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"Loan Closing" means the date upon which the Governmental Agency shall issue and <br /> deliver the Governmental Agency Bond. <br /> "Loan Repayments" means the payments payable by the Governmental Agency <br /> pursuant to Section 3.03 of this Loan Agreement, including payments payable under the <br /> Governmental Agency Bond. <br /> "Loan Term" means the term of this Loan Agreement provided in Paragraph (5) of <br /> Exhibit B attached hereto and made a part hereof. <br /> "Pledged Property" means the source of repayment described in Paragraph (3) of <br /> Exhibit A to this Loan Agreement attached hereto and made a part hereof. <br /> "Power Purchase Agreement" means the Power Purchase Agreement described in <br /> Paragraph(4 )of Exhibit A to this Loan Agreement attached hereto and made a part hereof. <br /> "Prime Rate" means the prevailing commercial interest rate announced by the Wall <br /> Street Journal from time to time, or, if the Wall Street Journal ceases announcing a prime rate, <br /> shall be the rate announced by Citibank,N.A. as its prime lending rate. <br /> "Project" means the project of the Governmental Agency described in Paragraph (1) of <br /> Exhibit A attached hereto and made a part hereof, all or a portion of the Cost of which is <br /> financed or refinanced by the Authority through the making of the Loan under this Loan <br /> Agreement. <br /> "Project Account" means the Project Account created by the Authority for this Loan <br /> Agreement. <br /> "System" means the hydroelectric power system of the Governmental Agency described <br /> in Paragraph (2) of Exhibit A attached hereto and made a part hereof, for which the <br /> Governmental Agency is making the borrowing under this Loan Agreement, as such system may <br /> be modified, replaced, or expanded from time to time. <br /> Except where the context otherwise requires, words importing the singular number shall <br /> include the plural number and vice versa, and words importing persons shall include firms, <br /> associations, corporations, agencies, and districts. Words importing one gender shall include the <br /> other gender. <br /> 4 <br />