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f►.I1�[1IIyE:�"�C] <br />"Business Day" means a day of the year on which banks aze npt required or suthorized to <br />close in the State. <br />"Closin�" means the date on which this Agreement is executed and delivered by all of <br />the parties hereta. <br />"Code" means the Internal Revenue Code of 1986, as amended, and as the context may <br />require, the Treasury Regulations promulgat�d thereunder, and any published rulings, procedures <br />and notices thereunder. <br />"Compl�a�ce Period" means the 1 S-ye�r compliance period described in <br />Sectipn 42(i)(1) of the Code, as applicable to the building(s) in the Prpj ect. <br />"Constructi n Com letion Date" means the date upon which the Authority dcterniines <br />that constzuction of th� Project is substantially complete, exc�pt far punch list items, and that the <br />Project is ready for its intended use, which date is anticipated to occur by February 2$, 2011. <br />"Construction/Draw Schedule" means the detailed constructio�r�/draw schedule fox the <br />Project attached hereto as Exh�b�t F. <br />"Cost Certiflcatian" means the final cost certifcation to be submitted to the Auth4rity <br />within sixty (6p) days of the placed in service date of the Project but no lat�r than December 1 of <br />the year the Project is placed i.ca service which shall include the documentation detailed in <br />Section 1.2(b) af Final Cast Certification Procedures Manual. <br />"Deed of Trust" mcans any deed of trust, deed to secure debt or any similar security <br />instrament, as aznended, restat�d, modified or supplemented �rom rimc to time on the Prnject <br />givcn by the Owner to any Lender ta secure any indebtcdness, together with any oth�r <br />documents pertaining to said indebtedness, which were required by the Lcnder as a condition to <br />making a Mortgage Loan. <br />"Draw Documents" shall havc the meaning set forth irx Sectian 4.1(b} of this Agreement. <br />"Eli�ible Basis" shall mean the adjusted basis of all af the building(s) in the Praject, <br />determined as ta each such building as of the close of the first year of the "credit period" as more <br />particularly defined in Section 42(d) of the Code. <br />"Enti " means any general partnership, limited partnership, corporation, joint venture, <br />trust, limited liability company, limited liability partnership, business trust, cooperative or other <br />business association. <br />"Event of Bankruptcv" or "Bankruqtcv" means, as to a specified Person: <br />(i) the entry of a decree or order for relief by a court having jurisdiction in <br />respect v� such Person in an involuntary case under the federal bankruptcy laws, as naw <br />or herea�ter cons�itut�d, or any other appticable federal or state bankruptcy, insolvency or <br />other sirnilar law, or appointing a receiver, liquidator, assignee, custodiazi, tru�stee, <br />sequestrator (or similaz official) af such Person or for any substantial part of his property, <br />-3- <br />as�x-z3az-� a9a.z <br />