“Authorized Denomination” means $5,000 or any integral multiple thereof within a maturity. “Beneficial Owner” means, with respect to a Series 2018 Bond, the owner of any beneficial interest in the Series 2018 Bond. “Bond Counsel” means the firm of Foster Pepper PLLC, its successor, or any other attorney or firm of attorneys selected by the University with a nationally recognized standing as bond counsel in the field of municipal finance. “Bond Register” means the books or records maintained by the Registrar for the purpose of identifying ownership of each Series 2018 Bond. “Bond Sale Resolution” means a supplemental resolution to this Series Resolution hereafter adopted by the Board that establishes, among other things, the aggregate principal amount, principal amounts per maturity, maturity dates, interest rates, redemption provisions, and other terms of the Series 2018 Bonds that are dependent upon the final pricing of such Bonds, as such resolution may be amended or supplemented from time to time. “Construction Account” means one or more accounts or subfunds created by the University within the Higher Education Non-proprietary Local Capital Fund of the University for the deposit of amounts to be applied to carrying out the Project. “DTC” means The Depository Trust Company, New York, New York, or its nominee. “Future Parity Bonds” means any special fund revenue bonds or other revenue obligations that are issued by the University in the future as Parity Bonds. “Government Obligations” means direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of America.
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