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• <br /> "Lease" means a Schedule and the terms of this Agreement which are incorporated <br /> by reference into such Schedule. Each Schedule shall constitute a separate and <br /> independent Lease. <br /> "Lease Proceeds° means, with respect to each Lease, the total amount of money to <br /> be paid by Lessor to the Acquisition Fund Custodian for deposit and application in <br /> accordance with such Lease and the Acquisition Fund Agreement. <br /> "Lease Term' for each Lease means the Original Term and all Renewal Terms <br /> therein provided and for this Agreement means the period from the date hereof until this <br /> Agreement Is terminated. <br /> "Lessee" means the entity referred to as Lessee in the first paragraph of this <br /> Agreement. <br /> "Lessor" means (a) the entity referred to as Lessor in the first paragraph of this <br /> Agreement or (b) any assignee or transferee of any right, title or interest of Lessor in and <br /> to the Equipment under a Lease or any Lease (including Rental Payments thereunder) <br /> pursuant to Section 11.01, but does not include any entity solely by reason of that entity <br /> retaining or assuming any obligation of Lessor to perform under a Lease. <br /> "Maximum Equipment Cost" means the amount specified in each Schedule. <br /> °Original Term° means the period from the Commencement Date for each Lease <br /> until the end of the fiscal year of Lessee in effect at such Commencement Date. <br /> "Purchase Price° means, with respect to the Equipment listed on a Lease, the amount <br /> that Lessee may pay to Lessor to purchase such Equipment as provided in such Lease. <br /> "Renewal Terms" means the renewal terms of each Lease, each having a duration of <br /> one year and a term coextensive with Lessee's fiscal year, as specified In the Schedule <br /> applicable thereto. <br /> "Rental Payments" means the basic rental payments payable by Lessee under each <br /> Lease pursuant to Section 4.01, in each case consisting of a principal component and an <br /> interest component. <br /> "Schedule means each separately numbered Schedule of Property substantially in <br /> the form of Exhibit B-1 hereto together with a Rental Payment Schedule attached thereto <br /> substantially in the form of Exhibit B-2 hereto. <br /> °State" means the State of California. <br /> "Utilization Period° means the date, with respect to each Lease not funded under an <br /> Acquisition Fund Agreement, by which Lessee must deliver an Acceptance Certificate for <br /> the Equipment under such Lease as indicated in Section 3.04(b). <br /> #219845v12(Gov't Entity Master Lease) 3 <br />