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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project
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ARTICLE IX. <br /> SUPPLEMENTAL INDENTURES <br /> Section 9.1. Supplemental Indentures Not Requiring Consent of Bondholders. <br /> The Issuer and the Trustee may without the consent of, or notice to,any of the Bondholders,enter <br /> into an indenture or indentures supplemental to this Indenture;as shall not be inconsistent with the <br /> terms and provisions hereof, for any one or more of the following purposes: <br /> (a) To cure any ambiguity or formal defect or omission in this Indenture; <br /> (b) To grant to or confer upon the Trustee for the benefit of the Bondholders any <br /> additional rights,remedies,powers or authority that may lawfully be granted to or conferred upon <br /> the Bondholders or the Trustee or any of them; <br /> (c) To subject to this Indenture additional revenues, properties or collateral; <br /> (d) To make any other change in this Indenture which is not to the prejudice of the <br /> Trustee, the Issuer or the holders of the Bonds; <br /> (e) To modify, amend or supplement the Indenture in such manner as required to <br /> permit the qualification thereof under the Trust Indenture Act of 1939, as amended, or any similar <br /> Federal statute hereafter in effect, and, if they so determine, to add to the Indenture such other <br /> terms, conditions and provisions as may be required by said Trust Indenture Act of 1939, as <br /> amended, or similar federal statute; or <br /> (f) To achieve compliance of this Indenture with any applicable federal securities or <br /> tax law. <br /> Section 9.2. Supplemental Indentures Requiring Consent of Bondholders. <br /> Exclusive of supplemental indentures covered by Section 9.1 hereof, and subject to the terms and <br /> provisions contained in this Section, and not otherwise, the Requisite Bondholders shall have the <br /> right, from time to time, anything contained in this Indenture to the contrary notwithstanding, to <br /> consent to and approve the execution by the Issuer and the Trustee of such other indenture or <br /> indentures supplemental hereto as shall be deemed necessary and desirable by the Issuer for the <br /> purpose of modifying, altering, amending, adding to or rescinding, in any particular, any of the <br /> terms or provisions contained in this Indenture or in any supplemental indenture; provided <br /> however, that nothing in this section contained shall permit or be construed as permitting (except <br /> as otherwise permitted in this Indenture)(a) an extension of the stated maturity or reduction in the <br /> principal amount of, or reduction in the rate or extension of the time of paying of interest on, any <br /> Bonds, without the consent of the holder of such Bond, or (b) a reduction in the amount or <br /> extension of the time of any payment required by any sinking fund applicable to any Bonds without <br /> the consent of the holders of all the Bonds which would be affected by the action to be taken, or <br /> (c) a reduction in the aforesaid aggregate principal amount of Bonds the holders of which are <br /> required to consent to any such supplemental indenture, without the consent of the holders of all <br /> the Bonds at the time outstanding which would be affected by the action to be taken, or (d) a <br /> modification of the rights, duties or immunities of the Trustee, without the written consent of the <br /> Trustee, or(e)a privilege or priority of any Bond over any other Bonds,or(f)deprive the owners <br /> of any Bonds then outstanding of the lien thereby created. <br /> 36 <br />
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