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(aa) "Escrow" means the escrow established with the Title Company for the purpose of closing the construction financing. (bb) "Extremely Low Income Household" means a household with an adjusted income that does not exceed thirty percent (30%) of area median income, adjusted for actual household size (cc) "Financing Plan" means the Developer's plan for financing the development of the Improvements in the form approved by City and attached hereto as Exhibit D, approved by the City pursuant to Section 2.4, as such may be amended from time to time. (dd) "Fiscal Year" shall mean the Developer's fiscal year which ends on December 31, except as the Developer otherwise notifies the City in writing. (ee) "Former Agency" has the meaning set forth in the first paragraph of this Agreement. (ff) "Gross Revenue" with respect to a particular Fiscal Year, means all revenue, income, receipts, and other consideration actually received from operation and leasing of the Development, including but not limited to: (1) all rents, fees and charges paid by tenants, payments or other rental subsidy payments received for the dwelling units, deposits forfeited by tenants, all cancellation fees, price index adjustments and any other rental adjustments to leases or rental agreements resulting in actual income; (2) The proceeds of business interruption or similar insurance (less any deductibles associated therewith not paid from Operating Expenses); (3) Any payment received in consideration for the leasing or other use of any portion of the Development; (4) Subject to the rights of Senior Lenders, the proceeds of casualty insurance to the extent not utilized to repair or rebuild the Development (or applied toward the cost of recovering such proceeds); (5) Subject to the rights of Senior Lenders, condemnation awards for a taking of part or all of the Development for a temporary period; and (6) Gross Revenue shall exclude tenants' security deposits, loan proceeds, capital contributions or other similar advances. (gg) "Hazardous Materials" means: (1) any "hazardous substance" as defined in Section 101(14) of CERCLA (42 U.S.C. Section 9601 (14)) or Section 25281(d) or 25316 of the California Health and Safety Code as amended from time to time; REV: 06-17-2020 PR 1199\09\2727850.8 ATTY/AGR.2020.100/353 Main Street Apartments LP (Page 12 of 143)