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18 <br /> agreement relating to any such actions, other than pursuant to its terms, if material; <br /> and <br /> (14) Appointment of a successor or additional trustee or the change of name <br /> of a trustee, if material; and <br /> (d) in a timely manner, notice of a failure of the County to provide required <br /> annual financial information described in (a) or (b) above on or before the date <br /> specified. <br /> For the purposes of the event identified in subparagraph (12) above, the <br /> event is considered to occur when any of the following occurs: the appointment of a <br /> receiver, fiscal agent or similar officer for an Obligated Person in a proceeding under <br /> the U.S. Bankruptcy Code or in any other proceeding under state or federal law in <br /> which a court or governmental authority has assumed jurisdiction over <br /> substantially all of the assets or business of the Obligated Person, or if such <br /> jurisdiction has been assumed by leaving the existing governing body and officials <br /> or officers in possession but subject to the supervision and orders of a court or <br /> governmental authority, or the entry of an order confirming a plan of <br /> reorganization, arrangement or liquidation by a court or governmental authority <br /> having supervision or jurisdiction over substantially all of the assets or business of <br /> the Obligated Person. <br /> If the County fails to comply with the undertaking described above, any <br /> beneficial owner of the Bonds may take action to protect and enforce the rights of all <br /> beneficial owners with respect to such undertaking, including an action for specific <br /> performance; provided, however, that failure to comply with such undertaking will <br /> not be an event of default and will not result in any acceleration of payment of the <br /> Bonds. All actions will be instituted, had and maintained in the manner provided in <br /> this paragraph for the benefit of all beneficial owners of the Bonds. <br /> The County shall provide the documents and other information referred to <br /> above to the MSRB in an electronic format as prescribed by the MSRB and <br /> accompanied by identifying information as prescribed by the MSRB. <br />