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1994-06-21 Minutes
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1994-06-21 Minutes
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Remarketing Agent, as the case may be; provided, however, that the <br />• Trustee,. in its capacity as Remarketing Agent, shall not be <br />required to remarket Bonds, or to determine the interest rate on <br />the Bonds except in the manner provided in Article II hereof. <br />The Remarketing Agent for its own account or as broker <br />or agent for others may deal in Bonds and may do anything any other <br />Bondholder may do to the same extent as if the Remarketing Agent <br />were not serving as such. <br />Section 1019. Qualifications of Remarketing Agent. The <br />Remarketing Agent shall have a capitalization of at least <br />$30,000,000, shall be authorized by law to perform all the duties <br />contemplated by this Indenture to be performed by the Remarketing <br />Agent and shall have knowledge and experience in the remarketing <br />of securities such as the Bonds and a remarketing portfolio (at the <br />time of such appointment) of at least $100,000,000. <br />ARTICLE XI <br />SUPPLEMENTAL INDENTURES <br />Section 1101. Supplemental Indentures Not Requiring <br />Consent of Bondholders. Subject to the limitation set forth in <br />Section 1102 hereof with respect to this Section 1101, the <br />• Authority and the Trustee may, without the consent of, or notice <br />to, any of the Bondholders, but only with the consent of the Credit <br />Facility Issuer (which consent shall not be unreasonably withheld), <br />enter into an indenture or indentures supplemental to this <br />Indenture, as shall not be inconsistent with the terms and <br />provisions hereof, for any one or more of the following purposes: <br />(a) to cure any ambiguity or formal defect or omission <br />in this Indenture; <br />(b) to grant to or confer upon the Trustee for the <br />benefit of the Bondholders any additional rights, remedies, powers <br />or authority that may lawfully be granted to or conferred upon the <br />Bondholders and the Trustee, or either of them; <br />(c) to assign and pledge under or subject to this <br />Indenture additional revenues, properties or collateral; <br />(d) to evidence the appointment of a separate Trustee <br />or the succession of a new Trustee hereunder; <br />(e) to permit the qualification of this Indenture under <br />the Trust Indenture Act of 1939, as then amended, or any similar <br />federal statute hereafter in effect or to permit the qualification <br />of the Bonds for sale under the securities laws of any state of the <br />United States; <br />• 98 <br />
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