Laserfiche WebLink
and judicial determinations regarding any of the foregoing, all as and to the extent applicable. <br /> Unless otherwise indicated, reference to a Section of the Code includes any applicable successor <br /> section or provision and such applicable Regulations, rulings, announcements, notices, procedures <br /> and determinations pertinent to that Section. <br /> "Compound Accreted Amount" means, with respect to any Capital Appreciation Bond, <br /> the principal amount thereof plus interest accrued and compounded on each Interest Accretion Date <br /> to the date of maturity or other date of determination. The Compound Accreted Amount per <br /> Maturity Amount of $5,000 of the Capital Appreciation Bonds of each maturity and each <br /> compounding interest rate within a maturity as of each Interest Accretion Date shall be set forth in <br /> the Certificate of Award. The Compound Accreted Amount of a Capital Appreciation Bond as of <br /> any date other than an Interest Accretion Date is the sum of(a)the Compound Accreted Amount for <br /> that Bond on the immediately preceding Interest Accretion Date plus (b) the product of (i) the <br /> difference between (A) the Compound Accreted Amount of that Bond on the immediately <br /> preceding Interest Accretion Date and (B) the Compound Accreted Amount of that Bond on the <br /> immediately succeeding Interest Accretion Date, times (ii) the ratio of(C) the number of days from <br /> the 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 Accreted <br /> Amount of a Capital Appreciation Bond as of a date prior to the first Interest Accretion Date, the <br /> Closing Date shall be deemed to be the immediately preceding Interest Accretion Date and the <br /> principal amount of that Bond shall be deemed to be the Compound Accreted Amount on the <br /> Closing Date. <br /> "Continuing Disclosure Agreement" means the continuing disclosure agreement to be <br /> signed by the Mayor and the Director of Finance pursuant to subsection (c) of Section 6, to be <br /> substantially in the form on file with the Clerk of Council, and which, together with the agreements <br /> of the City set forth in that subsection and the Bonds, shall constitute the continuing disclosure <br /> agreement made by the City for the benefit of holders and beneficial owners of the Bonds in <br /> accordance with the Rule. <br /> "Current Interest Bonds" means those Bonds designated as such in the Certificate of <br /> Award, all of which shall bear interest payable on each Interest Payment Date. <br /> "Current Interest Serial Bonds" means those Current Interest Bonds designated as such <br /> in the Certificate of Award, maturing on the Principal Payment Dates set forth in the Certificate of <br /> Award, bearing interest payable on each Interest Payment Date and not subject to mandatory <br /> 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 effect <br /> transfers of Bonds, in book entry form, and includes and means initially The Depository Trust <br /> Company(a limited purpose trust company),New York,New York. <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, <br /> - 3 - <br />