Common use of Background and Definitions Clause in Contracts

Background and Definitions. (a) Pursuant to the Ordinance defined below, the City has authorized the issuance and reissuance from time-to-time of its tax-exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "Ordinance"). (c) Pursuant to the Ordinance, the City and the Dealer executed and delivered, and there remains in effect, that certain Dealer Agreement dated as of December 1, 2017 (the "2017 Dealer Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and to authorize the execution of this First Amendment to Dealer Agreement, and to authorize additional changes to conform documents, including the 2017 Dealer Agreement, to changes in federal and state law enacted subsequent to the effective date of the Ordinance. (f) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement as amended by the First Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance and the 2023 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement dated as of March 1, 2023, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement dated as of December 1, 2017, between the City and U.S. Bank National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement dated as of March 1, 2023, between the City and U.S. Bank Trust Company, National Association.

Background and Definitions. (a) Pursuant to the Ordinance defined below, the The City has authorized the issuance and reissuance from time-to-time of its tax-tax- exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 100,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer Drainage Utility System Commercial Paper Notes, Callable CP SeriesSeries ECP, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 100,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, Agent and a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Dealer Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5June 27, 2017 2023 (the "Ordinance"). (c) Pursuant The Ordinance provides for the appointment of commercial paper dealers to perform certain duties, including the Ordinance, offering and sale from time-to-time of the City and Commercial Paper Notes on behalf of the Dealer executed and delivered, and there remains in effect, that certain Dealer Agreement dated as of December 1, 2017 (the "2017 Dealer Agreement")City. (d) There are currently no The Dealer has agreed to accept the duties and responsibilities under this Agreement with respect to the Commercial Paper Notes outstandingunder the Ordinance and this Agreement. (e) On February 14Unless otherwise defined herein, 2023, all capitalized terms shall have the City adopted an ordinance amending meanings ascribed to them in the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and to authorize the execution of this First Amendment to Dealer Agreement, and to authorize additional changes to conform documents, including the 2017 Dealer Agreement, to changes or in federal and state law enacted subsequent to the effective date of the Ordinance. (f) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement as amended by the First Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance and the 2023 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement dated as of March 1, 2023, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement dated as of December 1, 2017, between the City and U.S. Bank National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement dated as of March 1, 2023, between the City and U.S. Bank Trust Company, National Association, dated as of July 1, 2023 (the "Issuing and Paying Agent Agreement"). For purposes of this Agreement, the term "Business Day" shall have the meaning given said term in the Ordinance.

Background and Definitions. (a) Pursuant to the 2017 Ordinance (defined below), the City has authorized the issuance and reissuance from time-to-time of its tax-exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "2017 Ordinance"). (c) Pursuant to the 2017 Ordinance, the City and the Dealer Bank executed and delivered, and there remains in effect, that certain Dealer Issuing and Paying Agent Agreement dated as of December 1, 2017 (the "2017 Dealer Issuing and Paying Agent Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and 225,000,000, to authorize the execution of this a First Amendment to Dealer AgreementIssuing and Paying Agent Agreement (the "First Amendment"), and to authorize additional changes to conform documents, including the 2017 Dealer Issuing and Paying Agent Agreement, to changes in federal and state law enacted subsequent to the effective date of the 2017 Ordinance. (e) There are currently no Commercial Paper Notes outstanding. (f) On February 25, 2025, the City adopted an ordinance (the "2025 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $700,000,000, to authorize the execution of this Second Amendment, and to authorize additional changes to conform documents, including the 2017 Issuing and Paying Agent Agreement and the First Amendment, to changes in state law enacted subsequent to the effective date of the 2023 Ordinance. (g) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement Issuing and Paying Agent Agreement, as amended by the First Amendment, and as further amended by this Second Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance, the 2023 Ordinance and the 2023 2025 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement Agreement, dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement Agreement, dated as of March 1, 2023, and the Second Amendment to Calculation Agent Agreement, dated as of March 27, 2025, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Dealer Agreement" shall mean the Issuing and Paying Agent Agreement Dealer Agreement, dated as of December 1, 2017, between the City and U.S. Bank National Association▇.▇. ▇▇▇▇▇▇ Securities LLC, as amended by the First Amendment to Issuing and Paying Agent Agreement Dealer Agreement, dated as of March 1, 2023, and the Second Amendment to Dealer Agreement, dated as of March 27, 2025, between the City and U.S. Bank Trust Company, National Association▇.▇. ▇▇▇▇▇▇ Securities LLC.

