L1. L2 etc means First or second Lowest Offer etc."L1. L2 etc" means First or second Lowest Offer etc. "LC" means Letter of Credit"LC" means Letter of Credit
CM means City Manager of COE appointed in terms of Section 82 of the Local Government: Municipal Structures Act 117 of 1998
H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means
Class B-2 Pass-Through Rate For the first Distribution Date, 6.5000% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-2 Margin, (2) the Weighted Average Available Funds Cap for such Distribution Date and (3) the Weighted Average Maximum Rate Cap for such Distribution Date.
M1 is the calendar month, expressed as a number, in which the first day of the Interest Period falls;