Ordinance No. 19551 - Laserfiche WebLink

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iii} scheduled to be payable within one year from the date of issuance of additional Short- Term/Demand Obligations pursuant to a commercial paper or other similar financing program and fib} the purchase price, payment or refinancing of which is additionally secured by a letter of credit, line or credit, standby purchase agreement, bond insurance, surety bond or other credit or liquidity facility. 1.2.42. "Special Purpose Facilities" refers to facilities subject to Net Rent Leases in accordance with Section 10. 1,2,43. "Special Purpose Obligations" means obligations issued pursuant to Section 10 hereaf. 1.2.44. "Series Ordinance" means an ordinance or resolution providing for the issuance of a series of Bonds hereunder. 1.2.45. "Subordinate Obligations" means obligations which have a lien on the Net Revenues which is inferior to the lien of the Bonds, and which are issued pursuant to Section 5.2,14,3 hereof. 1,2.4. "Supplemental Ordinance" means any ordinance or resalution amending or supplementing this Ordinance. "Supplemental Ordinance" includes Series Ordinances. 1.2.4'. "Trustee" means First Interstate Hank of Oregon, N,A,, and any successor as Trustee hereunder, 1.3, Rules of Construction. 1,3.1. Unless the context shall clearly indicate otherwise, in this. Ordinance: ~a} references to sections and other subdivisions are to sections and subdivisions of this Ordinance; tb} the terms "herein", "hereunder", "hereby", "hereto", "hereaf", and any similar terms. refer to this Ordinance and to this Ordinance as a whole and not to any particular section or subdivision hereof; and 4c} the term "heretofore" means before the time of effectiveness of this Ordinance and the term "hereafter" means after the time of effectiveness of this Ordinance. 1.3.2. Singular references include the plural, and plural references include the singular. Page 14 - Ordinance