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<br />"Fiscal Year" means January 1 through December 31 of each year, or such other period <br />which is the Company's fiscal year from time to time. <br /> <br />"Governmental Obligations" means direct general obligations of, or obligations the timely <br />payment of the principal of and interest on which is unconditionally guaranteed by, the United States <br />of America. <br /> <br />"Gross Revenues" means for any period, the total of all operating revenues received by the <br />Company which are derived from the Facilities, as determined in accordance with generally accepted <br />accounting principles. <br /> <br />"Improvements" means any additions, enlargements, improvements, extensions or <br />alterations to the Facilities as they then exist (other than the Project), and any fixtures, structures or <br />other facilities acquired, constructed or operated by the Company and located on the Land. <br /> <br />"Indenture" means this Indenture of Trust and any amendments or supplements hereto. <br /> <br />"Interest Payment Date" means (a) the dates required for payment of interest or principal <br />of, premium, if any, and interest on the Bonds, i.e., May 1 and November 1, until the Bonds are paid <br />(or provision made therefor), the first Interest Payment Date being November 1, 2008, and (b) for <br />Bonds subject to redemption on any date, the date of such redemption. <br /> <br />"Issuer," "County" or "Cass County" means Cass County, North Dakota, or any successor <br />municipal corporation succeeding to its rights and obligations under the Loan Agreement and this <br />Indenture. <br /> <br />"Issuer's Address" means Cass County, 211 9th Street South, Fargo, North Dakota 58103. <br /> <br />"Land" means the real estate described on Exhibit A attached hereto. <br /> <br />"Loan Agreement" means the Loan Agreement executed by and between the Issuer and the <br />Company dated as of the date hereof as the same may be amended from time to time. <br /> <br />"Management Consultant" means a nationally-recognized consultant or firm of consultants, <br />or an independent certified public accountant or firm of certified public accountants, which is <br />qualified and has skill and experience in the preparation of management studies and financial <br />feasibility studies for use in connection with the financing and operation of health care facilities <br />similar to the Facilities. <br /> <br />"Mortgage" means the Mortgage, Security Agreement and Fixture Financing Statement <br />executed from the Company to the Trustee dated as of the date hereof as the same may be amended <br />from time to time. <br /> <br />1-4 <br />