Agenda - 11-16-2010 - 4k - Laserfiche WebLink

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• Section 10.06. Notation on or Exchange of Bonds. If an amendment or supplement changes the terms of a Bond, the Trustee may require the Owner of such Bond to deliver it to the Trustee. The Trustee may place an appropriate notation on the Bond about the changed terms and return it to the Owner. Alternatively, if the Trustee, the Company and the County so determine, the Company, in exchange for the Bond, will execute, and the Trustee will authenticate and deliver, a new Bond that reflects the changed terms. Section 10.07. Trustee's Execution of Amendments and Supplements. The Trustee will execute and deliver any amendment or supplement to the Trust Agreement or the Bonds authorized by this Article if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee, as the Trustee may determine. If the amendment or supplement has such an adverse effect, the Trustee may, but need not, execute and deliver the same. In executing and delivering an amendment or supplement, the Trustee will be entitled to receive and (subject to Section 9.01) will be fully protected in relying on an Opinion of Counsel stating that such amendment or supplement is authorized by this Trust Agreement. Section 10.08. County's Consent Required. No amendment or supplement to this Trust Agreement, the Bonds, the Financing Contract or the Deed of Trust will • become effective unless the County delivers to the Trustee its prior written consent to the amendment or supplement. Section 10.09. LGC's Consent Required. No amendment or supplement to this Trust Agreement, the Bonds, the Financing Contract or the Deed of Trust will become effective unless the LGC delivers to the County and the Trustee its prior written consent to the amendment or supplement. Section 10.10. Notice of Amendments and Supplements. The Trustee shall cause notice of the execution of any supplement or amendment to this Agreement, the Bonds or the Contract to be mailed to the Owners. The notice will, at the Trustee's option, either (a) briefly state the nature of the amendment or supplement and that copies of it are on file with the Trustee for inspection by Owners, or (b) enclose a copy of such amendment or supplement. The Trustee shall also cause the notice provided for in the previous paragraph to be sent by first-class mail to Standard & Poor's Ratings Services, Attn: Public Finance - Document Change Notices, 55 Water Street, New York, NY 10041: Section 10.11. Owners' Consents. Any consent or other instrument required by • this Trust Agreement to be signed by Owners may be. in any number of concurrent documents and may be signed by an Owner or by the Owner's agent appointed in writing. Proof of the execution of such instrument or of the instrument appointing an agent and of the ownership of Bonds, if made in the following manner, will be conclusive for any purposes of this Trust Agreement with regard to any action taken by the Trustee. 28