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owners of the Bonds shall have any right in any manner whatsoever • to affect, disturb or prejudice the lien of this Indenture by any action or to enforce any right hereunder except in-the manner herein provided, and that all proceedings at law or in equity shall be instituted, had and maintained in the manner herein provided and for the equal benefit of the owners of all Bonds outstanding. Nothing in this Indenture contained shall, however (a) affect or impair the right of any owner to enforce the payment of the principal of and interest on any Bond at and after the Maturity thereof, (b) affect or impair the obligation of the Authority to pay the principal of and interest on each of the Bonds issued hereunder to the respective owners thereof at the time and place, from the source and in the manner in said Bonds expressed or (c) create any right or claim in owners of Bonds bearing interest at a Fixed Rate or at an Adjustable Long Rate for the period after the Stated Expiration Date in or to any moneys drawn under the Credit Facility or otherwise made available under any Alternate Credit Facility. Nothing herein shall limit the rights granted to the Credit Facility Issuer under this Indenture. Furthermore, upon payment of principal of and interest on the Bonds, the Credit Facility Issuer shall be subrogated to the rights of the holders of such Bonds for the purposes of this Indenture. Section 910. Termination of Proceedings. In case the Trustee shall have proceeded to enforce any right under this Indenture by the appointment of a receiver, or otherwise, and such • proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely to the Trustee, then and in every case the Authority and the Trustee shall, subject to any determination in such proceeding, be restored to their former positions and rights hereunder with respect to the property pledged and assigned hereunder, and all rights, remedies and powers of the Trustee shall continue as if no such proceedings had been taken. Section 911. Waiver of Events of Default. The Trustee may, in its discretion, with the consent of the Credit Facility Issuer, subject to Section 1401 hereof, but without any action on the part of the Bondholders, waive any Event of Default hereunder and its consequences and rescind any declaration of acceleration of principal, and shall do so upon written request of the Credit Facility Issuer, subject to Section 1401 hereof, or upon written request of the owners of (a) at least 51% in aggregate principal amount of all the Bonds outstanding in respect of which default in the payment of principal and/or interest exists, or (b) at least 51% in aggregate principal amount of all the Bonds outstanding, with the consent of the Credit Facility Issuer, subject to Section 1401 hereof, in the case of any other event of default; provided, however that there shall not be waived (i) any Event of Default in the payment of the principal of any outstanding Bonds when due whether by mandatory redemption through the Sinking Fund or at the dates of Maturity specified therein, or (ii) any default • 84