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<br />5 <br />“Generally Accepted Accounting Principles” means the uniform accounting and reporting <br />procedures prescribed by the California State Controller or his or her successor for municipal <br />corporations in the State of California, or failing the prescription of such procedures means <br />generally accepted accounting ‘ principles as presented and recommended by the American <br />Institute of Certified Public Accountants or its successor, or by the Governmental Accounting <br />Standards Board or its successor, or by any other generally accepted authority on such <br />principles. <br /> <br />“Indenture” means this Indenture of Trust by and between the Trustee and the Authority, <br />dated as of March 1, 2017 as originally executed and entered into and as it may from time to <br />time be amended or supplemented in accordance herewith. <br /> <br />“Independent Certified Public Accountant” means any firm of certified public accountants <br />appointed by the Authority which is independent pursuant to the Statement on Auditing <br />Standards No. 1 of the American Institute of Certified Public Accountants. <br /> <br />“Information Services” means in accordance with then-current guidelines of the <br />Securities and Exchange Commission, the Electronic Municipal Market Access System (referred <br />to as “EMMA”), a facility of the Municipal Securities Rulemaking Board (at <br />http://emma.msrb.org), or such service or services as the Authority may designate in a <br />certificate delivered to the Trustee. <br /> <br />“Interest Payment Date” means August 1, 2017 and each February 1 and August 1 <br />thereafter. <br /> <br />“Installment Payment Date” means the date three (3) Business Days prior to each <br />February 1 and August 1, commencing in July 2017. <br /> <br />“Installment Payments” mean the aggregate amount of all the payments required to be <br />paid by the City pursuant to the Installment Purchase Contract, as set forth in Exhibit B to the <br />Installment Purchase Contract. <br /> <br />“Installment Purchase Contract” means the Installment Purchase Contract, dated as of <br />March 1, 2017, between the Authority and the City. <br /> <br /> “Moody’s” means Moody’s Investors Service, Inc., its successors and assigns. <br /> <br />“Net Proceeds” means, when used with respect to any insurance or condemnation <br />award, the proceeds from such insurance or condemnation award remaining after payment of all <br />reasonable expenses (including attorneys’ fees) incurred in the collection of such proceeds. <br /> <br />“Nominee” means (a) initially, Cede & Co., as nominee of DTC, and (b) any other <br />nominee of a Depository designated pursuant to Section 2.11 hereof. <br /> <br />“Outstanding” when used as of any particular time with reference to Bonds, means <br />(subject to the provisions of Section 8.02) all Bonds except: <br /> <br />(1) Bonds canceled by the Trustee; <br /> <br />(2) Bonds paid or deemed to have been paid within the meaning of Section <br />9.01; and <br />8.C. - Page 116