2014-048 - Execution and Delivery By the City of a Master Installment Purchase Agreement

Home Browse Search

"Escrow Agreement" means that certain Escrow Agreement, dated as of August 1, 2014, by and among the City, the Authority and the Escrow Agent, as the same may be amended from time to time, relating to the Santa Ana Financing Authority Water Revenue Bonds, Series 2004 (Payable Solely from Installment Payments Secured by Water System Net Revenues). "Escrow Agent" means The Bank of New York Mellon Trust Company, N.A., or any successor thereto under the Escrow Agreement. "Event of Default" shall have the meaning set forth in Section 10.01 hereof. "Financial Newspaper" means The Wall Street Journal or The Bond Buyer or any other newspaper or journal printed in the English language publishing financial news and selected by the Trustee, whose decision shall be final and conclusive. "Fiscal Year" means the fiscal year of the Authority which, as of the date hereof, is the period from July I to and including the following June 30. "Indenture" means this Indenture, dated as of August 1, 2014, between the Authority and the Trustee, as originally executed and as it may from time to time be amended or supplemented by all Supplemental Indentures executed pursuant to the provisions hereof. "Information Services" means "EMMA" or the "Electronic Municipal Market Access" system of the Municipal Securities Rulemaking Board; or, in accordance with then - current guidelines of the Securities and Exchange Commission, such other services providing information with respect to called bonds as the Successor Agency may designate in a Written Certificate of the Successor Agency delivered to the Trustee. "Installment Payments" means the Installment Payments scheduled to be paid by the City under and pursuant to the Installment Purchase Agreement and any supplement thereto. "Installment Purchase Agreement" means the Master Installment Purchase Agreement, dated as of August 1, 2014, entered into between the Authority, as seller, and the City, as purchaser, as originally executed and as it may from time to time be amended or supplemented pursuant to the provisions hereof and thereof. "Interest Account" means the account by that name established under Section 5.01(b) hereof. "Interest Payment Date" means each March 1 and September 1, commencing March 1, 2015. "Letter of Representations" means the letter of the Trustee and Authority delivered to and accepted by the Depository on or prior to the delivery of the 2014 Bonds or any Additional Bonds as Book Entry Bonds setting forth the basis on which the Depository serves as depository for such Book Entry Bonds, as originally executed or as it may be supplemented or revised or replaced by a letter to a substitute Depository. 55394.00011A8754149.4 6