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' <br /> • <br /> Subordinate Revenue Obligations: Obligations payable from the Net <br /> Pledged Revenues having a lien thereon subordinate or junior to the lien thereon of the <br /> First-Lien Revenue Obligations. The term Subordinate Revenue Obligations includes <br /> any currently Outstanding Obligations which by their terms have a junior or subordinate <br /> claim to System revenues or the Income or Net Pledged Revenues. <br /> Superior Obligations: Obligations payable from the Net Pledged <br /> • <br /> Revenues having a lien thereon superior or senior to the lien thereon of the First-Lien <br /> Revenue Obligations. <br /> Supplemental Public Securities Act: Part 2 of Article 57, Title 11, C.R.S. <br /> Supplemental Resolution or Supplemental Resolutions: a resolution or <br /> resolutions of the Council approving the final terms of any particular issue of Obligations <br /> and their award to the Purchaser or Purchasers thereof and determining any details <br /> reasonably necessary or appropriate in connection therewith in order to effectuate or to <br /> clarify the applicable provisions of this Ordinance or the applicable Series Ordinance and <br /> to direct the consummation of the transactions contemplated hereby. <br /> Supply Assets: those assets of the System which constitute the raw water <br /> supply components of the System, including,without limitation, absolute, conditional and <br /> inchoate water rights of all kinds including rights to return flows, or permits or rights to <br /> the use of tributary or nontributary groundwater together with diversion structures, <br /> pipelines, flumes, reservoirs, storage tanks and any other property, tangible or intangible, <br /> used:directly or indirectly to obtain or store raw water for treatment and distribution <br /> through the Treatment and Distribution Assets. <br /> System: the Water System. <br /> Tender Obligation: any Obligation which by its terms may be required to <br /> be tendered for purchase, or which may be tendered by or at the option of the Owner <br /> thereof for purchase,.prior to the stated maturity thereof. <br /> Transfer Agent: a suitable institution or City official designated by <br /> Supplemental Resolution or Final Terms Certificate to perform the duties of Transfer <br /> Agent in connection with any Series Ordinance. <br /> Treatment and Distribution Assets: those assets of the System which <br /> constitute the water treatment and.distribution components of the System, including, <br /> without limitation, treatment plants or facilities, treated water storage, pumping or <br /> distribution facilities, water mains and all tangible or intangible property (excluding <br /> water rights) used in connection with water treatment and the furnishing of potable or <br /> nonpotable water to customers of the System, including the City. <br /> Trust Bank: a Commercial Bank which is authorized to exercise and is <br /> exercising trust powers. <br /> • <br /> #866939v11 1 0 <br />