1. MIDA Bond-Bethany on 42nd - Laserfiche WebLink

"Bondholder(s)" or "Holder(s)" means the registered owner(s) of any Bond. "Bond Register" means the register maintained by the Trustee pursuant to Section 2.11 hereof. "Bond Registrar" means the Trustee, or its successor, appointed to keep the Bond Register. "Bond Year" means the period ending on of each year or such other period selected for the computations required to comply with the arbitrage rebate provisions in accordance with Section l48(f) of the Code. "Business Day" means any day other than a Saturday, Sunday or other day on which banking institutions in the city in which the principal corporate trust office of the Trustee is located are not open for business. "Code" or "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended, and the Treasury Regulations promulgated thereunder. "Company" means Bethany on 42od, LLC, a North Dakota limited liability company, the sole member of which is Bethany Homes, Inc., a North Dakota nonprofit corporation, and its successors and assigns and any resulting or transferee corporation under Section 7.04 of the Loan Agreement. "Company Address" means 201 South University Drive, Fargo, North Dakota 58103, Attn: Executive Director, or such other address specified in writing by the Company to the Issuer and the Trustee. "Company Representative" means the Executive Director, Director of Finance, Chairman or Vice Chairman of the Board of Directors of the Company, or a successor designated by the Company, or any authorized representative of the Company designated from time to time to act on behalf of the Company by written certificate furnished to the Trustee containing a specimen signature(s) of such person(s) and signed on behalf of the Company by an authorized signature. "Costs of Issuance" means all items of expense relating to the issuance, sale and delivery of the Bonds, including, but not limited to, Underwriter's discount or commission, all fees and expenses oflegal counsel, fees and expenses of underwriter's counsel, title insurance premiums, printing costs, costs of preparation and reproduction of documents, filing and recording fees, initial fees of the Trustee, fees paid to the Issuer, fees and disbursements of financial advisors and other consultants and professionals, fees and charges for preparation, execution, transportation and safekeeping of the Bonds, costs and expenses of accountants, and any other cost, charge or fee in connection with the original issuance of the Bonds which are treated as "issuance costs" within the meaning of Section 147(g) of the Code. 1-2