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. ?•? ,?, <br />"Current Interest Serial Bonds" means those Current Interest Bonds designated as <br />such and maturing on the dates set forth in the Certificate of Award, bearing interest payable <br />on each Interest Payment Date and not subject to mandatory sinking fund redemption. <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 2016. <br />"Purchase Agreement" means the Bond Purchase Agreement between the City and <br />the Original Purchaser, as it may be modified from the form on file with the Clerk of Council <br />and 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 <br />the Bond Registrar, as it may be modified from the form on file with the Clerk of Council and <br />executed by the Director of Finance in accordance with Section 4. <br />"Rule" means Rule 15c2-12 prescribed by the SEC pursuant to the Securities <br />Exchange Act of 1934. <br />"SEC" means the Securities and Exchange Commission. <br />"SID" means the state information depository, if any, with which filings are required <br />to be made by the Ciry in accordance with the Rule. <br />"Specified Events" means the occurrence of any of the following events, within the <br />meaning of the Rule, with respect to the Bonds, as applicable: principal and interest payment <br />-6- <br />D03:[00523.DOCS.NOR05228]BOND ORDINANCE STREETS $7 840.