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Tax Ccrtificnte <br /> "Tax Certiftcate" means a certificate of the Port with respect to a Series of the Bonds, dated <br /> the date of the original issuance and delivery of such Series of the Bonds, relating to the <br /> requirements of certain provisions of the Codc, as such ccrtificate may from time to time be <br /> moditied ar supplemented in accordance with the terms thereof. <br /> Term Donds <br /> "Term Bonds" means Bonds which arc payablc on or beFore their specified maturity dAtes <br /> from Sinking Fund Installments estnblished for that purpose and calculated to retire such Bonds on <br /> or before their specified maturity dates. <br /> Trustee <br /> "Trustee" means U.S. Bank 7'rust Nationat Association,a national banking association, duly <br /> or�anized and existing under the laws of the United States of America, appointed by the Pon and <br /> .ictinp as an independent tn�stee with the duties and powers herein provided, and its successors or <br /> assigns,or any other corporation or association which may at any time be substituted in its place as <br /> provided in Section 5.1 hereof. <br /> Written Requestofthe Port <br /> "Written Request of the Port"means an instrument in writing signed by the President of the <br /> Board,the Yort Mana�er or the Manager of Finance and Administration of the Port,or their designee, <br /> or by any other afficer of the Port duly suthorized by the Port for that purpose,such authorization to be <br /> evidenced by a ceRificateverifyingthe specimen signaturesof such of�icers. <br /> Section 1.2, Equal Security. ln considerationotthe acceptance of the Bonds by the Owners <br /> thereof,the Indenture shall be deemed to be and shall constitute a contract between the Port and the <br /> 7'rustee for the benefit of the Owners from time to time of all the Bonds issued hereunder and then <br /> Outstanding to secure the fulJ and final payment of the interest on and principal of and redemption <br /> premiums, if any, on all Bonds authorized,executed. issued and delivered hereunder,subject to the <br /> agreements,conditions,covcnants and terms contained herein;and except as otherwise provided herein <br /> al I agreements,conditions,covenants and terms contained herein required to be observed or performed <br /> on behalf of the Port shall be for the equal and proportionate benefit,security and protection of all <br /> Owners of the Bonds from time to time without preference,priority or distinction as to security or <br /> otherwisc of any Bonds over any other Bonds. <br /> Section 1.3. ExecutionofContracts:RepaymentObli ations. � <br /> (a) The Port may at any time execute any Contracts the Contract Payments under <br /> which are payable from the Net Revenues on a parity with the Bonds;provided, that such Contracts <br /> mcet the conditions and requirements of Section 2.2 hereof (with the reference to Sonds being <br /> construed to mean Contracts or Contract Paymcnts,as eppropriate,and any provision not appliceble to <br /> Contracts or Contract Payments being disregarded)at the time of the execution thercof. <br /> 12094.9122931.0005 �T <br />