Ordinance 2557-01 - Laserfiche WebLink

action shall not impair the security hereof or adversely affect the interests of the Registered Owners; or (c) to provide or modify procedures permitting Registered Owners to utilize a certificated system of registration for Bonds; or (d) to modify, alter, amend, supplement or restate this ordinance in any and all respects necessary, desirable or appropriate in connection with the delivery of a letter of credit, standby bond purchase agreement or other security or liquidity arrangement; or (e) to modify the provisions for optional or mandatory redemption at the commencement of the Fixed Mode; or (f) to modify, alter, amend, supplement or restate this ordinance in any and all respects necessary, desirable or appropriate to satisfy the requirements of any Rating Agency that may from time to time provide a rating on the Bonds, or in order to obtain or retain such rating on the Bonds as is deemed necessary by the City; or (g) for any purpose, if such amendment becomes effective only following a mandatory tender of all Bonds for purchase. Section 7.08. Amendments With Registered Owners' Consent. This ordinance may be amended from time to time by a supplemental ordinance approved by the Registered Owners of 51% in aggregate principal amount of the Bonds then Outstanding; provided, that (a)no amendment shall be made that affects the rights of some but fewer than all of the Registered Owners of the Outstanding Bonds without the consent of the Registered Owners of 51% in aggregate principal amount of the Bonds so affected, and (b) except as expressly authorized hereunder, no amendment that alters the interest rates on any Bonds, the maturity date, Interest Payment Dates, purchase upon tender or redemption provisions of any Bonds, this Section 7.08 -52- P\CMW\CMW4ZL 11/20/01