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1 1 I <br /> "Advance for Value" means a receipt of funds by the City under the Agreement <br /> and relative to the Note which is a loan advance on a�d partial purchase price II <br /> consideration for the Note, to be evidenced as provided in the Note form. <br /> "Agreement" means the agreement to be executed by the City and providing for <br /> the advance of funds to the City to defray the necessary ex�enses of the City for its <br />, corporate purposes. <br /> "City" means the City of Decatur, Macon County, IllinQis. <br /> "Council" means the Council of the City. li <br /> "Director of Financial Management" means th� Director of Financial <br /> Management of the City. <br /> "Code" means the Internal Revenue Code of 1986, as a#nended. <br /> "Designated Officer" means the Mayor, City Manager, Director of Financial <br /> Management or any other office or employee of the City s4 designated by a written <br /> instrument signed by the Mayor or the Director of Financial Ma�nagement. <br /> "Face Amount" means the authorized maximum amour�t of the Note, as stated on <br /> its face. <br /> "Fixed Rate Note" means a Note bearing interest at a fixed rate percent per <br /> annum. <br /> "Floating Rate Note" means a Note bearing interest at a rate percent per annum <br /> which is subject to change from time to time, payable from ti e to time, and subject to <br /> various options for payment by the owners thereof, as more fully provided for in the <br /> Agreement. <br /> "Maturiry Date" means the date on which the princip 1 of the Note is due and <br /> owing under the Agreement. <br /> -3- <br />