Common use of Terms of Bonds Clause in Contracts

Terms of Bonds. The Bonds shall be in substantially the form set forth in Exhibit A hereto with necessary or appropriate variations, omissions and insertions as permitted or required by this Indenture, including any Supplemental Indenture. The Bonds shall be issuable only as fully registered Bonds, without coupons, in the form of a single Bond for each series of the Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall be, on the Closing Date, an amount equal to the Initial Disbursement). The Bonds shall be dated the Closing Date and shall be subject to redemption prior to maturity as provided in Article IV. The Series A-1 Bonds shall mature on 1, , and the Series A-2 Bonds shall mature on 1, . Interest shall be paid on the Outstanding principal amount of the Series A-1 Bonds, from the Closing Date until the maturity date of the Series A-1 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-1 during such period, calculated on such basis as is provided in Note A-1. Interest shall be paid on the Outstanding principal amount of the Series A-2 Bonds, from the Closing Date until the maturity date of the Series A-2 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-2 during such period, calculated on such basis as is provided in Note A-2. Each Bond shall bear interest from the date to which interest has been paid on the Bonds next preceding the date of its authentication, unless it is authenticated as of an Interest Payment Date for which interest has been paid, in which event it shall bear interest from such Interest Payment Date, or unless it is authenticated on or before the first Interest Payment Date, in which event it shall bear interest from the Closing Date. The payment or prepayment of principal of and interest or premium, if any, on the Series A-1 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-1, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-1 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-1 Bonds. The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-2 Bonds. Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit of the Bondowner Representative and shall be retained by the Bondowner Representative for its own account.

Terms of Bonds. (a) The Bonds shall be designated “County of Orange Reassessment Xxxxxxxx Xx. 00- 0X (Xxxxxxx Xxxxx Xxxxx IV) Limited Obligation Improvement Refunding Bonds,” and shall be secured by and payable from the Reassessments and other assets pledged hereunder. The aggregate principal amount of Bonds that may be issued and Outstanding under this Indenture shall not exceed $ , except as may be otherwise provided in substantially the form set forth in Exhibit A hereto with necessary or appropriate variations, omissions and insertions as permitted or required by this Indenture, including any Supplemental Indenture. Section 2.07. (b) The Bonds shall be issuable only as issued in fully registered Bonds, form without coupons, coupons in the form denominations of a single $5,000 or any integral multiple thereof. No Bond for each series of the Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall be, on the Closing Date, an amount equal to the Initial Disbursement)have more than one maturity date. The Bonds shall be dated as of the Closing Date and Dated Date, shall be subject to redemption prior to maturity as provided issued in Article IV. The Series A-1 Bonds the aggregate principal amount of $ , shall mature on 1, , September 2 of each year and shall bear interest (calculated on the Series A-2 basis of a 360-day year comprised of twelve 30-day months) at the rates per annum set forth below: Year (September 2) Principal Interest Rate (c) Interest on the Bonds shall mature on 1, . Interest shall be paid on the Outstanding principal amount of the Series A-1 Bonds, payable from the Closing Date until the maturity date of the Series A-1 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-1 during such period, calculated on such basis as is provided in Note A-1. Interest shall be paid on the Outstanding principal amount of the Series A-2 Bonds, from the Closing Date until the maturity date of the Series A-2 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-2 during such period, calculated on such basis as is provided in Note A-2. Each Bond shall bear interest from the date to which interest has been paid on the Bonds next preceding the date of its authentication, authentication thereof unless it (i) a Bond is authenticated as of on or before an Interest Payment Date for which interest has been paidand after the close of business on the preceding Record Date, in which event it shall bear interest from such Interest Payment Date, or unless it (ii) a Bond is authenticated on or before the first Interest Payment Record Date, in which event it interest thereon