CLPR definition

CLPR means a certificate representing a Certificated Loan Payment Right in the form attached to the Indenture, authorized by the Authority and to be issued to the County to evidence the obligation of the Authority to repay a County Contribution or portion thereof made pursuant to, and bearing terms (including principal amount, interest at 5.42% per year, and prepayment rights and obligations) as set forth in, the County Contribution Agreement and the Indenture.