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<br />Agreement and the Bond Purchase Agreement and to provide the security for payment of
<br />the Bond Service Charges in the manner and to the extent set forth in this Indenture.
<br />(b) All actions required on its part to be performed for the issuance, sale
<br />and delivery of the Project Bonds and for the execution and delivery by the Issuer of this
<br />Indenture, the Agreement and the Bond Purchase Agreement have been or will be taken
<br />duly and effectively.
<br />(c) The Project Bonds will be valid and binding special and limited
<br />obligations of the Issuer, enforceable in accordance with their terms.
<br />END OF ARTICLE X
<br />
<br />
<br />ARTICLE XI
<br />AMENDMENTS TO THE AGREEMENT, THE NOTES, THE LETTER OF CREDIT
<br />AND THE CONFIRMING LETTER OF CREDIT
<br />Section 11.01. Amendments Not Requiring Consent of Holders.Without the consent of or
<br />notice to the Holders, the Issuer and the Trustee, with the written consent of the Bank, and the
<br />written consent of the Confirming Bank during any period when a Confirming Letter of Credit is
<br />in effect, may consent to any amendment, change or modification of the Agreement, a Note, the
<br />Letter of Credit or the Confirming Letter of Credit, if any, as may be required (a) by the provisions
<br />of the Agreement, a Note, the Letter of Credit, the Confirming Letter of Credit, if any, or this
<br />Indenture, (b) in connection with the issuance of any Additional Bonds under this Indenture, (c)
<br />for the purpose of curing any ambiguity, inconsistency or formal defect or omission in the
<br />Agreement, a Note, the Letter of Credit, the Confirming Letter of Credit, if any, or the Indenture,
<br />(d) in connection with an amendment or to effect any purpose for which there could be an
<br />amendment of this Indenture pursuant to Section 8.02 hereof, or (e) in connection with any other
<br />change therein which is not to the prejudice of the Trustee or the Holders of the Bonds, in the
<br />judgment of the Trustee; provided, that if the Bonds of any series are then rated by a Rating
<br />Service, no amendment, change or modification of the Letter of Credit or the Confirming Letter
<br />of Credit, if any, shall be consented to by the Issuer or the Trustee unless such Rating Service
<br />shall have confirmed in writing that such rating will not be reduced or withdrawn if such
<br />amendment, change or modification is made.
<br />
<br />Section 11.02. Amendments Requiring Consent of Holders.Except for the amendments,
<br />changes or modifications contemplated by Section 11.01 hereof, neither the Issuer nor the Trustee
<br />shall consent to:
<br />
<br />(a) any amendment, change or modification of the Agreement, a Note, the
<br />Letter of Credit or the Confirming Letter of Credit, if any, which would change the amount
<br />or times as of which Loan Payments or drawings on the Letter of Credit or the Confirming
<br />Letter of Credit, if any, are required to be paid, without the giving of notice as provided in
<br />this Section of the proposed amendment, change or modification and receipt of the written
<br />consent thereto of the Bank, and the written consent of the Confirming Bank during any
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