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“Prepayment Price” means the amount provided under the column titled “Prepayment
<br />Price” in the Payment Schedule minus the amount of any partial prepayment pursuant to Section
<br />10.01(c) paid prior to the date of prepayment pursuant to Section 10.01(a).
<br />“Prior Capital Projects Financing Agreements” means, collectively, (a) with respect to
<br />the 2007 COPs, (i) that certain Indenture of Trust, dated as of May 1, 2007, between U.S. Bank
<br />National Association, as trustee (the “Trustee”), and the San Leandro Public Financing
<br />Authority (the “Authority”), (ii) the Site and Facility Lease, dated as of May 1, 2007, between
<br />Lessee and the Authority, (iii) the Lease Agreement, dated as of May 1, 2007, between Lessee
<br />and the Authority and (iv) the Assignment Agreement, dated as of May 1, 2007, between the
<br />Authority and the Trustee and (b) with respect to the 2013 LRBs, (i) that certain Indenture of
<br />Trust, dated as of March 1, 2013, between the Trustee and the Authority, (ii) the Site and Facility
<br />Lease, dated as of March 1, 2013, between Lessee and the Authority, (iii) the Lease Agreement,
<br />dated as of March 1, 2013, between Lessee and the Authority and (iv) the Assignment
<br />Agreement, dated as of March 1, 2013, between the Authority and the Trustee, and, in each case,
<br />other agreements and documents related to the foregoing, all with respect to the financing or
<br />refinancing of certain projects as described therein on all or a portion of the real estate
<br />comprising Lessee’s City Hall and Main Library (as described on Exhibit A hereto), on which a
<br />portion of the Equipment is to be located.
<br />“Renewal Terms” means the consecutive renewal terms of this Agreement, the first of
<br />which commences immediately after the end of the Original Term and each having a duration
<br />and term coextensive with each successive fiscal year of Lessee; provided that the final such
<br />renewal term shall commence on the first day of the last such fiscal year and end on the first
<br />business day after the last scheduled Rental Payment Date.
<br />“Rental Payment Date” means each date on which Lessee is required to make a Rental
<br />Payment under this Agreement as specified in the Payment Schedule.
<br />“Rental Payments” means the basic rental payments payable by Lessee hereunder
<br />pursuant to Section 4.01, consisting of a principal component and an interest component.
<br />“Scheduled Term” means the Original Term and all Renewal Terms, with a final
<br />Renewal Term ending on [July 1, 2032].
<br />“State” means the State of California.
<br />“Taxable Rate” means an interest rate equal to the Contract Rate plus a rate sufficient
<br />such that the total interest to be paid on any payment date would, after such interest was reduced
<br />by the amount of any Federal, state or local income tax (including any interest, penalties or
<br />additions to tax) actually imposed thereon, equal the amount of interest otherwise due to Lessor.
<br />“2007 COPs” means the City of San Leandro 2007 Certificates of Participation (Library
<br />and Fire Stations Refunding Project), originally issued in the aggregate principal amount of
<br />$23,425,000.
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