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indebtedness or other obligations of any other Person for borrowed money or for the deferred
<br /> purchase price of property or services, the payment or collection of which such Person has
<br /> guaranteed (except by reason of endorsement for deposit or collection in the ordinary course of
<br /> business) or in respect of which such Person is liable, contingently or otherwise, including,
<br /> without limitation, by way of agreement to purchase, to provide funds for payment, to supply
<br /> funds to or otherwise to invest in such other Person, or otherwise to assure a creditor against loss,
<br /> (c) all indebtedness or other obligations of any other Person for borrowed money or for the
<br /> deferred purchase price of property or services secured by (or for which the holder of such
<br /> indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien, upon or
<br /> in property (including, without limitation, accounts and contract rights) owned by such Person,
<br /> whether or not such Person has assumed or become liable for the payment of such indebtedness
<br /> or other obligations, (d) all direct or contingent obligations of such Person in respect of letters of
<br /> credit, (e) all lease obligations which have been or should be, in accordance with GAAP,
<br /> capitalized on the books of such Person as lessee, and (f) guaranties of any of the foregoing;
<br /> provided that Indebtedness does not include accounts payable and accrued expenses incurred in
<br /> the ordinary course of business.
<br /> "Independent" when used with respect to a specified Person means such Person has no
<br /> specific financial interest direct or indirect in the Borrower or any Affiliate of the Borrower and
<br /> in the case of an individual is not a director, trustee, officer,partner or employee of the Borrower
<br /> or any Affiliate of the Borrower and in the case of an entity, does not have a partner, director,
<br /> trustee, officer, partner or employee who is a director, trustee, officer or employee of any partner
<br /> of the Borrower or any Affiliate of the Borrower.
<br /> "Information Services"means Financial Information, Inc.'s "Daily Called Bond Service,"
<br /> One Cragwood Road, 2nd Floor, South Plainfield, New Jersey 07080, Attention: Editor; J. J.
<br /> Kenny Standard & Poor's Information Services "Called Bond Service," 55 Water Street, 28th
<br /> Floor, New York, New York 10041; "Moody's Investors Service Municipal Government," 7
<br /> World Trade Center, 250 Greenwich Street, New York, New York 10007, Attention: Municipal
<br /> News Reports; or, in accordance with then-current guidelines of the Securities and Exchange
<br /> Commission, to such other addresses and/or such other services providing information with
<br /> respect to called bonds.
<br /> "Initial Interest Rate"means [ ] %per annum.
<br /> "Initial Investment" means, a U.S. Treasury Note in the principal amount of
<br /> [$ ], bearing interest at the rate of[ _ %] per annum and maturing on October 31,
<br /> 2021.
<br /> "Initial Mandatory Tender Date"means November 1, 2021.
<br /> "Initial Remarketing Date" means the Initial Mandatory Tender Date, but only if the
<br /> conditions for remarketing the Bonds on such date as provided in Section 4.03 hereof are
<br /> satisfied.
<br /> "Interest Payment Account" means the Interest Payment Account within the Bond Fund
<br /> created in Section 5.01 hereof.
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