14-20 Cedar Glen Bond Ordinance Addendums

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"Regulatory Agreement" means the Regulatory Agreement and Declaration of Restrictive Covenants, dated as of even date with this Indenture, among the Issuer, the Trustee and the Borrower. "Remarketing Agent"means The Sturges Company. "Remarketing Agent's Fee" means the fee of the Remarketing Agent for its remarketing services. "Remarketing Agreement" means the Remarketing Agreement, dated as of April 1, 2020, by and between the Borrower and the Remarketing Agent, as amended, supplemented or restated from time to time, or any agreement entered into in substitution therefor. "Remarketing Date" means the Initial Remarketing Date and, if the Bonds Outstanding on such date or on any subsequent Remarketing Date are remarketed pursuant to Section 4.03 hereof for a Remarketing Period that does not extend to the final maturity of the Bonds, the day after the last day of the Remarketing Period. "Remarketing Expenses" means the costs and expenses incurred by the Trustee and its counsel, the Remarketing Agent and its counsel, the Issuer and its counsel, and Bond Counsel in connection with the remarketing of the Bonds, including bond printing and registration costs, costs of funds advanced by the Remarketing Agent, registration and filing fees, the cost of any Cash Flow Projections or other verification reports, rating agency fees and other costs and expenses, excluding the Extension Fee, incurred in connection with or properly attributable to the remarketing of Bonds as certified by the Remarketing Agent in writing. "Remarketing Notice Parties" means the Borrower, the Issuer, the Trustee, the Remarketing Agent and the Senior Lender. "Remarketing Period" means the period beginning on a Remarketing Date and ending on the last day of the term for which Bonds are remarketed pursuant to Section 4.03 or the final Maturity Date of the Bonds, as applicable. "Remarketing Proceeds Account" means the Remarketing Proceeds Account of the Bond Fund created in Section 5.01 hereof. "Remarketing Rate"means the interest rate or rates established pursuant to Section 2.02(c) hereof and borne by the Bonds then Outstanding from and including each Remarketing Date to, but not including, the next succeeding Remarketing Date or the final Maturity Date of the Bonds, as applicable. "Residual Fund"means the Residual Fund created in Section 5.01 hereof. "Senior Lender"means Merchants Capital Corp., and its successors and assigns. "Special Funds" means, collectively, the Bond Fund, the Assignment Fund and the Project Fund and any accounts therein all as created in this Indenture. - 14 -