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<br /> <br />immediately preceding Interest Accretion Date plus (b) the product of (i) the difference between <br />(A) the Compound Accreted Amount of that Bond on the immediately preceding Interest <br />Accretion Date minus (B) the Compound Accreted Amount of that Bond on the immediately <br />succeeding Interest Accretion Date, times (ii) the ratio of (C) the number of days from the <br />immediately preceding Interest Accretion Date to the date of determination to (D) the total <br />number of days from that immediately preceding Interest Accretion Date to the immediately <br />succeeding Interest Accretion Date; provided, however, that in determining the Compound <br />Accreted Amount of a Capital Appreciation Bond as of a date prior to the first Interest Accretion <br />Date, the Closing Date shall be deemed to be the immediately preceding Interest Accretion Date <br />and the original principal amount of that Bond shall be deemed to be the Compound Accreted <br />Amount on the Closing Date. <br />"Continuing Disclosure Certificate" means the certificate authorized by subsection <br />(c) of Section 6, to be substantially in the form attached as Exhibit B to the Purchase Agreement, <br />and which, together with the agreements of the City set forth in that subsection, shall constitute <br />the Continuing Disclosure Agreement made by the City for the benefit of holders and beneficial <br />owners of the Bonds in accordance with the Rule. <br />"Current Interest Bonds" means those Bonds designated as such and maturing on the <br />dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment <br />Date. <br />"Depository" means any securities depository that is a clearing agency under federal <br />law 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 <br />effect transfers of Bonds, in book entry form, and includes and means initially The Depository <br />Trust 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, 1997, 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 <br />December 1 of each year during which the Current Interest Bonds are outstanding, commencing <br />June 1, 1997, and (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 <br />and interest due and payable at the stated maturity of that Bond. <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 <br />including 1997 to and including 2005. <br />-3- <br />D03: [00523. DOCS. NOR05228] BOND_ORDINANCE_COMPUI'ER_EQUIP_5355. <br />?I ,_. a , -?,. . . .__. . ..,_.m.... _ _?.; . ? , .?_ r- I ..., ?. - 1 1-1--