shall bear interest be payable from the Closing Dated Date, or (iii) interest on any Bond is in default as of the date of authentication thereof, in which event interest thereon shall be payable from the date to which interest has been paid in full, payable on each Interest Payment Date. Interest shall be paid in lawful money of the United States on each Interest Payment Date to the Persons in whose names the ownership of the Bonds is registered on the Registration Books at the close of business on the immediately preceding Record Date, except as provided below. Interest on any Bond which is not punctually paid or duly provided for on any Interest Payment Date shall be payable to the Person in whose name the ownership of such Bond is registered on the Registration Books at the close of business on a special Record Date to be established by the Trustee for the payment of such defaulted interest to be fixed by the Trustee, notice of which shall be given to such Owner not less than ten days prior to such special Record Date. Interest shall be paid by check of the Trustee mailed by first class mail, postage prepaid, on each Interest Payment Date to the Bond Owners at their respective addresses shown on the Registration Books as of the close of business on the preceding Record Date, except that in the case of an Owner of $1,000,000 or more in aggregate principal amount of Bonds, upon the written request of such Owner to the Trustee, received at least ten days prior to a Record Date, specifying the account or accounts to which such payment shall be made, payment of interest shall be made by wire transfer of immediately available funds on the following Interest Payment Date. (d) The payment or prepayment of principal of and interest or premium, if any, on the Series A-1 Bonds shall be identical with payable in lawful money of the United States of America upon presentation and shall be made on surrender thereof upon maturity or earlier redemption at the same terms and conditions as Office of the Trustee. Payment of principal of and interest or premium, if any, on Note A-1, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-1 any Bond shall be deemed to be like payments or prepayments made only upon presentation and surrender of principal and interest or premium, if any, on such Bond at the Series A-1 Bonds. Office of the Trustee. (e) The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical with and subject to redemption as provided in Article IV. (f) The Bonds shall be made on in substantially the same terms form set forth in Exhibit A hereto, with appropriate or necessary insertions, omissions and conditions variations as the principal of and interest permitted or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-2 Bonds. Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit of the Bondowner Representative and shall be retained by the Bondowner Representative for its own accountrequired hereby.

Terms of Bonds. (a) The Bonds shall be dated as of [June] 1, 2019, and shall bear interest at the Pass-Through Rate in substantially the form amounts as accrued and for the periods interest is paid (except as described below in connection with a redemption of Bonds under Section 3.01(c)) pursuant to the terms of the Pass-Through Certificate, payable on each Payment Date, and shall mature (subject to prior redemption as herein set forth forth) on the Maturity Date. Interest shall be calculated on the basis of Actual/360. The payment of interest on a Payment Date is the interest accrued during the preceding calendar month. There shall be no further accrual of interest on the Bonds during the period from the Maturity Date to the Final Payment Date. Notwithstanding anything herein to the contrary, on and after the Purchase Date, the principal, interest and premium, if any, payable on the Bonds will be calculated, except with respect to interest payable on the Bonds if redeemed pursuant to Section 3.01(c) hereof, at the same rate and for the same periods as interest, principal and premium, if any, payable on the Pass-Through Certificate, and will be paid, except with respect to interest payable on the Bonds if redeemed pursuant to Section 3.01(c) hereof (which will be paid on the Mandatory Redemption Date), one Business Day following receipt by the Trustee pursuant to the Pass-Through Certificate. (b) The Bonds shall be issued as registered bonds without coupons in Exhibit A hereto with necessary the denominations of $1,000.00 or appropriate variations, omissions and insertions as permitted or required by this Indenture, including any Supplemental Indentureintegral multiples of $1.00 in excess thereof. The Bonds shall be issuable only as fully registered Bonds, without coupons, in the form of a single Bond lettered “R” and shall be numbered separately from “1” consecutively