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'EF- - 04 (0 "Contract Pereod of Years" means the period of calendar years shown on Exhibit 1 as "Term In Yyars," commencing on the Date of Initial Payment to the WPCLF as set forth an the project schedu1e or., Exhibit I, provided that it shall commence no later than twelve (I2) months foilowing tre actual Initiation of Qperatian of the Project Facilities, as presently determined in the project s•:heduto-, but in no event shall the Contract Period of Years exceed 20 years. paints(g) "Default Rate" means a rate eqval to the Contract Interest ?Rate plus three percentag;e . (h) "Elibibl : Project Costs" sha11 include, whether incurred before or after the date of this Agreem-:,nt (bui if incutred prior to the date hereoC subject to the restrictions set forth in the proviso belc w), co..ts that may be disbursed out of funds from the WP(;LF, a description a.nd distribution ofwhici? su6ject to paragraph 4.1. hereo& is shown on Exlubit I which is hereby incorporatee intu th is Ageemerst, and revision to which Exhibit can aGmr oniy with the agreement af the State actd Borrower; provided, however, that Eligible Project Costs shall include costs incurrad prior to the date hereof only if and to the extent 1:hat, in the opinion of nationally recognized bond counset satisfactory to the State, the payment of such costs by the State woutd not cause the interest on any debt obligations of the 4WDA to cease to be exctuded from goss i:-icorne !'or purposes af federa) income taxation. (i) "Faci'ities Plan" means all materials developed by the Barroiver and the Directar, inctuding the Directar's- approval and any applicable conditions, in satisfaction of Ohio Revised Code Scctio:i 6111.436 (Kx?). (j) "Finding aFNo SignificEnt Impact" or "FNSI" means atl mat+.rials deveIoped by the Borrower an I tba birector in satisfaction of Ohio Revised Code Sections 6111.036 {K}(5) and (4 (k) "Initiation of pperation" means the date that aIl Project Facilities are in fuli and sustained opp;,ration im pia:nned and designed (1) "1'arti-Wipt?:tion Rate" means the dollar amount per semi-annual period necessary to amor;ixe s principal amount af ane doliar over the Contract Period of Years at the Contract T7tcrest Rate. (m) "Performance Certifica:ion" means the certification by the Eorrower that the Project Facilities aze .-neeting the agreed upon perFormance criteria on the date ane year after Initiation of Operation of the Project Facilities. (n) "Perforzr_ance Criteria" means the standards set forth by the :Director and agreed to in writing by thc Borro7Ner which the Sorrower shall meet for the design li °e of the Project Facilities. (o) "F'ledged Revenues" means the one or more dedicate3 sourc-as of revenue for payment of tre 5emi-.Annuai Payment, a11 as described in Exhibit 2, which shall include, unZess 3