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6 <br />"Indenture" means the Trust Indenture, dated as of <br />December 1, 1987, between the Issuer and the Trustee, as <br />amended or supplemented from time to time. <br />"Interest Payment Date" means, as to the Project <br />Bonds, the first business day of each month, commencing January <br />4, 1988. <br />"Issuer" means the City of North Olmsted, Ohio. <br />"Legislative Authority" means the Council of the <br />Issuer. <br />"Letter of Credit" means the irrevocable letter of <br />credit issued by the Letter of Credit Bank and delivered to the <br />Trustee on the same date as the delivery of the Project Bonds, <br />or any Alternate Letter of Credit issued in accordance with the <br />Agreement. <br />"Letter of Credit Bank" means AmeriTrust Company <br />National Association, in its capacity as issuer of the Letter <br />of 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 />