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(e) To procure a rating on the Bonds from a nationally recognized <br />securities rating agency designated in such supplemental resolution, if such supplemental <br />resolution will not adversely affect the owners of the Bonds. <br />i <br />SECTION 17, This Resolution, and the rights and obligations of the <br />Commission and the owners of the Bonds may be modified or amended at any time by <br />supplemental resolutions adopted by the Commission with the consent of the owners of the <br />Bonds holding at least sixty percent (60 %) in aggregate principal amount of the outstanding <br />Bonds (exclusive of Bonds, if any, owned by the Commission or the City); provided, <br />however, that no such modification or amendment shall, without the express consent of the <br />owners of the Bonds affected, reduce the principal amount of any Bond, reduce the interest <br />rate payable thereon, advance the earliest redemption date, extend its maturity or the times <br />for paying interest thereon, permit a privilege or priority of any Bond or Bonds over any <br />other Bond or Bonds, create a lien securing any Bonds other than a lien ratably securing all <br />of the Bonds outstanding, or change the monetary medium in which principal and interest <br />are payable, nor shall any such modification or amendment reduce the percentage of <br />consent required for amendment or modification. <br />Any act done pursuant to a modification or amendment so consented to shall <br />be binding upon all the owners of the Bonds and shall not be deemed an infringement of <br />any of the provisions of this Resolution or of the Act, and may be done and performed as <br />fully and freely as if expressly permitted by the terms of this Resolution, and after such <br />consent relating to such specified matters has been given, no owner shall have any right or <br />interest to object to such action or in any manner to question the propriety thereof or to <br />enjoin or restrain the Commission or any officer thereof from taking any action pursuant <br />thereto. <br />If the Commission shall desire to obtain any such consent, it shall cause the <br />Registrar to mail a notice, postage prepaid, to the respective owners of the Bonds at their <br />addresses appearing on the registration books held by the Registrar. Such notice shall <br />briefly set forth the nature of the proposed supplemental resolution and shall state that a <br />copy thereof is on file at the office of the Registrar for inspection by all owners of the <br />Bonds. The Registrar shall not, however, be subject to any liability to any owners of the <br />Bonds by reason of its failure to mail the notice described in this Section 16, and any such <br />failure shall not affect the validity of such supplemental resolution when consented -to and <br />approved as provided in this Section 16. <br />Whenever at any time within one year after the date of the mailing of such <br />notice, the Commission shall receive an instrument or instruments purporting to be executed <br />by the owners of not less than sixty percent (60 %) in aggregate principal amount of the <br />Bonds then outstanding (exclusive of Bonds, if any, owned by the Commission or the City), <br />which instrument or instruments shall refer to the proposed supplemental resolution <br />described in such notice, and shall specifically consent to and approve the adoption thereof <br />in substantially the form of the copy thereof referred to in such notice as on file with the <br />Registrar, thereupon, but not otherwise, the Commission may adopt such supplemental <br />Adpw <br />-19- <br />