SA 3 - RESO - TAX ALLOCATION BONDS

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[ "Series 2016A Bonds" shall mean the Successor Agency to the Community Redevelopment Agency of the City of Santa Ana Tax Allocation Refunding Bonds, Series 2016A (Tax Exempt). "Series 2016B [fonds" shall mean the Successor Agency to the Community Redevelopment Agency of the city of Santa Ana Tax Allocation Refunding Bonds, Series 2016B (Federally Taxable). "Series 2016 Bonds" shall mean, collectively, the Series 2016A Bonds and the Series 2016E Bonds.] "Sinking Account Installment" shall mean the amount of money required to be paid by the Agency on a Sinking Account Payment Date toward the retirement of any particular Term Bonds on or prior to their respective stated maturities, as set forth in the Indenture. "Sinking Account Payment Date" shall mean any September 1 on which Sinking Account Installments on Term Bonds are scheduled to be paid, as set forth in the Indenture. "S &P" shall mean Standard & Poor's Financial Services LLC and its successors and assigns, except that if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, then "S &P" shall be deemed to refer to any other nationally- recognized rating agency selected by the Agency. "Substitute Depository" shall mean the substitute depository as defined in Section 2.12. "Supplemental Indenture" shall mean any indenture amending or supplementing the Indenture, but only if and to the extent that such Supplemental Indenture is specifically authorized hereunder. 112016 Reserve Policy" shall mean the Municipal Bond Debt Service Reserve Insurance Policy issued by the 2016 Bond Insurer and dated 2016. "Tax Certificate" shall mean that certificate and agreement, relating to various federal tax requirements, including the requirements of Section 148 of the Code, signed by the Agency on the date the Tax Exempt Bonds and the Series 2016A Bonds are issued, as the same may be amended or supplemented in accordance with its terms. "Tax Exempt" shall mean, with respect to interest on any obligations of a state or local government, that such interest is excluded from the gross income of the owners thereof for federal income tax purposes, whether or not such interest is includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax under the Code. "Tax Increment Fund" shall mean the fund established pursuant to Section 5,01 hereof. "Tax Revenues" shall mean all taxes annually allocated and paid to the Agency pursuant to Article 6 of Chapter 6 (commencing with Section 33670) of the Law, Section 16 of Article XVI of the Constitution of the State and other applicable state laws and as provided in the 14 3 -32