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r + ` <br /> (2 ) Reduce the aforesaid percentage of bondholders <br /> required to approve any such supplemental ordinance, without the <br /> consent of the holders of all of the Parity Bonds then <br /> outstanding. <br /> It shall not be necessary for the consent of bondholders <br /> under this subsection B to approve the particular form of any <br /> proposed supplemental ordinance, but it shall be sufficient if <br /> such consent shall approve the substance thereof. <br /> C. Upon the adoption of any supplemental ordinance pursuant <br /> to the provisions of this section, this ordinance shall be deemed <br /> to be modified and amended in accordance therewith, and the <br /> respective rights, duties and obligations of the City under this <br /> ordinance and all holders of Parity Bonds outstanding hereunder <br /> shall thereafter be determined, exercised and enforced thereunder, <br /> subject in all respects to such modification and amendments, and <br /> all terms and conditions of any such supplemental ordinance shall <br /> be deemed to be part of the terms and conditions of this ordinance <br /> for any and all purposes. <br /> D. Parity Bonds executed and delivered after the execution <br /> of any supplemental ordinance passed pursuant to the provisions of <br /> this section may have a notation as to any matter provided for in <br /> such supplemental ordinance, and if such supplemental ordinance <br /> shall so provide, new bonds so modified as to conform, in the <br /> opinion of the Council, to any modification of this ordinance <br /> contained in any such supplemental ordinance, may be prepared and <br /> delivered without cost to the holders of any affected Parity Bonds <br /> then outstanding, upon surrender for cancellation of such bonds <br /> with all unmatured coupons and all matured coupons not fully paid, <br /> in equal aggregate principal amounts. <br /> -50- WMD202 85/06/10 <br />