Orange County NC Website
37 <br /> (B) the information to be provided, as modified, would have complied with <br /> the requirements of Rule 15c2-12 as of the date of the final Official Statement, after <br /> taking into account any amendments or interpretations of Rule 15c2-12, as well as <br /> any changes in circumstances; and <br /> (C) any such modification does not materially impair the interests of the <br /> beneficial owners, as determined either by parties unaffiliated with the County or by <br /> the approving vote of the Majority Owners pursuant to the terms of this Trust <br /> Agreement, as it may be amended from time to time, at the time of the amendment. <br /> Any annual financial information containing modified operating data or <br /> financial information will explain, in narrative form, the reasons for the modification <br /> and the impact of the change in the type of operating data or financial information <br /> being provided. <br /> The provisions of this Section will terminate upon payment, or provision <br /> having been made for payment, in a manner consistent with Rule 15c2-12, in full of <br /> the principal of and interest on all the Bonds. <br /> Section 4.02. Definition of "Restricted Yield." With respect to the 2019 <br /> Bonds, a "Restricted Yield" means a "yield," within the meaning of Treas. Regs. Secs. <br /> 1.103-13(c), -13(d), 1.148-9T(a), or any successor or other provision that may be <br /> applicable, not in excess of a "yield" equal to %. <br /> ARTICLE V <br /> MISCELLANEOUS PROVISIONS <br /> Section 5.01. Notices. <br /> (a) Any communication provided for in this Supplemental Agreement or <br /> the 2019 Bonds must be in writing (not to include facsimile transmission or <br /> electronic mail, except as provided in Section 3.03). <br /> (b) Any communication under this Supplemental Agreement will be <br /> deemed given on the delivery date shown on a United States Postal Service certified <br /> 15 <br />