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SEP` 01 :4aFfl BF , �-,rIT f.1.LEP OLIVE P.-D,.,,i, (a) "Aggregate Debt Sr�.Irvice" means, as of any date, the sum of all present and future Annual Debt Service payments then remaining unpaid with respect to the Defeased Bonds. (b) "Agreement" means this 'Escrow Deposit Agreement. (G) "Annual Debt Service" means, in any year, the principal of and interest on the Defeased Bonds coming due in such year as shown on Schedule A attached hereto. (d) "Call Date" shall have the meaning set forth in the Redemption Resolution. (e) "City" means the City of Sebastian, Florida. (f) "City Resolution" means Resolution No. (^] 95-55, duly adopted by the governing body of the City on [^] fieptemb x _20, 1995, as amended and supplemented from time to time, authorizing the Acquisition Agreement and the defeasance of the Defeasance Bonds pursuant thereto. (g) "County" means Indian River County, Florida. (h) "County Resolution" means Resolution No. [^] 95-101, duly adopted by the governing body of the County on [^] 1995, as amended and supplemented from time to time, authorizing the Acquisition Agreement and the purchase of the System pursuant thereto. (i) "Defeased bonds" means the City of Sebastian, Florida, Utilities System Revenue Bonds, Series 1993, as described in Schedule A attached hereto. 0 ) "Escrow Account" means the account established and held by the Escrow Holder pursuant to this Agreement, in which cash and investments will be held for payment of the Defeased Bonds and the Expenses. (k) "Escrow Holder" means [4] The Ban Nev York Trus_t Combapy of Floud,, N.A. (1) "Escrow Requirement" means, as of any date of calcula- tion, the sum of an amount in cash and principal amount of Federal Securities in the Escrow Account which, together with the interest due on the Federal Securities, will be sufficient to pay, as the installments thereof become due, the Aggregate Debt Service and to pay when due all. Expenses then unpaid. (m) "Expenses" ineat,s the expenses (including contractual obligations incurred with respect to the Defeased Bonds) set ;forth on Schedule H attact)ed hereto and herelty made a part hereof. K