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wastes, petroleum, and source, special nuclear, or by- product material as defined by the Atomic <br />Energy Act of 1954, as amended (42 USC Sections 3011 et seq.). <br />"Lease Agreement " means this Lease Agreement, dated as of June 1, 2014, between the <br />Authority and the City. <br />"Lease Payment Date" means January 1 and July 1 in each year, commencing January 1, <br />2015, and continuing to and including the date on which the Lease Payments are paid in full. <br />"Lease Payments" means all payments required to be paid by the City under Section 4.3, <br />including any prepayment thereof under Sections 9.2 or 9.3. <br />"Material Adverse Effect" means an event or occurrence which adversely affects in a <br />material manner (a) the assets, liabilities, condition (financial or otherwise), business, facilities <br />or operations of the City, (b) the ability of the City to carry out its business in the manner <br />conducted as of the date of this Lease Agreement or to meet or perform its obligations under <br />this Lease Agreement on a timely basis, (c) the validity or enforceability of this Lease <br />Agreement, or (d) the exclusion of the interest component of the Lease Payments from gross <br />income for federal income tax purposes or the exemption of such interest for state income tax <br />purposes. <br />"Material Litigation" means any action, suit, proceeding, inquiry or investigation against <br />the City in any court or before any arbitrator of any kind or before or by any Governmental <br />Authority, (i) if determined adversely to the City, may have a Material Adverse Effect, (ii) seek <br />to restrain or enjoin any of the transactions contemplated by this Lease Agreement, or (iii) may <br />adversely affect (A) the exclusion of the interest component of the Lease Payments from gross <br />income for federal income tax purposes or the exemption of such interest for state income tax <br />purposes or (B) the ability of the City to perform its obligations under this Lease Agreement. <br />"Net Proceeds" means any insurance or eminent domain award (including any proceeds <br />of sale to a governmental entity under threat of the exercise of eminent domain powers), paid <br />with respect to the Property, to the extent remaining after payment therefrom of all expenses <br />incurred in the collection thereof. <br />"1994 Bonds" means the Santa Ana Financing Authority Police Administration and <br />Holding Facility Lease Revenue Bonds, Series 1994A, outstanding in the principal amount of <br />$67,100,000. <br />"1994 Bonds Escrow Agreement" means that certain escrow deposit and trust agreement, <br />dated June 12, 2014, by and between the City and the Escrow Bank, relating to the defeasance of <br />a portion of the 1994 Bonds. <br />"1994 Bonds Escrow Fund" means the escrow fund established by and held by the Escrow <br />Bank under the 1994 Bonds Escrow Agreement. <br />"1998 Certificates " means the City of Santa Ana Certificates of Participation (1998 City <br />Hall Expansion Project), outstanding in the principal amount of $8,015,000. <br />"1998 Certificates Escrow Agreement" means that certain escrow deposit and trust <br />agreement, dated June 12, 2014, by and between the City and the Escrow Bank, relating to the <br />defeasance of the 1998 Certificates. <br />"1998 Certificates Escrow Fund" means the escrow fund established by and held by the <br />Escrow Bank under the 1998 Certificates Escrow Agreement. <br />-4- <br />