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"Rating Agency" shall mean Moody's or S&P, or if either Moody's or S&P <br /> discontinues its securities rating service, then such other nationally recognized securities <br /> rating agency as may be specified by the Market Agent with the consent of the Authority. <br /> "Redemption Record Date" shall mean the record date selected by the Trustee <br /> pursuant to Section 7 of this Appendix for purposes of redemption of the ARS and IRS. <br /> "Regular ARS" shall mean, on any date of determination, ARS which are not <br /> Fixed, the beneficial ownership of which is recorded under the Applicable CUSIP Number <br /> at the Securities Depository. <br /> "Regular Fixed AIRS" shall mean, on any date of determination, ARS and <br /> IRS which are Fixed and which were Fixed on the first day of the Interest Period during <br /> which such date of determination occurs or, if such first day falls within a Closed Period, <br /> then on the Business Day immediately succeeding such first day. <br /> "Record Date" shall mean, the Business Day next preceding each Interest <br /> Payment Date. <br /> "Regular IRS" shall mean, on any date of determination, IRS which are not <br /> Fixed and the beneficial ownership of which is recorded under the Applicable CUSIP <br /> Number at the Securities Depository. <br /> "Request to Fix" shall mean a written request received by the Auction Agent <br /> from a Broker-Dealer, substantially in the form provided in the Broker-Dealer Agreement, <br /> and described in Section 8 of this Appendix. <br /> "Request to Separate" shall mean a written request received by the Auction <br /> Agent from a Broker-Dealer, substantially in the form provided in the Broker-Dealer <br /> Agreement, and described in Section 8 of this Appendix. <br /> "S&P" shall mean Standard & Poor's Ratings Group, a New York <br /> corporation, its successors and assigns. <br /> "Securities Exchange Act" shall mean the Securities Exchange act of 1934, as <br /> amended. <br /> "Separated" shall mean Newly Fixed AIRS or Regular Fixed AIRS, the <br /> beneficial ownership of which has been separated into equal aggregate principal amounts of <br /> ARS and IRS, and recorded as such as Regular ARS and Regular IRS under the Applicable <br /> CUSIP Numbers at the Securities Depository. <br /> "Service Charge" shall mean the dollar amount, if any, payable to the <br /> Auction Agent and any Broker-Dealer on an Interest Payment Date, as calculated pursuant <br /> to Section 3(e) of this Appendix. <br /> LA1-63221.5 A-9 <br />