RES 87418 - Laserfiche WebLink

Event of Default The term "Event of Default" shall have the meaning specified in Section 7.01. Facility Lease The term "Facility Lease" means that certain lease, entitled "Facility Lease (Capital Projects I and II)," by and between the Corporation and the City, dated as of October 1, 1987, which lease or a memorandum thereof was recorded in the office of the County Recorder of the County of Alameda on , 1987 under Recorder's Serial No. , as originally ~ecuted and recorded or as it may from time to time be supplemented, modified or amended pursuant to the provisions hereof and thereof. Financial Newspaper The term "Financial Newspaper" means The Wall Street Journal or The Bond Buyer, or any other newspaper or journal publishing financial news and selected by the Trustee that is printed in the English language, is customarily published on each business day and is circulated in San Francisco, California. Inspectors' Certificate The term "Inspectors' Certificate" means a certificate signed by the Engineers or by another duly authorized construction inspector or inspectors subsequently retained to inspect the construction of Capital Project I, with the approval of the City Engineer of the City or his duly authorized representative endorsed thereon. Interest Fund The term "Interest Fund" means the fund by that name established in Section 5.02. Opinion of Counsel The term "Opinion of Counsel" means a written opinion of counsel of recognized national standing in the field of law relating to municipal bonds, appointed and paid by the City or the Corporation and satisfactory to and approved by the Trustee (who shall be under no liability by reason of such approval). 6 1451S