upwards except for each series of the Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall be, on the Closing Date, an amount equal to the Initial Disbursement)Bond which shall be numbered I-1. The Bonds shall be dated issued initially as Book Entry Bonds. (c) Payment of the Closing principal of and interest or premium, if any, on any Bond shall be made on each Payment Date to the person appearing on the Bond Register as the registered owner thereof as of the applicable Record Date at the Pass-Through Rate. The principal of and the interest on the Bonds shall be payable in coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts of the United States of America. Unless the Bonds are Book Entry Bonds, the principal of the Bonds shall be payable to the registered owners thereof upon presentation (except in connection with a redemption of Bonds pursuant to Section 3.01(b) hereof) at the designated corporate trust office of the Trustee or its successors. Unless the Bonds are Book Entry Bonds, payments of interest on the Bonds and redemption of the Bonds pursuant to Section 3.01(b) hereof shall be paid by check mailed to the registered owner thereof at such owner’s address as it appears on the registration books maintained by the Trustee on the applicable Record Date or at such other address as is furnished to the Trustee in writing by such owner. The Trustee shall cause CUSIP number identification with appropriate dollar amounts for each CUSIP number to accompany all payments of interest, principal or Redemption Price made to such owners, whether such payment is made by check or wire transfer. All payments of principal of and interest on Book Entry Bonds shall be made and given at the times and in the manner set out in the Representation Letter, as more fully specified in Sections 2.11 and 2.12 hereof. (d) The Bonds shall be subject to redemption prior to maturity as provided in Article IV. III. (e) The Series A-1 Bonds shall mature on 1, , and the Series A-2 Bonds shall mature on 1, . Interest date of authentication of each Bond shall be paid on the Outstanding principal amount of the Series A-1 Bondsdate such Bond is registered. (f) The Initial Bond, from the Closing Date until the maturity date of the Series A-1 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-1 during such period, calculated on such basis as is provided in Note A-1. Interest which shall be paid on numbered I-1 and payable to Cede & Co as Nominee for the Outstanding principal amount of Depository and registered by the Series A-2 BondsComptroller, from the Closing Date until the maturity date of the Series A-2 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-2 during such period, calculated on such basis as is provided in Note A-2. Each Bond shall bear interest from the date to which interest has been paid on the Bonds next preceding the date of its authentication, unless it is authenticated as of an Interest Payment Date for which interest has been paid, in which event it shall bear interest from such Interest Payment Date, or unless it is authenticated on or before the first Interest Payment Date, in which event it shall bear interest from the Closing Date. The payment or prepayment of principal of and interest or premium, if any, on the Series A-1 Bonds shall be identical with to the form of Bond attached as Exhibit A, except that the second-to-last paragraph of the Initial Bond shall read as follows: “This Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit or security under the Indenture unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature.” In lieu of the authentication certificate of the Trustee, the Initial Bond shall contain the following certificate: OFFICE OF THE COMPTROLLER § OF PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Bond has been examined, certified as to validity and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-1, as determined in accordance with the Loan Agreement. Any payment or prepayment made approved by the Borrower Attorney General of principal the State of Texas, and interest or premium, if any, on Note A-1 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-1 Bonds. The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made duly registered by the Borrower Texas Comptroller of principal Public Accounts. Witness my signature and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments seal of principal and interest or premium, if any, on the Series A-2 Bondsoffice this . Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date Comptroller of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit Public Accounts of the Bondowner Representative and shall State of Texas (SEAL)” The provisions of Exhibit A may be retained by rearranged or re-ordered for purposes of the Bondowner Representative for its own accountInitial Bond.

