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this Series 1988 Bond Resolution, shall be a legal holiday or a day <br />on which banking institutions in the City or the city in which the <br />Paying Agent is located are typically closed, such payment may be <br />made or act performed or right exercised on the next succeeding day <br />not a legal holiday or a day on which such banking institutions are <br />typically closed, with the same force and effect as if done on the <br />nominal date provided in this Series 1988 Bond Resolution, and no <br />interest shall accrue for the period after such nominal date. <br />SECTION 22. Without notice to or consent of the owners of the <br />Series 1988 Bonds, the Commission may, from time to time and at any <br />time, adopt such resolutions supplemental hereto (which supplemental <br />resolutions shall thereafter form a part hereof): <br />(a) To cure any ambiguity or formal defect or <br />omission in this Series 1988 Bond Resolution or in <br />any supplemental resolution; or <br />(b) To grant to or confer upon the owners of the <br />Series 1988 Bonds any additional benefits, rights, <br />remedies, powers, authority or security that may <br />lawfully be granted to or conferred upon the owners <br />of the Series 1988 Bonds or to make any change <br />which, in the judgment of the Commission, is not to <br />the prejudice of the owners of the Series 1988 <br />Bonds. <br />(c) To modify, amend or supplement this Series 1988 <br />Bond Resolution to permit the qualification of the <br />Series 1988 Bond for sale under the securities laws <br />of the United States of America or of any of the <br />states of the United States of America or to obtain <br />or maintain bond insurance with respect to payments <br />of principal of and interest on the Series 1988 <br />Bonds; <br />(d) To provide for the refunding or advance <br />refunding of the Series 1988 Bonds; <br />(e) To procure a rating on the Series 1988 Bonds <br />from a nationally recognized securities rating <br />agency designated in such supplemental resolution, <br />if such supplemental resolution will not adversely <br />affect the owners of the Series 1988 Bonds; and <br />(f) Any other purpose which in the judgment of the <br />Commission does not adversely impact the interest of <br />the owners of the Series 1988 Bonds. <br />MZL <br />