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<br />"Bondholder" or "Holder" or "holder of Bonds" or "Owner" or "owner of Bonds" whenever <br />used herein with respect to a Bond, means the person in whose name such Bond is registered. <br /> <br />"Bond Insurance" means the insurance policy of the Bond Insurer which insures payment of <br />the principal of and interest on the Bonds when due. <br /> <br />"Bond Insurance Premium" means the premiums payable to the Bond Insurer for the Bond <br />Insurance. <br /> <br />"Bond Insurer" means MBIA Insurance Corporation and any successors thereto. <br /> <br />"Bonds" means the Florida Municipal Loan Coun~il Revenue Bonds, Series 2002C issued <br />pursuant to Article IT of the Indenture. <br /> <br />"Bond Year" means a 12-month period beginning on 2 and ending on and <br />including the following 1, except for the first period which begins on <br />2002. <br /> <br />"Borrower" means the governmental unit which is described in the fIrst paragraph and on the <br />cover page ofthis Loan Agreement and which is borrowing and using the Loan proceeds to finance, <br />refinance and/or be reimbursed for, all or a portion ofthe costs of one or more Projects. <br /> <br />"Borrowers" means, collectively, the Borrower executing this Loan Agreement and the other <br />governmental units which have received loans from the Council made from proceeds ofthe Bonds. <br /> <br />"Business Day" means any day of the year which is not a Saturday or Sunday or a day on <br />which banking institutions located in New York City or the State are required or authorized to <br />remain closed or on which the New York Stock Exchange is closed. <br /> <br />"Certificate," "Statement," "Request," "Requisition" and "Order" of the Council mean, <br />respectively, a written certificate, statement, request, requisition or order signed in the name ofthe <br />Council by its Chairman, Program Administrator or such other person as may be designated and <br />authorized to sign for the Council. Any such instrument and supporting opinions or representations, <br />if any, may, but need not, be combined in a single instrument with any other instrument, opinion or <br />representation, and the two or more so combined shall be read and construed as a single instrument. <br /> <br />"Closing" means the closing of a Loan pursuant to the Indenture and this Agreement. <br /> <br />"Code" means the Internal Revenue Code of 1986, as amended, and the regulations <br />promulgated, proposed or applicable thereunder. <br />"Commencement Date" means the date when the term of this Agreement begins and the <br />obligation of the Borrower to make Loan Repayments accrues. <br /> <br />4 <br />