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ARTICLE VII <br />SUPPLEMENTAL RESOLUTIONS <br />SECTION 7.01. SUPPLEMENTAL RESOLUTION WITHOUT <br />BONDHOLDERS' CONSENT. The Issuer, from time to time and at any time, may adopt such <br />Supplemental Resolutions without the consent of the Bondholders (which Supplemental <br />Resolution shall thereafter form a part hereof) for any of the following purposes: <br />(A) To cure any ambiguity or formal defect or omission or to correct any inconsistent <br />provisions in this Resolution or to clarify any matters or questions arising hereunder. <br />(B) To grant to or confer upon the Bondholders any additional rights, remedies, powers, <br />authority or security that may lawfully be granted to or conferred upon the Bondholders. <br />(C) To add to the conditions, limitations and restrictions on the issuance of Bonds under <br />the provisions of this Resolution other conditions, limitations and restrictions thereafter to be <br />observed. <br />(D) To add to the covenants and agreements of the Issuer in this Resolution other <br />covenants and agreements thereafter to be observed by the Issuer or to surrender any right or power <br />herein reserved to or conferred upon the Issuer. <br />(E) To specify and determine the matters and things referred to in Section 2.01 hereof, <br />including the issuance of any Series of Bonds, and also any other matters and things relative to <br />such Bonds which are not contrary to or inconsistent with this Resolution as theretofore in effect, <br />or to amend, modify or rescind any such authorization, specification or determination at any time <br />prior to the first delivery of such Bonds. <br />(F) To change or modify the description of the Project. <br />(G) To specify and determine matters necessary or desirable for the issuance of <br />Variable Rate Bonds, Federal Subsidy Bonds or Capital Appreciation Bonds, or the execution and <br />delivery of a Hedge Agreement. <br />(H) To authorize any Project. <br />(I) To make any other change that, in the opinion of the Issuer, would not materially <br />adversely affect the security for the Bonds. In making such determination, the Issuer shall not take <br />into consideration any Bond Insurance Policy. <br />33 <br />