Background and Definitions. (a) Pursuant to the Ordinance defined below, the City has authorized the issuance and reissuance from time-to-time of its tax-exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "Ordinance"). (c) Pursuant to the Ordinance, the City and the Dealer Calculation Agent executed and delivered, and there remains in effect, that certain Dealer Calculation Agent Agreement dated as of December 1, 2017 (the "2017 Dealer Calculation Agent Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and to authorize the execution of this First Amendment to Dealer Calculation Agent Agreement, and to authorize additional changes to conform documents, including the 2017 Dealer Calculation Agent Agreement, to changes in federal and state law enacted subsequent to the effective date of the Ordinance. (f) For all purposes, the term "Agreement" shall mean the 2017 Dealer Calculation Agent Agreement as amended by the First Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance and the 2023 Ordinance; the term "Calculation Agent Dealer Agreement" shall mean the Calculation Agent Dealer Agreement dated as of December 1, 2017, between the City and Hilltop ▇.▇. ▇▇▇▇▇▇ Securities Inc.LLC, as amended by the First Amendment to Calculation Agent Dealer Agreement dated as of March 1, 2023, between the City and Hilltop ▇.▇. ▇▇▇▇▇▇ Securities Inc.LLC; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement dated as of December 1, 2017, between the City and U.S. Bank National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement dated as of March 1, 2023, between the City and U.S. Bank Trust Company, National Association.

Background and Definitions. (a) Pursuant to the Ordinance defined below, the The City has authorized the issuance and reissuance from time-to-time of its tax-tax- exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance ORDINANCE approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "Ordinance"). (c) Pursuant The Ordinance provides for the appointment of commercial paper dealers to perform certain duties, including the offering and sale from time-to-time of the Commercial Paper Notes on behalf of the City. (d) The Dealer has agreed to accept the duties and responsibilities under this Agreement with respect to the OrdinanceCommercial Paper Notes under the Ordinance and this Agreement. (e) Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Ordinance or in the Issuing and Paying Agent Agreement between the City and the Dealer executed and deliveredU.S. Bank National Association, and there remains in effect, that certain Dealer Agreement dated as of December 1, 2017 (the "2017 Dealer Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and to authorize the execution of this First Amendment to Dealer Agreement, and to authorize additional changes to conform documents, including the 2017 Dealer Agreement, to changes in federal and state law enacted subsequent to the effective date of the Ordinance. (f) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement as amended by the First Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance and the 2023 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement dated as of March 1, 2023, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Agreement"). For purposes of this Agreement, the term "Business Day" shall mean have the meaning given said term in the Issuing and Paying Agent Agreement dated as of December 1, 2017, between the City and U.S. Bank National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement dated as of March 1, 2023, between the City and U.S. Bank Trust Company, National AssociationAgreement.

Background and Definitions. (a) Pursuant to the 2017 Ordinance (defined below), the City has authorized the issuance and reissuance from time-to-time of its tax-exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "2017 Ordinance"). (c) Pursuant to the 2017 Ordinance, the City and the Dealer Calculation Agent executed and delivered, and there remains in effect, that certain Dealer Calculation Agent Agreement dated as of December 1, 2017 (the "2017 Dealer Calculation Agent Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and 225,000,000, to authorize the execution of this a First Amendment to Dealer AgreementCalculation Agent Agreement (the "First Amendment"), and to authorize additional changes to conform documents, including the 2017 Dealer Calculation Agent Agreement, to changes in federal and state law enacted subsequent to the effective date of the 2017 Ordinance. (e) There are currently no Commercial Paper Notes outstanding. (f) On February 25, 2025, the City adopted an ordinance (the "2025 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $700,000,000, to authorize the execution of this Second Amendment, and to authorize additional changes to conform documents, including the 2017 Calculation Agent Agreement and the First Amendment, to changes in state law enacted subsequent to the effective date of the 2023 Ordinance. (g) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement Calculation Agent Agreement, as amended by the First Amendment, and as further amended by this Second Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance, the 2023 Ordinance and the 2023 2025 Ordinance; the term "Calculation Agent Dealer Agreement" shall mean the Calculation Agent Agreement Dealer Agreement, dated as of December 1, 2017, between the City and Hilltop ▇.▇. ▇▇▇▇▇▇ Securities Inc.LLC, as amended by the First Amendment to Calculation Agent Agreement Dealer Agreement, dated as of March 1, 2023, and the Second Amendment to Dealer Agreement, dated as of March 27, 2025, between the City and Hilltop ▇.▇. ▇▇▇▇▇▇ Securities Inc.LLC; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement Agreement, dated as of December 1, 2017, between the City and U.S. Bank Trust Company, National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement Agreement, dated as of March 1, 2023, and the Second Amendment to Issuing and Paying Agent Agreement, dated as of March 27, 2025, between the City and U.S. Bank Trust Company, National Association.

