Item 38 - Water Revenue Bonds - Laserfiche WebLink

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"Term Obligations" means Obligations which are payable on or before their specified maturity dates from sinking fund payments established for that purpose and calculated to retire such Obligations on or before their specified maturity dates. "Trustee" means a financial institution acting in its capacity as Trustee under and pursuant to the Issuing Instrument, and its successors and assigns. "Variable Rate Indebtedness" means any portion of indebtedness evidenced by Parity Obligations the interest rate on which is not established at the time of incurrence of such indebtedness and has not, at some subsequent date, been established at a rate which is not subject to fluctuation or subsequent adjustment, excluding Paired Obligations. "Water Revenue Fund" has the meaning ascribed thereto in Section 5.02 hereof. "Water Service" means the water storage and distribution services made available or provided by the Water System. "Water System" means any and all facilities, properties and improvements at any time owned, controlled or operated by the City as part of the Water Revenue Fund (defined in Section 5.02 hereof) for the collection, treatment, distribution, administration, disposal or reclamation of water. "2014 Master Installment Purchase Agreement" means the Master Installment Purchase Agreement, dated as of August 1, 2014, by and between the City and the Santa Ana Financing Authority. SECTION 1.02. Rules of Construction. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neutral genders. Except where the context otherwise requires, words importing the singular number shall include the plural number and vice versa, and words importing persons shall include corporations and associations, including districts, agencies and other public bodies, as well as natural persons. Unless otherwise indicated, references herein to subsections, "Sections" and "Articles" are to such subsections, Sections and Articles of this Installment Purchase Agreement. Unless the context requires otherwise, the terms "herein," "hereof," "hereunder" and any similar terms, as used in this Installment Purchase Agreement, shall refer to this Installment Purchase Agreement as a whole and not to any particular provisions of this Installment Purchase Agreement. The term "issue" shall include issuance, creation, incurrence, entering into an agreement or any other act pursuant to which the City may become obligated with respect to an Obligation. 12 55394.00068\42092413.3