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73495160v3 <br /> <br /> <br />15 <br /> <br />“Monitoring Fee” shall have the meaning given to such term in Section 2.2(a) of the Borrower <br />Loan Agreement. <br />“Monthly Tax and Insurance Amount” means an amount equal to the sum of (i) one-twelfth <br />(1/12th) of the annual Impositions, plus (ii) one-twelfth (1/12th) of the annual insurance premiums for the <br />insurance coverages for the Project Facilities required by Section 6.4 of the Borrower Loan Agreement, as <br />any such amounts may be increased if the Controlling Person determines that funds in the Tax and Insurance <br />Escrow Account will be insufficient to pay Impositions and insurance premiums when due. <br />“Moody’s” means Moody’s Investors Service, Inc., a corporation organized and existing under the <br />laws of the State of Delaware, its successors and assigns and, if such corporation shall be dissolved or <br />liquidated or shall no longer perform the functions of a securities rating agency, “Moody’s” shall be deemed <br />to refer to any other nationally recognized securities rating agency designated by the Controlling Person, <br />by notice to the Borrower, the Governmental Lender and the Funding Lender. <br />“Mortgage” shall have the meaning given to such term in the recitals to this Funding Loan <br />Agreement. <br />“MSRB” means the Municipal Securities Rulemaking Board established pursuant to Section <br />15B(b)(1) of the Securities Exchange Act of 1934. <br />“Negative Arbitrage Deposit” has the meaning set forth in the Contingency Draw-Down <br />Agreement. <br />“Noteowner” or “owner of the Governmental Note” means the owner, or as applicable, <br />collectively the owners, of the Governmental Note as shown on the registration books maintained by the <br />Fiscal Agent pursuant to Section 2.6(e) of this Funding Loan Agreement. <br />“Obligations” means any and all obligations of the Borrower for the payment of money including <br />without limitation any and all (i) obligations for money borrowed, (ii) obligations evidenced by bonds, <br />debentures, notes, guaranties or other similar instruments, (iii) construction contracts, installment sale <br />agreements and other purchase money obligations in connection with the performance of work, sale of <br />property or rendering of services, (iv) leases evidencing the acquisition of capital assets, (v) obligations <br />under any applicable ground lease, (vi) reimbursement obligations in connection with letters of credit and <br />other credit enhancement facilities, (vii) obligations for unfunded pension liabilities, (viii) guaranties of any <br />such obligation of a third party, and (ix) any such obligations of third parties secured by assets of the <br />Borrower; but excluding obligations under contracts for supplies, services and pensions allocable to current <br />Expenses during the current or future Fiscal Years in which the supplies are to be delivered, the services <br />rendered or the pension paid. <br />“OFAC Violation” shall have the meanings ascribed to such term in Section 6.23 of the Borrower <br />Loan Agreement. <br />“Operating Reserve Account” means the Operating Reserve Account created pursuant to Section <br />8.4 of the Borrower Loan Agreement prior to the occurrence of an Operating Reserve Trigger and thereafter <br />the Account of that name created pursuant to the Funding Loan Agreement. <br />“Operating Reserve Amount” shall mean the amount set forth on the Schedule of Financial <br />Terms.