1988-06-17 Resolution 6 - Laserfiche WebLink

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(f) any other purpose which in the judgment of the Trustee does not adversely impact the interest of the • Bondholders. Sec.. 10.02. Subject to the terms and provisions contained in'this section, and not otherwise, the holdnraggregate less than sixty-six and two-thirds percent (66-2/3~) principal amount of the Bonds then outstanding shall have the right from time to time, anything contained in thisrogeethent to the contrary notwithstanding, to consent to and .app execution by the Authority and the .Trustee of such agreement or agreements supplemental hereto as shall be deemed necessary or desirable by the Authority for the purpose of modifyiagticular, altering, amending, adding to or rescinding, in any p any of the terms or provisions contained in this Agreement or in any supplemental agreement; provided, however, that nothing herein contained shall permit or be construed as permitting: (a) an extension of the maturity of the principal or interest on any Bond issued hereunder; or (b) a reduction in the principal amount of any Bond or the redemption premium or the rate of interest thereon; or (c) a preference or priority of any Bond or Bonds over any other Bond or Bonds; or i (d) a reduction of the Bonds required agreement. in the.aggregate principalemental for consent to such supp Nothing herein contained, however, shall be construed as making necessary the approval by the Bondholders of the execution of any supplemental agreement or agreements as authorized in Section 10.01 of this Article. If at any time the Authority shall request the Trustee to enter into any supplemental agreement for any of the purposes of this section, the Trustee shall, at the expense of the Authority, give notice by mail, postage prepaid, to all registered owners of Bonds.. Such notice shall briefly set forth the nature of the proposed supplemental agreement and shall state that a copy thereof is on file at the office of the Trustee for inspection by all Bondholders. The Trustee shall not, however, be subject to any liability to any Bondholder by reason of its failure to mail the notice required by this section, and any such failure shall not affect the validity of such supplemental agreement when consented to and approved as provided in this section. Whenever, at any time within one (1) year after mailing of such notice, the Authority shall deliver to the Trustee an instrument or instruments purporting to be executed by the • holders of not less than sixty-six and two-thirds percent (66-2/3~) in aggregate principal amount of the Bonds then -39-