1990 RES R-07-90 - Laserfiche WebLink

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(3) Bonds in lieu of or in substitution for which other Bonds shall have been authenticated and delivered by the Fiscal Agent pursuant to Section 8.02. "Owner" means the registered owner of any Outstanding Hond. "PrinciAal Pavment Date" means September 1 of each year, commencing on September 1, 1993. "Public Facilities" means the facilities as described in the "Facilities Report for Community Facilities District No. 89-2" on file in the office of the Clerk of the Legislative Body or as may hereafter be amended. "Rating Agencv" means Moody's Investors Service, Standard and Poor's Corporation, their successors and assigns, or, if such corporations shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, any other nationally recognized securities rating agency designated by the Community Facilities District. "Record Date" means the fifteenth day of the month preceding an Interest Payment Date. "Reserve Fund Requirement" means, as of any date, an amount equal to ten percent (10�) of the original principal amount of each series of Honds of which any Bonds are then Outstanding. "Resolution" means this Resolution No. 89-2-1, as adopted on September 19, 1989, as amended on February 6, 1990 and as may be amended in accordance herewith. "Securities Depositaries" shall mean the following registered securities depositaries: The Depository Trust Company, 711 Stewart Avenue, Garden City, New York 11530, Fax - 516/227-4039 or 4190; Midwest Securities Trust Company, Capital Structures-Call Notification, 440 South LaSalle Street, Chicago, Illinois 60605, Fax - 312/663-2343; and Philadelphia Depository Trust Company, Reorganization Division, 1900 Market Street, Philadelphia, Pennsylvania 19103, Attention: Bond Department, Dex - 215/496-5058; or, in accordance with then-current guidelines of the Securities and Exchange Commission, such other securities depositories, or no such depositories, as an Authorized Representative may designate in a certificate delivered to the Fiscal Agent. "Serial Bond Payment Account" means the account by that name as described in Section 3.02(B)(2). Q