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"Interest Payment Date" means (a) for each Bond, each Adjustment Date (including without limitation a proposed Conversion Date) therefor, (b) for any Bond in a Weekly Mode, the first Business Day of each calendar month, (c) for any Bond in an Adjustable Long Mode for any Rate Period which exceeds 366 days duration, each February 1 and August 1, (d) for any Bond in an Adjustable Long Mode, each Rate Change Date, (e) for any Bond in a Fixed Mode, each February 1 and August 1, commencing as provided in Section 603(g) hereof, (f) for any Pledged Bond, the date such Pledged Bond is remarketed pursuant to the Remarketing Agreement, (g) for each Bond, the Maturity thereof, (h) for any Bond bearing interest at a Weekly Rate or an Adjustable Long Rate, any Substitution Date, and (i) any Renewal Date on which the Bonds are subject to mandatory tender as provided in Section 503 hereof. "Interest Rate Cap Agreement" means the Interest Rate Cap Agreement between the Authority and First Chicago Capital Markets, Inc., dated as of June , 1994, as the same may be amended, supplemented or assigned from time to time, or any similar agreement as may be substituted therefor. "Lease" means the lease by the Authority to the Commission, dated as of November 1, 1993, as amended on June 3, 1994, and as further amended on June , 1994, as the same may be amended or supplemented, to the extent it relates to and is applicable to the Project (as defined herein, not as defined in the • Lease) . "LOC Interest Sub-account" means the separate sub- account in the Principal and Interest Account which is created and established therein pursuant to Section 402(a) hereof. "LOC Principal Sub-account" means the separate account in the Principal and Interest Account which is created and established therein pursuant to Section 402(a) hereof. "LOC Redemption Account" means the separate account in the Redemption Fund which is created and established therein pursuant to Section 407 hereof. "Maturity" means February 1, 2019, and, with respect to each Bond which has been assigned a specific mandatory Sinking Fund redemption date or maturity date pursuant to Section 510(e)(i) or (ii) hereof, means such mandatory Sinking Fund redemption date. "Maximum Rate" means 12% per annum. "Mode" means a Weekly Mode, Adjustable Long Mode or Fixed Mode. "Moody's" means Moody's Investors Service Inc., a corporation organized and existing under the laws of the State of • 9