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Page 3750 as of 11:00 a.m. (London, England time) on the day two (2) Business Days <br /> before the commencement of such interest period. "Telerate Page 3750" means the <br /> display designated as "Page 3750" on the Dow Jones Telerate Service (or such other <br /> page as may replace Page 3750 on that service or such other service as may be nominated <br /> by the British Bankers' Association as the information vendor for the purpose of <br /> displaying British Bankers' Association Interest Settlement Rates for U.S. Dollar <br /> deposits). <br /> "Note" means the not to exceed $2,600,000 General Obligation Note (Olde <br /> Towne Redevelopment Project), Series 2005, authorized to be issued by this Ordinance. <br /> "Note Register" means the books of the City kept by the Note Reg-istrar to evi- <br /> dence the registration and transfer of the Note. <br /> "Note Registrar"means the Bank and successors ar assigns. <br /> "Ordinance"means this Ordinance, numbered as set forth on the title page hereof, <br /> and passed by the Council on the 17th day of October 2005. <br /> "PayingAgent"means the Bank and successors ar assigns. <br /> "Project" means the project as described and defined as such in the preambles to <br /> this Ordinance. <br /> `Project Fund" means the Project Fund as established and defined in Section 12 <br /> of this Ordinance. <br /> "Tax-exempt" means, with respect to the Note, the status of interest paid and <br /> received thereon as not includible in the gross income of the owners thereof under the <br /> Code for federal income tax purposes except to the extent that such interest will be taken <br /> into account in computing an adjustment used in determining the alternative minimum tax <br /> for certain corporations. <br /> -viir <br />