Resolution No. 4624 - Laserfiche WebLink

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(B) To add to the covenants and agreements of the City in this Master Resolution, other covenants and agreements to be observed by the City which are not contrary to or inconsistent with this Master Resolution as theretofore in effect; (C) To authorize issuance of Bonds or Subordinate Obligations; (D) To modify, amend or supplement this Master Resolution or any Supplemental Resolution to qualify this Master Resolution under the Trust Indenture Act of 1939, as amended, or any similar federal statute hereafter in effect or to permit the qualification of any Bonds for sale under the securities laws of any of the states of the United States of America; (E) To confirm, as further assurance, any security interest or pledge created under this Master Resolution or any Supplemental Resolution; (F) To make any change which, in the reasonable judgment of the City, does not materially and adversely affect the rights of the Owners of any Outstanding Bonds or the rights or obligations hereunder of any Credit Facility Provider; (G) So long as a Credit Facility (other than a Reserve Credit Facility) is in full force and effect with respect to the Bonds affected by such Supplemental Resolution, to make any other change which is consented to in writing by the issuer of such Credit Facility other than any change which: (1) would result in a downgrading or withdrawal of the rating then assigned to the affected Bonds by the Rating Agencies; or (2) changes the maturity (except as permitted herein), the Interest Payment Dates, interest rates, redemption and purchase provisions, and provisions regarding notices of redemption and purchase applicable to the affected Bonds or diminishes the security afforded by such Credit Facility; or (3) materially and adversely affects the rights and security afforded to the Owners of any Outstanding Bonds not secured by such Credit Facility. (H) To modify any of the provisions of this Master Resolution or any Supplemental Resolution in any other respect whatever, as long as the modification shall take effect only after all affected Outstanding Bonds cease to be Outstanding. 10.2 Amendment with Owner Consent. This Master Resolution may be amended for any other purpose only upon consent of Owners of not less than fifty-one percent (51 %) in aggregate principal amount of the Bonds outstanding; provided, however, that no amendment shall be valid without the consent of Owners of 100 percent of the aggregate principal amount of the Bonds outstanding which: (A) Extends the maturity of any Bond, reduces the rate of interest upon any Bond, extends the time of payment of interest on any Bond, reduces the amount of principal payable on any Bond, or reduces any premium payable on any Bond, without the consent of the affected Owner; or Page 18 - Resolution March 23, 2000