Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 815]

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8l2

BOAKD OF TRUSTEES

[June 29

( a ) "Project"—the Medical and Dental College Building to be constructed upon the Site (hereinabove described) in Chicago, Illinois, with the proceeds of the Bonds issued hereunder and of the Grant to the "University. (b) "Trust Property"—the Site, the Medical and Dental College Building thereon, all other structures and improvements thereon erected or hereafter erected, and all other property held by the Foundation as trustee under the Trust Agreement. (c) "Pledged Estate"—all the right, title and interest which the Foundation now has or may hereafter acquire in and to those leases, contracts and rights in the Trust Property which are hereby transferred, assigned or pledged by the Foundation and are more fully described in the granting clauses hereof. (d) "State Director (P.W.A.)"—the person appointed by the Federal Emergency Administrator of Public Works to perform the functions of the office of State Director (P.W.A.) for the State of Illinois, or any other person appointed to perform such functions, including any representative designated by said State Director (P.W.A.) for such purpose. (e) "Government"—the United States of America acting by or through the Federal Emergency Administrator of Public Works, or by or through any other federal agency or official authorized to exercise the powers and authority now reposed in the Federal Emergency Administrator of Public Works or to act in his behalf. Section 1.02. Words of masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. The words "bond," "coupon," "owner," "holder," "person" and "entity" shall include the plural as well as the singular number unless the context shall otherwise indicate. The term "Bond" or "Bonds" shall mean any Bond or Bonds or all of the Bonds, as the case may be, authenticated and delivered under this Indenture. The term "coupon" or "interest coupon" when used herein with respect to the Bonds shall mean any interest coupon which appertains or appertained to any Bond and shall include a claim for interest on a temporary Bond without coupons. The terms "holder" or "bondholder" when used herein with respect to Bonds issued hereunder shall mean, unless the context otherwise indicates, the holder or registered owner, as the case may be, of Bonds at the time issued and outstanding hereunder. The Government shall be deemed to be the holder of any Bonds registered in the name of the United States of America or any agency or instrumentality thereof, and also of any Bonds held by any agency or instrumentality of the United States of America if notice of such holding shall have been given to the Trustee. The term "Indenture" shall include this Indenture and each and every Indenture supplemental hereto. The word "year" shall be construed to mean calendar year, unless the context otherwise indicates. The word "person" shall include natural persons, firms, associations, corporations, partnerships, and bodies politic, unless the context otherwise indicates. Whenever any consent or approval of the Trustee or the holder of any Bonds or coupons is provided for hereunder, it is specifically agreed that consent or approval in writing is intended. The words "order," "request" or "requisition" of the Foundation, unless otherwise expressly provided, shall be held and construed to mean a written order, request, or requisition. Section 1.03. Whenever in this Indenture it is provided that any fact or opinion be evidenced to the Trustee by means of a certificate, statement, opinion, or other document, it shall constitute compliance herewith if the various facts or opinions intended so to be evidenced to the Trustee be included in different statements, opinions, or other documents signed by the same person or different persons of the same qualifications. Section 1.04. References by number in this Indenture to any article or section shall be construed as referring to the articles and sections contained in this Indenture. The words "hereof and "herein" and compounds thereof shall be construed as referring to this Indenture generally and not merely to the particular article or section in which they occur.