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ST. lUClf CQUIiITr. FLA.
See. 1.16
Sec. 1.16 "Ikposited Moneys" means any and all moneys deposited
by or !or The Company with the Trustee pursuant to any provision hereof,
other than moneys deposited for the payment of the principal of, or inter-
est on, any Boad, or for the payment of or reimbursement for compensa-
tion, expenses or advances of the Trustee.
Sec. 1.17 "Fined ltallroad Property" includes all fixed, tangible
Property used or useful for or in connection with Railroad Operation.
Sec. 1.18 "Indenture" means this instrument, and any and all sup-
plements thereto, in effect at the time in question.
Sec. 1.19 "Industrial Slte" means real Property owned or held by or
for The Company, for the sole purpose of sale ortaase to actual or pros-
pective shippers or receivers of freight, which site lies not closer than 60
feet from the center line of any track (except an Industrial Track) used
by The Company for Railroad Operation.
Sec. 1.20 "Isaac," "leaned" or "ltssaanoe,.. when used with respect
to Bonds, means the authorization and execution of Bonds by The Com-
pany and the authentication of such Bonds by the Corporate Trustee and
the delivery thereof to or upon the Order :,f ~' :e Coui};~,y.
Sec. 1.21 "Iiiatnred" means due and payable, according to tenor or
otherwise.
Sec. 1.22 "Maturing Bond" means a Bond which will mature within
a period of one year irom the time in question.
Sec. 1.23 "Maturity" means the date when an obligation becomes due
and payable, according to tenor or otherwise.
Sec. 1.24 "Mortgage Debt" includes any obligation for the payment
of money now or hereafter secured by the lien of this Indenture.
Sec. 1.Zb "Mortgaged Properties" includes all Property subject to
the lien of this Indenture.
Sec. 1.26 "Movable Equipment" includes freight-train, passenger-
train, and work-train cars; steam, electric, diesel, diesel-electric and/or
internal combustion l~omct:vc.° or loromntive '~^:i*„r,; ~:l or high:::.,
motor vehicles, tractors, trucks, trailers, semi-trailers; containers; air-
craft, and watercraft, used or useful for or in connection with or supple-
mentary *o the transportation of persons or property.
See. 1.27 "Net Income Available after Sinking-fund Payments"
means the remainder of Available Net Income after deduction of any de-
posits which The Company is required to make in a Sinking Fund.
Sec. 1.28 "Net Proceeds" of any sale of the Mortgaged Properties
made pursuant to Article Five means the sum remaining after the pay-
ment of (a) the costa and expenses of such sale, including reasonable com-
pensation to the Trustee, its agents, servants, attorneys and counsel, (b)
all expenses, liabilities, or advances incurred or made by the Trustee in
connection therewith, and (c) assessments, and Frior Obligations, to the
extent that the sale was not made subject thereto.
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