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<br />-12- <br />payment pursuant to Section 34183(a)(2) of the Law; or (b) secured by a pledge of or lien upon <br />the Tax Revenues which is subordinate to (i) the pledge of and lien upon the Tax Revenues <br />hereunder for the security of the Bonds, (ii) the Successor Agency’s obligation to pay 2018 Policy <br />Costs to the 2018 Reserve Insurer pursuant to Section 4.04(a) hereof, and (iii) the Successor <br />Agency’s obligation to reimburse the provider of a letter of credit, surety bond or similar instrument <br />for the debt service reserve account for any Parity Debt. <br /> <br />“Successor Agency” means the Successor Agency to the Redevelopment Agency of the <br />City of San Leandro, a public entity duly organized and existing under the Law. <br /> <br />“Supplemental Indenture” means any resolution, agreement or other instrument which has <br />been duly adopted or entered into by the Successor Agency, but only if and to the extent that <br />such Supplemental Indenture is specifically authorized hereunder. <br /> <br />“Tax Revenues” means all taxes that were eligible for allocation to the Former Agency <br />with respect to the Project Area and are allocated, or are available to be allocated, to the <br />Successor Agency pursuant to Article 6 of Chapter 6 (commencing with Section 33670) of the <br />Law and Section 16 of Article XVI of the Constitution of the State, or pursuant to other applicable <br />State laws and that are deposited in the Redevelopment Property Tax Trust Fund and transferred <br />to the Successor Agency for deposit into the Redevelopment Obligation Retirement Fund, <br />excluding (i) amounts payable pursuant to the Pass-Through Agreements, except and to the <br />extent that any amounts so payable are payable on a basis subordinate to the payment of debt <br />service on the Bonds, (ii) amounts required to be paid to taxing entities pursuant to Sections <br />33607.5, 33607.7, and 33676 of the Law unless such payments are subordinated to payments on <br />the 2018 Bonds or any additional Bonds or to the payments owed under any Parity Debt <br />Instrument pursuant to Section 33607.5(e) of the Law and 34177.5(c) of the Dissolution Act, (iii) <br />amounts, if any, payable under the [Development Agreement, but only if the Successor Agency <br />is not in compliance with the second paragraph of Section 5.04], and (vi) amounts payable to the <br />County of Alameda, or required to be spent within that portion of the Project Area outside of the <br />City limits, pursuant to the Project Area Agreement. <br /> <br />“Term Bonds” means, collectively, (i) the 2018 Bonds maturing on September 1, 20__, <br />and (ii) any Parity Debt issued pursuant to a Supplemental Indenture pursuant to Section 7.01(e) <br />and payable from amounts in the Sinking Account established pursuant to Section 4.03(c). <br /> <br />“Trustee” means U.S. Bank National Association, as trustee hereunder, or any successor <br />thereto appointed as trustee hereunder in accordance with the provisions of Article VI. <br /> <br />“Written Request of the Successor Agency” or “Written Certificate of the Successor <br />Agency” means a request or certificate, in writing signed by the Mayor, the City Manager or the <br />Finance Director of the City, on behalf of the Successor Agency or by any other officer of the <br />Successor Agency duly authorized by the Successor Agency for that purpose. <br /> <br />“2008 Bonds” means the Redevelopment Agency of the City of San Leandro Alameda <br />County - City of San Leandro Redevelopment Project Tax Allocation Bonds, Series 2008, in the <br />initial principal amount of $27,530,000, issued by the Former Agency. <br /> <br />“2008 Bonds Refunding Fund” means the fund by that name established in Section 3.04 <br />hereof. <br /> <br />438