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Ordinance: this Ordinance of the City, which provides for the issuance and <br />delivery of the Bonds. <br /> <br /> Outstanding: as of any date of calculation, all Bonds theretofore execute.d, issued <br />and delivered by the City except: <br /> <br /> (1) Bonds theretofore cancelled by the City, Registrar or Paying <br /> Agent, or surrendered to the City, Registrar or Paying Agent for cancellation; <br /> <br /> (2) Bonds in lieu of or in substitution for which other Bonds shall have <br /> been executed, issued and delivered by the City and authenticated by the Registrar <br /> unless proof satisfactory to the Registrar is presented that any such Bonds are <br /> duly held by the lawful registered owners thereof; or <br /> <br /> (3) Bonds deemed to have been paid as provided in Section 18 hereof. <br /> <br /> Owner or registered owner: the registered owner of any Bond as shown on the <br />registration records kept by the Registrar. <br /> <br /> Paying Agent: The Finance Director of the City, or his or her successor, which <br />shall perform the functions of paying agent with respect to the Bonds. <br /> <br /> Person: any individual, firm, parmership, corporation, company, association, <br />joint-stock association or body politic; and the term includes any trustee, receiver, assignee or <br />other similar representative thereof. <br /> <br /> Preliminary Official Statement: the Preliminary Official Statement relating to the <br /> <br />Bonds. <br /> <br /> Purchaser: Purchaser of the Bonds as designated in the Sale Certificate. <br /> <br /> Record Date: the fifteenth day of the calendar month next preceding each interest <br />payment date for the Bonds (other than a special interest payment date hereafter fixed for the <br />payment of defaulted interest). <br /> <br /> Redemption Date: means January 15, 2003. <br /> <br /> Refunded Bond Requirements: the payment of: i) interest on the Refunded <br />Bonds both accrued and not accrued, as the same becomes due on the Redemption Date; ii) the <br /> <br /> <br />