Indenture of Trust (1996) - Laserfiche WebLink

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with specifically negotiated withdrawal or reinvestment provisions and a specifically negotiated interest rate (for example, a guaranteed investment contract, a forward supply contract or other investment agreement) that is acquired in accordance with applicable regulations under the Code, (iii) the investment is a United States Treasury Security—State and Local Government Series, that is acquired in accordance with applicable regulations of the United States Bureau of Public Debt, or (iv) the investment is the Local Agency Investment Fund of the State of California but only if at all times during which the investment is held its yield is reasonably expected to be equal to or greater than the yield on a reasonably comparable direct obligation of the United States. The Trustee shall have no duty in connection with the determination of Fair Market Value other than to follow the investment directions of a City Representative in any written directions of a City Representative. "Federal Securities" means direct general obligations of the United States of America (including obligations issued or held in book entry form on the books of the Department of the Treasury) or obligations the payment of principal of and interest on which are unconditionally guaranteed by, the United States of America. "Fiscal Year" means any twelve-month period extending from July 1 in one calendar year to June 30 of the succeeding calendar year, both dates inclusive, or any other twelve-month period selected and designated by the Authority as its official fiscal year period. "Indenture" means this Indenture of Trust, as originally executed or as it may from time to time be supplemented,modified or amended by any Supplemental Indenture pursuant to the provisions hereof. "Independent Accountant" means any certified public accountant or firm of certified public accountants appointed and paid by the Authority or the Members, and who, or each of whom (a) is in fact independent and not under domination of the Authority or the Member; (b) does not have any substantial interest, direct or indirect, in the Authority or the Member; and (c) is not connected with the Authority or the Members as an officer or employee of the Authority or the Members but who may be regularly retained to make annual or other audits of the books of or reports to the Authority or the Members. "Information Services" means Financial Information, Inc.'s "Daily Called Bond Service", 30 Montgomery Street, 10th Floor,Jersey City, NJ 07302, Attention: Editor;Kenny Information Services' "Called Bond Service," 65 Broadway, 16th Floor, New York, NY 10006; Moody's 5250 77 Centre Drive, Suite 150, Charlotte, NC 28217, Attention: Called Bonds Dept.; S&P's "Called Bond Record," 25 Broadway, 3rd Floor, New York, NY 10004; and,in accordance with then current guidelines of the Securities and Exchange Commission, such other addresses and/or such other services providing information with respect to the redemption of bonds as the Authority may designate in a Written Certificate of the Authority delivered to the Trustee. "Insurance and Condemnation Fund" means the fund by that name established and held by the Trustee pursuant to Section 5.07. "Interest Account" means the account by that name established in the Bond Fund pursuant to Section 5.02. "Interest Payment Date" means each February 1 and August 1, commencing February 1, 1997. "Lease Agreements" means those certain Lease Agreements,each dated as of July 1, 1996, by and between the Authority, as lessor, and each Member, as lessee, of the Leased Premises, -5-