Terms of Bonds. The Bonds shall be in substantially the form set forth in Exhibit A hereto with necessary or appropriate variations, omissions and insertions as permitted or required by this Indenture, including any Supplemental Indenture. The Bonds shall be issuable only as fully registered Bonds, without coupons, in the form of a single Bond for each series of the Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall be, on the Closing Date, an amount equal to the Initial Disbursement). The Bonds shall be dated the Closing Date and shall be subject to redemption prior to maturity as provided in Article IV. The Series A-1 Bonds Date, shall mature on 1, the dates and in the amounts, and shall bear interest (calculated on the Series A-2 basis of a 360- day year of twelve 30-day months) at the rates, as follows: Maturity Date (November 1) Principal Amount Interest Rate Per Annum Maturity Date (November 1) Principal Amount Interest Rate Per Annum * Insured Bonds The Bonds shall mature on 1be delivered in fully registered form, numbered from one upwards in consecutive numerical order (with such alphabetical prefix as the Trustee shall determine). Interest The Bonds shall be paid on executed and delivered in the Outstanding principal amount denominations of the Series A-1 Bonds, from the Closing Date until the maturity date of the Series A-1 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-1 during such period, calculated on such basis as is provided in Note A-1. Interest shall be paid on the Outstanding principal amount of the Series A-2 Bonds, from the Closing Date until the maturity date of the Series A-2 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-2 during such period, calculated on such basis as is provided in Note A-2$5,000 and any integral multiple thereof. Each Bond shall bear interest from the date to which interest has been paid on the Bonds Interest Payment Date next preceding the date of its authenticationauthentication thereof, unless (i) it is authenticated as of during the period from the day after the Record Date for an Interest Payment Date for which interest has been paidto and including such Interest Payment Date, in which event it shall bear interest from such Interest Payment Date, or unless (ii) it is authenticated on or before prior to the Record Date for the first Interest Payment Date, in which event it shall bear interest from its dated date; provided, however, that if, at the Closing time of registration of any Bond, interest with respect to such Bond is in default, such Bond shall bear interest from the Interest Payment Date to which interest has been paid or made available for payment with respect to such Bond. Interest with respect to any Bond shall be payable in lawful money of the United States of America on each Interest Payment Date to the Owner thereof as of the close of business on the Record Date. Subject to Section 2.11, interest on the Bonds shall be paid by check or draft of the Trustee, mailed by first class mail no later than the Interest Payment Date to the Owner at such Owner’s address as it appears, on such Record Date, on the Registration Books maintained by the Trustee; provided, however, that at the written request of the Owner of at least $1,000,000 in aggregate principal amount of Outstanding Bonds filed with the Trustee prior to any Record Date, interest on such Bonds shall be paid to such Owner on each succeeding Interest Payment Date (unless such request has been revoked in writing) by wire transfer of immediately available funds to an account in the United States designated in such written request. Payments of defaulted interest with respect to the Bonds shall be paid by check or draft to the Owners as of a special record date to be fixed by the Trustee, notice of which special record date shall be given to the Owners of the Bonds not less than ten days prior thereto. The payment or prepayment of principal of and interest or premium, if any, on the Series A-1 Bonds shall be identical with and shall be made on are payable by check when due upon surrender thereof at the same terms and conditions as the principal of and interest or premium, if any, on Note A-1, as determined Trust Office in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-1 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-1 Bonds. The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-2 Bonds. Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit lawful money of the Bondowner Representative and shall be retained by the Bondowner Representative for its own accountUnited States of America.

Terms of Bonds. (a) The Bonds shall be designated “Anaheim Public Financing Authority Lease Revenue Bonds (Convention Center Refunding), Series 2021A (Federally Taxable).” The aggregate principal amount of Bonds that may be issued and Outstanding under this Indenture shall not exceed $ , except as may be otherwise provided in Section 2.08 hereof. The Bonds shall be issued in fully registered form without coupons in Authorized Denominations, so long as no Bond shall have more than one maturity date. The Bonds shall be dated as of the Closing Date, shall be issued in the aggregate principal amount of $ , shall mature on July 1 of each year, shall bear interest at the rates per annum (calculated on the basis of a 360-day year comprised of twelve 30-day months) and shall be in the principal amounts as follows: Maturity Date (July 1) Principal Amount Interest Rate (b) Interest on the Bonds shall be payable from the Interest Payment Date next preceding the date of authentication thereof unless (i) a Bond is authenticated on or before an Interest Payment Date and after the close of business