Ordinance 3405-14 - Laserfiche WebLink

the consent of any Registered Owners, but with the consent of the Credit Facility Provider (if any) unless such modification or amendment could reasonably be expected not to have a material adverse effect on the rights or interests of the Credit Facility Provider, only to the extent permitted by law and only for any one or more of the following purposes: (1) to add to the covenants and agreements of the City contained in this ordinance other covenants and agreements thereafter to be observed, to pledge or assign additional security for the Bonds (or any portion thereof), or to surrender any right or power herein reserved to or conferred upon the City, provided, that no such covenant, agreement, pledge, assignment or surrender shall materially adversely affect the interests of the Registered Owners; (2) to make such provisions for the purpose of curing any ambiguity, inconsistency or omission, or of curing or correcting any defective provision, contained in this ordinance, or in regard to matters or questions arising under this ordinance, as the City may deem necessary or desirable and not inconsistent with this ordinance, and which shall not materially adversely affect the interests of the Registered Owners; (3) to modify, amend or supplement this ordinance in such manner as to permit the qualification hereof under the Trust Indenture Act of 1939, as amended, or any similar federal statute hereafter in effect, and to add such other terms, conditions and provisions as may be permitted by said act or similar federal statute, and which shall not materially adversely affect the interests of the Registered Owners; (4) to evidence or give effect to, or to conform to the terms and provisions of, any Liquidity Facility; -102- P 120287 CMW120287 AMT 10/14/14