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05-13-2020 Council Packet
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05-13-2020 Council Packet
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9/10/2021 5:03:13 PM
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12316306v3 <br />A-4 <br />forth, the Bonds of this series are exchangeable for a like aggregate principal amount of Bonds of <br />this series of a different authorized denomination, as requested by the registered owner or his/her <br />duly authorized attorney upon surrender thereof to the Trustee. <br />In case an event of default as defined in the Indenture or Loan Agreement occurs, the <br />principal of this Bond and all other Bonds outstanding may be declared or may become due and <br />payable prior to the stated maturity hereof in the manner and with the effect and subject to the <br />conditions provided in the Indenture, but no owner of any Bond shall have any right to enforce <br />the provisions of the Indenture, Loan Agreement, or Mortgage, except as provided in the <br />Indenture. <br />With the consent of the Issuer and Trustee and to the extent permitted by and as provided <br />in the Indenture, the terms and provisions of the Indenture, Loan Agreement, and Mortgage, or <br />of any instrument supplemental thereto, may be modified or altered by the assent or authority of <br />the holders of at least 66 2/3% in aggregate principal amount of the Bonds then outstanding <br />thereunder. <br />It is hereby certified and recited: that all acts, conditions and things required to be done <br />precedent to and in the issuance of this Bond and the series of which it is a part have been <br />properly done, have happened and have been performed in regular and due time, form and <br />manner as required by law; and that this Bond and the series of which it is a part does not <br />constitute a debt of the Issuer within the meaning of any constitutional or statutory limitation. <br />This Bond shall not be valid or become obligatory for any purpose until it shall have been <br />authenticated by the execution of the certificate hereon endorsed by the Trustee under the <br />Indenture.
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