Laserfiche WebLink
or notional amount of which, as applicable, is of equal amount and (ii)the interest rates on which. <br /> takcn together.result in an irrevocably fixed rate obli�ation of the Port for the tei�n of such Bonds or <br /> Coniracts. <br /> 1'arity RepavmentObli�a� tion <br /> "Purity Repayment Obligation" means any Repayment Obligation that, under the terms of <br /> the written agreement establishing sucl� Repayment Ohligation. is secured by a pledge of the Net <br /> Revenues on a parity with the Bonds as provided in Section I.3(b)hereof. <br /> Parity Reserve Funds <br /> "Parity Reserve Funds" means the funds by that name established pursuant to any <br /> • Supplemental Indenture in accordance with Section 3.3(c)hereof. <br /> Particioants <br /> "Pprticipints" means those broker-dealers,banks and other financial institutions from time to <br /> time for which the Depository holds Book-Entry Bonds�s a securities depository. <br /> � <br /> "Port" means the Board of Port Commissioners of the Yort Department of the City of <br /> Redwood City,and includes all facilities and property,teal or personfll,�yherever loeated. under thc <br /> jurisdiction and control of the Bo�►rd or in which the Board has other rights or from which the Board <br /> derives revenues. <br /> Princippl Funds <br /> "Principa! Funds" means the funds by that name established pursuant to any Supplemental <br /> lndenture in accordance with Section 3.3(b)hereof. <br /> Principel PaYment Date <br /> "Principal Payment Date" means any April 1 on which the principal of any Series of the <br /> Bonds is schcdulcd to bc paid or any other dates designated for the payment of principal on such <br /> Series of Bonds by the Supplemental Indcnture relating to such Serics of Bonds. <br /> Pm,ject <br /> "Project" mcans improvements, utilities, structures, watercratt, appliances, facilitics and <br /> services as the Board may deem necessary or convenient for the promotion or accommodation of <br /> commerce, navigation or fishery, or for any use in connection therewith, or upon the Iands and <br /> waters, or interests therein, in the possession and under the management,supervision and control of <br /> the Board, or for the payment of the cost of acquiring or taking such real property or any interest <br /> therein that the Board may deem necessary or eonvenient t'or such purposes, as more specifically , <br /> identified in a Supplemental Indenture. <br /> 12Q94.9122931.0003 �3 <br />