Agmt15 City of RWC Public Financing Authority Water Revenue Refunding Bonds

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"Principal O�ce° means the corporate trust office of the Trustee set forth in Section 10.13 (except for payment, surrender and exchanges of the Bonds which shall be the corporate trust office of the Trustee in St. Paul, Minnesota), or such other or additional offices as may be designated by the Trustee. "Prior Bonds" mean the City of Redwood City Public Financing Authority Water Revenue Bonds, Series 2006A. "Prior Trustee" means The Bank of New York Melton Trust Company, N.A., as trustee under the 2006 Indenture. "Project"shall have the meaning set forth in the Installment Purchase Contract. "Rebate Fund" means the fund by that name established and held by the Trustee pursuant to Section 5.13 hereof. "Record Date" means the fifteenth day of the calendar month prior to an Interest Payment Date. "Redemption Account" means the account of that name established by the Trustee pursuant to Section 3.04 hereof. "Refunding Fund" means the fund of that name established by the Trustee pursuant to Section 3.13 hereof. "Reserve Requirement" means, with respect to the Series 2015 Bonds, as of any date of calculation, the lesser of (i) 10°rb of the original principal amount of the Series 2015 Bonds, (ii) an amount equal to maximum annual Debt Service on the Series 2015 Bonds payable by the Authority between the date of such calculation and the final maturity of the Series 2015 Bonds, or(iii) 125% of average annual Debt Service on the Series 2015 Bonds payable hereunder. "Reserve Requirement" with respect to any Additional Bonds shall have the meaning provided in the supplemental indenture relating thereto. "Responsible O�cer" means any o�cer of the Trustee assigned by the Trustee to administer the trusts established hereunder. "Reserve Fund" means the fund by that name established pursuant to Section 3.06. "Revenues" means (a) all amounts received by the Authority or the Trustee pursuant to or with respect to the Installment Purchase Contract, including, without limiting the generality of the foregoing, all of the Installment Payments (including both timely and delinquent payments and any late charges), prepayments of Installment Payments, insurance proceeds and condemnation proceeds deposited in the Insurance and Condemnation Fund, (b) amounts deposited in the Reserve Fund and Payment Fund, and (c) all interest, profits or other income derived from the investment of amounts in any fund or account established pursuant to this Indenture (except the Project Fund and the Rebate Fund). "S8P" means Standard 8 Poor's Ratings Service, a Standard 8 Poor's Financial Services LLC business, its successors and assigns. 9