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"Alameda County -City of San Leandro Project Area Tax Revenues" means all taxes pledged and annually allocated within the Plan Limit relating to the Alameda County - City of San Leandro Project Area, following the Closing Date, and paid to the Agency with respect to the Alameda County -City of San Leandro Project Area pursuant to Article 6 of Chapter 6 (commencing with Section 33670) of the Redevelopment Law and Section 16 of Article XVI of the Constitution of the State, or pursuant to other applicable State laws, and as provided in the Alameda County -City of San Leandro Redevelopment Plan, and all payments, subventions and reimbursements, if any, to the Agency specifically attributable to ad valorem taxes lost by reason of tax exemptions and tax rate limitations, but excluding (i) amounts payable by the State to the Agency under and pursuant to Chapter 1.5 of Part 1 of Division 4 of Title 2 (commencing with Section 16110) of the California Government Code, and (ii) amounts payable to the County of Alameda, or required to be spent within that portion of the Alameda County -City of San Leandro Project Area outside of the City limits, pursuant to the Alameda County -City of San Leandro Project Area Agreement. "Alameda County - City of San Leandro Redevelopment Plan" means the redevelopment plan for the Alameda County -City of San Leandro Redevelopment Project of the Agency in San Leandro, California, titled "Redevelopment Plan for the Alameda County - City of San Leandro Redevelopment Project" adopted and approved by Ordinance No. 93-12, adopted by the Council of the City of San Leandro, California on July 12, 1993, as heretofore amended and together with all amendments thereto hereafter made in accordance with the Law. "Alameda County -City of San Leandro Redevelopment Project" means the Alameda County -City of San Leandro Redevelopment Project as described in the Alameda County -City of San Leandro Redevelopment Plan. "Annual Debt Service" means, for each Bond Year, the sum of (a) the interest payable on the Outstanding Bonds in such Bond Year, assuming that the Outstanding Serial Bonds are retired as scheduled and that the Outstanding Term Bonds are redeemed from mandatory sinking account payments as scheduled, (b) the principal amount of the Outstanding Serial Bonds payable by their terms in such Bond Year, (c) the principal amount of the Outstanding Term Bonds scheduled to be paid or redeemed from mandatory sinking account payments in such Bond Year, and (d) the debt service payable on Parity Debt in such Bond Year. For purposes of such calculation, there shall be excluded debt service payments with respect to the Bonds or any Parity Debt (i) to the extent that amounts due with respect to the Bonds or such Parity Debt are prepaid or otherwise discharged in accordance with this Indenture or the relevant Parity Debt Instrument or (ii) to the extent the proceeds thereof are then deposited in an escrow fund in which amounts are invested in Permitted Investments and from which moneys may not be released to the Agency unless the amount of Housing Tax Revenues for the current Fiscal Year (as evidenced in the written records of the County) plus Additional Revenues at least meets the requirements of Section 3.05(b). "Bonds" means the Series 2010 Bonds and any Parity Debt issued as bonds pursuant to a Supplemental Indenture. "Bond Counsel" means (a) Jones Hall, A Professional Law Corporation, or (b) any other attorney or firm of attorneys appointed by or acceptable to the Agency, of nationally- recognized experience in the issuance of obligations the interest on which is excludable from gross income for federal income tax purposes under the Code. 4