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of law. CERTAIN DEFINED TERMS USED HEREIN "Act" shall mean Chapters 125 and 159, Florida Statutes, u amended, and other applicable provisions "Additional Parity Bonds" shall mean additional bonds issued in compliance with the terms, conditions, and limitations contained in the Resolution which have an equal lien on the Pledged Funds and rank equally in all respects with all of the Bonds as to lien and security for payment. "Authorized Investment,' shall mean any of the following if and to the extent the same are, at the time. legal for investment of County funds: a. direct obligations of the United States of America and securities fully and unconditionally guaranteed as to the timely payment of principal and interest by the United States of America ("Direct Obligations"); b. direct obligations and fully guaranteed certificates of beneficial interest of the Export -Import Bank of the United States; senior debt obligations of the Federal Home Loan Banks; debentures of the Federal Housing Administration; guaranteed mortgage-backed bonds and guaranteed pass-through obligations of the Government National Mortgage Corporations; guaranteed Title XI financing of the U.S. Maritime Administration; mortgage-backed securities and senior debt obligations of the Fake) National Mortgage Association; and participation certificates and senior debt obligations of the Federal Home Loan Mortgage Corporation (collectively, "Agency Obligations.); c. direct obligations of any state of the United States of America or any subdivision or agency thereof whose unsecured general obligation debt is rated "A3' or better by Moody's Investors Service MJ "A-" or better by Standard & Poor's Corporation, or any obligation fully and unconditionally guaranteed by any state, subdivision or agency whose unsecured general obligation debt is rated "A3" or better by Moody's Investors Service aro "A-" or better by Standard & Poor's Corporation; d, commercial paper rated "Prime.'" by Moody's Investors Service and "A-1" or better by Standard 4 Poor's Corporation: a. ia11 6i t‘y Ntt oe.t{34 or better by Standard & Poor's Corporacion; f. deposits, Federal funds or bankers acceptances of any domestic bank, including a branch office of a foreign bank which branch office is located in the United States, provided legal opinions are received to the effect that full and timely payment of such deposit or similar obligation is enforceable against the principal office or any branch of such bank, which: (1) has an unsecured, uninsured and unguaranteed obligation rated "Prime -I" or "A3" or better by Moody's Investors Service atc "A-1" or "A-" or better by Standard & Poor's Corporation, or (2) is the lead bank of a parent bank holding company with an uninsured, unsecured and unguaranteed obligation meeting the rating requirements in (1) above;