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ordinance. <br />"Escrow Fund" means the Escrow Fund established pursuant to Section 9 of this <br />"Escrow Trustee" means U.S. Bank National Association, Cleveland, Ohio, as the initial <br />escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor <br />Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, <br />thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee. <br />"Interest Accretion Dates" means, as to any Capital Appreciation Bonds, June 1 and <br />December 1 in each year during which any Capital Appreciation Bonds are outstanding, commencing <br />June 1, 2006. <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 are outstanding, commencing June 1, 2006, and <br />(b) as to any Capital Appreciation Bonds, 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 />"Original Bond Legislation" means, collectively, Ordinance No. 2001-18 passed by this <br />Council on March 20, 2001, and the related certificate of award dated May 9, 2001, signed by the <br />Mayor and the Director of Finance pursuant thereto, authorizing the issuance and sale of the Original <br />Bonds. <br />"Original Bonds" means the City's $1,540,000 Street Improvement Bonds, Series 2001, <br />issued as a part of a consolidated issue of $12,430,000 Capital Improvement and Refunding Bonds, <br />Series 2001, dated as of May 1, 2001, pursuant to the Original Bond Legislation. <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 2006 through <br />2016. <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 signed <br />by the Mayor and the Director of Finance in accordance with Section 6. <br />"Refunded Bonds" means the $1,410,000 of the Original Bonds now outstanding stated <br />to mature on December 1 in the years from 2013 through 2016. <br />-4- <br />