on the preceding Record Date, in which event interest thereon shall be payable from such Interest Payment Date, (ii) a Bond is authenticated on or before the first Record Date, in which event interest thereon shall be payable from the Closing Date, or (iii) interest on any Bond is in default as of the date of authentication thereof, in which event interest thereon shall be payable from the date to which interest has previously been paid or duly provided for. Interest shall be paid in lawful money of the United States on each Interest Payment Date. Interest shall be paid by check of the Trustee mailed by first-class mail, postage prepaid, on each Interest Payment Date to the Owners of the Bonds at their respective addresses shown on the Registration Books as of the close of business on the preceding Record Date, or by wire transfer at the written request of an Owner of not less than $1,000,000 aggregate principal amount of Bonds, which written request is received by the Trustee on or prior to the Record Date. Notwithstanding the foregoing, interest on any Bond that is not punctually paid or duly provided for on any Interest Payment Date shall, if and to the extent that amounts subsequently become available therefor, be paid on a payment date established by the Trustee to the Person in whose name the ownership of such Bond is registered on the Registration Books at the close of business on a special record date to be established by the Trustee for the payment of such defaulted interest, notice of which shall be given to such Owner not less than ten days prior to such special record date. (c) The principal of and premium, if any, on the Bonds shall be payable in lawful money of the United States of America upon presentation and surrender thereof upon maturity or earlier redemption at the Office of the Trustee. (d) The Bonds shall be in substantially the form set forth in Exhibit A hereto B hereto, with appropriate or necessary or appropriate variationsinsertions, omissions and insertions variations as permitted or required by this Indenture, including any Supplemental Indenture. The Bonds shall be issuable only as fully registered Bonds, without coupons, in the form of a single Bond for each series of the Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall be, on the Closing Date, an amount equal to the Initial Disbursement). The Bonds shall be dated the Closing Date and shall be subject to redemption prior to maturity as provided in Article IV. The Series A-1 Bonds shall mature on 1, , and the Series A-2 Bonds shall mature on 1, . Interest shall be paid on the Outstanding principal amount of the Series A-1 Bonds, from the Closing Date until the maturity date of the Series A-1 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-1 during such period, calculated on such basis as is provided in Note A-1. Interest shall be paid on the Outstanding principal amount of the Series A-2 Bonds, from the Closing Date until the maturity date of the Series A-2 Bonds, on each Interest Payment Date occurring during such period, at the rate of interest per annum payable on Note A-2 during such period, calculated on such basis as is provided in Note A-2. Each Bond shall bear interest from the date to which interest has been paid on the Bonds next preceding the date of its authentication, unless it is authenticated as of an Interest Payment Date for which interest has been paid, in which event it shall bear interest from such Interest Payment Date, or unless it is authenticated on or before the first Interest Payment Date, in which event it shall bear interest from the Closing Date. The payment or prepayment of principal of and interest or premium, if any, on the Series A-1 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-1, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-1 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-1 Bonds. The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical with and shall be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-2 Bonds. Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit of the Bondowner Representative and shall be retained by the Bondowner Representative for its own accounthereby.

Terms of Bonds. (a) The 2015D Bonds shall be in substantially the form set forth in Exhibit A hereto with necessary or appropriate variations, omissions and insertions as permitted or required by this Indenture, including any Supplemental Indenture. The Bonds shall be issuable only as fully registered Bonds, without coupons, issued in the form of a single Bond for each series of the fully registered Bonds in the principal amount equal to the aggregate of the purchase price of the respective series of the Bonds advanced from time to time by the owner(s) of the Bonds (which principal amounts shall beAuthorized Denominations, on the Closing Date, an amount equal to the Initial Disbursement). The Bonds shall be dated the Closing Date and shall be subject to redemption prior to maturity as provided in Article IV. The Series A-1 Bonds date of issuance thereof, shall mature on 1, , July 1 in the years and in the Series A-2 Bonds Principal Amounts and shall mature on 1, . Interest shall be paid bear interest (calculated on the Outstanding principal amount basis of the Series A-1 Bonds, from the Closing Date until the maturity date a 360-day year comprised of the Series A-1 Bonds, twelve 30-day months) payable on each Interest Payment Date occurring during such periodDate, commencing _ 1, 2016, at the rate of interest rates per annum payable as follows: Maturity Date (July 1) Principal Amount Interest Rate (b) The 2015E Bonds shall be issued in the form of fully registered 2015E Bonds in