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"Code" means the Internal Revenue Code of 1986, as amended, and the applicable <br />Treasury Regulations proposed or promulgated thereunder. <br />"Computation Date" means any date selected by the Issuer as a Computation Date <br />pursuant to Section 1.148-3(e) of the Regulations and the Final Computation Date. <br />"Fair Market Value" means, when applied to a Nonpurpose Investment, the Fair <br />Market Value of such Investment as determined in accordance with Section 4 hereof. <br />"Final Computation Date" means the date the Note is discharged. <br />"Gross Proceeds" means, with respect to the Note: <br />(1) Amounts constituting Sale Proceeds of the Note. <br />(2) Amounts constituting Investment Proceeds of the Note. <br />(3) Amounts constituting Transferred Proceeds of the Note. <br />(4) Other amounts constituting Replacement Proceeds of the Note, including Pledged <br />Moneys. <br />"Investment Proceeds" means any amounts actually or constructively received from <br />investing proceeds of the Note. <br />"Investment Property" shall have the meaning as ascribed to such term in Section <br />148(b)(2) of the Code, which includes any security, obligation or other property held principally <br />as a passive vehicle for the production of income, within the meaning of Section 1.148-1(e) of <br />the Regulations. <br />"Issue Date" means April 9, 2015. <br />"Net Proceeds" means Sale Proceeds, less the portion of such Proceeds invested in a <br />reasonably required reserve or replacement fund under the Code. <br />"Nonpurpose Investment" means Investment Property in which Gross Proceeds are <br />invested which is not acquired to carry out the governmental purpose of the Note, e.g., <br />obligations acquired with Gross Proceeds that are invested temporarily until needed for the <br />governmental purpose of the Note, that are used to discharge a prior issue, or that are invested in <br />a reasonably required reserve or replacement fund, as referred in Section 1.148-1(b) of the <br />Regulations. <br />"Nonpurpose Payments" shall include the payments with respect to Nonpurpose <br />Investments specified in Section 1.148-3(d)(1)(i)-(v) of the Regulations. <br />A-2 <br />