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a~ <br />(4) unscheduled draws on any credit enhancements reflecting financial <br />difficulties; <br />(5) substitution of credit or liquidity providers, or their failure to perform; <br />(6) adverse tax opinions or events affecting the tax-exempt status of the <br />Bonds; <br />(7) modifications to rights of the beneficial owners of the Bonds; <br />(8) Bond calls; <br />(9) defeasances; <br />(10) release, substitution or sale of any property securing repayment of the <br />Bonds; and <br />(11) rating changes; and <br />(d) in a timely manner, to each NRMSIR or to the MSRB, and to the SID, <br />if any, notice of a failure of the County to provide required annual financial <br />information described in (a) or (b) above on or before the date specified. <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 <br />all beneficial owners with respect to such undertaking, including an action for <br />specific perforrnance; provided, however, that failure to comply with such <br />undertaking will not be an event of default and will not result in any acceleration of <br />payment of the Bonds. All artions will be instituted, had and maintained in the <br />manner provided in this paragraph for the benefit of all beneficial owners of the <br />Bonds. <br />The County reserves the right to modify from time to time the information to <br />be provided to the extent necessary or appropriate in the County's ,judgment, <br />provided that: <br />Orange 04 GO bond resolution BR <br />