Background and Definitions. (a) Pursuant to the 2017 Ordinance (defined below), the City has authorized the issuance and reissuance from time-to-time of its tax-exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "2017 Ordinance"). (c) Pursuant to the 2017 Ordinance, the City and the Dealer executed and delivered, and there remains in effect, that certain Dealer Agreement dated as of December 1, 2017 (the "2017 Dealer Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, the City adopted an ordinance amending the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and 225,000,000, to authorize the execution of this a First Amendment to Dealer AgreementAgreement (the "First Amendment"), and to authorize additional changes to conform documents, including the 2017 Dealer Agreement, to changes in federal and state law enacted subsequent to the effective date of the 2017 Ordinance. (e) There are currently no Commercial Paper Notes outstanding. (f) On February 25, 2025, the City adopted an ordinance (the "2025 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $700,000,000, to authorize the execution of this Second Amendment, and to authorize additional changes to conform documents, including the 2017 Dealer Agreement and the First Amendment, to changes in state law enacted subsequent to the effective date of the 2023 Ordinance. (g) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement Agreement, as amended by the First Amendment, and as further amended by this Second Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance, the 2023 Ordinance and the 2023 2025 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement Agreement, dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement Agreement, dated as of March 1, 2023, and the Second Amendment to Calculation Agent Agreement, dated as of March 27, 2025, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement Agreement, dated as of December 1, 2017, between the City and U.S. Bank Trust Company, National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement Agreement, dated as of March 1, 2023, and the Second Amendment to Issuing and Paying Agent Agreement, dated as of March 27, 2025, between the City and U.S. Bank Trust Company, National Association.

Background and Definitions. (a) Pursuant to the Ordinance defined below, the The City has authorized the issuance and reissuance from time-to-time of its tax-tax- exempt commercial paper notes (the "Commercial Paper Notes") in the aggregate principal amount not to exceed $150,000,000 outstanding at any time. (b) The City authorized the issuance of the Commercial Paper Notes pursuant to its "Ordinance approving and authorizing the issuance by the City of Fort Worth, Texas of its Water and Sewer System Commercial Paper Notes, Callable CP Series, in an aggregate principal amount at any one time outstanding not to exceed $150,000,000 to provide interim financing to pay Project Costs for Eligible Projects and to refund obligations issued in connection with Eligible Projects; approving and authorizing certain authorized officers and employees to act on behalf of the City in the selling and delivery of such Commercial Paper Notes, within the limitations and procedures specified herein; making certain covenants and agreements in connection therewith; resolving other matters incident and related to the issuance, sale, security and delivery of such Commercial Paper Notes, including the appointment of an Issuing and Paying Agent, a Dealer and a Calculation Agent and approval of an Issuing and Paying Agent Agreement, a Dealer Agreement and a Calculation Agent Agreement; approving the use of an Offering Memorandum in connection with the sale from time to time of such Commercial Paper Notes; and providing an effective date", adopted on December 5, 2017 (the "Ordinance"). (c) Pursuant The Ordinance provides for the appointment of a calculation agent to perform certain duties, including the determination of interest rates of the Commercial Paper Notes on behalf of the City in the manner described in the Ordinance, the City and the Dealer executed and delivered, and there remains in effect, that certain Dealer Agreement dated as of December 1, 2017 (the "2017 Dealer Agreement"). (d) There are currently no Commercial Paper Notes outstanding. (e) On February 14, 2023, The Calculation Agent has agreed to accept the City adopted an ordinance amending duties and responsibilities of calculation agent as described in the Ordinance (the "2023 Ordinance") to increase the aggregate principal amount at any one time outstanding not to exceed $225,000,000 and to authorize the execution of this First Amendment to Dealer Agreement, and to authorize additional changes to conform documents, including the 2017 Dealer Agreement, to changes in federal and state law enacted subsequent to the effective date of the Ordinance. (f) For all purposes, the term "Agreement" shall mean the 2017 Dealer Agreement as amended by the First Amendment; the term "Ordinance" shall mean, collectively, the 2017 Ordinance and the 2023 Ordinance; the term "Calculation Agent Agreement" shall mean the Calculation Agent Agreement dated as of December 1, 2017, between the City and Hilltop Securities Inc., as amended by the First Amendment to Calculation Agent Agreement dated as of March 1, 2023, between the City and Hilltop Securities Inc.; and the term "Issuing and Paying Agent Agreement" shall mean the Issuing and Paying Agent Agreement dated as of December 1, 2017, between the City and U.S. Bank National Association, as amended by the First Amendment to Issuing and Paying Agent Agreement dated as of March 1, 2023, between the City and U.S. Bank Trust Company, National Association.