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Section 5. Amendments. The City reserves the right to amend the provisions of this resolution, on the following conditions: 5.01. Amendments Without Consent of Bondholders. The City reserves the right to amend this resolution from time to time and at any time for the purpose of (a) clarifying any ambiguity, curing, correcting or supplementing any defective provision, (b) making such provisions with regard to matters or questions arising hereunder as the City Council may deem necessary or desirable and are not inconsistent with this resolution, and which shall not, in the judgment of the City Council, adversely affect the interest of the owners of the bonds, (c) adding to the covenants and agreements herein contained, or to the revenues herein pledged, other covenants and agreements thereafter to be observed and additional revenues thereafter appropriated to the Liquor Store Fund, (d) surrendering any right or power herein reserved to or conferred upon the City, and (e) authorizing the issuance of refunding bonds or additional bonds in the manner and subject to the terms and conditions prescribed in Sections 3.05 and 3.06. Any such amendment may be adopted by resolution, without the consent of the owners of any of the i bonds. 5.02. Amendments With Consent of Bondholders. With the consent of owners of bonds as provided in Section 5.03, the City may from time to time and at any time amend this resolution by adding any provisions hereto or changing in any manner or eliminating any of the provisions hereof, or of any amending resolution except that no amendment shall be adopted at any time without the consent of the owners of all bonds affected thereby which are then outstanding, if it _ would (a) extend the maturities of any such bonds, (b) reduce the rate or extend the time of payment of interest thereon, (c) reduce the amount or extend-the time of payment of the principal or redemption premium thereof, (d) give to any bond or bonds any privileges over any other bond or bonds, (e) reduce the sources of revenues appropriated to the Liquor Store Fund, (d) authorize the creation of a pledge of said revenues prior to or on a parity with the bonds (except as is authorized by Sections 3.05 and 3.06), or (g) reduce the percentage in principal amount of such bonds required to authorize or consent to any such amendment. 5.03. Consents. Any amendment adopted pursuant to Section 5.02 shall be made by resolution, mailed to the registered owners of all outstanding bonds, and shall become effective only upon the filing of written consents with the Clerk, signed by the owners of not less than a majority in principal amount of the bonds which are then outstanding or, in the case of an amendment not affecting all- outstanding bonds; by the owners of not less than a majority in principal amount of the bonds affected by such amendment. Any written consent to an amendment may be embodied in and evidenced by one or any number of concurrent written instruments of substantially similar tenor signed by bondholders in person or by I I I 1 II-5