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"Bond Registrar" means the Bond Registrar and Paying Agent. <br /> "Bond Registrar and Paying Agent Agreement" means the Bond Registrar and Paying <br /> Agent Agreement dated as of November l, 1999, by, between and among the Issuer, the <br /> Company and the Bond Registrar and Paying Agent. <br /> "Bond Resolution" means Resolution Number adopted by the City Council of <br /> the City of Decatur, Illinois on November 1, 1999. <br /> "Code" means the Internal Revenue Code of 1986, as now or hereafter amended, and <br /> applicable regulations. All references herein to sections of the Code are to the sections thereof as <br /> they existed on November 4, 1999. <br /> "Company" means Easter Seals Central Illinois, Inc., a not-for-profit corporation duly <br /> organized and existing under the laws of the State of Illinois, and its successors and assigns. <br /> "Completion Date" means the date on which the Project is completed, as certified to the <br /> Issuer and the Assignee in accordance with Section 4.6 of this Loan Agreement. <br /> "Counsel" means an attorney duly admitted to practice law before the highest court of any <br /> state, including legal counsel for either the Issuer, the Company or the Assignee. <br /> "Default" means any event or condition which constitutes, or with the giving of any <br /> requisite notice or upon the passage of any requisite time period or upon the occurrence of both <br /> would constitute, an Event of Default. <br /> "Determination of T�ability" means and shall be deemed (other than as a result of the <br /> Owner of an affected Bond being a substantial user of the Project or a related person thereto or as <br /> a result of the imposition of the corporate alternative minimum tax or in respect of a calculation <br /> that would result in the taxation of certain social security or railroad pension compensation) to <br /> have occurred on the date that the Assignee or any Bondholder so notifies the Company, with <br /> respect to (i)(A) through (i)(D) below, and (i)(F) below, and, with respect to (i)(E) below on the <br /> date of such deposit: <br /> (i) (A) an amendment to Section 103 of the Code (or any successor <br /> provision) has been enacted, or any Regulations have been issued; or <br /> (B) any ruling (including a private ruling) of the Internal Revenue <br /> Service (the"IRS") has been issued or revoked; or <br /> (C) a proposed statutory notice of deficiency letter (30-day letter) has <br /> been issued to any Bondholder; or <br /> (D) any judicial opinion has been rendered; or <br /> 8 <br />