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ARTICLE 11 <br /> DEFINITIONS AND INTERPRETATIONS <br /> Section 2.1: Definitions. As used herein,the following terms shall have the meanings <br /> specified, unless the context clearly indicates otherwise: <br /> "Act" shall mean Texas Local Government Code, Chapter 271, Subchapter C, as <br /> amended. <br /> "Attorney General" shall mean the Attorney General of the State of Texas. <br /> "Certificate"or"Certificates" shall mean any or all of the City of La Porte, Texas, <br /> Certificates of Obligation, Series 2015, authorized by this Ordinance. <br /> "City- shall mean the City of La Porte, Texas, and,where appropriate, its City Council. <br /> "City Council" shall mean the governing body of the City. <br /> "Code" shall mean the Internal Revenue Code of 1986, as amended. <br /> "Comptroller" shall mean the Comptroller of Public Accounts of the State of Texas. <br /> "Debt Service Fund" shall mean the fund by that name created pursuant to Section 5.2 <br /> hereof. <br /> ..Fiscal Year" shall mean the City's then designated fiscal year,which currently is the <br /> twelve-month period beginning on the first day of October of a calendar year and ending on the <br /> last day of September of the next succeeding calendar year and each such period may be <br /> designated with the number of the calendar year in which such period ends. <br /> "Interest Payment Date,"when used in connection with any Certificate, shall mean <br /> March 15, 2016, and each September 15 and March 15 thereafter until maturity or earlier <br /> redemption of such Certificate. <br /> "Issuance Date" shall mean the date on which the Certificates are delivered to and paid <br /> for by the Purchaser. <br /> "Ordinance" shall mean this Ordinance and all amendments hereof and supplements <br /> hereto. <br /> "Outstanding,"when used with reference to the Certificates, shall mean, as of a particular <br /> date, all Certificates theretofore and thereupon delivered pursuant to this Ordinance except: (a) <br /> any Certificates canceled by or on behalf of the City at or before such date; (b) any Certificates <br /> defeased pursuant to the defeasance provisions of this Ordinance or otherwise defeased as <br /> permitted by applicable law; and (c) any Certificates in lieu of or in substitution for which a <br /> replacement Certificate shall have been delivered pursuant to this Ordinance. <br /> 2 <br /> HOU:3589513.1 <br />