Authorized Denominations, shall be dated the date of issuance thereof, shall mature on Note A-1 during such period, July 1 in the years and in the Principal Amounts and shall bear interest (calculated on such the basis as is provided in Note A-1. Interest shall be paid on the Outstanding principal amount of the Series A-2 Bonds, from the Closing Date until the maturity date a 360- day year comprised of the Series A-2 Bonds, twelve 30-day months) payable on each Interest Payment Date occurring during such periodDate, commencing 1, 2016, at the rate of interest rates per annum payable as follows: Maturity Date (July 1) Principal Amount Interest Rate (c) The 2015F Bonds shall be issued in the form of fully registered 2015F Bonds in Authorized Denominations, shall be dated the date of issuance thereof, shall mature on Note A-2 during such period, calculated on such basis as is provided July 1 in Note A-2. Each Bond the years and in the Principal Amounts and shall bear interest from (calculated on the basis of a 360- day year comprised of twelve 30-day months) payable on each Interest Payment Date, commencing 1, 2016, at the rates per annum as follows: Maturity Date (July 1) Principal Amount Interest Rate (d) The 2015G Bonds shall be issued in the form of fully registered 2015G Bonds in Authorized Denominations, shall be dated the date to which of issuance thereof, shall mature on July 1 in the years and in the Principal Amounts and shall bear interest has been paid (calculated on the basis of a 360- day year comprised of twelve 30-day months) payable on each Interest Payment Date, commencing 1, 2016, at the rates per annum as follows: Maturity Date (July 1) Principal Amount Interest Rate (e) Interest on the Bonds shall be payable to the Owner thereof from the Interest Payment Date next preceding the date of its authentication, authentication thereof unless it (i) a Bond is authenticated as of on or before an Interest Payment Date for which interest has been paidand after the close of business on the preceding Record Date, in which event it shall bear interest from such Interest Payment Date, or unless it (ii) a Bond is authenticated on or before the first Interest Payment Record Date, in which event it interest thereon shall bear interest be payable from the Closing dated date thereof, or (iii) interest on any Bond is in default as of the date of authentication thereof, in which event interest thereon shall be payable from the date to which interest has been paid in full. Interest shall be paid in lawful money of the United States on each Interest Payment Date to the Persons in whose names the ownership of the Bonds is registered on the Registration Books at the close of business on the immediately preceding Record Date, except as provided below. Interest shall be paid by check of the Paying Agent mailed by first class mail, postage prepaid, on each Interest Payment Date to the Owners of Bonds at their respective addresses shown on the Registration Books as of the close of business on the preceding Record Date, except that the payment shall be made by wire transfer of immediately available funds to any Owner of at least $1,000,000 of outstanding Bonds who shall have requested in writing such method of payment of interest prior to the close of business on the Record Date immediately preceding any Interest Payment Date. (f) The payment or prepayment of principal of and interest or premium, if any, on of the Series A-1 Bonds shall be identical with payable in lawful money of the United States of America upon presentation and surrender thereof upon maturity at the Office of the Paying Agent. (g) The Bonds shall not be made on the same terms and conditions as the principal of and interest or premium, if any, on Note A-1, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-1 shall be deemed subject to be like payments or prepayments of principal and interest or premium, if any, on the Series A-1 Bonds. redemption prior to their stated maturity dates. (h) The payment or prepayment of principal of and interest or premium, if any, on the Series A-2 Bonds shall be identical in substantially the form set forth in Exhibit A hereto, with appropriate or necessary insertions, omissions and shall be made on the same terms and conditions variations as the principal of and interest permitted or premium, if any, on Note A-2, as determined in accordance with the Loan Agreement. Any payment or prepayment made by the Borrower of principal and interest or premium, if any, on Note A-2 shall be deemed to be like payments or prepayments of principal and interest or premium, if any, on the Series A-2 Bonds. Payments or prepayments actually made by the Borrower to the Bondowner Representative shall be deemed to have been constructively received by the Holder as payments or prepayments on the Bonds on the date of receipt of such payments by the Bondowner Representative, and interest with respect to each principal payment or prepayment shall cease to accrue upon receipt of such payment by the Bondowner Representative. Payments or prepayments of principal, interest or premium, if any, shall be remitted immediately by the Bondowner Representative to the Holder. The Issuer hereby acknowledges that the Borrower is obligated to pay late fees, loan related fees and other charges (including, without limitation, late charges, default interest and prepayment penalties) under the Notes (and as otherwise provided in the Loan Agreement and the Disbursement Agreement) to the Bondowner Representative, which amounts are paid for the benefit of the Bondowner Representative and shall be retained by the Bondowner Representative for its own accountrequired hereby.