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1988-06-17 Resolution 8
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1988-06-17 Resolution 8
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7/17/2008 11:50:07 AM
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Sec. 10.05. Notwithstanding anything contained in the <br />• foregoing provisions of this Agreement, the rights and <br />obligations of the Authority and of the holders of the Bonds, and <br />the terms and provisions of the Bonds and this Agreement, or any <br />supplemental agreement, may be modified or altered in any respect <br />with the consent of the Authority and the consent of the holders <br />of all the-Bonds then outstanding. <br />ARTICLE XI. <br />Miscellaneous Provisions <br />Sec. 11.01. Any covenant of the Authority set forth in <br />this Agreement may be waived or modified in whole or in part with <br />the written consent. of the Authority and the Trustee without the <br />necessity of obtaining the consent of the Bondholders and without <br />the execution and delivery of a supplemental agreement. <br />Sec. 11.02. Any notice or demand which by any provision <br />of this Agreement is required or permitted to be given or served <br />by the Trustee on the Authority shall be deemed to have been- <br />sufficiently given or served for all purposes, by being <br />deposited, .postage prepaid, in a United States Post Office letter <br />box, addressed (until another address is filed in writing by the <br />Authority with the Trustee for that purpose) as follows: <br />South Bend Redevelopment Authority <br />1200 County-City Building <br />227 West Jefferson Blvd. <br />South Bend, Indiana 46601 <br />Any notice or demand which by any provision of this <br />Agreement is required or permitted to be given or served by the <br />Authority on the Trustee shall be deemed to have been <br />sufficiently given or served for all purposes, by being <br />deposited, postage prepaid, in a United States Post Office letter <br />box, addressed (until another address is filed in writing by the <br />Trustee with the Authority for that purpose) as follows: <br />First Interstate Bank of Northern <br />Indiana, N.A. <br />112 West Jefferson Boulevard <br />P.O. Box 1512 <br />South Bend, Indiana 46634 <br />Attention: <br />Sec. 11.03. In any case where the date of maturity of <br />interest on or principal of the Bonds or the date fixed for <br />redemption of any Bonds shall be in the city of payment a <br />Saturday, Sunday or a legal holiday or a day on which banking <br />institutions are authorized by law to close, then payment of <br />interest or principal may be made on the succeeding business day <br />with the same force and effect as if made on the date of maturity <br />. on the date fixed for redemption. <br />-33- <br />
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