CCP 01-21-1997 - Laserfiche WebLink

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I ?/'<J I ARTICLE 1 ,. Definitions Section 1.1, Definitions, In this Agreement, unless a different meaning clearly appears from the I context: (1) Bank. Bank shall mean those institutions and investors which finance the Developer's I debt as described in the May 31, 1996 letter from Guidant Corporation (Kristin Sherman, Assistant Treasurer) to the City (Kevin Ringwald, Community Development Director), including attachments (see Exhibit B). I (2) City. City shall mean the City of Arden Hills, Minnesota, a Municipal Corporation. I (3) Collateral. Collateral shall mean Two (2) MFM Ultraprint 2030 Automatic Solder Printers specified in Section 4.3. I (4) Commissioner, Commissioner shall mean the Commissioner of the Grantor Agency. I (5) Developer. Developer shall mean Cardiac Pacemakers, Inc. (6) Development Property. Development Property shall mean the real property described .. as Cardiac Pacemakers, Inc. Corporate Campus at 4100 Hamline Avenue North, Arden Hills, MN 55014, including that part of the Control Data Corporation Corporate Campus leased by the developer at the time of the execution of this agreement, which is located at I 4201 North Lexington Avenue, Arden Hills, MN 55014. (7) Grant Agreement. Grant Agreement shall mean the Minnesota Department of Trade I and Economic Development Grant Agreement #CDAP-95-0334-H-F497. (8) Grantor Agency. Grantor Agency shall mean the Minnesota Department of Trade and I Economic Development. (9) Leverage Funds. Leverage Funds shall mean the funds provided by or for the account of I the Developer pursuant to Section 2.1. (10) MIF. MIF shall mean the ~\ilinnesota Investment Fund. I (11) Project. Project shall mean to assist in the expansion of Cardiac Pacemakers, lnc. by I providing funds for new machinery and equipment. Thereof, as generally discussed in the application for MIF funding which resulted in the Grant Agreement. I (l2) State, State shall mean the State of Minnesota. , f' ~ I