1994-05-17 Resolution 91 - Laserfiche WebLink

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(a) To cure any ambiguity or formal defect or omission in • this Agreement, or in any supplemental agreement, which does not adversely affect the rights of the Bondholders; (b) to grant to or confer upon the Trustee, for the benefit of the Bondholders, any additional benefits, rights, remedies, powers, authority or security that may lawfully be granted to or conferred upon the Bondholders or the Trustee; (c) to modify, amend or supplement this Agreement to permit the qualification of the Bonds for sale under the securities laws of the United States of America or of any of the states of the United States of America or to obtain or maintain bond insurance with respect to payments of principal of and interest on the Bonds; (d) to provide for the refunding or advance refunding of the Bonds in whole or in part; (e) to designate a person to act as successor depository and authorize the execution of a new representations letter, or to provide for the execution and authentication of certificates for the Bonds and delivery of such certificates to the beneficial owners of the Bonds pursuant to Section 2.10 hereof; and (f) to procure or maintain a rating on the Bonds from a nationally recognized securities rating agency designated in such • supplemental agreement, if such supplemental agreement will not adversely affect the owners of the Bonds. Sec. 10.02. Subject to the terms and provisions contained in this section, and not otherwise, the holders of not less than sixty -six and two - thirds percent (66 -2/3 %) in aggregate principal amount of the Bonds then outstanding shall have the right from time to time, anything contained in this Agreement to the contrary notwithstanding, to consent to and approve the 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 modifying, altering, amending, adding to or rescinding, in any particular, 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 • -43-