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CCSD BOA REVI ARD OF TR ISED AGEN RUSTEES NDA

2-22-16BoardOpenSessionAgendaPacket

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"Note Enabling Act" means Chapter 17, Title 11 of the Code of Laws of South Carolina 1976, as<br />

amended.<br />

"Note Payment Date" means any date on which interest on a Series of Notes from its Original<br />

Issue Date and the Principal Installment of that Series of Notes shall be payable.<br />

"Noteholder" or "Holder" or "Holders of Notes" or "Owner" or similar term means, when used<br />

with respect to a Note or Notes, any person who shall be registered as the owner of any Note Outstanding.<br />

"Notes" means, collectively, the Series 2016A Notes, the Series 2016B Notes and the Series<br />

2016C Notes.<br />

"Original Issue Date" means any date of delivery of a Series of Notes.<br />

"Outstanding", when used in this Resolution with respect to a Series of Notes, means as of any<br />

date all Notes of that Series theretofore authenticated and delivered pursuant to this Resolution except:<br />

(i)<br />

such date;<br />

any Note cancelled or delivered to the Registrar for cancellation on or before<br />

(ii) any Note (or any portion thereof) deemed to have been paid in accordance with<br />

the provisions of Section 7.01 hereof; and<br />

(iii) any Note in lieu of or in exchange for which another Note shall have been<br />

authenticated and delivered pursuant to Section 3.11 of the Resolution.<br />

"Paying Agent" means the District, acting through the Superintendent.<br />

"Person" means an individual, a partnership, a corporation, a trust, a trustee, an unincorporated<br />

organization, or a government or an agency or political subdivision thereof.<br />

"Principal Installment" means the principal amount of a Series of Notes, payable in full on the<br />

applicable Note Payment Date.<br />

"Record Date" means, with respect to each Series of Notes, the last day of the calendar month<br />

immediately preceding the applicable Note Payment Date.<br />

"Registrar" means the District, acting through the Superintendent.<br />

"Resolution" means this Resolution as the same may be amended or supplemented from time to<br />

time in accordance with the terms hereof.<br />

"School Bond Act" means Sections 59-71-10 to 59-71-190, inclusive, of the Code of Laws of<br />

South Carolina 1976, as amended, and as amended and supplemented by Act No. 113 of the Acts and<br />

Joint Resolutions of the General Assembly of South Carolina for the year 1999.<br />

"Secretary" means the Secretary of the Board and, in the absence or disability of the Secretary,<br />

the Acting Secretary of the Board.<br />

11<br />

2/22/16 Board Agenda Agenda Item 9.5B<br />

(A&F D-IX)<br />

Page 17 of 49

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