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to the Rule. Until otherwise designated by the MSRB or the Securities and Exchange <br />Commission, filings with the MSRB are to be made through the Electronic Municipal Market <br />Access (EMMA) website of the MSRB, currently located at http: / /etnma.msrb.org, <br />"Officer's Certificate" shall mean a certificate signed by the Mayor, the City Manager <br />or the Director of Finance, acting for and on behalf of the Agency, the Executive Director of the <br />Agency, or the City Clerk acting for the Agency, <br />"Outstanding" when used as of any particular time with reference to Bonds, shall mean <br />(subject to the provisions of Section 9,02) all Bonds except: <br />(1) Bonds theretofore cancelled by the Trustee or surrendered to the Trustee for <br />cancellation; <br />(2) Bonds paid or deemed to have been paid within the meaning of Section 11.02; <br />and <br />(3) Bonds in lieu of or in substitution for which other Bonds shall have been <br />authorized, executed, issued and delivered by the Agency pursuant to the Indenture. <br />"Oversight Board" shall mean the oversight board of the Agency duly constituted from <br />time to time pursuant to Section 34179 of the Dissolution Act. <br />"Owner" or "Bondowner" whenever employed herein shall mean the person in whose <br />name such Bond shall be registered. <br />"Parity Debt" shall mean any additional tax allocation bonds, notes, interim certificates, <br />debentures or other obligations issued by the Agency as permitted by the Indenture payable out <br />of Tax Revenues and ranking on a parity with the Bonds. <br />"Pass- Through Agreements" shall mean each pass - through agreement and tax sharing <br />agreement entered into by the Agency with respect to a Project Area. <br />"Pass Through Obligations" shall mean (i) the statutory pass - through obligations of the <br />Agency described under Section 33607.5 of the Law, and (ii) the Pass - Through Agreements, and <br />shall include amounts elected to be allocated pursuant to subdivision (a) of Section 33676 and <br />Section 33607.7 or of the California Health and Safety Code. <br />"Permitted Investments" shall mean any of the following to the extent then permitted <br />by the general laws of the State of California applicable to investments by counties: <br />(1) (a) Direct obligations (other than an obligation subject to variation in principal <br />repayment) of the United States of America ("United States Treasury Obligations "), (b) <br />obligations fully and unconditionally guaranteed as to timely payment of principal and interest <br />by the United States of America, (c) obligations fully and unconditionally guaranteed as to <br />timely payment of principal and interest by any agency or instrumentality of the United States of <br />America when such obligations are backed by the full faith and credit of the United States of <br />America, or (d) evidences of ownership of proportionate interests in future interest and principal <br />3 -26 <br />