1 in each of the years from and including <br />2001 to and including 2020. <br />"Purchase Agreement" means the Bond Purchase Agreement between the City and the <br />Original Purchaser, as it may be modified from the form on file with the Clerk of Council and <br />executed by the Mayor and the Director of Finance in accordance with Section 6. <br />"Registrar Agreement" means the Bond Registrar Agreement between the City and the <br />Bond Registrar, as it may be modified from the form on file with the Clerk of Council and executed <br />by the Director of Finance in accordance with Section 4. <br />"Rule" means Rule 15c2-12 prescribed by the SEC pursuant to the Securities Exchange <br />Act of 1934. <br />"SEC" means the Securities and Exchange Commission. <br />-4- <br />.?., ,