1987-139 - Laserfiche WebLink

Home Browse Search

at times and in amounts sufficient to provide for the payment of the principal or Redemption Price of and interest on, and the purchase price of, the Bonds when due and (B) payments by the Borrower at such times and in such amounts, and the deposit of such payments in such accounts and at such times, as may be necessary to obtain such substitute Credit Facility, maintain the ratings then borne by the Bonds or otherwise protect the interests of the Bondholders; (i) to provide for the registration of the Bonds under a book -entry system; or (j) to make any other change in this Indenture, provided that such change shall not become effective with respect to any Bond until the immediately succeeding Tender Date applicable to such Bond and provision shall have been made for the giving of notice of such change to subsequent purchasers of such Bond. Section 8.02. Supplgmental Indentures Requiring Consent of Bondholders. At any time or from time to time with the consent of the holders of a majority of the Bonds, the Issuer and the Trustee may enter into a Supplemental Indenture amending or supplementing this Indenture, any Supplemental Indenture or any Bond to modify any of the provisions of this Indenture, any Supplemental Indenture or any Bond or to release the Issuer from any of the obligations, covenants, agreements, limitations, conditions or restrictions therein contained; provided, however, that nothing contained herein shall permit (i) a change in any terms of redemption or purchase of any Bond, the due date for the payment of the principal of or interest on any Bond or any reduction in the principal, Redemption Price or purchase price of or interest on any Bond without the consent of the Holder of such Bond or (ii) the creation of a claim or lien upon, or a pledge of, the Revenues ranking prior to or on a parity with the claim, lien and pledge created by this Indenture, a preference or priority of any Bond over any other Bond or a reduction in the percentage of the aggregate principal amount of Bonds the consent of the holders of which is required for any modification of this Indenture, without the unanimous consent of the Bondholders. Section 8.03. Notation on Bonds. Bonds authenticated and delivered after the effective date of any action taken as provided in this Article VIII may, and if the Trustee or the Issuer so determines, shall, bear a notation by endorsement or otherwise in form approved by the Trustee of such action, and, upon demand of the holder of any Outstanding Bond at such effective date and presentation of such Bond for such purpose to the Trustee, the Trustee shall make suitable notation on such Bond of any such action. If the Issuer or the Trustee shall so determine, new Bonds so modified as in the opinion of the Trustee conform to such action shall be prepared, authenticated and delivered, and upon demand of the Holder of any Outstanding Bond and surrender of such Bond to the Trustee, such Bond shall be exchanged, without cost to such Holder, for a new Bond so modified. - 55 -