Recording Requested by Stewart Title-Lease Agreement- City of Buena Park

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ARTICLE I DEFINITIONS AND EXHIBITS Section 1.1.Definitions. Unless the context clearly otherwise requires or unless otherwise defined herein,the capitalized terms in this Lease Agreement shall have the respective meanings specified in Section 1.01 of the Indenture (hereinafter defined). In addition,the following terms heretofore defined in this.Lease Agreement and the following terms defined in this Section 1.1 shall,for all purposes of this Lease Agreement,have the respective meanings herein specified. "Additional Payments" means the amounts payable by the City pursuant to Section 4.7. "City Continuing Disclosure Certificate" shall mean that certain Continuing Disclosure Certificate executed by the City and dated the Closing Date, as originally executed and as it may be amended from time to time in accordance with the terms thereof. "City's Pro Rata Portion" means the product of the total cost multiplied by a fraction, the numerator of which is the aggregate principal amount of the Bonds issued for the benefit of the City, and the denominator of which shall be the aggregate principal amount of the Bonds issued. "Event of Default" means any of the events of default defined as such in Section 9.1. "Facility"means those certain improvements more particularly described in Exhibit B to the Site and Facility Lease and in Exhibit B to this Lease Agreement. "Fiscal Year"means the twelve-month period beginning on July 1 of any year and ending on June 30 of the next succeeding year, or any other twelve-month period established by the City as its fiscal year pursuant to written notice filed with the Authority and the Trustee. "Indenture" means the Indenture of Trust dated as of July 1, 1996, by and between the Authority and the Trustee, authorizing the issuance of the Bonds, together with any duly authorized and executed amendments thereto. "Lease Payment Date" means, with respect to any Interest Payment Date, the fifteenth (15th) calendar day of the month preceding such Interest Payment Date. "Lease Payments" means the amounts payable by the City pursuant to Section 4.3(a), including any prepayment thereof pursuant hereto and including any amounts payable upon a delinquency in the payment thereof. "Leased Premises"means,collectively,the Site and the Facility. "Net Proceeds" means amounts derived from any policy of casualty insurance or title insurance with respect to the Leased Premises, or the proceeds of any taking of the Leased Premises or any portion thereof in eminent domain proceedings (including sale under threat of such proceedings), to the extent remaining after payment therefrom of all expenses incurred in the collection and administration thereof. "Participating Underwriter" shall have the meaning ascribed thereto in the City Continuing Disclosure Certificate. -2-