O-2014-3515 2014 Series Bond Ordinance,Bond Purchase Agreement,receive Plan of Finance

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"DTC Participant" shall mean brokers and dealers, banks, trust companies, clearing corporations and certain other organizations on whose behalf DTC was created to hold securities to facilitate the clearance and settlement of securities transactions among DTC Participants. "Debt Service Fund" shall mean the General Obligation Refunding Bonds, Series 2014, Debt Service Fund established by the City and described in section 5.2 of this Ordinance. "Escrow Agent" shall mean The Bank of New York Mellon Trust Company, National Association, Dallas, Texas, and its successors in that capacity. "Escrow Agreement" shall mean the agreement between the City and the Escrow Agent relating to the deposit of funds to pay the Refunded Obligations. "Fiscal Year" shall mean the City's then designated fiscal year, which currently is the twelve-month period beginning on the first day of October of a calendar year and ending on the last day of September of the next succeeding calendar year and each such period may be designated with the number of the calendar year in which such period ends. "Interest Payment Date," when used in connection with any Bond, shall mean September 15, 2014, and each March 15 and September 15 thereafter until maturity or earlier redemption of such Bond, unless otherwise provided in the Officers' Pricing Certificate. "Issuance Date" shall mean the date of initial delivery of the Bonds to the Underwriters in exchange for payment of the purchase price therefor. "Officers' Pricing Certificate" shall mean a certificate signed by the Authorized Representatives and containing the information regarding the Bonds specified in Sections 3, 4 and 5 hereof and substantially in the form of Exhibit A hereto. "Ordinance" shall mean this Ordinance and all amendments hereof and supplements hereto. "Outstanding," when used with reference to the Bonds, shall mean, as of a particular date, all Bonds theretofore and thereupon delivered pursuant to this Ordinance except: (a) any Bonds canceled by or on behalf of the City at or before such date; (b) any Bonds defeased pursuant to the defeasance provisions of this Ordinance or otherwise defeased as permitted by applicable law; and (c) any Bonds in lieu of or in substitution for which a replacement Bond shall have been delivered pursuant to this Ordinance. "Paying Agent/Registrar" shall mean The Bank of New York Mellon Trust Company, National Association, Dallas, Texas, and its successors in that capacity. "Record Date" shall mean the close of business on the last business day of the calendar month immediately preceding the applicable Interest Payment Date. 3 HOU:3189356.1