RES 94045A - Laserfiche WebLink

which are rated (as of the date of the investment agreement and at all times during the term of such agreement) in the two (2) highest rating categories by Moody's and S&P; (v) repurchase agreements with any bank (including the Trustee), or primary dealer registered with Federal Reserve System fully secured by actually delivered collateral security described in clauses (i) or (ii) of [his definition valued monthly as having a market value at least equal to 102% of the amount so invested; (vi) [DESCRIPTION OF TROSTEE SWEEP FUND TO COME]; (vii) commercial paper or banker's acceptances rated A-l+/P-1 by S&P and Moody's; (viii) the Local Agency Investment Fund administered by the Treasurer of [he State of Califomia; (ix) the Pooled Money Fund, if any, administered by the County; and (x) shazes in a California common law trust established pursuant to Title 1, Division 7, Chapter 5 of the Government Code of the State which invests exclusively in investments permitted by Section 53635 of Title 5, Division 2, Chapter 4 of the Government Code of the State, as it may be amended. "Principal Amount," when used with respect to Lease Payments due under the Lease Agreement, means the total principal component of Lease Payments then unpaid. "Principal Office" means the main or principal office of the Trustee in San Francisco, California, for the conduct of its corporate trust business, presently located at the address provided in Exhibit B hereto. "Project" mean the various public improvements of the City described in Exhibit B-1 to the Lease Agreement. "Project Trust Fund" means the fund by that name established under and held by the Tmstee pursuant to Section 204 of the Trust Agreement. "Redemption Account" means [he fund by that name established under and held by the Trustee pursuant to Section 301 of the Trust Agreement. "Record Date" means the close of business on the fifteenth day of [he month preceding each Payment Date, whether or not such fifteenth day is a Business Day. "Reduced Reserve Requirement" has the meaning given to such term in Section 306(c) hereof. 94U69UIM.LAI